Bloomberg FedEx Corp. plans to scale back even more on Sunday package deliveries as the courier grapples with faltering e-commerce demand. The pullback will reduce the availability of Sunday service to “more than 50%” of the US population, according to an internal memo. FedEx had announced in July that it would slash coverage on that day to roughly 80% …

Bloomberg The head of the European Union’s executive arm said the bloc should pass a new law to fast-track investments in clean tech and boost funding for the energy transition in response to a US climate law it fears unfairly subsidizes American companies. “To keep European industry attractive, there is a need to be competitive with offers and incentives that …

Bloomberg Boston-based startup Sublime Systems has raised $40 million to develop a new technology to produce low-carbon cement. The cement industry contributes as much as 8% to global emissions of planet-warming carbon dioxide. Meeting global climate goals under the Paris Agreement would require reducing that to zero within decades. However, cement has proven to be one of the more difficult …