Bloomberg The UK’s next prime minister is likely to have a weaker commitment to achieving net-zero carbon emissions than Boris Johnson. The outgoing British leader made cutting emissions a priority and sought leadership on the global stage by hosting the COP26 summit in Glasgow in November. But in the middle of a cost-of-living crisis caused by rising fuel and food ...

  Bloomberg Temasek Holdings Pte increased its internal carbon price to $50 a ton as the Singapore state-owned investor takes steps to meet a net zero target by 2050. The $287 billion fund lifted the internal price from $42 a ton, and plans to increase it further to $100 a ton by 2030, according to the investor’s annual report released ...

When Foxconn Technology Group’s Young Liu toured Asia last month, he avoided speaking about the one client for which the Taiwanese company is most famous. In meetings with the leaders of India, Indonesia and Thailand, the chairman focussed on developing semiconductors and building electric vehicles instead of churning out Apple Inc iPhones. That’s a stark contrast to eight years ago, ...