Bloomberg UK energy grids will have 30 billion pounds ($40 billion) to spend on ensuring the nation’s pipes and wires are able to cope with meeting the nation’s net zero emissions target by 2050. The budget is for service, maintenance, upgrades and repairs on gas and power grids for the next five years, and is 20% higher than the spending …

Bloomberg Tianqi Lithium plans to sell a minority stake in the world’s biggest lithium mine, giving the producer access to the cash it needs to repay the major loan behind its ballooning financial troubles. Australian miner IGO Ltd will pay $1.4 billion in cash for a 49% stake in Tianqi Lithium Energy Australia Pty, the majority shareholder in the Greenbushes …

Bloomberg British Airways parent IAG SA will outline its plan to lower emissions, including the use of carbon offsets, when the airline group’s new chief speaks at a United Nations summit this weekend. Chief Executive Officer Luis Gallego, who was expected set to address the United Nations Climate Ambition Summit on Saturday, will provide a road map towards fulfilling IAG’s …