Bloomberg UK power prices rose after a coal power plant switched on Monday to make up for a shortfall in wind generation and limited flows on two power cables to Ireland. Britain is set to end the use of coal within three years and to make power generation fossil fuel-free by 2035. For now the nation is still reliant on ...

Bloomberg Chevron Corp committed for the first time to an aspiration of net zero emissions from its operations by 2050 as the company responded to rising investor and societal pressure to play a bigger role in a transition to a low-carbon future. Chevron is also incorporating its customers’ emissions into some of its goals, the San Ramon, California-based company said ...

America’s biggest banks have had star-turns this year for investors betting on the global economic rebound from the Covid-19 pandemic, but the encores might well be done. Lenders from the US and Europe have comfortably beaten earnings expectations while the world grappled with economic shutdowns and re-openings. But with third-quarter earnings coming up — starting with JPMorgan Chase & Co ...