BP (BP.) new chief executive has set an ambition to shrink the oil giant’s carbon footprint to net zero by 2050 and will cut the carbon intensity of the energy it sells by 50% over the same period.
Barclays (BARC) under increasing pressure over fossil fuel loans. Europe’s biggest asset manager backs vote calling for bank to end services to energy firms.
Nissan launches $90m lawsuit against former chairman Carlos Ghosn. Japanese carmaker seeking damages for ‘corrupt’ actions by ex-boss who fled to Lebanon.
UK could ban sale of petrol and diesel cars in 12 years, says Shapps. Transport secretary’s disclosure of earlier target likely to rattle carmakers.
Ofcom to be put in charge of regulating the internet in the UK. Web firm bosses could be fined or imprisoned if they do not protect users from harmful content