At last, divestment is hitting the fossil fuel industry where it hurts

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BusinessEnergyFossil fuelsOil

Amazon posts record $2.5bn profit fueled by ad and cloud businesses

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This article titled “Amazon posts record $2.5bn profit fueled by ad and cloud businesses” was written by Julia Carrie Wong in San Francisco, for The Guardian on Thursday 26th July 2018 22.55 UTC

Amazon posted a record profit of $2.5bn in the second quarter of 2018, thanks to strong performance by the retail giant’s non-retail divisions – advertising an

Ex-Uber CEO Travis Kalanick reveals new project: a ‘job creation’ fund

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This article titled “Ex-Uber CEO Travis Kalanick reveals new project: a ‘job creation’ fund” was written by Julia Carrie Wong in San Francisco, for theguardian.com on Thursday 8th March 2018 01.32 UTC

Nine months after he was forced to resign as CEO of Uber, Travis Kalanick has a new baby: an investment fund named 10100.

On Wednesday, Kalanic

Indian jewellery tycoon hunted over claims he cheated bank of $1.8bn

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This article titled “Indian jewellery tycoon hunted over claims he cheated bank of $1.8bn” was written by Michael Safi in Delhi, for The Guardian on Friday 16th February 2018 11.38 UTC

A worldwide search is under way for a billionaire Indian jeweller accused of cheating the state-owned Punjab National Bank (PNB) out of nearly $1.8bn.

Nirav Modi, a third-generation

Asian stock markets drop after Dow posts second biggest points fall

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This article titled “Asian stock markets drop after Dow posts second biggest points fall – live” was written by Martin Farrer (now), Graeme Wearden and Nick Fletcher (earlier), for theguardian.com on Friday 9th February 2018 04.37 UTC

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Demand for gold fell last year despite rise in industrial use

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This article titled “Demand for gold fell last year despite rise in industrial use” was written by Julia Kollewe, for theguardian.com on Tuesday 6th February 2018 05.00 UTC

Global demand for gold fell last year as investors piled into stock markets instead, cancelling out the first annual increase in purchases of gold jewellery in four years and the incr

British Airways apologises for bed bug infestation

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This article titled “British Airways apologises for bed bug infestation” was written by Patrick Greenfield, for theguardian.com on Thursday 19th October 2017 22.10 UTC

British Airways has apologised to a Canadian family after they were bitten by bed bugs on a transatlantic flight between Vancouver and London.

Heather Szilagyi, her seven-year-old daughter, Molly, and her fian

Time to shine: Solar power is fastest-growing source of new energy

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This article titled “Time to shine: Solar power is fastest-growing source of new energy” was written by Adam Vaughan Energy correspondent, for The Guardian on Wednesday 4th October 2017 07.00 UTC

Solar power was the fastest-growing source of new energy worldwide last year, outstripping the growth in all other forms of power generation for the first time and leading