The remarkable rise of 'greenhushing'
R ead the headlines and the easy conclusion is that big business has abandoned the fight against climate change. In the past two weeks BP , an oil giant, sold its American onshore-wind business; Jaguar Land Rover, a carmaker, has reportedly delayed the launch of its new electric Range Rover; and HSBC , a bank, left the Net-Zero Banking Alliance ( nzba) , a group committed to lending in a greener way. But these bits of news are only part of the picture. Taken as a whole, companies are quietly making progress on their climate goals.
As data centres get more energy-hungry, the hyperscalers get more creative
Investors are starting to call for the luxury conglomerate to break itself apart
A rumoured merger may be scuppered by Indonesia's government
A tie-up between Union Pacific and Norfolk Southern would be messy but powerful
Although many of their investments have a commercial logic, the result looks increasingly unwieldy
But it has only staved off a coming plunge
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