Coal is 'king' as gas prices soar, Total CEO says — and it's backfiring on cleaner energy goals
Surging gas prices have led to a jump in the use of coal, a high-polluting fuel whose use Europe has been trying to reduce.
CNBC Europe
IEA says clean energy progress remains 'far too slow'
The shadow of the Paris Agreement looms large over the IEA's report.
Chip machine maker ASML will grow into a $500 billion business next year, tech investors predict
Founded in 1984, ASML provides chip makers with essential hardware, software and services to mass produce patterns on silicon.
IMF cuts its global growth forecast, citing supply disruptions and the pandemic
The revised outlook for this year comes amid supply chain issues in advanced economies and a worsening health situation in emerging countries.
Nordic countries are restricting the use of Moderna's Covid vaccine. Here's why
Finland and Sweden are limiting the use of Moderna's Covid-19 vaccine in young people over concerns around rare cardiovascular side effects.
‘No single company can address the climate crisis alone’: Business leaders on why co-operation is so important
As COP26 nears, calls for an approach which focuses on working together in favor of a common goal are growing louder by the day.
IMF boss Georgieva risks losing her job over China bias claims. Here's what you need to know
Kristalina Georgieva, managing director of the IMF, is under pressure after allegations that she told staff at the World Bank to amend rankings to China's benefit.
IMF expresses 'full confidence' in the leadership of Kristalina Georgieva
"The Executive Board reaffirms its full confidence in the Managing Director's leadership and ability to continue to effectively carry out her duties," said IMF.
Long way to go to close UK pay gap, 'The Apprentice' star Karren Brady says
Brady, who is a baroness and vice-chairman of West Ham United Football Club, said there isn't a magic formula to pay equality.
Momentum, commitment, scale: Experts break down what it will take to hit climate goals
As the world gears up for COP26, climate change and net-zero goals are hot topics of discussion.
Tyson Fury says Deontay Wilder refused to show 'sportsmanship' after he knocked out American in third fight
"I'm a sportsman. I went over to him to show some love and respect and he didn't want to give it back," Tyson Fury said.
World leaders reach landmark deal on a global corporate tax rate
The Organization for Economic Cooperation and Development on Friday announced a major breakthrough over corporate tax rates, after years of disagreement.
Poland’s defiance of EU law raises concern over a possible exit
Poland's highest court has ruled that some EU laws conflict with the country's constitution, raising concerns about Poland's commitment to the Union.
Global tax deal inches closer as holdout Ireland agrees to sign up
Ireland has decided to sign up to a global deal that will push its corporate tax rate to 15%, marking a huge shift in its policy.
Comcast’s Sky launches Sky Glass streaming TV
Comcast's European pay TV offering Sky has launched a smart television called Sky Glass.
Saudi wealth fund buys England's Newcastle United soccer club after months of wrangling
The purchase ends British billionaire businessman Mike Ashley's 14-year ownership of the team.
George Soros' fund owns bitcoin, CEO confirms
Soros Fund Management, the asset management company founded by billionaire investor and philanthropist George Soros, has revealed it owns bitcoin.
Long Covid now has a formal definition. Here’s what you need to know
Health experts say long Covid is clearly of public health concern, given the substantial impact it has on society.
EU working to avoid new tariffs on the U.S. due in December, trade chief says
The European Union is working hard to avoid a fresh round of tariffs on the United States, Europe's trade chief told CNBC Wednesday.
'We are one millimeter away' from global tax deal, French finance minister says
A global deal on corporate tax should be completed before the end of this month, top EU officials told CNBC Wednesday.
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