Corporate news, financial markets, and economic trends
Bosch has agreed to a preliminary deal with the U.S. Department of Commerce for up to $225 million in subsidies to make silicon carbide power semiconductors in California, boosting the efficiency of electric vehicles. German automotive supplier Bosch has agreed preliminary with the U.S. Department of Commerce to accept up to $225 million in subsidies…
Northern Ireland’s Environment Minister Andrew Muir has announced a two-month delay in the single-use vape ban, now effective from June 1, 2025, aligning with UK-wide regulations. Northern Ireland has postponed the deadline to ban single-use vapes, shifting the date for implementation to June 1, 2025. A two-month delay was announced by Environment Minister Andrew Muir,…
The Federal Highway Administration has published its updated guidance for the National Electric Vehicle Infrastructure (NEVI) Formula Program on connector standards, proprietary adapter use, state plan requirements, exception processes, and fully built-out certification procedures as a way to accelerate nationwide electric vehicle charging infrastructure. The Federal Highway Administration (FHWA) has issued updated guidance for the…
Failed Wins in New York City Retirement Systems Shareholder Initiatives Report 2024: Worker rights for Starbucks and Wells Fargo amist ESG propositions. The New York City Retirement Systems has published its 2024 Shareholder Initiatives Postseason Report in a year marked by sharp political tension and a growing strong conservative backlash against ESG investing. In this…
Australia’s 2024 National Hydrogen Strategy – breaking through commercial barriers for the production of renewable hydrogen, encouraging innovation, and deepening international trade partnerships. Australia is now positioned to further solidify its leadership as a global hydrogen leader with the release of its 2024 National Hydrogen Strategy. The strategy provides a comprehensive framework that will accelerate…
Stanford University researchers have found that the real-world life of electric vehicle batteries can be increased by up to 40%, potentially driving down ownership costs and making more appealing to consumers. New evidence suggests that electric vehicle batteries can last up to 40% longer than initially assumed. In a paper published on December 9, 2024,…
The U.S. Blue Economy will continue to grow thanks to four critical business accelerators announced today by the Biden-Harris Administration. These programs aim to promote the development of ocean-based renewable energy, sustainable fisheries, and marine energy. A comprehensive plan to build the growing “Blue Economy,” which employs and supports sustainable development along America’s coastlines, has…
Stay abreast of key legislative and regulatory changes affecting the derivatives market this week. Keep up to date with global reforms in the CFTC, ESMA, and Asia-Pacific authorities. The global derivatives market saw major developments this week as legislative and regulatory changes reshaped the trading landscape. Key updates from major financial hubs such as the…
Discover the Financial Stability Oversight Council’s 2024 Annual Report highlighting risks in digital assets, rising interest rates, and global market dependencies. Explore the insights and policy recommendations to safeguard the U.S. financial system. In its recently released 2024 Annual Report, the Financial Stability Oversight Council (FSOC) identified key risks and challenges facing the U.S. financial…
The U.S. Treasury and IRS issued final regulations under Section 48 of the tax code relating to the Investment Tax Credit, further clarifying eligibility and strengthening support for clean energy investments in renewable technologies. As a bold effort to boost clean energy investment, the United States Treasury Department and Internal Revenue Service have made the…
