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Reuters revealed that wind power giant Iberdrola and solar project developer Prosolia Energy will jointly invest 850 million euros ($996 million) in five solar parks in Iberia by 2025, including one of Europe’s largest power plants in Portugal. Through the deal, the companies aim to develop total new capacity of 1.5 gigawatts (GW) in four photovoltaic parks […]

As governments and businesses seek solutions to limit global warming, Reuters is providing coverage from all angles. From the previously unreported extent of methane emissions worldwide to the growing momentum in carbon pricing, offsets and emissions markets, to the development and rapid deployment of renewable energy worldwide, Reuters is delivering the exclusive news and insights […]

Reuters reported exclusively that India’s plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, with the Ministry of Finance describing some proposals as “excessive” and “without economic rationale.” The differences were contained in memos reviewed by Reuters, which offered a rare glimpse of high-stakes policy-making governing a market already featuring global […]

Reuters exclusively reported that Netflix Inc has began to offer a free mobile plan with about one-quarter of its TV shows and movies in Kenya, a strategy aimed at sparking growth in a key African market. The free plan is available on Android mobile phones and will not have ads. It features Netflix movies and TV shows such […]

Reuters reported exclusively that Didi Global Inc co-founder and President Jean Liu has told some close associates that she intends to step down, as the Chinese ride-hailing giant faces intense regulatory scrutiny following its New York listing earlier this year. Liu has in recent weeks told some associates that she expected the government to eventually take control […]

India announced on Monday that it plans to resume exports of COVID-19 vaccines in the October quarter, prioritizing the global vaccine-sharing platform COVAX and neighboring countries first as supplies rise – a move that Reuters revealed last week. India, the world’s biggest maker of vaccines, stopped exports of COVID shots in April to focus on inoculating its own […]

Reuters exclusively reported that investors managing more than $2.5 trillion have called on governments to compel companies and auditors to file financial accounts aligned with the world’s net zero emissions target. Writing to UK climate czar Alok Sharma ahead of the next round of global climate talks in Glasgow in November, the group said doing so was […]

Reuters reported exclusively that a senior U.S. trade official privately criticized India’s July decision to ban Mastercard Inc from issuing new cards, calling it a “draconian” move that caused “panic.” U.S. government emails seen by Reuters showed frustration within the U.S. government after India’s central bank banned new card issuance by American Express and Diners Club International […]