Sustainability
LATEST NEWS FROM SUSTAINABILITY
Sustainability
US should take Boeing to trial in 737 MAX fraud case, lawyer says
The U.S. Justice Department should take Boeing to trial in a criminal fraud case stemming from two fatal 737 MAX crashes and reject a tentative deal to allow the planemaker to avoi...
Sustainability
Walmart plans job cuts in restructuring push to simplify operations
U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to simplify its operations, according to a memo seen by Reuters.
Sustainability
India's IndusInd Bank posts largest-ever quarterly loss due to suspected employee fraud
IndusInd Bank , India's fifth-biggest private lender by assets, reported its biggest-ever quarterly loss on Wednesday and said it suspects some employees had engaged in fraud that ...
Sustainability
Italy's antitrust body closes Dior probe with pledges to fund fight against labour exploitation
Italy's antitrust body has closed its investigation into whether LVMH-owned Dior and two of its units misled consumers with their statements about working conditions at its supplie...
Sustainability
Swatch family Hayek faces test as investor presses to join board
The family that dominates Swatch Group faces an unusual test on Wednesday when an American investor tries to secure a place on the Swiss watchmaker's board, bidding to shake up its...
Sustainability
Westpac to cut 1,500 jobs, simplify operations, AFR reports
Westpac Banking Corp is planning to cut more than 1,500 jobs to meet cost reduction targets and simplify operations under a plan known as UNITE, the Australian Financial Review rep...
Sustainability
Capital One to pay $425 million to settle litigation over savings accounts
Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not telling them ...
Sustainability
Apple blocks access to video game Fortnite in US, EU, Epic Games says
Apple has blocked the "Fortnite" video game on its iPhones in the United States and through the game maker's own store in the European Union, its maker Epic Games said on Friday.
Sustainability
US rooftop solar companies say Republican House bill would be a major setback
Companies that put solar panels on U.S. homes say a Republican budget bill advanced in Congress this week would deal a massive blow to the industry by eliminating a generous subsid...
Sustainability
Danish aid group exits six countries, slashes more jobs after Trump cuts
The Danish Refugee Council, a major humanitarian group, said on Wednesday it will end its relief programmes in six countries and slash 650 additional jobs after the United States, ...
Sustainability
EU court annuls rejection of bid for EU's von der Leyen vaccine messages with Pfizer
Europe's second-top court on Wednesday dismissed the European Commission's rejection of a New York Times' request to access text messages between its President Ursula von der Leyen...
Sustainability
US health department to reverse federal layoffs of coal safety workers, senator says
Over 100 federal employees who screen coal miners for black lung disease and research other respiratory disease who had been terminated as part of sweeping government layoffs have ...
Sustainability
US House Republicans seek to kill EV tax credit, loan program
Republicans in the U.S. House of Representatives on Monday proposed killing the electric vehicle tax credit and repealing fuel efficiency rules designed to prod automakers into bui...
Sustainability
US will fast-track Utah uranium mine permit
The U.S. Interior Department said on Monday it will fast-track environmental permitting for Anfield Energy's proposed Velvet-Wood uranium mine project in Utah to boost President Do...
Sustainability
As Brazilian president visits China, $1 billion sustainable fuel deal announced
Brazil announced two Chinese partnerships on Monday, including a $1 billion investment by China's Envision Energy to produce sustainable aviation fuel, as the country's president v...
Sustainability
Nissan to cut over 10,000 more jobs, NHK reports
Nissan Motor will cut more than 10,000 jobs globally, bringing the number of layoffs, including those previously announced, to about 20,000 or 15% of its workforce, Japan's public ...
Sustainability
Norway's Wealth Fund to engage Rio Tinto, South32 over environmental concerns
Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has decided to actively engage with mining companies Rio Tinto and South32 regarding their envi...
Sustainability
US regulators recommend Venture Global's CP2 LNG project gets greenlight
U.S. federal regulators recommended in a final environmental report that Venture Global's VG.N proposed CP2 liquefied natural gas export project in Louisiana get the go-ahead, acco...
Sustainability