Breaking up big energy will not solve climate change

It is the same argument that Ben van Beurden has given for refusing to bow to demands from Dan Loeb’s Third Point to split Shell’s oil exploration…

Elon Musk warns rocket trouble risks bankrupting SpaceX

Elon Musk has warned staff at SpaceX that the company faces a “genuine risk of bankruptcy” if it cannot fix its rocket engines by next year. Mr…

Highest inflation since introduction of the euro piles pressure on Christine Lagarde

Christoph Weil, senior economist at Commerzbank, added that inflation in the first half of next year was likely to be “significantly higher” than the ECB had previously…

Wise co-founder Kristo Kaarmann told to hire tax advisers

Directors at the money transfer company Wise have told its billionaire chief executive to hire professional advisers after he was fined for defaulting on his taxes. Wise…

Donald Trump was right about the WTO – but free trade is not dead yet

So stitched up by third worlders has the appointments process become that no Western candidate for the job ever stood a chance. They could, on the other…

Bid to fire up power stations to ease energy crisis ‘strangled with red tape’

In October National Grid ESO, which balances electricity supply and demand, said that Britain faces a greater risk of blackouts this winter than last given the availability…