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• 69% of CEOs plan to allocate up to 20% of their budgets to AI in the next year.• 92% expect to expand headcount despite mounting global economic uncertainty.• CEO confidence in meeting net-zero goals by 2030 has risen from 51% to 61%. CEOs Reassess Growth Amid Mounting Economic Uncertainty Global CEOs are tempering optimism about the world economy while doubling down on investment in artificial intelligence, workforce expansion, and sustainability, according to KPMG’s 2025 Global CEO Outlook released on October 7. The survey of over 1,300 chief executives shows confidence in the global economy slipping to 68%, the lowest…

‘Not words that I would have used’ – Mel Stride refuses to back Jenrick’s no white faces comment about HandsworthMel Stride, the shadow chancellor, has said that he would not have used the words that Robert Jenrick did about not seeing “another white face” when he talked about visiting Handsworth in Birmingham.Stride is the first senior Tory at the conference to distance himself from Jenrick over the comments, which Kemi Badenoch has been defending all today.At a Politico fringe meeting, asked by Anne McElvoy how he felt about Jenrick’s comments, Stride replied: Those are not words that I would have…

• Renewable generation reached 5,072 TWh in the first half of 2025, overtaking coal’s 4,896 TWh.• China and India accounted for the bulk of global solar and wind expansion, offsetting fossil growth elsewhere.• Renewables met all new global electricity demand, marking a decisive shift in the world’s energy mix. A Historic Shift in Global Power Generation Renewable energy has overtaken coal as the world’s largest source of electricity generation for the first time, according to new data from global energy think tank Ember. The report, released Tuesday, shows that in the first half of 2025, wind and solar power combined…

As the automotive industry transitions to software-defined vehicles, intelligent management of the battery becomes essential for seamless operation. Qnovo, a leader in battery software for e-mobility, today announced at The Battery Show North America a strategic partnership with Sonatus, an AI and software-defined vehicle (SDV) solutions supplier. This collaboration transforms how automotive OEMs deploy advanced battery safety technology, reducing traditional integration timeframes to mere days while enabling flexible deployment anywhere in the vehicle or cloud. The partnership integrates Qnovo’s industry-leading Health & Safety Diagnostics (HSD) with Sonatus AI Director, creating an unprecedented solution that delivers 98.7% accurate battery fault prediction…

• Launch of MyPuro 2.0 aims to reduce certification timelines and enhance data integrity for carbon removal credits.• New architecture introduces API connectivity and digital monitoring (dMRV) integration for real-time verification.• Rollout covers Puro.earth’s 360+ suppliers, strengthening the market’s pipeline of durable CO₂ removal credits. Helsinki-based platform scales digital certification system Puro.earth, the Nasdaq-backed carbon removal crediting platform, has launched MyPuro 2.0, an upgraded digital certification system designed to accelerate the verification of high-quality carbon dioxide removal (CDR) projects. The platform is being rolled out to more than 360 suppliers worldwide and establishes the backbone for automated, data-driven issuance of…

Argentina’s prized shale basin Vaca Muerta, once hailed as the key to transforming the country into a global energy exporter, is now facing a period of stagnation and uncertainty. Lower oil prices, rising costs, and policy constraints have slowed drilling and fracking, raising questions about whether the formation can deliver the government’s ambitious export goals.According to Reuters, drilling and fracking activity in Vaca Muerta — the world’s fourth-largest unconventional oil reserve — has begun to plateau, with the number of wells in the Neuquén Basin falling for three straight months. Benchmark oil prices around $65 per barrel, down from $90…

• British International Investment’s (BII) $60 million investment supports the $510 million Green Investment Partnership (GIP) under Singapore’s FAST-P framework.• The initiative aims to close Southeast Asia’s $210 billion annual climate infrastructure gap through blended finance.• GIP will fund decarbonisation projects in renewables, e-mobility, circular economy, and bioenergy, beginning in 2025. London and Singapore Partner to Bridge Asia’s Climate Finance Divide British International Investment (BII), the UK’s development finance institution and impact investor, has committed $60 million to the Green Investment Partnership (GIP) managed by Pentagreen Capital — an effort designed to expand private capital flows into Southeast Asia’s green…

2025-10-07T16:36:05Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Nvidia CEO Jensen Huang reiterated his support for Trump’s H-1B fees in an internal message. The company will continue to sponsor H-1B visas and “cover all associated fees,” Huang wrote. Huang has previously expressed some critiques of the H-B visa fees. Nvidia CEO Jensen Huang told staff that the…

(World Oil)– Zephyr Energy plc announced the results of an updated Competent Person’s Report (CPR) for its Paradox basin assets in Utah, revealing a major upgrade in reserves and resource estimates for the company’s flagship Paradox project. The report, compiled by Sproule-ERCE International Ltd., shows significant progress as the development advances toward full commercial production. According to the CPR, proved recoverable reserves (1P) increased 93-fold to 14.8 million net barrels of oil equivalent (boe), up from 0.16 million net boe in 2022. The 1P reserves are forecast to generate more than $115 million in undiscounted free cash flow, with a…

• Partnership targets climate-related private equity co-investments with measurable sustainability outcomes.• Builds on CalSTRS’ $333 billion portfolio strategy to scale its Sustainable Investment and Stewardship initiatives.• Expands Carlyle AlpInvest’s responsible investment platform for institutional investors seeking long-term climate value creation. New Private Market Channel for Climate-Aligned Capital Carlyle AlpInvest Partners and the California State Teachers’ Retirement System (CalSTRS) have launched a climate-focused co-investment partnership aimed at expanding institutional access to private market opportunities that drive the global energy transition. The initiative will identify and co-finance deals across sectors aligned with decarbonization, clean infrastructure, and resource efficiency, combining AlpInvest’s global private…