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UK’s biggest water utility, the government and Ofwat are at an impasse over its finances
Plus, Elliott’s caught in an AC Milan legal battle and Byju’s investors try to oust its founder
Deputy minister targets ‘price equilibrium’ to support sustainable demand for electric car batteries
US prosecutors say trading house paid Brazilian officials to keep its business with state oil group
Investors say regulatory conditions make utility’s business plan ‘uninvestable’
Office for Nuclear Regulation says ‘no suggestion’ public safety has been compromised
The utility’s nine shareholders and regulator Ofwat have moved firmly beyond bluff tactics
New oil and gasfields are expected to grow fourfold by the end of the decade, according to a new tracker
Progress in the fastest-warming continent is thwarted by a constituency fatigued by inflation and trade tensions
Shareholders refuse to confirm they will make fresh equity injection
US Treasury secretary tells Beijing its trade practices will distort markets and harm workers
Data from Environment Agency prompts calls for government to declare national emergency
Investigation commissioned by gold miner finds former chief Sébastien de Montessus ‘caused’ company to make payments
Also in today’s newsletter, Larry Fink embraces ‘energy pragmatism’
London-listed company given four-week exclusivity period by Italian oil major to make bid
CATL chief Robin Zeng says much-vaunted tech for electric vehicles is impractical and unsafe
Whether the nascent industry turns into reality rests on talks taking place behind the scenes
Second round of discussions ends without significant progress on export credit policies
The technology is transforming all areas of the sector, with new roles generated and more traditional, lower-skilled jobs at possible risk
Satellite images shared exclusively with the Financial Times point to ‘arms-for-oil’ trade between Pyongyang and Moscow
Longi founder Li Zhenguo is laying off thousands of staff in an industry grappling with oversupply
Despite the trusts’ efforts, their shares continue to trade at discounts to net asset value
Keir Starmer says early stage technology would be among the schemes backed by GB Energy if party wins the election
Critics say Biden administration risks losing race to mine resources in international waters
Biden administration push to decarbonise draws in companies from Sweden, Denmark and Germany
International Edition