The Business Times

Peggy Hollinger

European companies are racing to strike these deals in a search for price stability after last year’s energy crisis, and to accelerate their own transition away from fossil fuel.
THE BOTTOM LINE

Green power: how companies are taking charge of their own destiny

From luxury houses to cement makers, businesses are boosting renewable energy projects with long-term supply contracts

A general view of a Leroy Merlin DIY store in the Moscow region, some 50 km off Moscow, on March 24, 2023. - French DIY retailer Leroy Merlin announced on March 24, 2023 that it would exit Russia, ending an 18-year presence that has been criticised by Ukraine, with Kyiv accusing the company of sponsoring Moscow's "war machine". Leroy Merlin said it would cede all of its stores in Russia, where it is among the biggest foreign employers, to local management which would protect 45,000 jobs. (Photo by NATALIA KOLESNIKOVA / AFP)
THE BROAD VIEW

Younger CEOs may be an answer to business uncertainty

The average age of chief executives is falling — but that isn’t necessarily a bad thing

Despite providing evidence to the Airbus investigation, Jakarta was left out of the final settlement against the aircraft maker.
THE BOTTOM LINE

The fight against global corporate graft needs to aim higher

More funds from settlements of prosecutions by rich countries need to go to victims in developing nations

Passengers queueing in Heathrow Airport in London. Last week, Heathrow blamed airlines for overambitious flight schedules as it limited passengers to 100,000 a day.

Aviation sector needs to give up the blame game

To avoid future disruption, the industry and passengers will have to pay the true cost of flying

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