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Oil majors’ transition plans face conflicting demands

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INTERNATIONAL

The US majors were less aggressive in their decarbonisation plans and performed better in 2022; their European counterparts are now looking to do the same.

Firms’ net-zero plans are key to meeting climate goals

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INTERNATIONAL

To achieve the 2015 Paris agreement climate targets, greenhouse gas (GHG) emissions must be net-zero by 2050. While the Paris agreement was a commitment by governments, businesses…

Tycoons will greatly assist India’s green push

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INDIA

Gautam Adani, another Indian tycoon, has also promised sizeable investment in green energy. India aims to meet 50% of its energy needs from renewables by 2030 and to achieve…

Delay on stock trading system is awkward for Vietnam

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VIETNAM

VIETNAM: Delay on stock trading system is awkward

Prospects for the global economy in 2016

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PROSPECTS 2016

Prospects for the global economy in 2016.

Political strife may hit business sentiment in Vietnam

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VIETNAM

The government statement announcing the news alluded to “violations” and “shortcomings” that adversely affected public opinion and the CPV’s reputation. Thuong became president on…

Gulf economies are on a stable track despite risks

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GULF STATES

The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…

Orlen super-group will adhere to Poland’s ruling party

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POLAND

The European Commission accepted in June that anti-trust conditions had been met, allowing a company loyal to the current ruling party to proceed with consolidating Poland’s…

Gold market prices and profitability will suffer

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INTERNATIONAL

Even though it has lost around 13% since that peak, gold is only down by 7% in US dollar terms in the year to date, although the dollar has risen by a record amount this year.

EURO-AREA: Banking union faces long-term risks

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EURO-AREA

Banking union outlook.