In this picture obtained from Iran’s ISNA news agency on June 1, 2026, Iranians sit on Suru Beach in Bandar Abbas along the Strait of Hormuz. Amirhossein Khorgooei | Afp | Getty Images HELSINKI, Finland — Iran’s influence over the strategically vital Strait of Hormuz has inadvertently transformed the energy security debate, effectively casting fossil … Read more
Fashion recycling startup Circ separates cotton and polyester from clothing that can’t be repaired or resold and sells it back to the clothing supply chain. Courtesy: Circ COPENHAGEN, Denmark — As the retail world navigates the first half of 2026, a strange paradox has taken hold of the global fashion industry. On the one hand, … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Global Business Travel Association CEO Suzanne Neufang says Middle East travel demand is showing signs of stabilising as regional airlines cut fares to win back passengers and adjust to a “new normal”. Source link
Workers check vehicle frames on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images The fallout from the Iran war is likely to expedite the shift away from fossil fuels and make countries think differently about the … Read more
Roughly 15% of TotalEnergies’ production is offline, as the war with Iran nears the one-month mark, but surging oil prices have more than made up for the lost barrels, chairman and CEO Patrick Pouyanné told CNBC in an exclusive interview. With Brent crude trading solidly above $100 a barrel, much of the attention has focused … Read more
Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, on March 7, 2024. Mike Blake | Reuters Rivian Automotive will launch sales of its crucial R2 all-electric vehicle this spring with a roughly $58,000 special edition model, the company announced Thursday. The first of the R2 … Read more
2026 Jeep Cherokee. Courtesy: Stellantis DETROIT — Jeep maker Stellantis is leaning on technologies from automotive suppliers for its newest hybrid SUVs as the market for more fuel-efficient vehicles is expected to continue growing, CNBC has learned. The trans-Atlantic automaker’s first-ever Jeep hybrid SUV for North America, its recently launched Cherokee, features a system from … Read more
Environmental Protection Agency Administrator Lee Zeldin talks to residents and small business owners impacted by the Palisades Fire on Feb. 4, 2026 in Pacific Palisades, California. Mario Tama | Getty Images News | Getty Images The Trump administration repealed a key defense in the U.S. fight against climate change — and it will likely have … Read more