Vestas warns over lack of approvals for new wind farms
Danish turbine maker says supply chain problems will take months to clear as it returns to a quarterly loss
Renewable energy
Blast rocks Russian military optics plant near Moscow
Incident follows a string of similar explosions at industrial sites across Russia in recent months
Drones
Can COP28 really try to ignore fossil fuels?
Also in today’s newsletter, climate finance initiatives risk becoming ‘unmanageable’, UN external auditor says
Renewable energy
Disney/Penn Entertainment: House of Mouse goes all-in on sports betting
Disney’s reputational gamble has just begun
Travel & leisure industry
AstraZeneca signs vaccine deal with China’s CanSino
Drugmaker says it is working on new technologies to develop vaccines for infectious diseases where there is ‘high unmet need’
Mergers & Acquisitions
ECB finds its press conferences sway markets more than the Fed’s
Frankfurt institution’s communication index shows it is more successful at nudging investors to move in desired direction
Central banks
Tour operator Tui forecasts strong summer despite wildfires in Europe
German travel company reports first profitable third quarter since pandemic as demand and prices rose
Travel & leisure industry
Abu Dhabi oil giant builds internal ‘investment bank’ to chase $50bn in global deals
Adnoc amasses 50-strong team as UAE state oil group seeks to diversify business and expand overseas
Mergers & Acquisitions
Climate politics has entered a new phase
The risks of ignoring the green energy transition have never been so acute
Renewable energy
The Gulf oil company chasing $50bn in deals
Plus, Italy’s rightwing government hits domestic banks with a surprise tax and Diageo’s liquor deal with Diddy turns sour
Mergers & Acquisitions