Hydrogen for home heating should be ruled out, infrastructure adviser says
Government commission recommends a focus on installing and subsidising heat pumps instead
Renewable energy
What career path should I pursue for my MBA?
Your questions for our expert — and readers’ advice
Business education
Carrefour and Chinese conglomerate Suning in legal battle over China stores
The retail network in the country has been bleeding cash and losing market share to rivals
Mergers & Acquisitions
Chinese electric vehicle groups braced for wave of consolidation
Automakers confront uncertain future after 10-year investment boom
Electric vehicles
Choice/Wyndham: checking in on budget hotels
A combination would create one of the biggest operators in the world but this is an opportunistic move
Travel & leisure industry, Mergers & Acquisitions
Goldman Sachs: retrofit bank must deal with pay and capital costs ahead
US lender can only hope to position itself for a rebound in IPOs and merger activity
Investment Banking
Umicore: cathode capacity expansion cuts signal slower EV revolution
Financial reality is catching up with bold hopes for energy revolution
Electric vehicles, Batteries
Leonardo DiCaprio’s next role: investor in sustainable luxury watchmaker ID Genève
The Hollywood actor says the Swiss timepiece maker’s eco-innovative practices are an exemplar for the watch industry
Luxury goods
Umicore shares rally after Canada offers subsidies for battery materials plant
Belgian group cuts capital expenditure forecast after $715mn pledged in government support for factory in Ontario
Electric vehicles, Batteries
US tightens rules on AI chip sales to China in blow to Nvidia
Biden administration’s move aims to limit country’s access to advanced processors
Artificial intelligence