Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gianni Infantino’s future as president of football’s governing body is in serious doubt after he pulled the plug on a divisive plan to spin out a new commercial entity from Fifa and sell a stake…
Hollywood is having its best summer since the Covid-19 pandemic threatened to permanently alter moviegoing habits, with “Toy Story 5” extending the hot streak over the weekend. The Disney-Pixar sequel was on pace to sell an estimated $312 million in tickets worldwide from Thursday through Sunday, according to Rentrak, which compiles box office data. Directed…
With the world’s most important fossil fuel supply route at a near-standstill, many advocates for wind and solar say the transition to renewable energy is about to shift to a much higher speed. The United Nations climate chief, Simon Stiell, recently described an “immense irony” in which leaders who have “fought to keep the world…
Amsterdam is famously a place where anything goes. Prostitution is legal. Coffee shops sell marijuana and hashish. Truffles laced with the psychoactive compounds found in hallucinogenic mushrooms are available at “smart shops.” But what is no longer allowed in the freewheeling city’s public spaces are advertisements for products that some city councilors consider to be…
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates on the explosive growth of…
Opec appears to be the latest casualty of the Iran war. On Tuesday, the United Arab Emirates announced that it was leaving the oil cartel after 60 years. The loss of a critical member is a blow to the group and its de facto leader, Saudi Arabia, in the midst of the biggest supply crisis in history….
Ministers from nearly 60 countries are gathering this week in the Colombian city of Santa Marta for what is being called the first global conference on phasing out fossil fuels. The United States was not invited. The summit is taking place against the backdrop of the United States and Israel’s war with Iran, which has…
Shorouk Express The European Commission has adopted its communication on the Sustainable Transport Investment Plan (STIP), setting out a pivotal roadmap to rapidly accelerate the energy transition of aviation and waterborne transport sectors. A key component of the EU Competitiveness Compass and the Clean Industrial Deal, this initiative provides for the first time a common approach to boost investments into renewable and low-carbon fuels for these sectors. The…
Shorouk Express Fact check: In December 2020, a group of big players in international finance launched the Net Zero Asset Managers initiative. They committed their firms to “supporting the goal of net-zero greenhouse gas emissions by 2050 or earlier, in line with global efforts to limit warming to 1.5°C”. They planned to do this by…
Shorouk Express Economy Materials 8 June 2025 19:40 (UTC +04:00) The European Union’s clean energy investment is projected to reach nearly $390 billion in 2025, ranking third globally, according to the International Energy Agency (IEA). Driven by the post-Ukraine war energy crisis, favorable policies, and declining renewable costs, Europe has dramatically shifted its…
