The Science Based Targets initiative reported a 40 percent increase in the number of companies with validated climate targets in 2025, countering claims that corporate climate ambition is weakening. According to newly released data, more than 2,800 companies received validation during the year, bringing the total to over 10,000 firms with......
A six-week conflict involving the United States, Israel, and Iran has triggered Asia's worst energy crisis in decades, with surging fuel prices, severe LPG shortages, and widespread economic fallout. A fragile two-week ceasefire announced April 7 offers only tentative relief. Wood Mackenzie's April 6 analysis shows Asia's spot......
Japanese convenience store operator Seven & i Holdings Co Ltd announced that it is postponing the planned public listing of its North American operations. The listing, originally expected in the second half of 2026, will now be deferred to the financial year starting April 2027 or later. A company spokesperson cited ongoing market uncertainty......
The world is facing an unprecedented energy crisis as disruptions to oil and gas supplies continue to intensify, raising concerns about global economic stability and inflation. According to the head of the International Energy Agency (IEA), the current situation represents one of the most severe energy shocks in modern history. The crisis......
Asian stocks and emerging market currencies edged higher on Monday as reports of a possible temporary ceasefire between the United States and Iran lifted investor sentiment, despite an approaching deadline set by US President Donald Trump for Tehran to reopen the Strait of Hormuz. Trading volumes remained thin due to public holidays across......
The war in the Middle East has upended global energy markets, but for China the disruption is proving to be an accelerant. As oil-importing nations grapple with crude prices above $110 a barrel and scramble for alternatives to volatile fossil fuel supplies, Chinese electric vehicles, solar panels, and surplus natural gas are filling the gap,......
Six weeks into the war between the United States, Israel, and Iran with no ceasefire in sight, Asia, the destination for roughly 90 percent of the oil and 83 percent of the liquefied natural gas that normally transits the Strait of Hormuz, is bearing the heaviest economic toll of a conflict it did not start. Iran effectively closed the strait......
Mazda Motor announced Monday it has suspended domestic production of vehicles destined for the Middle East until May, becoming the latest Japanese automaker to scale back operations as the Strait of Hormuz remains effectively closed to commercial shipping, according to the Nikkei. The company had already halted exports to the region in March......
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GITEX Africa: The New Frontiers Of African Innovation
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Les Impériales Week 2026: Under the Theme “Daba or Never”
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