Latest Stories

RWE Ends US Offshore Wind Projects After $1.2bn Deal with Trump Administration
Energy

RWE Ends US Offshore Wind Projects After $1.2bn Deal with Trump Administration

German energy firm RWE has confirmed it will abandon its offshore wind projects in the United States, following a $1.2 billion (£892 million) settlement with President Donald Trump's Department of the Interior. The company plans to reinvest the sum into conventional gas developments, including a significant liquefied natural gas (LNG) export terminal in Louisiana.

10 August 2026
Multinational Firms Face Strategic Blind Spot on Sovereign AI, Accenture Survey Warns
Business and Markets

Multinational Firms Face Strategic Blind Spot on Sovereign AI, Accenture Survey Warns

A global survey by Accenture reveals that multinational companies are largely treating 'sovereign AI' regulations as a compliance issue rather than a strategic opportunity. The study of nearly 2,000 executives highlights a significant gap between geopolitical risk perception and proactive strategic engagement with country-specific AI policies, advising firms to elevate AI sovereignty to a CEO-level priority to secure competitive advantage.

10 August 2026
People Inc CEO Warns Google Block Still 'On The Table' Amid Digital Subscription Push and Q2 Revenue Dip
Media

People Inc CEO Warns Google Block Still 'On The Table' Amid Digital Subscription Push and Q2 Revenue Dip

People Inc, the publisher formerly known as IAC, is not currently blocking Google from crawling its content despite a significant drop in referral traffic, though CEO Neil Vogel has clarified that such a move remains a strategic option. The publisher revealed a 2% fall in total Q2 revenue but saw growth in digital streams and is accelerating its rollout of paid digital subscription products.

10 August 2026