European markets start strong; Energy company Drax falls 11% amid investigation into earlier claims.
European Stocks Dip Amid Tech Earnings Review European stock markets saw a decline on Thursday as investors digested the latest quarterly earnings reports from tech giant Nvidia. Companies in the US provide products for well-known tech firms like Microsoft, Google, Meta, and Amazon, which recently indicated that their quarterly results showed over 50% growth, reflecting […]
UK halves subsidies for Drax and says it must use 100% sustainable wood | Energy industry
The UK government has ordered the use of 100% sustainable wood after halving subsidies for the Drax power plant and receiving criticism for its business model. Large North Yorkshire power plants will play a “more limited role” in the future, the government said. The plant is an important generator for the UK, but has been […]