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Motor racing-McLaren buys carbon credits in quest for net zero

UPDATE 1-Motor racing-McLaren buys carbon credits in quest for net zero Recasts to add McLaren partnering with two other organizations By Gabriel Araujo and Alan Baldwin SAO PAULO/LONDON, Nov 30 (Reuters) - McLaren Racing has agreed to purchase carbon credits from reforestation projects in Brazil's Amazon rainforest and CO2 removal initiatives in Britain and the U.S.
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Motor racing-McLaren buys credits from Brazil reforestation project in quest for net zero

Motor racing-McLaren buys credits from Brazil reforestation project in quest for net zero By Gabriel Araujo SAO PAULO, Nov 30 (Reuters) - McLaren Racing has signed a deal with Brazilian startup Mombak to purchase carbon removal credits from reforestation projects in the Amazon rainforest as part of its bid to achieve net zero emissions by 2040, the companies said on Thursday.
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UK health insurance rates to soar on surging claims-industry experts

UPDATE 1-UK health insurance rates to soar on surging claims-industry experts Adds more detail para 19 By Carolyn Cohn LONDON, Nov 30 (Reuters) - Health insurance rates in Britain are likely to soar by at least 20% next year due to the surging number and cost of claims, industry advisers say. British employers have expanded the use of company health schemes as the country's National Health Service struggles to meet patient demand in the aftermath of the COVID-19 pandemic.
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Adevinta ASA, Anglo American, BMW

EUROPE RESEARCH ROUNDUP-Adevinta ASA, Anglo American, BMW Nov 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adevinta ASA, Anglo American, and BMW, on Wednesday. HIGHLIGHTS * Adevinta ASA ADEA.OL : Jefferies cuts to hold from buy * Anglo American AAL.L : Berenberg cuts target price to 2200p from 2500p * Aviva Plc AV.L : Deutsche Bank cuts to hold from buy * BMW BMWG.DE : JP Morgan raises to overweight from neutral * Direct Line
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Gloomy businesses urge COP28 to act on carbon price, fossil fuel subsidies

Gloomy businesses urge COP28 to act on carbon price, fossil fuel subsidies More than 100 businesses call for end to fossil fuel subsidies Expectations for some are low given geopolitical tension Companies say need progress on global carbon price By Simon Jessop and Tommy Wilkes LONDON, Nov 28 (Reuters) - Businesses say more ambitious policies are needed urgently to drive the transition to clean energy, including an end to fossil fuel subsidies and agreement on a global carbon price, as climate t
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