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Corporate America Rewrites Its Giving Playbook as Philanthropic Priorities Shift

Corporate America Rewrites Its Giving Playbook as Philanthropic Priorities Shift

Major U.S. companies are reassessing where they direct their philanthropic investments, with new research suggesting many expect to place greater emphasis on food security, housing, affordability and digital inclusion while reducing attention to some equality- and justice-related initiatives. The findings point to a reordering of corporate philanthropic priorities rather than

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Iberdrola Expands Nordic Grid Strategy With $5.8 Billion Acquisition of Finland's Largest Power Network

Iberdrola Expands Nordic Grid Strategy With $5.8B Acquisition of Finland’s Largest Power Network

BILBAO, Spain — Spanish energy company Iberdrola has agreed to acquire an 80% stake in Caruna, Finland’s largest electricity distribution company, in a transaction valuing the business at approximately $5.8 billion, including debt. The acquisition marks one of the company’s largest recent investments in regulated electricity networks as utilities across

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Wind and Solar

China Sets Binding Target to Boost Wind and Solar Generation 53% by 2030

Beijing’s first binding renewable generation goal shifts the focus from building clean energy capacity to delivering more renewable electricity—and strengthening the grid’s ability to rely on it. China has announced a legally binding national target to increase electricity generation from wind and solar by 53% by 2030, marking the country’s

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A Nuclear Deal With Global Consequences: Inside the New U.S.-Saudi Partnership

A Nuclear Deal With Global Consequences: Inside the New U.S.-Saudi Partnership

A landmark civil nuclear agreement could reshape energy cooperation, nonproliferation policy and Middle East diplomacy—but key questions over enrichment, oversight and regional security remain unresolved. The United States and Saudi Arabia have signed a landmark civil nuclear cooperation agreement intended to place American companies at the center of the Kingdom’s

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U.S. and China Find Rare Common Ground on Open-Source AI

U.S. and China Find Rare Common Ground on Open-Source AI

CHENGDU, China — Amid intensifying competition over artificial intelligence, the United States and China have found an unexpected area of agreement. Alongside the 19 other member economies of the Asia-Pacific Economic Cooperation (APEC) forum, both countries endorsed a ministerial statement recognizing the value of “trusted open-source approaches” to AI development—a

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Bangladesh President Resigns Amid Ongoing Political Transition

Bangladesh President Resigns Amid Ongoing Political Transition

DHAKA — Bangladesh President Mohammed Shahabuddin resigned Friday, citing serious health concerns, ending his tenure during the country’s continuing political transition following the 2024 uprising that removed former Prime Minister Sheikh Hasina from power. Mohammed Shahabuddin, 76, said he had been diagnosed with autonomic neuropathy, a neurological condition that can

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