Canada’s oil sands producers form alliance to achieve net-zero emissions by 2050

Canadian oil sands producers said on Wednesday they would form an alliance to achieve net-zero greenhouse gas emissions from their operations by 2050, as the cash-rich firms come under pressure to meet the country’s goal on energy transition. Oil sands producers, which extract some of the world’s most carbon-intense crude, face investor pressure to reduce […]

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SoftBank-backed DoorDash enters Japan

U.S. food delivery firm DoorDash Inc (DASH.N), which is backed by SoftBank Group Corp (9984.T), announced the launch of services in Japan on Wednesday, joining an increasingly crowded market that has grown during the COVID-19 pandemic. Services will be initially limited to the city of Sendai in Miyagi prefecture, the money losing delivery firm told […]

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Market power of Siri, Alexa, Google a concern, EU regulators say

The market dominance of Amazon’s (AMZN.O) Alexa, Apple’s (AAPL.O) Siri and Alphabet’s (GOOGL.O) Google Assistant has triggered concerns of potential anti-competitive practices, EU antitrust regulators said on Wednesday. The comments from the European Commission come after a year-long inquiry into voice assistants and other internet-connected devices and responses from more than 200 companies. Similar inquiries […]

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