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Great Britain faces millions in backup electricity costs as a near-total solar eclipse Wednesday is expected to eliminate solar power generation during peak evening demand.
Telstra CEO Vicki Brady received a $6.8m pay package for the year ending in June, including a $700,000 raise, despite the company cutting her bonus by 20% following a nationwide network outage in July.
Australia’s largest aluminium smelter will transition to renewable energy by 2033 under a $2.5bn government subsidy deal with Rio Tinto, securing nearly 3,000 jobs in the Hunter region.
UK economic growth slowed to 0.4% in the second quarter as Middle East conflict drove up energy prices, though the economy proved more resilient than anticipated.
American Airlines will stop offering complimentary business class upgrades to elite frequent flyers on certain long-haul domestic routes, redirecting them to premium economy instead starting Aug. 25.
Prime Minister Andy Burnham announced plans to ban misleading discount practices and strengthen subscription protections, measures expected to save consumers approximately £400 million annually.
