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Rolls Royce and Shell set to tackle climate together

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British engineering company Rolls-Royce is set to team up with oil company Shell in a major sustainability move

The two companies are set to work on the development of sustainable aviation fuel known as SAF in line with both their plans for net-zero emissions by 2050.

The pair signed a memorandum of understanding this week, which Rolls-Royce confirmed would help with plans to certify 100% SAF for use in planes.

In the aviation sector which is Rolls-Royce’s biggest business plans to make all of its commercial engines compatible to run on 100% SAF, which produces up to 70% less carbon than conventional fuel, by 2023.

The challenge for SAFs is that there is a shortage of supply, which the Shell partnership could help address.

Rolls-Royce Chief Technology Officer Paul Stein said in a statement that both companies wanted to decarbonise flying.

“We believe that working together on these aims can deliver benefits for both the development of new innovations as well as collaborating to find ways to unlock the net carbon emissions reduction potential of technology that is already in use today,”

Rolls-Royce engines are renowned for powering the A380 superjumbo, among other aircraft models such as the Boeing 787 Dreamliner.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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