Reuters
Indonesia can reach net zero emissions before 2050, president says
Indonesia aims for net zero by 2050, retiring fossil fuels in 15 years and building 75 GW of renewables, says President Prabowo.
Chinese EV maker XPeng to break even later in 2025, president says
Chinese EV maker Xpeng enters 'super cycle,' driven by strong demand and overseas expansion.
As COP29 eyes $1 trillion climate fund, some see new taxes as one way to get there
COP29 leaders eye $1T+ yearly for climate aid, exploring taxes on shipping, aviation, fossil fuels, crypto, and wealth to fund efforts.
Sweden has no plans to take stake in Northvolt, deputy PM says
Sweden won't invest in cash-strapped Northvolt, says Minister Ebba Busch, despite its strategic value in the EU's industrial competition.
Beyond B-loans? Development banks seek private money for climate change fight
An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
Chinese EV maker XPeng forecasts strong Q4 revenue, beating Wall Street estimates.
Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal
Nippon is looking to close its $14.9 billion deal for U.S. Steel by the end of the year before President-elect Trump enters the...
Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth
Chipmaker Wolfspeed ousts CEO Gregg Lowe amid EV demand slowdown; shares rise six per cent as company plans layoffs and factory closure.
Stellantis CEO says will adapt to U.S. market under Trump
Stellantis CEO Tavares says firm will adapt to potential Trump policy shifts, offering U.S. models in electric, hybrid, and gas options.
Biden to announce ‘historic’ pledge to World Bank fund for poorest countries, advisor says
Biden to announce historic pledge to replenish the World Bank’s fund for the world’s poorest countries.
