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FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

EU to trim proposed tariffs on Tesla, other EVs from China

Revisions reportedly made to EU's EV tariffs after companies supply new information, with Tesla rate dropping to just 8%.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyIndustryInfrastructureNewsPoliticsTrade

Nippon Steel rebuts US Committee on Foreign Investment’s case against its US Steel bid

Nippon Steel defends its $14.9 billion bid for U.S. Steel, arguing U.S. politics, not security, drive opposition to the deal.

FILE PHOTO: Electricity transmission towers are seen in the Nevada desert near the Copper Mountain Solar Project, in Boulder City, Nevada March 21, 2012. REUTERS/Jason Reed/File Photo
EconomyElectricityNewsPoliticsTransmissionUtilities

US approves major power transmission project in Nevada

The transmission line in Nevada will run hundreds of miles along the state's border with California and will provide power to five million...

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveElectric Vehicles (EVs)LabourManufacturingNews

Canada’s Unifor, GM start contract talks for CAMI assembly plant

General Motors and Unifor Local 88 begin talks for a new contract for 1,300 CAMI plant workers, with a strike looming.

FILE PHOTO: A chimney of a steel factory emits smoke in Tangshan in China's Hebei Province November 3, 2015. Picture taken November 3, 2015.         REUTERS/Kim Kyung-Hoon/File Photo
ClimateEmissionsEmissions MarketsIndustryManufacturingNewsPolitics

China to include steel, cement and aluminium in its carbon market

Plan to include new sectors in China's carbon markets will see emissions trading cover 60% of the country's total greenhouse gas production.

FILE PHOTO: Flue gas and steam rise out of chimneys and smokestacks of an oil refinery during sunset on a frosty day in the Siberian city of Omsk, Russia, February 8, 2023. REUTERS/Alexey Malgavko/File Photo
BusinessNewsOil

Morgan Stanley cuts Brent forecast as market signals demand softness

Brent crude oil forecast cut as global market faces a period of demand weakness, says bank.

FILE PHOTO: Gas bubbles from the Nord Stream 2 leak reaching surface of the Baltic Sea in the area shows disturbance of well over one kilometre diameter near Bornholm, Denmark, September 27, 2022.  Danish Defence Command/Handout via REUTERS/File Photo
FuelNatural GasNewsPolitics

Kremlin says Germany is right to investigate Nord Stream blasts

Russia approves as Oalf Scholz announces thorough investigation into Nord Stream explosion.

FILE PHOTO: Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Chinese car sales fall for fifth straight month

Subsidies for petrol-powered vehicles help boost EVs in China car sales even as overall picture continues slump.

Volkswagen Chief Executive Officer Oliver Blume speaks at a Volkswagen media event in Beijing, China April 24, 2024. REUTERS/Josh Arslan/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Volkswagen’s CEO says European market shrinking amid tougher competition

Volkswagen's CEO says change is needed because the European market is shrinking while competition is increasing.

A Renault logo is pictured in Brussels, Belgium March 4, 2024. REUTERS/Yves Herman/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Renault CEO says sector could face billions in fines as EV sales slow

Europe's auto industry could face fines of 15bn euros for carbon emission due to slowing demand for EVs, Renault CEO Luca de Meo...

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