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FILE PHOTO: A view shows pipelines at a gas processing facility, operated by Gazprom company, at Bovanenkovo gas field on the Arctic Yamal peninsula, Russia May 21, 2019. Picture taken May 21, 2019. REUTERS/Maxim Shemetov/File Photo
AnalysisOilPoliticsTrade

Analysis: Russia’s Arctic oil feels the chill from US sanctions

US sanctions disrupt Russia's Arctic oil, stranding supplies and impacting global markets.

FILE PHOTO: The brand logo of Nissan Motor Corp. is displayed at Nissan Pavilion in Yokohama, south of Tokyo, Japan July 14, 2020. Picture taken July 14, 2020.  REUTERS/Issei Kato/File Photo
AutomotiveBusinessNewsTradeTransport

S&P lowers Nissan’s outlook to negative, affirms BB+ ratings

This follows Nissan's boost of incentives to cut high inventories amid slowing North American car sales.

FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo
BusinessNewsOilPoliticsTrade

Six EU countries call for lowering of G7 price cap on Russian oil

EU nations urge lowering the $60 Russian oil cap to cut war funds, aiming for peace without market shock.

Burnt cars are seen, as the Eaton Fire continues, in Altadena, California, U.S. January 13, 2025. REUTERS/Shannon Stapleton
BusinessClimateCourtsElectricityEnvironmentNewsResiliencyUtilitiesWeather

Edison utility sued over role of equipment in LA wildfires, Bloomberg News reports

Edison International faces a lawsuit over California wildfires, alleged to be sparked by its equipment, shares drop 13 per cent.

FILE PHOTO: An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

Russian rouble slips as oil price and forex action limit sanctions impact

Rouble weakens as U.S. sanctions target Russian oil firms, while rising oil prices and yuan forex sales offer support.

FILE PHOTO: Greenland's flag flies in Igaliku settlement, Greenland, July 5, 2024. Ritzau Scanpix/Ida Marie Odgaard via REUTERS/File Photo
BusinessCritical MineralsEconomyMiningNewsPoliticsRegulationsTrade

The mineral map of Greenland: Strategic riches amid environmental challenges

Trump renews interest in Greenland, a mineral-rich Arctic hub with rare earths, graphite, and untapped resources.

FILE PHOTO: A view of a lithium mine in Yichun, Jiangxi province, China March 30, 2023. REUTERS/Staff/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)MiningNewsTrade

Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say

Lithium prices to stabilize by 2025 as closures and China EV demand absorb oversupply, but reopened mines may cap gains.

FILE PHOTO: The Druzhba oil pipeline between Hungary and Russia is pictured at the Hungarian MOL Group's Danube Refinery in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo//File Photo
BusinessElectionsFuelNatural GasNewsOilTrade

Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia

Hungary will talk with allies to address higher oil prices due to new US sanctions on Russia's energy sector.

FILE PHOTO: The logos of Nippon Steel Corp. are displayed at the company headquarters in Tokyo, Japan March 18, 2019. Picture taken March 18, 2019.  REUTERS/Yuka Obayashi/File Photo
EconomyIndustryInfrastructureNewsPolitics

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say

Biden delays enforcing Nippon Steel’s $14.9B U.S. Steel sale block, pending courts review legal challenge over national security.

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