Tuesday, 21 January 2025

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A firefighter works at the site of residential buildings hit by a Russian drone strike, amid Russia's attack on Ukraine, in Kharkiv, Ukraine December 25, 2024. REUTERS/Sofiia Gatilova
BusinessEconomyElectricityInfrastructureNewsPoliticsTransmissionUtilities

Russia attacks Ukraine energy system in major missile strike, Kyiv says

On Christmas Day, Russia launched a massive missile and drone assault on Ukraine's energy infrastructure, injuring six and killing one.

The logo of Nippon Steel Corporation is displayed at the company headquarters in Tokyo,  Japan in this photo taken by Kyodo May 1, 2019.  Mandatory credit Kyodo/via REUTERS/File Photo
BusinessEconomyIndustryInfrastructureNewsPolitics

Japan’s Nippon Steel extends closing date for U.S. Steel acquisition

Nippon Steel extended its $15 billion U.S. Steel acquisition closing to Q1 2025, awaiting President Biden's decision amid skepticism.

A man mops a floor near a Toyota FT-3e during the Indonesia International Auto Show in Tangerang, Indonesia, July 18, 2024. REUTERS/Ajeng Dinar Ulfiana/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Toyota global production down for 10th month despite rising sales

Toyota's global production fell 6.2 per cent in November, marking a 10th month of decline, despite a 1.7 per cent rise in worldwide...

Remnants of a bathroom that fell off the wharf are visible at the mouth of the San Lorenzo River in Santa Cruz, Calif., Tuesday, Dec. 24, 2024. (AP Photo/Nic Coury)
ClimateNewsWeather

Hurricane-force winds bear down on California, latest in stretch of extreme weather

California faces record flooding, tornado warnings, and wildfires, underscoring its vulnerability to extreme weather events.

People clean the debris around the destroyed houses in the aftermath of Cyclone Chido, in Mamoudzou, Mayotte, France December 20, 2024. REUTERS/Gonzalo Fuentes
ClimateNewsWeather

French officials raise Mayotte death toll to 39 after Storm Chido

French officials raised the death toll in Mayotte to 39 from 35, about 10 days after the islands were battered by a devastating...

The Lilium Jet has yet to make a manned test flight (AFP)
AviationBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Investors swoop in to save German flying taxi startup Lilium

A German flying taxi startup was Tuesday saved from collapse after a consortium of investors swooped in at the 11th hour to take...

FILE PHOTO: Chimneys of a coal-fired power plant are pictured in New Delhi, India, July 20, 2017. Picture taken July 20, 2017. REUTERS/Adnan Abidi/File Photo
CoalEmissionsNewsPoliticsRegulations

India reviews $30 billion sulphur-cutting programme for coal plants

India is reviewing a decade-old $30 billion programme requiring coal-fired power plants to install equipment to cut sulphur emissions.

FILE PHOTO: A factory area is seen in front of Mount Fuji in Yokohama, Japan, January 16, 2017. Picture taken on January 16, 2017.  REUTERS/Kim Kyung-Hoon/File Photo
ClimateEmissionsNewsPolitics

Japan aims to cut greenhouse gas emissions 60% by 2035 vs 2013 levels

The proposed target sparked calls for deeper cuts from environmentalists and politicians, who argue it is insufficient for the world's fifth-biggest emitter.

Nippon Steel has urged US President Joe Biden to allow its takeover of US Steel to go through after a regulatory panel failed to reach a consensus (AFP)
BusinessEconomyIndustryInfrastructureNewsPolitics

US panel could not reach consensus on US-Japan steel deal: Nippon

The deadlock means the controversial $14.9 billion transaction will now be referred to President Joe Biden, who is legally required to act within...

FILE PHOTO: The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris, France, March 19, 2024. REUTERS/Gonzalo Fuentes/File photo
AutomotiveBusinessClimateEconomyElectric Vehicles (EVs)EmissionsEnvironmentIndustryManufacturingNewsRegulations

Stellantis unit to pay $4.2 million to resolve California emissions probe

Stellantis unit FCA US agreed to pay $4.2 million to resolve a California investigation into excess emissions, the state said on Monday.

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