Wednesday, 22 January 2025

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FILE PHOTO: A Honda logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Nissan-Honda merger would not bring quick fixes, S&P says

A merger between Honda and Nissan may face delays in benefits as they align strategies, limiting immediate sales gains.

The Switch logo is pictured on a data center in Las Vegas, Nevada, U.S., October 6, 2017. REUTERS/Chris Wattie/File Photo
BusinessEfficiencyElectricityInfrastructureNewsNuclear PowerSmall Modular ReactorsTransmission

Sam Altman-backed Oklo signs power agreement with data center operator

Sam Altman-backed Oklo has signed a deal to provide 12 GW of nuclear power to Switch, supporting clean energy for data centers.

The new EPR nuclear reactor at Flamanville in  northwestern France will soon be delivering electricity to the grid (AFP)
BusinessElectricityNewsNuclear PowerUtilities

After long delay, French nuclear plant coming on stream

France's Flamanville nuclear reactor will start service on December 20, 2024, after 12 years of delays and rising costs.

Volunteers work to clean up spilled oil on the shoreline following an incident involving two tankers damaged in a storm in the Kerch Strait, during an emergency response operation in the Black Sea resort of Anapa, Russia, in this picture released December 18, 2024. Anapa Mayor's Office/Handout via REUTERS
BusinessClimateEmissionsEnvironmentFuelMaritimeNewsOilPoliticsRegulations

‘Oil is everywhere’: Russians tackle Black Sea spill

Around 4,000 volunteers have been cleaning beaches near the resort city of Anapa from the spill from two tankers damaged by a storm...

FILE PHOTO: LNG tanks are pictured at Tokyo Gas's LNG terminal in Sodegaura, Chiba Prefecture, Japan November 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo
BusinessClimateCoalEconomyEmissionsEnvironmentInfrastructureNatural GasNewsOilPoliticsRegulationsUnited NationsUtilities

Japan’s draft climate strategy spurs calls for bolder cuts in carbon emissions

Japan's draft plan targets a 60 per cent cut in emissions by 2035, but experts call for deeper reductions to meet climate goals.

National Grid has outlined ‘unprecedented’ plans to invest £35 billion (Gareth Fuller/PA)
BusinessEfficiencyElectricityInfrastructureNewsTransmissionUtilities

UK’s National Grid outlines ‘unprecedented’ £35bn investment plans

The plans also contribute to the group’s wider UK investment, which will support 55,000 more jobs by 2030, according to National Grid.

FILE PHOTO: VW employees attend an IG Metall union rally in front of Volkswagen headquarters, during a warning strike at the main factory of Germany's carmaker in Wolfsburg, December 9, 2024. Banner reads, "That's enough - We are ready to strike". Martin Meissner/Pool via REUTERS/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Marathon VW talks to resume in search for pre-Christmas deal with unions

Volkswagen and unions are in crunch talks over German operations cuts, aiming to avoid major strikes before Christmas.

FILE PHOTO: A view of a Tesla sign at its factory in Shanghai, China June 12, 2023. REUTERS/Aly Song/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Tesla’s China factory head Song Gang leaves company, letter to staff shows

Tesla's Shanghai plant manager Song Gang has left the company, according to a letter he sent to staff on Wednesday.

FILE PHOTO: An OPEC flag is seen on the day of OPEC+ meeting in Vienna  in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File Photo
BusinessEconomyNewsOilPoliticsTrade

OPEC+ wary of renewed US oil output rise under Trump, sources say

OPEC+ is concerned about rising U.S. oil output with Trump's return, fearing it will erode their market share and impact prices.

FILE PHOTO: A missile is launched during an exercise of the Islamic Revolutionary Guards Corps (IRGC) navy in the south of Iran, in this picture obtained on January 17, 2023. IRGC/WANA (West Asia News Agency)/Handout via REUTERS/File Photo
BusinessNewsOilPoliticsTrade

Iran’s Revolutionary Guards extend control over Tehran’s oil exports, sources say

Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports of Iranian oil.

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