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Prime Minister Sir Keir Starmer is visiting Norway to announce plans for a green energy deal with the country (Leon Neal/PA)
Carbon ManagementEconomyInfrastructureNewsPoliticsTrade

UK, Norway sign joint agreement to enhance carbon capture

Keir Starmer and Norway's PM sign joint agreement to enhance carbon capture efforts, aiming for finalization in 2025.

Ford cars are displayed at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30, 2022. REUTERS/Athit Perawongmetha/File Photo
BusinessEconomyElectric Vehicles (EVs)FinanceIndustryManufacturingNewsSemiconductor

US finalizes $9.63 billion loan for Ford, SK On joint battery venture

The U.S. Energy Department finalized a $9.63 billion loan for Ford and SK On to build three battery plants in Kentucky and Tennessee.

FILE PHOTO: Workers clean Lamborghini cars on display at the Salon Prive, a three day automobile event which showcases both new and classic luxury and sports vehicles, at the Royal Chelsea Hospital in London, Britain, April 20, 2023. REUTERS/Toby Melville/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNews

Lamborghini delays first EV launch to 2029 as market not ready

Lamborghini plans to launch its first electric model in 2029, citing market readiness concerns, while Ferrari debuts its EV in 2025.

FILE PHOTO: A Tesla electric vehicle is plugged to a charger in a parking lot in Teia, north of Barcelona, Spain, October 31, 2023. REUTERS/Albert Gea/File Photo
AutomotiveBusinessClimateEconomyElectric Vehicles (EVs)EmissionsNatural GasNewsPoliticsRegulationsTrade

Trump transition team plans sweeping rollback of Biden EV, emissions policies

Trump's transition team proposes cutting EV support, imposing global tariffs on battery materials, and rolling back emissions standards.

FILE PHOTO: Employees of Volkswagen AG march for higher wages during a 'warning strike' of Germany's IG Metall metalworkers' union, in Osnabrueck, Germany, November 6, 2024. The placard reads, “Jobs for all VW sites - there has never been more fight than now”. REUTERS/Teresa Kroeger/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

VW union calls for compromise in last-ditch talks before Christmas

Volkswagen's works council demands no plant closures as negotiations with management resume, amid threats of future strikes.

Ontario Premier Doug Ford, centre, is swarmed by the media as they ask him about finance Minister Chrystia Freeland resigning from Prime Minister Justin Trudeau's cabinet during the fall meetings of Canada's premiers hosted by Ontario in Toronto, Monday, Dec. 16, 2024. THE CANADIAN PRESS/Nathan Denette
BusinessEconomyElectricityIndustryNatural GasNewsOilPoliticsRegulationsTradeTransport

Premiers united in fight against threatened tariffs despite ‘chaos’ in Ottawa: Ford

Canada's premiers are meeting in Toronto to address Trump's proposed 25 per cent tariffs, focusing on trade, border security, and healthcare.

FILE PHOTO: The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessIndustryInfrastructureNatural GasNews

BP, ADNOC’s XRG agree Egypt gas JV Arcius Energy

The joint venture, Arcius Energy, is 51 per cent owned by BP and 49 per cent owned by XRG and will operate in...

Army personnel work in the aftermath of Cyclone Chido, in Mayotte, France, December 16, 2024. Etat-major des armees/Handout via REUTERS
ClimateEnvironmentNewsWeather

Rescuers comb debris for survivors, count dead in cyclone-hit Mayotte

Cyclone Chido has devastated Mayotte, causing hundreds of deaths and extensive damage, prompting urgent relief efforts.

FILE PHOTO: Indian billionaire Gautam Adani attends the 51st Gems and Jewellery Awards in Jaipur, India, November 30, 2024. REUTERS/Stringer/File Photo
BusinessElectricityFinanceNewsRegulationsSolarWind

US case against India’s Gautam Adani appears strong but extradition unlikely, experts say

The U.S. Justice Department declined to comment on whether the United States had asked India to extradite Gautam Adani.

A study said the Government needs to take a fresh approach to curbing climate change (David Jones/PA)
Carbon ManagementClimateEmissionsEnvironmentNewsPoliticsRegulationsReports

UK researchers call for fresh policy approach on curbing climate change

A “holistic policy approach” is essential to curbing CO2 emissions and climate change, a study has said.

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