Focus on Finance
Papua New Guinea, IMF reach staff-level deal to release $265 million for climate change
Papua New Guinea and IMF reach a $265M staff-level deal to boost climate resilience, pending executive board approval.
Canada’s Liberals won’t prorogue Parliament as impasse over green tech fund documents drags on
Deputy PM Freeland denies plans to prorogue Parliament amid Tory impasse over unredacted documents from a green tech fund.
More emissions accountability needed in Toronto’s financial sector: report
Toronto's financial sector vastly under-reports its emissions, a new study finds, urging the city to encourage stronger reductions.
EV firm Lucid beats Q3 deliveries estimate as price discounts boost demand
Lucid Group exceeded Q3 delivery estimates, driven by discounts and cheaper financing for its luxury EVs despite economic challenges.
US trade chief defends tariff hikes when paired with investment
US Trade Rep Katherine Tai defends tariffs on China, calling them a “constructive” tool to boost US industry ahead of elections.
European shares open flat, set for worst week in one month
European shares inched up, led by energy stocks as oil prices rose, but remain on track for their worst week since early September.
Climate Investment Funds eyes $1 billion to help green industries
Climate Investment Funds will invest up to $1 billion to decarbonize high-emission sectors like steel, cement, and chemicals in developing countries.
AI boom could spur large-scale investments in clean energy: experts
Market experts say the coming boom in artificial intelligence has the potential to spur large-scale investments in clean energy.
Ford reports weak US sales for third quarter
Ford reported weaker U.S. vehicle sales growth in Q3, causing shares to drop two per cent, reflecting ongoing buyer affordability concerns.
Tesla misses estimates for Q3 deliveries on stiff competition
Tesla missed third-quarter delivery expectations, reporting 462,890 vehicles, amid rising competition from China and Europe.
