Focus on Business
US to ban smart cars containing Chinese tech
The restriction also bans the import of the hardware and software if they are linked to Beijing or Moscow.
Volkswagen deliveries fall in 2024 as electric push slows
The 10-brand group, which includes Audi, Porsche and Lamborghini, sold 9.03 million vehicles last year, down 2.3 per cent from 2023.
IFC says world must urgently streamline green bond ‘taxonomies’
World Bank calls for unified green bond definitions to secure funds for the green transition, amid concerns over US policy shifts.
US aluminium premium shows market sanguine over threat of Trump tariffs on Canada
Despite Trump's tariff threats on Canadian aluminium, U.S. prices show only a modest rise, reflecting market skepticism.
Peru’s niche Bretaña crude oil gains popularity in US
The U.S. Gulf Coast receives its first Bretaña oil cargo this month as refiners seek alternatives to declining Mexican heavy crude.
Central Europe’s banks can withstand car sector turmoil, S&P says
European automakers have announced plant closures and layoffs amid weak demand, high costs, and a slow EV transition.
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.
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite: Reuters poll
China faces trade tensions with the U.S. as Trump, proposing tariffs on Chinese goods, returns to the White House.
Oil shipping rates surge after US sanctions hit availability
Supertanker freight rates soared after U.S. sanctions on Russia, prompting traders to rush to book vessels from elsewhere.
