Monday, 24 February 2025

Focus on Business

Brookfield Renewable logo is shown in a handout. The company and its institutional partners have signed an agreement to sell its Saeta Yield renewable energy business in Europe to the UAE's Masdar in a deal valued at US$1.4 billion. THE CANADIAN PRESS/HO
BusinessElectricityFinanceInfrastructureNewsSolarUtilities

Brookfield sells Saeta renewable power business to Masdar for US$1.4B

TORONTO — Brookfield Renewable and its institutional partners have signed an agreement to sell its Saeta Yield renewable energy business in Europe to...

FILE PHOTO: A view shows the logo of Amazon at the Amazon Fulfillment Center in Tepotzotlan, Mexico, December 13, 2023. REUTERS/Gustavo Graf/File Photo
BusinessClimateEmissions MarketsEnvironmentFinanceNews

Firms including Amazon to buy $180 million in carbon credits from namesake rainforest

By Jake Spring SAO PAULO (Reuters) -Amazon and other companies have agreed to buy carbon offset credits that will support the conservation of...

FILE PHOTO: The Three Mile Island Nuclear power plant is pictured from Royalton, Pennsylvania, U.S. May 30, 2017.   REUTERS/Carlo Allegri/File Photo
AnalysisBusinessElectricityIn-DepthNuclear PowerRegulations

Analysis: US nuclear plants won’t power up Big Tech’s AI ambitions right away

Big tech firms should be wary of seeing nuclear as a quick fix to power problems, as regulatory hurdles and technical challenges loom...

FILE PHOTO: A view shows model TO3 of Leapmotor, a Chinese automobile manufacturer, displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s Leapmotor and Stellantis open orders in Europe for budget EVs

MILAN (Reuters) -China’s Leapmotor is set to start taking orders in Europe for a city car and an SUV, the automaker and its...

Printed Chinese and Canada flags are seen in this illustration, July 21, 2022. REUTERS/Dado Ruvic/Illustration REFILE - CORRECTING YEAR
BusinessCritical MineralsMiningNews

Miner backed by Canada’s Saskatchewan vows to compete with China in rare earths

Saskatchewan aims to rival China in rare earth metals, producing 400 tonnes yearly for EVs, staying price-competitive.

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

FTC set to greenlight Chevron’s $53 billion buy of oil rival Hess: sources

The FTC is set to approve Chevron's $53 billion Hess acquisition, with Exxon’s challenge on Guyana assets as the final hurdle.

FILE PHOTO: A worker climbs up to the next level of Chevron's Petronius oil platform, located 100 miles (161 km) off the coast of New Orleans, in the Gulf of Mexico June 3, 2008. REUTERS/Jessica Rinaldi/File photo
BusinessClimateNewsOilWeather

Oil firms evacuating US Gulf of Mexico staff as hurricane threat rises

U.S. oil firms evacuate Gulf of Mexico platforms as a potential major hurricane threatens offshore production.

FILE PHOTO: A drone view shows solar panels at a photovoltaic park in Sevremoine near Cholet, France, March 25, 2024. REUTERS/Stephane Mahe/File Photo
BusinessFinanceNewsPoliticsUnited Nations

Companies ask world leaders at UN to follow through on renewables targets

Executives urge world leaders to triple renewable energy by 2030, reinforcing climate goals at U.N. Climate Week.

rbonRun chief technology officer Eddie Halfyard is shown inside the Nova Scotia Salmon Association's river restoration project in the West River in Sheet Harbour, N.S., in a handout photo. A Nova Scotia company says it will receive $25.4 million for projects that reduce greenhouse gas emissions through a technology that adds crushed limestone to river water. THE CANADIAN PRESS/HO-CarbonRun **MANDATORY CREDIT**
BusinessCarbon ManagementEmissionsNews

Nova Scotia firm CarbonRun lands US$25 million to capture carbon

CarbonRun expects US$25.4M for river-liming projects in Canada and Scandinavia to reduce CO2 and improve salmon habitats.

FILE PHOTO: Toyota's logo is seen in their exhibition stall at Bharat Mobility Global Expo organised by India's commerce ministry at Pragati Maidan in New Delhi, India, February 1, 2024. REUTERS/Anushree Fadnavis/File Photo
AutomotiveBusinessCourtsElectric Vehicles (EVs)EmissionsEmissions MarketsManufacturingNews

Toyota cheated on forklift engine emissions, lawsuit in US claims

Toyota faces a U.S. class action lawsuit accusing the automaker of emissions cheating in nine engines for its forklift trucks.

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