Focus on Business
China torments and titillates seaborne coal market
For coal exporters, China is both saviour and tormentor, as record imports come with plummeting seaborne prices.
Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports
Will the EU shun Russian gas by 2027, or could peace spark a U-turn, reshaping Russia’s gas export strategy?
Ottawa pauses EV rebates as federal program runs out of money
Ottawa has paused an incentive program that offered Canadians rebates of up to $5,000 when buying or leasing electric vehicles.
Edison utility sued over role of equipment in LA wildfires, Bloomberg News reports
Edison International faces a lawsuit over California wildfires, alleged to be sparked by its equipment, shares drop 13 per cent.
Investor climate group Net-Zero Asset Managers suspends activities after BlackRock exit
BlackRock exits Net-Zero Asset Managers initiative amid U.S. political backlash, prompting coalition to suspend activities.
Column: LME puts 2022 nickel crisis behind it as trading booms
The LME has rebounded from its 2022 nickel crisis, with record trading volumes in 2024 driven by renewed investor interest.
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing sources.
Dozens of oil tankers drop anchor after latest US sanctions bite
US sanctions on Russian oil spark a halt in tanker trade, with 65 vessels anchored near China, Russia, and Singapore.
