Monday, 24 February 2025

Focus on Business

NDP Leader Jagmeet Singh speaks to the media at the party's caucus retreat, Wednesday, Sept. 11, 2024 in Montreal. Singh won't say whether he would keep the consumer carbon price if his party forms government at the next election. THE CANADIAN PRESS/Ryan Remiorz
ClimateEmissions MarketsNewsPolitics

NDP caving to Poilievre on carbon price, has no idea how to fight climate change: Trudeau

Trudeau criticizes the NDP for wavering on carbon pricing, claiming they lack a clear climate plan under pressure from Conservative Leader Poilievre.

An energy firm based in Ireland says it is planning to produce sustainable aviation fuel at the site where a liquefied natural gas project had been proposed on Nova Scotia's eastern shore. Nova Scotia's provincial flag flies in Ottawa, Friday July 3, 2020. THE CANADIAN PRESS/Adrian Wyld
AviationBiofuelsBusinessIndustryNewsSustainable Aviation Fuel

Irish company planning to produce sustainable aviation fuel in Nova Scotia at former LNG site

Simply Blue Group plans to build a biofuel plant in Goldboro, N.S., using 700,000 tonnes of wood biomass annually to produce sustainable aviation...

Aeral view of Siderurgica Huachipato, in Talcahuano, Bio Bio region, taken on September 11, 2024. Huachipato, Chile's largest steelmaker, will shut down its furnace on September 16, 2024, the end of a 74-year-old company with strong social roots that succumbed to ‘unfair’ competition from Chinese steel. (AFP)
AnalysisBusinessEconomyIndustryInfrastructureLabourNewsTrade

Chile’s biggest steelworks sunk by cheap Chinese imports

Chile's Huachipato steel mill, an economic and cultural hub for Talcahuano, is closing after 74 years, driven out by cheaper Chinese imports, costing...

FILE PHOTO: A drone view shows domes of the Central Mosque with the backdrop of the Tien Shan Mountains in Almaty, Kazakhstan, April 7, 2024. REUTERS/Pavel Mikheyev/File Photo
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)In-DepthIndustryManufacturingMineralsMiningTrade

Metals-rich Kazakhstan seeks niche in battery supply chain

The former Soviet republic, Kazakhstan, promotes itself as a dependable supplier of the majority of critical materials outlined by the EU.

The First Minister chaired a meeting of unions and the workforce (Michael Boyd/PA)
BusinessFuelNewsOilPolitics

Grangemouth owners urged to reconsider refinery closure

Petroineos announced it would shutter the refinery in the second quarter of next year as it looks to move to become an import...

NGOs accuse richer nations of blocking attempts to reach a solution on climate finance (AFP)
BusinessClimateFinanceNewsPolitics

Climate finance talks make little progress before UN summit

International negotiations on money to help developing countries tackle climate change concluded without a breakthrough this week.

Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNews

China’s BYD ramps up hiring as Beijing prioritises employment

BYD has increased its workforce to more than 900,000 people, making the Chinese EV giant one of the largest employers in the country.

FILE PHOTO: Spain's Prime Minister Pedro Sanchez and China's President Xi Jinping meet at Diaoyutai State Guesthouse in Beijing, China, September 9, 2024. Borja Puig de la Bellacasa/Moncloa Palace/Handout via REUTERS/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)PoliticsReportsTrade

China’s carrot-and-stick with EU trading partners start to pay off

By Mei Mei Chu, Joe Cash and Ellen Zhang BEIJING (Reuters) -Beijing, as a vote on EU duties on China-made electric vehicles looms,...

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyIndustryInfrastructureNewsPolitics

Nippon Steel, US Steel send letter to Biden on merger plans

Nippon Steel and U.S. Steel sent a letter to President Biden defending their planned $15 billion merger amid potential blockage.

FILE- Boats cruise near barges fully loaded with coal on the Mahakam river in Samarinda, East Kalimantan, Indonesia, on Dec. 19, 2022. (AP Photo/Dita Alangkara, File)
AnalysisBusinessEconomyElectricitySolarWind

Are Indonesia and Vietnam’s multibillion-dollar clean energy deals stuck? Experts say not yet

Indonesia and Vietnam's energy deals to shift from coal to renewables face delays, but policy progress is underway.

Login into your Account

Please login to like, dislike or bookmark this article.