Monday, 24 February 2025

Focus on Business

FILE PHOTO: A staff member works on an assembly line manufacturing Geely's GX6 cars, at the Geely's plant in Chengdu, Sichuan province, China April 13, 2023. REUTERS/Zoey Zhang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryNewsPoliticsTradeTransport

China warns carmakers of risks in building plants overseas, sources say

As EV makers plan global factories to beat import tariffs, China's commerce ministry advises against certain countries.

The Grangemouth refinery will close next year (PA)
BusinessFuelLabourNewsOil

Grangemouth refinery confirmed to close in first half of next year

Scotland's only oil refinery will shift to import-only, with closure of Grangemouth operations reducing staff just to 75.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

GM, Hyundai Motor to explore joint vehicle development projects

Shared vehicle development, supply chains and clean energy tech on the agenda in GM-Hyundai deal as both eye greater EV production.

AnalysisEconomyLabourNatural GasOilOpinionPolitics

Opinion: Oil and gas communities are a weak spot in America’s climate and economic policies

Noah Kaufman: The economies of oil- and gas-dependent towns face a unique threat from global efforts to address the risks of climate change,...

Darren Porter, a local fisherman and marine conservationist, walks around one of four shipping containers chained to the ocean floor at low tide in the Bay of Fundy off the coast of Walton, N.S. on Tuesday, September 10, 2024. The massive refuse was left behind in the Minas Basin when Occurrent Power, formerly BigMoon Power, filed for bankruptcy after failing to harness the powerful tides of the Bay of Fundy to generate electricity. THE CANADIAN PRESS/Darren Calabrese
BusinessClimateElectricityEnvironmentHydropowerNews

Tidal power junk: N.S. village wants moorings moved from fishing area

In the Bay of Fundy, tidal power debris left behind by bankrupt Occurrent Power leaves locals fearing for fishers.

FILE PHOTO: A chimney of a steel factory emits smoke in Tangshan in China's Hebei Province November 3, 2015. Picture taken November 3, 2015. REUTERS/Kim Kyung-Hoon/File Photo
BusinessClimateEconomyEmissionsEmissions MarketsNewsPolitics

Factbox: What’s China’s carbon market and how does it work?

By Amy Lv and David Stanway BEIJING/SINGAPORE (Reuters) – China is seeking public feedback on a plan to include cement, steel and aluminium...

FILE PHOTO: An Audi electric vehicle is being charged in a charging station in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Global EV sales up 20% in August despite 19-month low in Europe, Rho Motion says

Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 20% in August, driven by record high sales in China.

New mail delivery vehicles are charging at a station at a post office on Thursday, Sept. 5, 2024, in Athens Ga. (AP Photo/Ron Harris)
BusinessElectric Vehicles (EVs)NewsTransport

USPS’ new mail truck makes its debut – with majority set to be electric

After public pressure and a government deal, EV postal trucks will eventually make up the majority as the new models start to replace...

The Bay Street financial district of Toronto is shown on Sunday Set. 8, 2024. A new report says the proportion of Canadian business leaders who worry about climate change rose dramatically this year. THE CANADIAN PRESS/Doug Ives
BusinessClimateEconomyEmissionsEnvironmentIndustryNewsReportsResiliencyWeather

Canadian CEOs worry about climate change ‘all or most of the time’: survey

Canadian business leaders' climate concerns surge, with 85% now worried, up from 59% last year, Deloitte survey finds.

FILE PHOTO: A staff member cleans the Geely Galaxy E8 electric vehicle at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

China’s Geely scouting locations for Europe plant

Geely is exploring locations for a potential EV plant in Europe but hasn't fully committed, with talks ongoing in Poland.

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