Monday, 24 February 2025

Focus on Business

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump gestures as he speaks at a campaign event in Asheville, North Carolina, U.S. August 14, 2024. REUTERS/Jonathan Drake/File Photo
BusinessElectionsElectric Vehicles (EVs)FinanceIndustryManufacturingNewsPolitics

Trump says he’ll consider scrapping ‘ridiculous’ EV tax credit

Tax credits and incentives are not generally a very good thing, Trump said, adding he would tap Elon Musk for a cabinet or...

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump gestures as he holds a campaign rally in Wilkes-Barre, Pennsylvania, U.S. August 17, 2024. REUTERS/Jeenah Moon/File Photo
BusinessEconomyElectionsIndustryManufacturingNewsPoliticsTrade

Trump pledges to end pollution rule, block steel merger

Trump will reiterate he would block Nippon Steel's planned purchase of U.S. Steel and move to rescind Biden's power plant pollution rules.

FILE PHOTO: A Stellantis sign is seen outside its headquarters in Auburn Hills, Michigan, U.S., June 10, 2021.   REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryLabourManufacturingNews

UAW workers at Stellantis could strike over Illinois plant reopening

Several UAW locals at Stellantis plan grievances, claiming the automaker breached investment commitments, potentially leading to a strike.

FILE PHOTO: Raw copper from Zambia awaits export in a warehouse at Newlyn Terminal at Bayhead at the port in Durban, South Africa, April 4, 2024. REUTERS/Rogan Ward/File Photo
BusinessCritical MineralsFinanceMineralsNewsPoliticsTrade

Physical buyers win battle for copper market as funds retreat

Investors fleeing the copper market likely to be sidelined, leaving the field clear for physical players who expect slowing demand to weigh on...

FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier
BusinessFuelInfrastructureLabourNewsOilRailTransmissionTransport

Oil pipeline capacity to spare Canadian exports from looming rail dispute

Canadian rail labor dispute would be unlikely to significantly reduce oil exports to the US due to excess capacity on Trans Mountain pipeline

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration
BusinessEconomyFinanceFuelNewsPoliticsTrade

Hedge funds sell planes, trains, automobiles; buy energy stocks, says Goldman

Hedge funds bought oil, gas and fuels for the fourth straight week, speculators now hold highest proportion of energy stocks this year

FILE PHOTO: Workers from BHP's Escondida copper mine, camp close to 'Coloso' port owned by the copper company, strike in Antofagasta, Chile August 15, 2024. REUTERS/Cristian Rudolffi/File Photo
BusinessCritical MineralsLabourMineralsMiningNewsPoliticsTrade

Union at BHP’s Escondida copper mine in Chile signs new deal, ending risk of strike

The union at BHP's Escondida copper mine in Chile signed a deal on Sunday, ending a strike that could have threatened global copper...

AnalysisBusinessClimateCoalEmissionsLiquefied Natural GasLiquefied Petroleum GasNatural GasOilPoliticsReportsTrade

Investment treaties are stalling energy transition — but this can be fixed

Investment treaties with investor-state dispute settlement provisions shield fossil fuel investments, hindering global energy transition efforts: E3G

An attendee takes photos of the Chinese electric vehicle BYD models on display, during an event to announce the plans to open a car production plant in Pakistan, in Lahore, Pakistan August 17, 2024. REUTERS/Stringer
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturingNews

China’s BYD plans car plant in Karachi as part of Pakistan entry

BYD is the first major new electric vehicle entrant in the Pakistani market, where there is a lack of charging infrastructure.

Ramzan Kadyrov on a Tesla Cybertruck with a machinegun, Grozny. Telegram channel of Ramzan Kadyrov/RKadyrov_95 via REUTERS
BusinessElectric Vehicles (EVs)NewsPolitics

Russia’s Kadyrov equips Tesla truck with machine gun for war

Weaponised Tesla unveiled by leader of Chechnya, who praises Elon Musk as "strongest genius of modern times".

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