Thursday, 13 February 2025

Focus on Business

FILE PHOTO: An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/File Photo
BusinessEconomyFinanceNewsOilPoliticsTrade

Oil prices tick down on worries about Chinese demand

The market is eyeing the slower Chinese economy and whether the US Federal Reserve is set to cut interest rates.

FILE PHOTO: An aerial view shows a deforested plot of Brazil's Amazon rainforest near Humaita, Amazonas state, Brazil, August 3, 2023. REUTERS/Leonardo Benassatto/File Photo
BiodiversityBusinessClimateEnvironmentNewsPolitics

Trillion-dollar group urges government action to stop nature loss

Global companies, including Unilever and Danone, urge governments for stricter policies to meet UN biodiversity goals amid threats to ecosystems and species, highlighting...

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

GM not reiterating 2025 1 million EV production capacity forecast

GM won't reiterate its goal of 1 million EVs in North America by 2025, citing market conditions, and will instead build to meet...

AnalysisEconomyLabourNatural GasOilOpinionPolitics

Opinion: Saskatchewan’s new oil and gas high school courses are out of step with global climate action

Opinion: Instead of training high school students for an industry that the world is transitioning away from, we need education on energy alternatives...

AnalysisBuildingsBusinessEfficiencyFinanceReportsResiliency

Green loans for green buildings: guidelines for sustainable finance in the real estate sector

The variety of classifications and certifications for what makes a "green building" around the world has been a barrier to accessing sustainable financing...

Trucks with gas cylinders and a gasoline tank truck are seen next petrol plant of Senkata outskirts of La Paz, Bolivia, November 23, 2019. REUTERS/David Mercado/file photo
BusinessFuelNatural GasNewsUtilities

Bolivia govt announces natural gas “mega field” in biggest discovery since 2005

Bolivia announces a 1.7 TCF natural gas reserve discovery near La Paz, vital amidst declining production and fuel shortages, marking its largest find...

The Tenke Fungurume mine, one of the largest sources of copper and cobalt in the world, in southeastern Democratic Republic of Congo (AFP)
BusinessCritical MineralsEconomyFinanceMineralsNewsPolitics

Europe needs way to price critical minerals independently of China, group says

Weak prices are making it difficult for Western start-ups to compete with China.

FILE PHOTO: A worker of Sigma Lithium Corp SGML.V takes samples at the Grota do Cirilo mine in Itinga, in Minas Gerais state, Brazil April 18, 2023. REUTERS/Washington Alves/File Photo
BusinessCritical MineralsEconomyFinanceMineralsNews

Investment in critical minerals in web of doubt, industry says

Companies are reluctant to invest, uncertain about the demand for electric vehicles and government approaches to zero-carbon goals.

FILE PHOTO: The logo of Vietnam's VinFast, a fledgling electric vehicle (EV) maker, is pictured in a sales location at a shopping mall in Santa Monica, California, U.S., May 23, 2022. Picture taken May 23, 2022. REUTERS/David Swanson/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Vietnam’s VinFast delays US electric car plant amid market slowdown

VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 amid uncertainties in the global EV market.

FILE PHOTO: The logo of SK On is pictured at its EV battery factory in Seosan, South Korea, October 19, 2023.  REUTERS/Kim Hong-Ji/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

South Korea’s SK On in talks to supply prismatic EV batteries as it seeks turnaround

SK On, expanding from pouch to prismatic batteries, seeks deals with automakers to diversify its product portfolio.

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