Thursday, 6 February 2025

Focus on Business

German Foreign Minister Annalena Baerbock attends the Petersberg Climate Dialogue in Berlin, Germany, April 25, 2024. REUTERS/Liesa Johannssen
BusinessFinanceNews

German ministers call on China, Gulf states to contribute climate finance

Climate finance needs big-polluting developing countries to pay more, say German ministers, as costs set to hit $5 trillion in fight against climate...

The consumer tech giant is the latest entrant to China's cut-throat EV market, with its new SU7 model the star of the show (AFP)
BusinessElectric Vehicles (EVs)News

Five things we learned at the Beijing auto show

From tech giants to car-making juggernauts and AI-assisted driving, the Beijing auto show has been showing off the latest EV innovations

FILE PHOTO: Chairman and CEO, BlackRock, Larry Fink speaks during the Clinton Global Initiative (CGI) meeting in Manhattan, New York City, U.S., September 19, 2022. REUTERS/David 'Dee' Delgado/File Photo
BusinessFinanceNews

BlackRock-backed Decarbonization Partners raises $1.4 billion for first fund

Climate investing venture gathers over a billion from 30 institutional investors across 18 countries to aid transition to lower-carbon energy.

FILE PHOTO: United Parcel Service's (UPS) newly launched electric delivery truck is seen in Compton, California, U.S., September 13, 2023. REUTERS/Lisa Baertlein/File Photo
AutomotiveBusinessNews

Low supply slows UPS and FedEx transition to electric vans

Battery shortages that limit EV supplies and electric van startups that run out of money hamper delivery giants' clean energy transition efforts.

FILE PHOTO: The logotype of Iberdrola is illuminated atop the 165-metre (541 feet) Cesar Pelli designed Iberdrola Tower, in Bilbao, Spain, February 29, 2024. REUTERS/Vincent West/File Photo
BusinessFinanceNews

Spain’s Iberdrola, Norway wealth fund expand renewables partnership

MADRID/COPENHAGEN (Reuters) – Europe’s largest utility Iberdrola and Norway’s $1.6 trillion sovereign wealth fund are building up on their existing partnership in renewables...

Plastic bottles lie stranded on a beach as volunteers collect rubbish during a beach cleanup campaign organised in conjunction with the Earth Day celebration in George Town, Malaysia April 22, 2024. REUTERS/Hasnoor Hussain
BusinessClimateNewsRegulationsUnited Nations

Oil, chemical industry lobbyists pile in to UN plastics treaty talks

Plastics treaty being attended by 37% more lobbyists from key industries than previous round of negotiations, nonprofit's analysis reveals.

NGOs allege the loan is financing the Suralaya coal plant, which is being expanded to ten units (AFP)
BusinessCoalFinanceNews

NGOs accuse ADB of funding coal plants despite clean energy vows

Indonesia coal projects are not excluded from being funded Asian Development Bank, four NGOs allege.

Australian mining giant BHP in takeover bid for British rival Anglo American, a colossal deal with the potential to fundamentally reshape the sector (AFP)
BusinessCritical MineralsNews

BHP launches $38.8 billion takeover bid for rival Anglo American

BHP and Anglo American have both been wrestling with the transition away from gas and coal, eyeing opportunities to mine critical minerals

FILE PHOTO: Logo of German tyre company Continental is pictured before the annual news conference in Hanover, Germany, March 9, 2021. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessCourtsEmissionsNews

Continental hit with $107 million fine over Dieselgate scandal

Automotive supplier's Dieselgate fine based on breaching supervisory duties after investigation by German prosecutors.

De Beers delivers first production from underground operations at its Venetia Mine in South Africa in this undated handout picture. ANGLO AMERICAN AND DE BEERS GROUP/ HANDOUT via REUTERS/ File Photo
BusinessCritical MineralsMineralsNews

BHP’s proposed bid for Anglo American is a big bet on copper

By Siyi Liu and Mai Nguyen BEIJING/HANOI – BHP Group’s proposed $39 billion buyout of Anglo American is a big bet on copper...

Login into your Account

Please login to like, dislike or bookmark this article.