Wednesday, 5 February 2025

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Analysis: Europe stands firm against anti-ESG backlash driven by U.S. politics

Analysis: Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation are helping Europe's finance industry withstand political pressures.

AutomotiveBusinessElectric Vehicles (EVs)News

Vietnam EV maker VinFast’s challenges escalate risk for parent Vingroup

As Vietnam's biggest conglomerate Vingroup doubles down on its electric vehicle business with ambitious global expansion plans, it faces growing financial risks stemming...

BusinessElectric Vehicles (EVs)News

Global EV sales up 12% in March, down 9% in Europe, Rho Motion says

Market research firm Rho Motion has predicted that global electric car sales will rise between 25% and 30% this year.

BusinessClimateEmissionsNews

More climate experts object to emissions target watchdog’s offsets policy

The climate targets verification group that announced a plan this week to allow companies to offset greenhouse gas emissions from their supply chain...

BusinessEconomyElectricityFinanceNewsPoliticsUtilities

Canadian province seeks to regulate electricity for cryptocurrency miners, citing huge demands

British Columbia's energy ministry says cryptocurrency miners consume large amounts of electricity to constantly run high-powered computers, while creating very few jobs or...

BusinessEconomyFuelNatural GasNewsOilPolitics

Hungary government puts pressure on fuel companies to cut prices

Hungary’s economy minister put pressure on fuel suppliers to cut prices closer to the central European average.

BusinessFinanceNewsOilPolitics

UAE’s ADNOC recently eyed BP as takeover target, sources tell Reuters

The state-owned Abu Dhabi National Oil Company (ADNOC) ultimately decided BP would not be the right fit for its strategy, sources told Reuters.

AutomotiveBusinessElectric Vehicles (EVs)News

F-150 Lightning electric pickup trucks: Ford cuts prices for XLT, Flash and Lariat

Ford Motor cut prices of some variants of its F-150 Lightning electric pickup truck by as much as $5,500 as the Detroit automaker...

BusinessElectric Vehicles (EVs)FuelManufacturingNews

Aston Martin to make petrol cars ‘for as long as allowed’

The car maker in February delayed the launch of its first electric vehicle by one year until 2026, and with deliveries due in...

BusinessClimateEmissionsEmissions MarketsNewsVoluntary Carbon Markets (VCMs)

Corporate climate pledge weakened by carbon offsets move

The world's main benchmark for vetting corporate climate action, the Science-Based Targets Initiative, has been accused by its own staff of "greenwashing"

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