Wednesday, 5 February 2025

Focus on Business

BusinessMiningNewsWeather

Canada’s mild winter disrupts key ice road to remote Arctic diamond mines

TORONTO (Reuters) – An unusually warm winter in Canada this year has delayed the opening of a 400-kilometer (250-mile) ice road that is...

BusinessLegislationNewsPolitics

Canada’s Trudeau on back foot over carbon tax

Polluters should pay up, Canadian Prime Minister Justin Trudeau insists. But pressure is mounting to scrap his signature climate policy, a federal levy...

Renault electric van
AutomotiveBusinessElectric Vehicles (EVs)News

Renault to invest $320 million, hire 550 workers to make electric vans in northern France

French car maker Renault plans to invest 300 million euros ($323.25 million) in its assembly plant located in Sandouville in northern France to...

BusinessCoalEmissionsEnvironmentNews

Last coal-burning power plant in New England set to close in a win for environmentalists

BOSTON (AP) — The last coal-fired power plant in New England, which had been the focus of a lawsuit and protests, is set...

BusinessNewsUtilities

UK’s biggest water supplier plunges into deeper financial crisis

Debt-plagued Thames Water has failed to raise a major cash injection from shareholders, it revealed Thursday, blaming industry regulations that made its rescue...

BusinessEconomyFinanceNewsUtilities

New UK energy price cap forecast to be higher than expected

The UK’s Office of Gas and Electricity Markets’ (Ofgem) price cap is likely to be higher than previously thought when it changes again...

AutomotiveBusinessElectric Vehicles (EVs)News

China’s competitive car market at heart of EV revolution

China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as...

AutomotiveBusinessElectric Vehicles (EVs)EmissionsNews

China’s Xiaomi enters car market with new electric vehicle

Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive sector in the...

AutomotiveBusinessElectric Vehicles (EVs)News

Xiaomi’s first EV to go on sale at starting price of 215,900 yuan

BEIJING (Reuters) – Xiaomi’s highly anticipated electric vehicle (EV) will go on sale at a starting price of 215,900 yuan ($29,869.54), the Chinese...

AutomotiveBusinessEmissionsNews

German court rules against Mercedes in emissions case

The superior regional court in Stuttgart ruled that Mercedes had installed emissions-cheating devices in some diesel vehicles

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