Focus on Business
California will soon require insurers to increase home coverage in wildfire-prone areas
California will require insurers to increase home coverage in wildfire-prone areas, ensuring policies for 85 per cent of market share.
German air taxi start-up Volocopter files for insolvency
Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations.
Owner seeks release of oil tanker seized in Finland cable probe
The owner of the seized oil tanker Eagle S, suspected of damaging undersea cables in the Baltic Sea, is seeking its release.
Turkey’s fuel, tobacco tax moves will not harm inflation goal, Simsek says
Turkey plans fuel and tobacco tax hikes next year without risking its 2025 inflation goals.
Pylon wars: Battle between builders and ‘blockers’ mounts across UK
Plans to build thousands of new pylons in rural UK to meet clean power targets face backlash from communities across the country.
Machinery fire extinguished at Delta, B.C., coal port terminal: Port authority
A coal stacker fire at Westshore Terminals in Delta, B.C., has been extinguished; no injuries reported, operations paused.
Ukraine’s Zelenskiy hits back at Slovak PM Fico as gas transit dispute deepens
Zelenskiy accused Slovakia's PM Fico of opening a "second energy front" against Ukraine amid a deepening gas transit dispute.
China to cut import tariffs on some recycled copper and aluminium raw materials
China will cut import tariffs on ethane and some recycled metals from Jan. 1, 2025, to boost imports and green development.
What happens next to workers in ‘slavery-like conditions’ at BYD’s site in Brazil?
Brazil rescues 163 Chinese workers from BYD site in "slavery-like conditions"; negotiations for their protection ongoing.
