Friday, 7 February 2025

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People walk on the stairs of a footbridge as the sky is enveloped in smog caused by air pollution in Delhi, India, December 17, 2024. REUTERS/Priyanshu Singh
BusinessClimateEmissionsEnvironmentIndustryNewsRegulationsWeather

India tightens curbs as air pollution turns ‘severe’

India tightens pollution restrictions in New Delhi as AQI hits 'severe' levels, implementing work-from-home and class limits.

FILE PHOTO: An Alcoa aluminum plant in Alcoa, Tennessee, U.S. is seen in this April 8, 2014 file photo REUTERS/Wade Payne/File Photo
BusinessIndustryNatural GasNews

Chevron Australia signs long-term gas supply deal with Alcoa

Chevron will supply Alcoa with 130 petajoules of gas over 10 years starting in 2028, powering alumina refineries in Western Australia.

FILE PHOTO: The Tesla logo is seen through a charging station outside a store of the electric vehicle (EV) maker in Beijing, China January 4, 2024. REUTERS/Florence Lo/File Photo
BusinessElectric Vehicles (EVs)IndustryNewsPoliticsRegulationsTrade

China resident who stole Tesla trade secrets gets 2-year US sentence

Klaus Pflugbeil was sentenced to 24 months in U.S. prison for stealing Tesla trade secrets for his EV battery business in China.

FILE PHOTO: A view shows a Bank of Canada building in Ottawa, Ontario, Canada December 11, 2024. REUTERS/Blair Gable/File Photo
BusinessEconomyNewsPolitics

Bank of Canada: world is now more prone to shocks than we’d like

Deglobalization, demographic shifts, digitalization and decarbonization all affecting jobs, growth and inflation: Bank of Canada governor

Piping is seen on the top of a receiving platform which will be connected to the Coastal GasLink natural gas pipeline terminus at the LNG Canada export terminal under construction, in Kitimat, B.C., Wednesday, Sept. 28, 2022. THE CANADIAN PRESS/Darryl Dyck
BusinessLiquefied Natural GasNews

LNG Canada names Cooper as next CEO; replaces outgoing Klein

LNG Canada says Chris Cooper will succeed current chief executive Jason Klein, effective April 1, 2025.

FILE PHOTO: European Union flags flutter on the day European Central Bank (ECB) President Christine Lagarde speaks to reporters following the Governing Council's monetary policy meeting in Frankfurt, Germany September 12, 2024. REUTERS/Jana Rodenbusch/File Photo
BusinessCoalEconomyElectricityEmissionsEnvironmentFinanceNatural GasNewsOilRegulationsTrade

EU watchdog frees green bonds from fund naming rules

The EU allows green bond funds to invest in bonds from big polluters, easing previous restrictions and supporting decarbonization efforts.

The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/ File Photo
BusinessEconomyElectricityFinanceIndustryInfrastructureNewsSolarUtilitiesWind

Italy’s Erg secures 243-million-euro EIB loan for renewable energy projects

The loan will cover more than 50 per cent of the total cost of projects as it is linked to REPowerEU, the EU's...

Ford cars are displayed at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30, 2022. REUTERS/Athit Perawongmetha/File Photo
BusinessEconomyElectric Vehicles (EVs)FinanceIndustryManufacturingNewsSemiconductor

US finalizes $9.63 billion loan for Ford, SK On joint battery venture

The U.S. Energy Department finalized a $9.63 billion loan for Ford and SK On to build three battery plants in Kentucky and Tennessee.

FILE PHOTO: Workers clean Lamborghini cars on display at the Salon Prive, a three day automobile event which showcases both new and classic luxury and sports vehicles, at the Royal Chelsea Hospital in London, Britain, April 20, 2023. REUTERS/Toby Melville/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNews

Lamborghini delays first EV launch to 2029 as market not ready

Lamborghini plans to launch its first electric model in 2029, citing market readiness concerns, while Ferrari debuts its EV in 2025.

FILE PHOTO: A Tesla electric vehicle is plugged to a charger in a parking lot in Teia, north of Barcelona, Spain, October 31, 2023. REUTERS/Albert Gea/File Photo
AutomotiveBusinessClimateEconomyElectric Vehicles (EVs)EmissionsNatural GasNewsPoliticsRegulationsTrade

Trump transition team plans sweeping rollback of Biden EV, emissions policies

Trump's transition team proposes cutting EV support, imposing global tariffs on battery materials, and rolling back emissions standards.

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