Friday, 7 February 2025

Focus on Business

Solar panels are arrayed on Earth Day in Athol, Massachusetts, U.S., April 22, 2022. Picture taken with a drone. REUTERS/Brian Snyder/File Photo
BusinessElectricityEmissionsNewsSolarWind

Acadia, companies eye $9 billion US renewables roll-out

Acadia and Microsoft aim to develop a $9B pipeline of renewable energy projects across the U.S.

FILE PHOTO: A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 2021. Picture taken July 15, 2021.  REUTERS/Vladimir Soldatkin/File Photo
AnalysisBusinessEconomyLiquefied Natural GasPoliticsTrade

Analysis: Rival LNG supplies, Sakhalin’s depleting fields give Japan an exit from Russian gas

Japan eyes LNG shift as Sakhalin-2 deals near expiry, balancing energy security, geopolitics, and the push for renewables.

A man walks near a Tesla car at a charging station outside a store of the electric vehicle (EV) maker in Beijing, China January 4, 2024. REUTERS/Florence Lo/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4

The rare weekly sales disclosure came after Tesla logged its best month in the Chinese market this year with sales exceeding 73,000 in...

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo/File Photo/File Photo
AnalysisBusinessEconomyIndustryInfrastructureManufacturingPoliticsRegulationsTrade

Explainer: What next for Nippon Steel and US Steel’s $15 billion mega-merger?

U.S. Steel's $15B Japanese takeover hangs in the balance as Biden weighs national security risks amid political pushback.

FILE - Cattle walk along an illegally deforested area in an extractive reserve near Jaci-Parana, Rondonia state, Brazil, July 12, 2023. (AP Photo/Andre Penner, File)
BiodiversityBusinessClimateClimate FinanceEmissionsEnvironmentIndigenousNewsRegulations

Brazilian beef and leather companies fall short in tackling deforestation, a study finds

Brazil's beef industry fuels Amazon deforestation, with 80 per cent of top companies failing to stop rainforest destruction.

The deal worth $14.9 billion including debts is being reviewed in Washington (AFP)
BusinessEconomyIndustryInfrastructureManufacturingNewsPoliticsRegulationsTrade

Nippon Steel slams ‘inappropriate’ politics in US deal

Nippon Steel issued the statement in response to a news report suggesting that President Biden might block its acquisition of US Steel.

FILE PHOTO: Workers of GE Vernova, in Nantes, France, October 17, 2024. REUTERS/Stephane Mahe/File photo
BusinessEconomyElectricityIndustryNatural GasNewsOffshore WindWind

GE Vernova cautious about wind sector as gas business soars

GE Vernova resumes wind turbine work but remains cautious, forecasting losses and shifting focus amid industry challenges.

FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018.  REUTERS/Heather Somerville/File photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

GM to exit Cruise robotaxi business

Automaker General Motors said on Tuesday its majority-owned Cruise business will drop the development of robotaxis.

FILE PHOTO: A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan U.S., September 16, 2024.  REUTERS/Rebecca Cook/File Photo
BusinessEconomyGreen SteelIndustryInfrastructureManufacturingNewsPoliticsRegulationsTrade

Biden plans to block Nippon Steel purchase of US Steel, Bloomberg News reports

President Biden plans to block Nippon Steel's $15B U.S. Steel takeover on national security grounds, Bloomberg reports.

ents from a tailings pond is pictured going down the Hazeltine Creek into Quesnel Lake near the town of Likely, B.C. on August, 5, 2014. Charges under the federal Fisheries Act have been laid against Imperial Metals Corp. more than 10 years after a tailings pond collapsed the Mount Polley mine, spilling more than 20 million cubic metres of waste water into B.C. Interior waterways. THE CANADIAN PRESS/Jonathan Hayward
BusinessCritical MineralsEmissionsEnvironmentInfrastructureMiningNews

Fifteen fisheries charges laid a decade after Mount Polley dam breached in B.C.

Imperial Metals faces 15 federal Fisheries Act charges over Mount Polley mine disaster, a decade after the dam collapse.

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