Wednesday, 5 February 2025

Focus on Business

Nova Scotia Premier Tim Houston arrives for a first ministers meeting in Ottawa on Jan. 15. THE CANADIAN PRESS/Sean Kilpatrick
BusinessEconomyEnvironmentNewsOilPolitics

Fishers worried by N.S. premier’s musings over lifting oil-exploration moratorium

HALIFAX — Nova Scotia seafood industry representatives voiced concerned Thursday over comments from the premier that he’s open to ending a moratorium on...

FILE PHOTO: A visitor stands next to a BYD Sealion 7 EV car at the 41st Thailand International Motor Expo, in Bangkok, Thailand, November 29, 2024. REUTERS/Athit Perawongmetha/File Photo
BusinessCourtsElectric Vehicles (EVs)NewsPolitics

Chinese EV makers file challenges to tariffs at EU court

By Philip Blenkinsop BRUSSELS (Reuters) -Chinese electric vehicle makers BYD, Geely and SAIC have challenged the EU’s import tariffs at the Court of...

FILE PHOTO: The logo of American oil and natural gas exploration and production company ConocoPhillips is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNatural GasNewsOil

ConocoPhillips takes over as sole operator of gas project in Malaysia, Petronas says

(Reuters) – Malaysia’s Petronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in...

The poll found Scots would rather oil and gas came from the UK than from abroad (PA)
BusinessEconomyNatural GasNewsOilPolitics

Most Scots want more North Sea oil and gas to meet energy needs, poll finds

More than seven in 10 Scots back drilling in the North Sea to reduce the country’s reliance on foreign imports, a survey has...

FILE PHOTO: A visitor looks at Nissan Motor's electric vehicle (EV) model Leaf at its showroom in Yokohama, Japan, November 3, 2023. REUTERS/Kim Kyung-Hoon/File Photo
BusinessElectric Vehicles (EVs)NewsTrade

Nissan to procure EV batteries from SK On for US market, Nikkei reports

TOKYO (Reuters) – Nissan Motor plans to procure batteries for electric vehicles sold in the U.S. from South Korea’s SK On from around...

FILE PHOTO: VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S.,  March 1, 2023. REUTERS/Lisa Baertlein/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsTrade

EV maker VinFast’s losses heap pressure on parent Vingroup as foreign investors sell

By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Vietnamese conglomerate Vingroup is facing renewed scrutiny on its strategy of backing loss-making electric...

A visitor views the Tesla Model 3 electric vehicle at the Canadian International Auto Show in Toronto, Ontario, Canada February 18, 2020.   REUTERS/Chris Helgren/File Photo
BusinessElectric Vehicles (EVs)News

Tesla to raise prices of all cars in Canada from Feb. 1, website shows

(Reuters) -Tesla will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with prices...

An aerial view shows a solar park being built by 'F&S solar service' company near Erftstadt, western Germany (AFP)
BusinessNewsSolar

Solar power surpasses coal in EU for first time

Solar overtook coal in the European Union’s electricity production in 2024, with the share of renewables rising to almost half the bloc’s power...

US President Donald Trump seeks to increase US oil production under his administration -- such as at this refinery in Detroit, Michigan -- but he may face challenges outside of his control (AFP)
AnalysisBusinessNatural GasOil

Trump push to ‘drill, baby, drill’ may hit industry roadblock

President Donald Trump wants to boost US oil production, pledging to bring costs down as he returned to office this week — but...

FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File photo
BusinessNewsOil

Oil prices extend losses on uncertainty over Trump tariff impact

By Nicole Jao NEW YORK (Reuters) -Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring...

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