Tuesday, 11 February 2025

Focus on Business

(FILES) A general view where a dam burst in the village of Bento Rodrigues, in Mariana, the southeastern Brazilian state of Minas Gerais on November 6, 2015.   A Brazilian court on November 14, 2024, cleared mining giants BHP and Vale, and their Brazilian joint venture Samarco, of responsibility over a 2015 dam collapse that caused the country's worst ever environmental disaster. (AFP)
BusinessCritical MineralsEmissionsEnvironmentIndigenousMiningNews

BHP, Vale cleared by Brazil court over 2015 dam disaster

A Brazilian court on Thursday cleared BHP, Vale, and their Brazilian joint venture Samarco, of responsibility over the 2015 dam collapse.

News ReleaseClimate FinanceEmissions MarketsVoluntary Carbon Markets (VCMs)

Verra’s REDD Methodology and Jurisdictional and Nested REDD+ Framework Secure ICVCM Approval

Approvals set a new benchmark for integrity in forest conservation, enabling the integration of project- and jurisdictional-level efforts, and empowering buyers to invest...

FILE PHOTO: A screen displays the company logo for Stellantis N.V. on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  REUTERS/Brendan McDermid/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Stellantis pledges not to close plants or slash jobs in Italy

"Stellantis does not intend to close any plants in Italy, just as it has no intention of making collective redundancies."

FILE PHOTO: A general view of the new factory of China's Chery Auto, at Zona Franca, in Barcelona, Spain April 19, 2024. REUTERS/Albert Gea/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsTransport

China’s Chery to delay Barcelona production start to Q4 2025, Spanish partner says

The Chery-Ebro venture said in April it would aim to produce up to 150,000 vehicles a year by 2029.

Signage is seen at the JPMorgan Chase & Co. New York Head Quarters in Manhattan, New York City, U.S., June 30, 2022. REUTERS/Andrew Kelly/File Photo
BusinessClimate FinanceFinanceNatural GasNews

JPMorgan gives green energy finance ratio for the first time

Banks are increasingly under pressure from investors to show how they are helping clients in the transition to clean energy.

FILE PHOTO: The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019.   REUTERS/Chris Helgren/File Photo
BusinessFinanceFuelNewsOil

TSX futures inch up ahead of Powell’s speech, US data

Markets also expect President-elect Donald Trump's policies to spur inflation and keep Fed rates higher for longer.

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTransport

Trump’s victory could ease regulatory path for Musk’s robotaxi, but hurdles remain

As Tesla’s electric-vehicle sales have flattened, Elon Musk has staked the company’s future on self-driving robotaxis.

FILE PHOTO: A view of BHP's Escondida, the world's biggest copper mine, in northern Chile, in Antofagasta, Chile March 31, 2008. Picture taken March 31, 2008. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsMineralsMiningNews

BHP set to detail copper growth plans on Chile roadshow, analysts say

Copper is key to BHP's growth plans as an essential metal for the energy transition — but BHP's production is expected to fall...

Members of Brazilian Institute for the Environment and Renewable Natural Resources (IBAMA) fire brigade work to extinguish a fire rising in Amazon rainforest in Apui, Amazonas state, Brazil, August 8, 2024. REUTERS/Adriano Machado/File Photo
BusinessClimateEmissionsEmissions MarketsEnvironmentNewsVoluntary Carbon Markets (VCMs)

Brazil’s Tocantins state to offer $430 million in carbon credits

The value and number of carbon credits is contingent on the state successfully reducing deforestation.

FILE PHOTO: People look at Kia electric vehicles at the carmaker's Asia Pacific EV Day in Taipei, Taiwan November 13, 2024. REUTERS/Ben Blanchard/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Kia sees near-term market challenges but sticks to 1.6 million annual EV sales target by 2030

"We're not pushing volume to market. Especially this year, the market is changing very rapidly and there are so many uncertainties."

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