Tuesday, 11 February 2025

Focus on Business

The Tesla logo is seen on a car in Los Angeles, California, U.S.
BusinessElectionsElectric Vehicles (EVs)News

Tesla stock extends rally as Musk-Trump alliance fuels gains

Tesla shares soar 7% on premarket gains, fueled by Musk's backing of Trump and hopes for policy benefits.

A Hydro-Québec truck is seen in Montreal, Sept.1, 2023. THE CANADIAN PRESS/Christinne Musch
BusinessElectricityIndigenousNewsPoliticsUtilitiesWind

Quebec First Nation says government, Hydro-Québec left it out of wind projects

Huron-Wendat Nation alleges Quebec, Hydro-Québec ignored duty to consult on wind projects; Wolastoqiyik Wahsipekuk disputes.

People attend the United Nations climate change conference COP29 opening in Baku, Azerbaijan November 11, 2024. REUTERS/Maxim Shemetov
ClimateClimate FinanceEmissionsEmissions MarketsNewsUnited NationsVoluntary Carbon Markets (VCMs)

What does that mean? A guide to COP29 climate jargon

With U.N. climate talks tackling complex topics from energy policy to global financial aid, the annual summit has developed its own lexicon.

Pedestrians walk past the Bank of Japan building in Tokyo, Japan March 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo
BusinessClimateEmissionsNews

BOJ hopes to keep 2% inflation target while monitoring climate shock risks

The Bank of Japan aims to maintain its 2% inflation target despite potential long-term price shocks from climate change.

Corn is loaded into a truck to be transported for ethanol production in Kelley, Iowa, U.S., January 21, 2020. REUTERS/Shannon Stapleton/File Photo
BiofuelsBusinessNewsPoliticsRegulations

US renewable fuel credits rally to multi-month highs despite Trump reelection

U.S. renewable fuel credits hit multi-month highs amid strong refiner demand and rising soyoil prices, surprising traders.

Miniatures of solar panel and electric pole are seen in front of Enphase logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectric Vehicles (EVs)ElectricityLabourManufacturingNewsSolarStorage

Enphase Energy to lay off 17% of workforce

Enphase Energy will cut its global workforce by about 17 per cent, impacting about 500 employees and contractors, the solar inverter maker disclosed...

FILE PHOTO: The logo of U.S. oil and gas company EOG Resources is seen in its office in Chongqing, China December 15, 2017. Picture taken December 15, 2017. REUTERS/Chen Aizhu/File Photo
BusinessNatural GasNewsOil

EOG Resources set to boost shareholder returns

EOG Resources plans to raise debt to $5-6 billion, enabling over 100 per cent free-cash-flow returns to shareholders while maintaining a debt-to-EBITDA ratio...

FILE PHOTO: The logo of Leapmotor is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
BusinessEconomyElectric Vehicles (EVs)LegislationManufacturingNewsPoliticsRegulationsTrade

Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

Chinese automakers were recently told to pause their large-scale investment plans in EU countries that had backed the tariff proposal.

FILE PHOTO: 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)NewsPolitics

Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism

Tesla's market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of favorable treatment with Trump's election.

The Parliamentary Budget Officer estimates the Trans Mountain pipeline is worth less than it cost to build in an updated assessment of the controversial project. In this photograph taken with a drone, the Trans Mountain Burnaby Terminal tank farm is seen in Burnaby, B.C., on Thursday, April 4, 2024. THE CANADIAN PRESS/Darryl Dyck
BusinessFuelNewsOilTransmission

Ottawa faces potential loss if Trans Mountain pipeline sold, say advisors

The pipeline could be worth between $29.6 billion and $33.4 billion.

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