Wednesday, 2 April 2025

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FILE PHOTO: Labourers harvest cocoa pods at a farm in Assin Foso, Ghana, November 21, 2024. REUTERS/Francis Kokoroko/File Photo
AnalysisBusinessCoalCritical MineralsEconomyIndustryManufacturingOilRegulationsTrade

Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand

Cocoa and coffee prices surged in 2024 due to global supply deficits, while steel-making coal struggled amid China's slow growth.

FILE PHOTO: A prototype of an electrical air-taxi drone by German start-up Volocopter that takes off and lands vertically performs a non-passenger flight over Le Bourget airport, near Paris, France, June 21, 2021. REUTERS/Christian Hartmann/File Photo
AviationBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTransport

German air taxi start-up Volocopter files for insolvency

Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations.

FILE PHOTO: FILE PHOTO: Cocoa pods are pictured at a farm in Sinfra, Ivory Coast April 29, 2023. REUTERS/Luc Gnago/File Photo
AgricultureClimateEnvironmentNewsWeather

Dry weather threatens Ivory Coast cocoa crop, farmers say

Last week, no rain fell in most of Ivory Coast's cocoa regions, raising concerns over bean quality and supply.

Heavy equipment is used in the demolition of three-storey walk-up apartment buildings where high-rise towers will be built, in Burnaby, B.C., on Wednesday, December 18, 2024. Light House, a Vancouver-based non-profit launched the Building Material Exchange (BMEx) in November, aimed at getting the word out to the construction and development community that their excess or salvaged construction materials have value. THE CANADIAN PRESS/Darryl Dyck
ConstructionEmissionsEnvironmentNews

‘Tinder of construction’ aims to keep B.C. building waste out of landfills

A Canada-based non-profit helps reuse building materials to cut waste and greenhouse gases.

A fishing boat remains stranded after strong waves hit in Lobitos, Talara Province, Peru, on December 27, 2024 (AFP)
BusinessIndustryMaritimeNewsTradeWeather

One dead in Ecuador, Peru ports closed amid massive waves

Massive waves up to four meters high are battering Ecuador and Peru, closing 91 ports and resulting in at least one death.

Piles of coal at the Westshore coal export terminal at Roberts Bank and gantry cranes used to load and unload containers onto and from cargo ships are seen at Deltaport, in Tsawwassen, B.C., on Monday, September 9, 2024. THE CANADIAN PRESS/Darryl Dyck
BusinessClimateCoalEmissionsEnvironmentIndustryMaritimeNewsTrade

Machinery fire extinguished at Delta, B.C., coal port terminal: Port authority

A coal stacker fire at Westshore Terminals in Delta, B.C., has been extinguished; no injuries reported, operations paused.

FILE PHOTO: A drone view shows a cargo ship and shipping containers at the port of Lianyungang in Jiangsu province, China October 17, 2024. China Daily via REUTERS/File Photo
BusinessCritical MineralsEconomyIndustryInfrastructureManufacturingNewsPoliticsTrade

China to cut import tariffs on some recycled copper and aluminium raw materials

China will cut import tariffs on ethane and some recycled metals from Jan. 1, 2025, to boost imports and green development.

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
AnalysisBusinessElectric Vehicles (EVs)IndustryLegislationManufacturingRegulations

What happens next to workers in ‘slavery-like conditions’ at BYD’s site in Brazil?

Brazil rescues 163 Chinese workers from BYD site in "slavery-like conditions"; negotiations for their protection ongoing.

A drone view shows BYD's new electric vehicle (EV) factory's construction site in Camacari, Brazil December 26, 2024. REUTERS/Joa Souza
BusinessElectric Vehicles (EVs)IndustryLegislationManufacturingNewsRegulations

Brazil yanks temp work visas for China’s BYD after trafficking claims

Brazil has suspended temporary work visas for BYD after 163 Chinese workers were found in "slavery-like conditions" at a site in Bahia.

FILE - The Fukushima Daiichi nuclear power plant, damaged by a massive March 11, 2011, earthquake and tsunami, is seen from the nearby Ukedo fishing port in Namie town, northeastern Japan, Thursday, Aug. 24, 2023. (AP Photo/Eugene Hoshiko, File)
ClimateEconomyElectricityEmissionsEnvironmentIndustryInfrastructureNewsNuclear PowerPoliticsRegulations

Japan to maximize nuclear power in clean-energy push as electricity demand grows

A Japanese panel endorsed a new energy policy aiming for 40-50 per cent renewables and 20 per cent nuclear by 2040 to meet...

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