Wednesday, 5 February 2025

Focus on Economy

The cyclone left scenes of utter devastation (AFP)
AnalysisClimateEconomyEnvironmentIndigenousResiliencyWeather

Devastated Mayotte battles to recover from cyclone ‘steamroller’

Cyclone Chido devastated Mayotte, destroying La Vigie district, leaving behind destruction and prompting community rebuilding efforts.

FILE PHOTO: LNG tanks are pictured at Tokyo Gas's LNG terminal in Sodegaura, Chiba Prefecture, Japan November 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo
BusinessClimateCoalEconomyEmissionsEnvironmentInfrastructureNatural GasNewsOilPoliticsRegulationsUnited NationsUtilities

Japan’s draft climate strategy spurs calls for bolder cuts in carbon emissions

Japan's draft plan targets a 60 per cent cut in emissions by 2035, but experts call for deeper reductions to meet climate goals.

FILE PHOTO: VW employees attend an IG Metall union rally in front of Volkswagen headquarters, during a warning strike at the main factory of Germany's carmaker in Wolfsburg, December 9, 2024. Banner reads, "That's enough - We are ready to strike". Martin Meissner/Pool via REUTERS/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Marathon VW talks to resume in search for pre-Christmas deal with unions

Volkswagen and unions are in crunch talks over German operations cuts, aiming to avoid major strikes before Christmas.

FILE PHOTO: A view of a Tesla sign at its factory in Shanghai, China June 12, 2023. REUTERS/Aly Song/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Tesla’s China factory head Song Gang leaves company, letter to staff shows

Tesla's Shanghai plant manager Song Gang has left the company, according to a letter he sent to staff on Wednesday.

FILE PHOTO: An OPEC flag is seen on the day of OPEC+ meeting in Vienna  in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File Photo
BusinessEconomyNewsOilPoliticsTrade

OPEC+ wary of renewed US oil output rise under Trump, sources say

OPEC+ is concerned about rising U.S. oil output with Trump's return, fearing it will erode their market share and impact prices.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
ClimateEconomyEnvironmentLiquefied Natural GasNewsRegulationsTrade

Biden administration releases LNG export study, urging caution on new permits

The Biden administration's study on LNG exports warns of increased emissions and potential price hikes, advocating for cautious permitting.

Quebec Premier François Legault and Andrew Furey, premier of Newfoundland and Labrador, shake hands after signing a memorandum of understanding during an announcement in St.John's, Thursday, Dec. 12, 2024. THE CANADIAN PRESS/Paul Daly
AnalysisClimateEconomyElectricityEnvironmentHydropowerPoliticsUtilities

After fanfare of Churchill Falls deal, Newfoundland urged to learn its dam lessons

Energy observers urge Newfoundland and Labrador to independently review a major deal with Quebec, fearing it may favor Quebec.

FILE PHOTO: Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Mandatory credit Kyodo via REUTERS/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNews

Japan’s Honda and Nissan to begin merger talks, Nikkei reports

Honda and Nissan are set to negotiate a merger, aiming to combine resources to compete against larger EV manufacturers globally.

Login into your Account

Please login to like, dislike or bookmark this article.