Focus on Economy
Summit carbon project would be reassessed if US tax credits repealed, attorney says
Summit Carbon Solutions' CO2 pipeline project may be reassessed if U.S. tax credits for carbon capture are repealed.
Suncor to increase oil and gas output by up to five per cent in 2025
Suncor Energy plans to boost oil output by up to five per cent in 2025, targeting production of 810,000 to 840,000 barrels per...
Mexico’s Newmont optimistic about talks on mining royalties hike
Newmont's Mexican division says it sees an "openness for dialogue" from the Mexican government amid proposed increase in mining royalties.
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
Microsoft to take $800M hit from Cruise shutdown, reflecting tech industry's struggles with autonomous vehicle investments.
Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise
GM's Cruise shutdown signals Wall Street's waning patience with autonomous vehicle investments and speculative tech bets.
U.S. cobalt miner to Trump: use tariffs as ‘scalpel’ not ‘sledgehammer’
Jervois exec urges Trump to use surgical tariffs to aid U.S. mining, boost critical mineral supply chains amid Chinese competition.
Tesla shares jump to record high
Tesla stock soars to record $415, surging 65 per cent post-election on Musk's Trump ties and strong China sales amid EV market optimism.
In Michigan and Wisconsin, cities are finding rooftops alone may not achieve solar energy goals
Kalamazoo, Grand Rapids, Milwaukee, and Madison adopt utility-scale solar, blending partnerships and rooftop projects for clean energy.
EU conservatives seek to stall 2035 combustion engine ban
EU's conservative bloc seeks to reverse 2035 combustion engine ban, citing automotive industry challenges and economic concerns.
Hungary, Slovakia seek to overcome US sanctions impact on Russian gas payments
Hungary, Slovakia scramble to pay Russian gas amid US sanctions on Gazprombank, risking potential suspension of critical energy supplies.
