Thursday, 6 February 2025

Focus on Economy

FILE PHOTO: The Rio Tinto logo is displayed above the global mining group's booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo
BusinessCritical MineralsEconomyMiningNewsTrade

Rio Tinto lifts 2025 guidance for capex, copper output

Rio Tinto boosts 2025 capital spending forecast, eyes copper growth with a 50 per cent output surge in Mongolia, and focuses on EV...

Motorbike taxi driver Phung Khac Trung rides his electric motorbike on a street in Hanoi (AFP)
AnalysisBusinessEconomyElectric Vehicles (EVs)EmissionsEnvironmentRegulationsTransport

Vietnam pushes electric motorbikes as pollution becomes ‘unbearable’

In polluted Hanoi, Gen Z riders embrace e-bikes to fight smog, but challenges like charging and habits slow broader adoption.

FILE PHOTO: Ford logo is seen in a rim at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

Ford UK chair calls on government for EV incentives, Sky News reports

Ford Motor Co's UK chair has called on the British government to provide consumer incentives of up to £5,000 per electric vehicle.

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
BiofuelsEconomyNewsPoliticsRegulationsSustainable Aviation Fuel

Biden administration will not finalize clean fuel tax credit guidance

Biden’s clean fuel tax credit for sustainable aviation fuels delayed, leaving future of key climate program uncertain.

Model of LNG tanker is seen in front of the U.S. flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyLiquefied Natural GasNewsTrade

Rising LNG terminal costs to make new US projects less competitive, says analyst

Rising U.S. LNG plant costs and permitting pauses threaten export competitiveness, analysts warn of shifting global demand.

FILE PHOTO: Solar panels at the background as U.S. President Joe Biden speaks during a visit to Vernon Electric Cooperative in Westby, Wisconsin, U.S., September 5, 2024. REUTERS/Kevin Lamarque/File Photo
BusinessCarbon ManagementEconomyElectricityHydrogenLegislationNewsPoliticsRegulationsSolarWind

Biden pushes out over $100 billion in clean energy grants as term winds down

Biden administration surpasses $100B in climate law grants, securing clean energy projects ahead of Trump’s term.

Enbridge Inc. raised its quarterly dividend for next year as it released its financial guidance for 2025. The Enbridge Cheecham Terminal, an oil storage terminal, southeast of Fort McMurray, Alta. is shown on Tuesday, April 23, 2024. THE CANADIAN PRESS/Amber Bracke
BusinessEconomyLiquefied Natural GasNatural GasNewsOil

Enbridge raises quarterly dividend by 3%, release financial guidance for 2025

Enbridge boosts 2025 dividend by three per cent, forecasts nine per cent earnings growth driven by strong utilization and new projects.

FILE PHOTO: A Cadillac Lyriq electric vehicle (EV) under General Motors is seen during its world premiere on a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingPoliticsRegulations

Analysis: Why GM could suffer under Trump policies to ‘save’ Detroit automakers

GM faces dual threats from Trump’s EV subsidy cuts and tariffs, as regulatory shifts challenge its electrification strategy.

Workers of Europe's largest carmaker Volkswagen AG gather during pay-rise protests on the grounds of VW’s main plant in Wolfsburg, Germany, December 2, 2024.   Julian Stratenschulte/Pool via REUTERS
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Union says nearly 100,000 workers joined Volkswagen strikes across Germany

Volkswagen workers protest site closures and wage cuts, with 98,650 joining strikes as union warns of more action.

A worker miniature is placed near the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023. REUTERS/Florence Lo/Illustration
Critical MineralsEconomyNewsSolarTrade

China bans export of critical minerals to US as trade tensions escalate

Gallium and germanium are used in semiconductors, with germanium also key for solar cells.

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