Focus on Economy
Exclusive: Aramco chief tells Davos he expects additional oil demand of 1.3 million bpd this year
By Marwa Rashad DAVOS, Switzerland (Reuters) -Saudi oil giant Aramco’s Chief Executive Amin Nasser said on Tuesday he sees the oil market as...
EV sales slip in Europe in 2024 in overall stable car market
Sales of electric cars slid last year in Europe in an otherwise stable market, data from carmakers showed Tuesday. A total of 1.99...
Trade, tariffs, energy — market reaction to Trump’s inauguration speech
SINGAPORE/LONDON/NEW YORK (Reuters) -Global markets were volatile while the dollar rebounded on Tuesday in choppy trading as Donald Trump returned to the White...
Trumps tasks congressman with writing executive order he could issue to halt offshore wind
The Trump ally believes offshore approvals did not fully account for the fishing industry, tourism, whales or Americans’ utility bills.
Austrian far right, conservatives plan cuts to climate measures
The eurosceptic, Russia-friendly FPO came first in September's parliamentary election with around 29% of the vote.
Hawaii lawmakers vow to stabilize property insurance market as climate change fuels higher premiums
Wildfires in California affect the insurance business in Hawaii because insurance companies buy reinsurance — insurance for themselves.
Canada’s public pension holdings in natural gas companies a risk: report
Report raises alarms over public pension investments in natural gas, warning they risk becoming stranded assets amid the energy transition.
Copper giant Peru sees economy expand for eighth straight month
Peru's GDP grew 3.93% in November 2023, marking eight months of expansion, driven by strong agriculture and fishing sectors.
Albertans await decision on potential coal mine as public hearings wrap up
Protests mark final hearing on controversial Alberta coal mine, as decision nears on Northback Holdings' project.
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
U.S. oil production is poised to set a larger record this year than prior estimates, the EIA said in its Short-Term Energy Outlook...
