Focus on Economy
US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
The U.S. Energy Department plans a $7.54 billion loan to Stellantis and Samsung SDI for two EV battery plants in Indiana.
Barbados completes world first debt swap for climate resilience
Barbados completes the first debt-for-climate swap, unlocking $125M for water resilience and climate adaptation projects.
Grangemouth workers have ‘sought-after skills’ for power grid work, says ScottishPower
ScottishPower seeks skilled workers from Grangemouth refinery and ISG layoffs for 1,000 jobs in Scotland's grid upgrade.
Trump’s low oil price promise is a risk and a boon for emerging markets
Trump’s pledge to halve energy costs sparks hope for oil importers but threatens fiscal turmoil for producers reliant on exports.
Bangladesh halves power buying from India’s Adani amid payment dispute
Bangladesh halves Adani Power imports amid payment disputes, high costs, and lower winter demand, straining a key energy deal.
New US solar tariffs on Southeast Asia to raise prices, cut profit margins
U.S. expands solar tariffs to Southeast Asian imports, pressuring costs but spurring domestic production, analysts say.
Australia’s electricity market is getting a big makeover – and these three changes will make it future-proof
Australia’s electricity market needs urgent reform to align with renewable energy and net-zero goals, doubling grid capacity for future needs.
Seeking higher margins, Stellantis CEO Tavares lost some core customers
Stellantis faces rising prices and shrinking market share in Europe, where inflation-hit buyers seek affordable alternatives.
Glittering dreams: India’s big push for solar power
India is racing to lead the renewable energy revolution, with massive projects like Gujarat’s Khavda plant boosting its green ambitions.
Nine Volkswagen plants on strike as worker rift with management deepens
Volkswagen workers strike at nine German plants over wage cuts and job threats, halting production amid automaker turmoil.
