Focus on Economy
Volkswagen deliveries fall in 2024 as electric push slows
The 10-brand group, which includes Audi, Porsche and Lamborghini, sold 9.03 million vehicles last year, down 2.3 per cent from 2023.
G20 financial stability watchdog urges broader adoption of climate transition plans
G20's FSB urges standardization of climate transition plans to assess banking risks, as global discrepancies persist.
IFC says world must urgently streamline green bond ‘taxonomies’
World Bank calls for unified green bond definitions to secure funds for the green transition, amid concerns over US policy shifts.
US aluminium premium shows market sanguine over threat of Trump tariffs on Canada
Despite Trump's tariff threats on Canadian aluminium, U.S. prices show only a modest rise, reflecting market skepticism.
One in 10 Canadians live in places susceptible to green transition disruption: report
One in 10 Canadians live in communities susceptible to workforce disruption from the transition to a greener economy.
Central Europe’s banks can withstand car sector turmoil, S&P says
European automakers have announced plant closures and layoffs amid weak demand, high costs, and a slow EV transition.
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite: Reuters poll
China faces trade tensions with the U.S. as Trump, proposing tariffs on Chinese goods, returns to the White House.
Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports
Will the EU shun Russian gas by 2027, or could peace spark a U-turn, reshaping Russia’s gas export strategy?
Ottawa pauses EV rebates as federal program runs out of money
Ottawa has paused an incentive program that offered Canadians rebates of up to $5,000 when buying or leasing electric vehicles.
