Friday, 7 February 2025

Focus on Economy

AnalysisEconomyEmissionsEmissions MarketsIndigenousLegislationOpinionPolitics

Neither effective nor fair: it’s time to replace Ottawa’s carbon tax

Opinion: A prudent move for Ottawa would be to replace the commodity-based carbon tax system with measures that are fairer and more effective.

CEO of French-Italian computer chip maker STMicroelectronics Jean-Marc Chery, CEO of German computer chip maker Infineon Jochen Hanebeck, CEO of Dutch computer chip maker NXP Kurt Sievers and Executive Director for Industrial Production of Jaguar Land Rover Barbara Bergmeier attend a panel at the Electronica & SEMICON Europa conference, in Munich, Germany November 11, 2024. REUTERS/Toby Sterling
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsStorageTrade

CEOs of European chip makers concerned about nationalist industrial policies

The CEOs of Europe’s top chipmakers warn that nationalist semiconductor policies in the U.S., China, and Europe hinder global business.

FILE PHOTO: A general view of molten copper at Anglo American's smelter in Chagres, Chile, obtained by Reuters on April 26, 2024. Anglo American/Handout via REUTERS/File Photo
AnalysisBusinessCritical MineralsEconomyElectionsMiningOpinionPoliticsRegulationsTrade

Opinion: Copper views Trump win through Chinese lens

Trump's 2024 U.S. election win hasn’t reignited copper prices, unlike his 2016 victory, as market focus shifts to China's economy.

FILE PHOTO: A power transmission tower is seen, with the Bharia Icon Tower in the background, a day after a country-wide power breakdown, in Karachi, Pakistan, January 24, 2023. REUTERS/Akhtar Soomro/File Photo
EconomyElectricityNatural GasNewsRegulationsSolarWind

Pakistan to slash winter power tariffs to spur demand, cut gas use

Pakistan will cut winter electricity tariffs to reduce gas use and promote a shift toward clean energy.

FILE PHOTO: Steam is released from a petroleum refinery in Sulphur, Louisiana, U.S., June 12, 2018. REUTERS/Jonathan Bachman/File Photo
ClimateEconomyEmissionsEnvironmentNatural GasNewsPoliticsRegulations

Trump prepares withdrawing from Paris climate agreement, NYT reports

Trump's team prepares executive orders to exit Paris accord, shrink national monuments, and lift gas export terminal pause.

FILE PHOTO: A car is parked at the venue of the United Nations climate change conference, known as COP29, during a media tour ahead of the summit beginning in Baku, Azerbaijan November 8, 2024. REUTERS/Aziz Karimov/File Photo
ClimateClimate FinanceEconomyEmissionsNatural GasNewsOilUnited Nations

COP29 host Azerbaijan promoted fossil fuel deals ahead of climate summit, NGO says

A secret video reveals Azerbaijan, COP29 host, offering to discuss potential fossil fuel deals ahead of the climate summit.

FILE PHOTO: The logo of Leapmotor is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
BusinessEconomyElectric Vehicles (EVs)LegislationManufacturingNewsPoliticsRegulationsTrade

Stellantis, partner Leapmotor scrap plan to make second EV model in Poland, sources say

Chinese automakers were recently told to pause their large-scale investment plans in EU countries that had backed the tariff proposal.

Climate activists held a banner reading 'Banks dirty our future. Let's block them' outside the headquarters of French bank Societe Generale in 2019. Protests are one of the risks bank face over their response to climate change (AFP)
AnalysisBusinessClimateCoalCourtsEconomyEmissionsEnvironmentLegislationNatural GasOilRegulations

From floods to regulations: Climate change poses complex risks for the banking sector

Climate change poses risks to banks on several levels: it can directly impact their finances, tarnish their image and land them in the...

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