Friday, 7 February 2025

Focus on Economy

Jake Klocke, of PowerPollen, prepares a pollen applicator, Thursday, Aug. 22, 2024, near Ames, Iowa. (AP Photo/Charlie Neibergall)
AgricultureAnalysisEconomyElectric Vehicles (EVs)

Autonomous tech is coming to farming. What will it mean for crops and workers who harvest them?

Florida farmer Jeremy Ford turns to solar-powered irrigation, slashing water use and costs, and easing labor challenges.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsTrade

China again warns EU against separate talks with EV makers

China renewed warnings that if the EU conducts separate talks with EV companies while in dialogue with China, that would erode trust.

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Battery maker LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit

The company also expects the result of the U.S. election next week to have a significant impact on EV market direction, its CFO...

FILE PHOTO: A Volkswagen logo is seen at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)LabourManufacturingNewsTrade

Volkswagen weighs wage cuts, bonus reductions in push to save four billion euros: report

Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10 per cent wage cut and a two-year wage...

Activists protest against investment in fossil fuels outside of the World Bank headquarters in Washington, DC (AFP)
ClimateCoalEconomyEmissionsEnvironmentIndigenousNatural GasNewsOilPoliticsTrade

G20 affirms commitment to transition from fossil fuels

G20 leaders reaffirmed their pledge to phase out fossil fuels and accelerate climate action for net zero by 2050 after talks.

FILE PHOTO: A Porsche Taycan electric vehicle (EV) is showcased at a Volkswagen media event in Beijing, China April 24, 2024. REUTERS/Josh Arslan/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTrade

Porsche AG flags cost cuts as China weakness, slowing EV shift hits profits

Porsche AG may cut costs after a slower-than-expected transition towards electric vehicles and persisting weakness in the Chinese market.

The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz/File Photo
BusinessClimate FinanceEconomyFinanceNews

World Bank gears up to launch debut debt-for-development swap, treasurer says

Debt swaps have grown in popularity, especially where funds saved are used for environmental projects, so-called debt-for-nature swaps.

FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo
BusinessEconomyEmissionsEmissions MarketsNews

Morgan Stanley lowers climate target, warns on sluggish transition

Morgan Stanley has adjusted its lending strategy to align with capping global warming at 1.5 to 1.7°C, moving away from its previous strict...

FILE PHOTO: U.S. President Donald Trump greets Harold Hamm after he was introduced by Hamm at the Shale Insight 2019 Conference in Pittsburgh, Pennsylvania, U.S., October 23, 2019. REUTERS/Leah Millis/File Photo
BusinessCarbon ManagementClimate FinanceEconomyElectionsLegislationNewsPolitics

Trump hates Biden’s climate law. His allies are making money from it

Donald Trump promises to cut Biden's climate subsidies if elected. Yet many of his allies benefit from them through clean energy investments.

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