Tuesday, 3 June 2025

Focus on Economy

mmercial vehicle drivers wait to refuel at a compressed natural gas fuelling station in Calgary, Alta., Tuesday, Oct. 22, 2024. THE CANADIAN PRESS/Jeff McIntosh
BusinessEconomyFuelInfrastructureNatural GasNews

Tourmaline, Clean Energy open two new natural gas fuelling stations in Alberta

The stations in Calgary and Grande Prairie join an Edmonton station that opened last year and together form the start of what is...

FILE PHOTO: New York City Comptroller Brad Lander speaks during the National Action Network National Convention in New York, U.S., April 12, 2023. REUTERS/Jeenah Moon/File Photo
BusinessCoalEconomyIndustryLiquefied Natural GasNatural GasNewsOilPoliticsRegulationsTrade

NYC comptroller Lander to end private market fossil fuel investments

If approved, the plan would bar future investments in pipelines and LNG terminals in the funds' private equity portfolios.

FILE PHOTO: The Chrysler Airflow concept is displayed at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
EconomyElectionsElectric Vehicles (EVs)IndustryNewsPoliticsTrade

US working ‘as fast as we can’ to finalize EV conversion grants: official

The U.S. Energy Department is quickly finalizing $1.7B in grants to help GM and Stellantis convert plants for EV production.

FILE PHOTO: Charging plugs for electric vehicles (EV) are pictured at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AnalysisBusinessEconomyElectric Vehicles (EVs)IndustryPoliticsTradeTransport

Shift to electric vehicles will have far-reaching impact, IMF says

The global transition toward electric vehicles will have "far-reaching" impacts on investment, production, trade and employment, says IMF.

FILE PHOTO: The logo of  copper miner Freeport-McMoRan Inc is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022. REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsEconomyMiningNewsTrade

Freeport-McMoRan beats Q3 profit estimates

Miner Freeport-McMoRan reports third-quarter profit beating estimates as higher copper prices help offset production drop.

A sign for the Nucor Steel Mill, under construction, is seen in Sedalia, Missouri, U.S., October 3, 2018. Picture taken October 3, 2018. REUTERS/Lawrence Bryant/File Photo
BusinessEconomyGreen SteelIndustryInfrastructureManufacturingNewsTrade

Steelmaker Nucor’s third-quarter profit dented by impairment charges

U.S. steelmakers are facing a sluggish pricing environment as distributors hold back on purchases beyond immediate inventory needs.

FILE PHOTO: The Department of Commerce building is seen before an expected report of new home sales numbers in Washington, U.S., January 26, 2022.      REUTERS/Joshua Roberts/File Photo
BusinessEconomyElectricityNewsPoliticsRegulationsSolarTrade

Cambodian solar firms no longer cooperating with US tariff probe

Two Cambodian solar firms exit U.S. trade probe, risking penalties in a case alleging underpriced solar panel imports.

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityManufacturingSolarStorage

US set to award Hemlock Semiconductor $325 million for polysilicon production

The U.S. is awarding $325M to Hemlock Semiconductor to boost polysilicon production, securing the chips supply chain.

FILE PHOTO: People walk in front of India Gate on a smoggy morning in New Delhi, India, December 18, 2023. REUTERS/Sahiba Chawdhary/File Photo
CoalEconomyElectricityEmissionsEnvironmentNewsPoliticsRegulations

Indian policy body calls for power plants to pause installing sulphur reducing gear

India's top policy think tank has proposed halting the installation of equipment to reduce sulphur emissions at coal plants, sparking debate over air...

A man walks past the logo of Spanish oil major Repsol outside its headquarters in Madrid, Spain, December 26, 2023. REUTERS/Susana Vera/ File Photo
BusinessEconomyHydrogenNewsOilPolitics

Repsol freezes green hydrogen projects in Spain

MADRID (Reuters) – Spanish oil major Repsol has put on hold planned green hydrogen projects in Spain with an electrolysis capacity of 350...

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