Saturday, 14 June 2025

Focus on Economy

FILE PHOTO: QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi sits during a private interview with Reuters, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi/File Photo
AnalysisBusinessEconomyFuelLiquefied Natural GasPoliticsRegulationsTrade

Qatar LNG sales to key Asian markets confronted by US, UAE rivalry

Qatar struggles to secure new LNG deals with Japan and South Korea as competition rises from U.S. suppliers offering flexible terms.

FILE PHOTO: Cars are seen waiting in traffic on a road near Porta Nuova district in Milan, Italy, October 25, 2023. REUTERS/Claudia Greco/File photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceFuelLiquefied Petroleum GasNewsOilPolitics

Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says

The EU's five biggest members spend 42 billion euros annually subsidizing fossil-fuel company cars, according to a recent study.

FILE PHOTO: Employees work on the production line at a Baowu Group steel mill in Ezhou, Hubei province, China June 21, 2023. REUTERS/Amy Lv/File Photo
AnalysisBusinessEconomyIndustryInfrastructurePoliticsTrade

Analysis: Elevated China steel exports set to persist, threaten to worsen trade friction

Chinese steelmakers are set to boost exports in 2025 amid domestic overcapacity and weak demand, raising trade tensions globally.

US Treasury Secretary Janet Yellen said walling the United States off with tariffs on allies and rivals was "deeply misguided." (AFP)
BusinessEconomyIndustryNewsPoliticsRegulationsTrade

‘Deeply misguided’ to wall US off with tariffs: Yellen

Yellen warns broad, untargeted levies would raise costs for US households and make American businesses less competitive.

AnalysisEconomyElectric Vehicles (EVs)OpinionPolitics

Rebates for buying e-bikes and e-scooters are good but unlikely to greatly boost sustainable transport on their own

E-bike and e-scooter rebates help, but without more infrastructure, they won't significantly boost sustainable transport.

Ministers should consider raising taxes on petrol and diesel cars to reduce the ‘premium’ associated with electric vehicle (EV) purchases, an economic think thank said (Jacob King/PA)
BusinessEconomyElectric Vehicles (EVs)EmissionsFuelLiquefied Petroleum GasOilRegulationsReports

Raise taxes on petrol and diesel cars to reduce electric ‘premium’: UK think tank

Resolution Foundation urges tax hikes on petrol cars and EV charge cuts to close the price gap and boost electric vehicle adoption.

FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo
BusinessEconomyInfrastructureNatural GasNewsOilTransmission

Kinder Morgan misses quarterly profit estimates on weak prices, crude volumes

Kinder Morgan Q3 profit misses estimates due to weaker commodity prices and lower crude volumes; natural gas transport rose two per cent.

FILE PHOTO: Logged area is pictured near a site where environmental activists take action in the defence of one of the last primeval forests in Europe, Bialowieza forest, Poland May 24, 2017. REUTERS/Kacper Pempel/File Photo
ClimateEconomyEmissionsEnvironmentLegislationNewsPoliticsRegulationsResiliency

EU envoys agree implementation delay of deforestation law

EU ambassadors agreed on Wednesday to delay implementation of the bloc's landmark deforestation law by a year till the end of December 2025.

Vertu Motors has cautioned that the new car market is coming under pressure (Danny Lawson/PA)
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulations

Vertu Motors: Electric carmakers are slashing prices to meet emissions targets

The car dealership group said demand for battery electric vehicles (BEVs) is trailing behind supply, leading to widespread price cuts.