Sunday, 1 June 2025

Focus on Economy

Alberta Premier Danielle Smith speaks to reporters on the sidelines of the Canada Strong and Free Network event in Ottawa, on Friday, April 12, 2024. Alberta's government has launched a national ad campaign targeting the federal government's incoming emissions cap for the oil and gas sector. THE CANADIAN PRESS/Spencer Colby
BusinessEconomyNatural GasNewsOilPoliticsRegulations

Alberta govt launches $7M ad campaign against incoming federal emissions cap

The province's $7-million campaign claims federal regulations would make "groceries, gas and all of life’s necessities even more expensive."

Republican presidential candidate Donald Trump pushed back at arguments that tariffs would hike costs for consumers (AFP)
AutomotiveBusinessEconomyElectionsElectric Vehicles (EVs)ManufacturingNewsPoliticsTrade

Trump says ‘obnoxious’ tariffs will bring factories to US

Donald Trump says companies will drop plans to build factories overseas when faced with the threat of high tariffs on shipping goods to...

FILE PHOTO: Chairman of the Board of Management of BMW AG Oliver Zipse attends an event at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FuelIndustryLegislationLiquefied Petroleum GasNewsPoliticsRegulationsTrade

BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China

BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.

FILE PHOTO: EV cars are pictured inside BYD's first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024. REUTERS/Chalinee Thirasupa//File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

Global EV sales up 30.5% in September as China shines, Europe recuperates

Global sales of electric and plug-in hybrid vehicles grew 30.5 per cent in September, with China surpassing August records, per Rho Motion.

AnalysisEconomyElectricityResiliencySolarUtilities

Going off grid is a financial win for some, but it’s a threat for poorer families and the environment

The Conversation: Grid defection can lead to 'utility death spirals,' which can disadvantage both lower-income households and the environment.

Solar panels and man in hi-vis vest on rooftop
AnalysisBiofuelsBusinessEconomyHydropowerIndustryLabourOpinionReportsSolarWind

Renewable energy jobs saw record growth in 2023, led by China and solar PV

Global renewable energy employment reached 16.2 million jobs in 2023, primarily in solar and wind, highlighting the need for skills development.

FILE PHOTO: A view of the logo of German carmaker Volkswagen at the Volkswagen plant in Osnabrueck, Germany October 7, 2024. REUTERS/Thilo Schmuelgen/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceIndustryManufacturingNewsRegulationsTrade

Moody’s downgrades Volkswagen outlook to ‘negative’ due to operating weakness

Moody's cuts Volkswagen's outlook to "negative" citing weak performance, low volume growth, and restructuring challenges ahead.

FILE PHOTO: Solar panels are seen along with a view of the neighborhood and lower Manhattan from the rooftop of Timber House in the Park Slope neighborhood of Brooklyn, New York, U.S., August 16, 2022.  REUTERS/Brendan McDermid/File Photo
Carbon ManagementEconomyElectricityEmissionsFuelLegislationPoliticsRegulationsReportsSolarWind

Countries’ renewable energy plans fall short of target, says IRENA

Governments' renewable energy plans fall 34% short of the U.N. goal to triple capacity by 2030, says an IRENA report.

A glass of 20 year-old Cognac is seen at the Painturaud Freres wine cellar in Segonzac, France, October 9, 2024.  REUTERS/Lucien Libert
AnalysisBusinessEconomyElectric Vehicles (EVs)LegislationPoliticsRegulationsTrade

In France’s Cognac, Beijing and Brussels’ EV spat spells disaster

In Cognac, French brandy producers and dealers of Chinese-made EVs face challenges from EU tariffs and China's retaliatory measures.

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

Porsche’s nine-month China sales plunge by third

Porsche on Friday posted a 29 per cent nine-month sales drop in China, joining peers BMW and Mercedes in reporting weaker results in...

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