Focus on Economy
Elon Musk now says he opposes US tariffs on Chinese EVs
Tesla founder Elon Musk told tech investors in Paris on Thursday that he was against tariffs on Chinese electric vehicles, intended to boost...
Myanmar may revive Chinese hydroelectric dam plan axed in 2011
Amid power cuts, $3.6bn Myanmar dam project could be reconsidered years after it was suspended due to environmental concerns.
Canada Infrastructure Bank lends $75M to B.C. ferry service for zero-emission vessels
Canada Infrastructure Bank says the loan will cover the higher upfront costs of the four ferries compared with diesel, including the necessary charging...
Canada amending Trans Mountain ownership regulations to help pipeline sale
Canada is amending regulations on how it manages the state-owned Trans Mountain oil pipeline in order to facilitate its sale to Indigenous groups,...
Macron urges TotalEnergies to stay in France after talk of US listing
French President Emmanuel Macron has urged oil giant TotalEnergies to remain in France after news of the company's potential US listing
Oil executives to host Trump fundraiser in Houston
Drillers tend to back Donald Trump’s pro-fossil fuel and anti-regulation agenda and have been critical of President Joe Biden’s efforts to phase out...
Biden releasing 1 million barrels of gasoline from Northeast reserve in bid to lower prices at pump
The Biden administration said Tuesday it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a...
Natural disasters hit 1 in 5 US adults’ finances in 2023: Fed
The U.S. Federal Reserve's annual report into the economic wellbeing of American households found that 19 percent of adults reported being financially affected...
Suncor not rushing to secure additional supply for Base Plant oilsands facilities
Suncor Energy Inc. says it will be more than five years before it makes any significant investments to secure additional bitumen supply to...
Scots to share £5.5m fund to improve climate change resilience
The funding, which has been made available for 2024-25, will support 20 community hubs which are taking on bespoke projects, including energy generation...
