Thursday, 6 February 2025

Focus on Regulations

FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 25, 2024. REUTERS/Gonzalo Fuentes/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsRegulations

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors’ Cruise exit

Microsoft to take $800M hit from Cruise shutdown, reflecting tech industry's struggles with autonomous vehicle investments.

FILE - Trucks line up to enter a Port of Oakland shipping terminal on Nov. 10, 2021, in Oakland, Calif. (AP Photo/Noah Berger, File)
AutomotiveClimateElectric Vehicles (EVs)EmissionsEnvironmentIndustryLegislationNewsPoliticsRegulationsTransport

EPA awards $144 million to California to phase out big diesel trucks

EPA grants $144M to CA for zero-emission trucks, targeting diesel pollution and climate change in transportation sector.

Matt Lengerich, Executive General Manager- Mining at Jervois Global, speaks during the Reuters NEXT conference, in New York City, New York, U.S., December 11, 2024. REUTERS/Brendan McDermid
AnalysisBusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryLegislationMiningPoliticsRegulationsTrade

U.S. cobalt miner to Trump: use tariffs as ‘scalpel’ not ‘sledgehammer’

Jervois exec urges Trump to use surgical tariffs to aid U.S. mining, boost critical mineral supply chains amid Chinese competition.

AnalysisEconomyElectricityInfrastructureLegislationPoliticsRegulationsSolarUtilities

In Michigan and Wisconsin, cities are finding rooftops alone may not achieve solar energy goals 

Kalamazoo, Grand Rapids, Milwaukee, and Madison adopt utility-scale solar, blending partnerships and rooftop projects for clean energy.

EU conservatives want the bloc to shift into reverse on its rule to phase out the sale of new combustion engine vehicles in 2025 (AFP)
AutomotiveBusinessClimateEconomyEmissionsEnvironmentFuelLegislationLiquefied Petroleum GasNatural GasNewsOilPoliticsRegulationsTransport

EU conservatives seek to stall 2035 combustion engine ban

EU's conservative bloc seeks to reverse 2035 combustion engine ban, citing automotive industry challenges and economic concerns.

FILE PHOTO: Hungary's Foreign Minister Peter Szijjarto speaks to delegates during a meeting of the United Nations Security Council at the United Nations Headquarters in New York City, U.S., July 16, 2024. REUTERS/Eduardo Munoz/File Photo
BusinessEconomyNatural GasNewsPoliticsRegulationsTrade

Hungary, Slovakia seek to overcome US sanctions impact on Russian gas payments

Hungary, Slovakia scramble to pay Russian gas amid US sanctions on Gazprombank, risking potential suspension of critical energy supplies.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo/File Photo/File Photo
AnalysisBusinessEconomyIndustryInfrastructureManufacturingPoliticsRegulationsTrade

Explainer: What next for Nippon Steel and US Steel’s $15 billion mega-merger?

U.S. Steel's $15B Japanese takeover hangs in the balance as Biden weighs national security risks amid political pushback.

FILE - Cattle walk along an illegally deforested area in an extractive reserve near Jaci-Parana, Rondonia state, Brazil, July 12, 2023. (AP Photo/Andre Penner, File)
BiodiversityBusinessClimateClimate FinanceEmissionsEnvironmentIndigenousNewsRegulations

Brazilian beef and leather companies fall short in tackling deforestation, a study finds

Brazil's beef industry fuels Amazon deforestation, with 80 per cent of top companies failing to stop rainforest destruction.

The deal worth $14.9 billion including debts is being reviewed in Washington (AFP)
BusinessEconomyIndustryInfrastructureManufacturingNewsPoliticsRegulationsTrade

Nippon Steel slams ‘inappropriate’ politics in US deal

Nippon Steel issued the statement in response to a news report suggesting that President Biden might block its acquisition of US Steel.

Indonesia has pledged to phase out coal power in 15 years and reach net-zero emissions by mid-century (AFP)
AnalysisBiofuelsClimateCoalEconomyElectricityEmissionsEnvironmentGeothermalIndustryNuclear PowerPoliticsRegulationsUtilities

Indonesia’s new coal phase-out goal sets ‘daunting task’

Meeting Indonesia's pledge to phase out coal power is a daunting task that will require immediate and ambitious action, experts warn.

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