Sunday, 25 May 2025

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FILE PHOTO: An OPEC flag is seen on the day of OPEC+ meeting in Vienna  in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File Photo
BusinessEconomyNewsOilPoliticsTrade

OPEC+ wary of renewed US oil output rise under Trump, sources say

OPEC+ is concerned about rising U.S. oil output with Trump's return, fearing it will erode their market share and impact prices.

FILE PHOTO: A missile is launched during an exercise of the Islamic Revolutionary Guards Corps (IRGC) navy in the south of Iran, in this picture obtained on January 17, 2023. IRGC/WANA (West Asia News Agency)/Handout via REUTERS/File Photo
BusinessNewsOilPoliticsTrade

Iran’s Revolutionary Guards extend control over Tehran’s oil exports, sources say

Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports of Iranian oil.

FILE PHOTO: An artisanal miner washes tin ore before it is bagged up and weighed, ready to be transported to the nearest major town for export in the Kalimbi tin mine near the small town of Nyabibwe, east Congo, October 31, 2012. REUTERS/Jonny Hogg/File Photo
BusinessCourtsCritical MineralsNewsPoliticsTrade

Apple says it has told suppliers to stop buying minerals from Congo

Apple told suppliers their smelters and refiners must stop buying tin, tantalum, tungsten and gold from the DRC and Rwanda as conflict has...

FILE - Energy Secretary Jennifer Granholm talks during a session at the COP29 U.N. Climate Summit Nov. 15, 2024, in Baku, Azerbaijan. (AP Photo/Rafiq Maqbool)
BusinessCourtsElectionsEmissionsLiquefied Natural GasNatural GasNewsPoliticsTrade

U.S. Energy chief Granholm warns against ‘unfettered exports’ of liquefied natural gas

U.S. Energy Secretary Jennifer Granholm says a "business-as-usual approach" to LNG exports is "neither sustainable nor advisable."

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
ClimateEconomyEnvironmentLiquefied Natural GasNewsRegulationsTrade

Biden administration releases LNG export study, urging caution on new permits

The Biden administration's study on LNG exports warns of increased emissions and potential price hikes, advocating for cautious permitting.

Honda's electric vehicle (EV) e:NS2 is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

Honda aims to double hybrid car sales by 2030 as ‘bridge’ to EV era

Honda plans to double hybrid car sales to 1.3 million annually by 2030, using hybrids as a bridge until EVs gain traction.

Canada's Prime Minister Justin Trudeau speaks at the Laurier Club holiday party in Gatineau, Quebec, Canada, December 16, 2024.  REUTERS/Patrick Doyle/File photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityIndustryInfrastructureNewsRegulationsSolarTrade

Canada to impose more tariffs on import of Chinese solar, critical minerals in new year

Canada plans new tariffs on Chinese solar products and critical minerals in 2025, expanding existing duties on EVs and steel imports.

FILE PHOTO: People walk next to the N.13 gate of the Franco-Italian automaker Stellantis factory of Mirafiori, in Turin, Italy October 15, 2024. REUTERS/Remo Casilli/File Photo
AutomotiveBusinessEconomyIndustryManufacturingNewsTrade

Fiat owner Stellantis launches upbeat plan to boost manufacturing in Italy

Stellantis plans to produce a new mass-market model in Italy, boosting hybrid production amid improving relations with the government.

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
AutomotiveAviationBiodiversityBusinessClimateEconomyEmissionsEnvironmentIndigenousIndustryLegislationNewsRegulationsResiliencyTradeTransportWeather

EU Parliament gives final approval to deforestation law delay

The EU Parliament approved a one-year delay for its deforestation law, set to ban imports linked to forest destruction starting in 2025.

FILE PHOTO: The Tesla logo is seen through a charging station outside a store of the electric vehicle (EV) maker in Beijing, China January 4, 2024. REUTERS/Florence Lo/File Photo
BusinessElectric Vehicles (EVs)IndustryNewsPoliticsRegulationsTrade

China resident who stole Tesla trade secrets gets 2-year US sentence

Klaus Pflugbeil was sentenced to 24 months in U.S. prison for stealing Tesla trade secrets for his EV battery business in China.

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