Friday, 18 April 2025

Focus on Trade

A man walks near a Tesla car at a charging station outside a store of the electric vehicle (EV) maker in Beijing, China January 4, 2024. REUTERS/Florence Lo/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

Tesla sells 21,900 EVs in China in first week of Dec, the highest in Q4

The rare weekly sales disclosure came after Tesla logged its best month in the Chinese market this year with sales exceeding 73,000 in...

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.

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.

FILE PHOTO: A view of the Amazon rainforest at Yasuni National Park, during a tour led by Indigenous Waorani people in the Pastaza province, in Ecuador, July 29, 2023. REUTERS/Karen Toro/File Photo
BiodiversityClimateClimate FinanceEmissionsEnvironmentIndigenousNewsRegulationsTrade

Ecuador’s $1 billion bond buyback to fund Amazon conservation

Ecuador launches $1B bond buyback to fund Amazon conservation, leveraging new 2042 bond at 6.034% yield, IFR reports.

FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018.  REUTERS/Heather Somerville/File photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

GM to exit Cruise robotaxi business

Automaker General Motors said on Tuesday its majority-owned Cruise business will drop the development of robotaxis.

FILE PHOTO: A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan U.S., September 16, 2024.  REUTERS/Rebecca Cook/File Photo
BusinessEconomyGreen SteelIndustryInfrastructureManufacturingNewsPoliticsRegulationsTrade

Biden plans to block Nippon Steel purchase of US Steel, Bloomberg News reports

President Biden plans to block Nippon Steel's $15B U.S. Steel takeover on national security grounds, Bloomberg reports.

FILE PHOTO: A view of a lithium mine in Yichun, Jiangxi province, China March 30, 2023. REUTERS/Staff/File Photo
AnalysisBusinessCritical MineralsEconomyElectric Vehicles (EVs)ElectricityIndustryMiningPoliticsSemiconductorStorageTrade

Analysis: Lithium supply surplus set to stay with battery makers’ help

Global lithium oversupply persists as Chinese-backed mines defy weak prices, sustaining EV battery production but hurting profits.

AnalysisAutomotiveBuildingsBusinessClimateConstructionEmissionsGreen SteelIndustryInfrastructureManufacturingOpinionRegulationsTrade

Collaboration on steel and cement emissions standards is crucial for global markets

For industry, interoperable standards can provide a common language to facilitate global markets and help accelerate the energy transition.

Although gasoline vehicles do not call for graphite, electric vehicles (EVs) require an average of 136 pounds (61.7 kilograms) of the material, CSIS said (AFP)
Critical MineralsElectric Vehicles (EVs)IndustryNewsPoliticsSemiconductorTradeTransport

US clean energy, defense to be impacted by China export curbs

Beijing announced this week it would ban exports of gallium, germanium and antimony to the US, targeting materials used in climate tech.

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
FuelLiquefied Natural GasNatural GasNewsPoliticsTrade

No concerns over Trump vow to lift LNG exports cap, Qatar energy minister says

Trump has said he will ease restrictions on the U.S. energy industry when he comes into power.

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