Monday, 21 April 2025

Focus on Trade

FILE PHOTO: A technician talks on his cell phone at the Photovoltaic Modules assembling plant of Adani Green Energy Ltd (AGEL), in Mundra, India, April 11, 2024. REUTERS/Amit Dave/File Photo
BusinessCourtsElectricityLegislationNewsRegulationsSolarTrade

Adanis knew of US probe when they sold bribe-linked assets to TotalEnergies, prosecutors say

Gautam and Sagar Adani sold a solar park stake to TotalEnergies despite U.S. bribery probe allegations, prosecutors claim.

FILE PHOTO: A man walks past the logo of Gazprombank during the Saint Petersburg international gas forum in Saint Petersburg, Russia September 15, 2022. REUTERS/Anton Vaganov/File photo
BusinessEconomyFuelLegislationNatural GasNewsOilPoliticsTrade

New U.S. sanctions probably spell end of EU energy payments through Russia’s Gazprombank

"EU payments for energy resources through Gazprombank will likely become impossible at the end of 2024," analysts say.

Indian Prime Minister Narendra Modi greets people holding Indian flags as he arrives in Guyana on November 19, 2024 (Prensa Pesidencial Guyana)
BusinessEconomyNewsOilRegulationsTrade

Indian PM Modi highlights interest in Guyana’s oil

India seeks oil from Guyana, citing rising energy needs, as the two nations sign agreements on energy, agriculture, and defense cooperation.

FILE PHOTO: A car is parked at the venue of the United Nations climate change conference, known as COP29, during a media tour ahead of the summit beginning in Baku, Azerbaijan November 8, 2024. REUTERS/Aziz Karimov/File Photo
AnalysisBusinessClimateClimate FinanceEconomyEmissionsEnvironmentIndustryPoliticsRegulationsTrade

Analysis: Trade demands clash with climate agenda at COP29 talks

Developing nations at COP29 decry trade barriers like the EU's carbon border levy, warning they hinder green transitions and climate equity.

FILE PHOTO: Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen/File Photo
BusinessCourtsElectricityNewsRegulationsSolarTrade

Billionaire Gautam Adani of India’s Adani Group indicted in US bribery case

Adani Group's Gautam Adani indicted in U.S. for $250M bribery scheme tied to $2B solar profits, deceiving investors, say prosecutors.

FILE PHOTO: A logo is pictured on the factory of STMicroelectronics in Plan-les-Oautes near  Geneva, Switzerland, December 6, 2016. REUTERS/Denis Balibouse/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsSemiconductorTrade

STMicro partners with Hua Hong as chipmakers need China, says CEO

STMicroelectronics partners with China's Hua Hong, citing local production as key to competing in the fast-evolving Chinese EV market.

Visitors look at a video about battery-powered ships in the showroom at the headquarters of Chinese EV battery maker CATL in Ningde, Fujian province.
Climate FinanceElectric Vehicles (EVs)EmissionsEnvironmentNewsPoliticsSolarTradeUnited Nations

As Trump returns, China seizes chance for climate mantle

With Trump expected to take the U.S. out of climate diplomacy, China positions itself as a global climate leader at COP29.

FILE PHOTO: Containers sit at a terminal at the Yangshan deepwater port during an organised media tour, in Shanghai, China October 10, 2024. REUTERS/Casey Hall/File Photo
BusinessEconomyLegislationNewsPoliticsRegulationsTrade

Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll

U.S. tariffs on China could hit 40 per cent in 2025, cutting up to one per cent off China's growth amid debt risks...

Smoke billows during a wild fire, in Leiria, Portugal July 13, 2022. REUTERS/Rodrigo Antunes/File Photo
AnalysisAviationBusinessClimateClimate FinanceEconomyEmissionsEnvironmentPoliticsRegulationsTradeUnited Nations

As COP29 eyes $1 trillion climate fund, some see new taxes as one way to get there

COP29 leaders eye $1T+ yearly for climate aid, exploring taxes on shipping, aviation, fossil fuels, crypto, and wealth to fund efforts.

FILE PHOTO: A general view of Northvolt facility in Skelleftea, Sweden is seen in this undated handout photo. Northvolt/Handout via REUTERS/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsTrade

Sweden has no plans to take stake in Northvolt, deputy PM says

Sweden won't invest in cash-strapped Northvolt, says Minister Ebba Busch, despite its strategic value in the EU's industrial competition.

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