Focus on Trade
Austria to be cut off from Russian gas from Saturday
Russia's Gazprom has told Austria that it is suspending gas deliveries from Saturday, a gas flow monitoring platform reported on Friday.
Analysis: COP29 talks struggle in a year of climate stress and global bickering
COP29 in Baku faces stalled climate finance talks as global tensions, host conflicts, and Trump’s reelection shadow progress.
Australia eyes US climate policy shift for green energy boost
Australia is competing for global investment to build its clean energy sector, including critical minerals processing.
Applied Materials forecasts quarterly revenue below estimates on weak demand
Applied Materials projects Q1 revenue below forecasts amid weak demand outside AI chips, export curbs, and competitive pressures.
Kia sees near-term market challenges but sticks to 1.6 million annual EV sales target by 2030
"We're not pushing volume to market. Especially this year, the market is changing very rapidly and there are so many uncertainties."
Offshore wind cable maker Nexans says it might turn US plant into export hub
Nexans may turn its U.S. plant into an export hub to Europe if Trump’s policies challenge U.S. offshore wind projects.
Vietnam’s renewable energy policy is spurring decarbonization of global brands
Vietnam’s new Direct Power Purchase Agreement enables global brands to decarbonize supply chains by sourcing renewable energy.
Biden officials ask EU to align methane rules with US to ease LNG flows, letter says
Biden asks EU to accept U.S. LNG meeting U.S. methane rules as meeting EU standards.
China says TSMC chip curbs undermine interests of Taiwan companies
China's Taiwan Affairs Office says U.S. chip order on TSMC harms Taiwan firms' interests, heightening Taiwan Strait tension.
UN carbon market inches closer after COP29 agreement
The UN-backed carbon market moves closer, with COP29 nations setting new standards to ensure transparency and project credibility.
