Tuesday, 22 April 2025

Focus on Trade

FILE PHOTO: A solar field is seen on site at First Solar in Perrysburg, Ohio July 8, 2022.  Picture taken with drone. REUTERS/Megan Jelinger/File Photo
BusinessCourtsElectricityNewsRegulationsSolarTrade

First Solar says several large rivals are infringing on patents

First Solar claims patent infringements by rivals, notifying Canadian Solar, JA Solar, Longi, Jinko, and Trina via attorney letters.

US President Joe Biden played up his administration's efforts to modernize US infrastructure as he unveiled funding towards ports (AFP)
BusinessElectionsEmissionsIndustryInfrastructureMaritimeNewsPoliticsTradeTransport

Biden unveils $3 bn to reduce carbon emissions at US ports, takes aim at Trump

Biden unveils $3 billion port infrastructure boost, touts clean tech benefits and criticizes Trump a week before Election Day.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
AnalysisBusinessElectric Vehicles (EVs)PoliticsTrade

Explainer: What happens as EU concludes investigation of Chinese-made EVs?

The EU formally approved imposing tariffs on Chinese-made EVs on Tuesday after an investigation that has divided the bloc.

Extra duties on imports of electric vehicles from China are due to enter into force on Thursday (AFP)
BusinessEconomyElectric Vehicles (EVs)LegislationNewsPoliticsRegulationsTrade

EU adopts extra tariffs of up to 35.3% on Chinese EVs

The EU will impose new tariffs on Chinese electric cars after a probe found unfair subsidies, risking trade tensions with Beijing.

FILE PHOTO: Members of the press and the general public check out the Atto 3 electric SUV made by Chinese carmaker BYD, at the Fully Charged Live electric vehicle trade show in Farnborough, Britain, April 28, 2023. REUTERS/Nick Carey/File Photo
BusinessElectric Vehicles (EVs)IndustryNewsRegulationsTrade

European car safety agency snubs BYD’s Atto 3 driver assistance system

MILAN — Europe’s car safety agency has issued a “not recommended” rating to the driver assistance system used in BYD’s Atto 3 EV,...

FILE PHOTO: Signage is seen outside a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/File Photo
BusinessEconomyNewsOilTrade

BP third quarter profit slumps to $2.3 billion as oil demand sags

The 30 per cent drop in profits from a year earlier comes amid a slowdown in global economy activity and oil demand, particularly...

FILE PHOTO: A Polestar logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)ManufacturingNewsPoliticsTrade

Biden proposal would ‘effectively prohibit’ sale of Polestar cars in US, automaker says

Polestar stated that a proposed Biden rule banning Chinese vehicle tech would "effectively prohibit" its sales in the US.

FILE PHOTO: A Ford F-150 pickup truck is seen on the assembly line at Dearborn Truck Plant in Dearborn, Michigan, U.S.  April 11, 2024.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)ManufacturingNewsTrade

Automaker Ford weakens profit outlook, shares fall

Ford Motor expects to meet only the lower end of its profit guidance, forecasting $10 billion in earnings, as shares drop five per...

FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020.  REUTERS/Adrees Latif/File Photo
EconomyNewsOilPoliticsTrade

US seeks up to three million barrels of oil for emergency reserve

The U.S. seeks up to three million barrels for the Strategic Petroleum Reserve, but funding issues may limit future purchases.

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo
EconomyElectric Vehicles (EVs)NewsPoliticsTrade

China again warns EU against separate talks with EV makers

China renewed warnings that if the EU conducts separate talks with EV companies while in dialogue with China, that would erode trust.

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