Thursday, 23 January 2025

Focus on Trade

FILE PHOTO: The mountains Brunegghorn, Bishorn and Weisshorn are pictured from Belalp, Switzerland, September 4, 2019.  REUTERS/Denis Balibouse/File Photo
BusinessClimateEconomyEmissionsEnvironmentIndustryInfrastructureRegulationsTrade

Global regulators quiz banks amid climate-risk tussle, sources say

Global banking regulators are probing banks' climate risk management practices, seeking consensus amid varied approaches.

FILE PHOTO: New York City Comptroller Brad Lander speaks during the National Action Network National Convention in New York, U.S., April 12, 2023. REUTERS/Jeenah Moon/File Photo
BusinessCoalEconomyIndustryLiquefied Natural GasNatural GasNewsOilPoliticsRegulationsTrade

NYC comptroller Lander to end private market fossil fuel investments

If approved, the plan would bar future investments in pipelines and LNG terminals in the funds' private equity portfolios.

FILE PHOTO: The Chrysler Airflow concept is displayed at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
EconomyElectionsElectric Vehicles (EVs)IndustryNewsPoliticsTrade

US working ‘as fast as we can’ to finalize EV conversion grants: official

The U.S. Energy Department is quickly finalizing $1.7B in grants to help GM and Stellantis convert plants for EV production.

FILE PHOTO: Charging plugs for electric vehicles (EV) are pictured at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AnalysisBusinessEconomyElectric Vehicles (EVs)IndustryPoliticsTradeTransport

Shift to electric vehicles will have far-reaching impact, IMF says

The global transition toward electric vehicles will have "far-reaching" impacts on investment, production, trade and employment, says IMF.

FILE PHOTO: The logo of  copper miner Freeport-McMoRan Inc is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022. REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsEconomyMiningNewsTrade

Freeport-McMoRan beats Q3 profit estimates

Miner Freeport-McMoRan reports third-quarter profit beating estimates as higher copper prices help offset production drop.

Ontario Minister of Education Stephen Lecce delivers remarks at Lakeshore Collegiate Institute in Toronto on August 31, 2023. Ontario Energy Minister Stephen Lecce says he wants the province's electricity system to not just be able to meet an expected 75-per-cent increase in demand, but to exceed it and be able to sell excess power to other jurisdictions. THE CANADIAN PRESS/Spencer Colby
BusinessElectricityEmissionsNewsNuclear PowerSmall Modular ReactorsTrade

Ontario aiming to become energy superpower, Energy Minister Stephen Lecce says

Ontario's energy minister aims for the province's electricity system to exceed a projected 75% demand increase and sell excess power.

FILE PHOTO: Volkswagen logo is illuminated on a production line for the Golf VIII and Tiguan cars at the VW headquarters in Wolfsburg, Germany May 23, 2024. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FuelNewsTrade

Hybrids top petrol power for first time in EU new car sales, ACEA says

Hybrids overtook petrol-powered vehicles in EU new car sales for the first time in September, industry data showed on Tuesday.

FILE PHOTO: ASML headquarters is seen in Veldhoven, Netherlands August 30, 2018. REUTERS/Piroschka van de Wouw//File Photo
BusinessCritical MineralsManufacturingNewsPoliticsTrade

ASML expects growth in 2026, US-China row to continue, CEO says

ASML's CEO expects growth in 2026 despite U.S. export pressure on China, as 2025 faces slower sales outside of AI chips.

A sign for the Nucor Steel Mill, under construction, is seen in Sedalia, Missouri, U.S., October 3, 2018. Picture taken October 3, 2018. REUTERS/Lawrence Bryant/File Photo
BusinessEconomyGreen SteelIndustryInfrastructureManufacturingNewsTrade

Steelmaker Nucor’s third-quarter profit dented by impairment charges

U.S. steelmakers are facing a sluggish pricing environment as distributors hold back on purchases beyond immediate inventory needs.

FILE PHOTO: A screen displays the logo for WisdomTree following its debut on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 7, 2022. REUTERS/Brendan McDermid/File Photo
BusinessCoalEmissionsEmissions MarketsLegislationNatural GasNewsRegulationsTrade

WisdomTree pays $4 million over SEC greenwashing charges

WisdomTree pays $4M to settle SEC charges over misstatements in ESG funds, which included fossil fuel and tobacco investments.

Login into your Account

Please login to like, dislike or bookmark this article.