Focus on Trade
COP29 host Azerbaijan launches climate fund, seeks fossil-fuel producer support
Azerbaijan, host of COP29, announced a $1 billion climate fund for developing nations, funded by 10 fossil-fuel producers and oil companies, aiming to...
Chinese industry body tells EU to correct its findings on EVs
EU tariffs on EVs built in China breach global trading rules, according to an industry body representing 12 Chinese automakers.
EU to set tariffs on Chinese biodiesel in anti-dumping probe
The EU is set to impose provisional duties on Chinese biodiesel after finding it is being sold in EU markets at unfairly low...
Chinese wind turbine-makers move into Europe as trade tensions flare
Chinese wind turbine makers this month clinched their first order in Germany, as they build momentum in the European market
Trinidad’s court reaffirms recognition of ConocoPhillips’ claim against Venezuela
The decision allows ConocoPhillips to enforce a $1.33 billion claim against Venezuela, potentially freezing payments for joint gas projects.
Price of China’s strategic germanium hits record high on possible state buying
Prices of germanium, a strategic metal key to chipmaking, hit a record high on Wednesday in top producer China
Serbia eyes lithium deals with Mercedes, Stellantis, VW, president says
Serbia will give Mercedes-Benz, VW and Stellantis the opportunity to purchase lithium for car batteries as they prioritise EU carmakers
US unveils Americas-wide plan to boost semiconductor production
Blinken announces Americas' initiative to expand semiconductor industry, beginning with Mexico, Panama, and Costa Rica.
US imports of Canadian crude hits record high following TMX startup
US imports of crude oil from Canada rose last week to its highest on record, data from the Energy Information Administration showed
South Korea’s KHNP wins multi-billion-dollar Czech nuclear tender
South Korean power giant KHNP has won a tender worth billions of dollars to build two nuclear units at a Czech power plant
