Monday, 31 March 2025

Focus on Govt of Italy

FILE PHOTO: The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, September 16, 2016. Picture taken September 16, 2016. REUTERS/Luc Gnago/File Photo
Climate FinanceNewsPolitics

Italy and African Development Bank sign $420 million co-financing deal

The deal is part of Italy's €6b Mattei plan to boost African development.

Attila Steiner, Hungarian presidency of the council of the EU, speaks during a plenary session at the COP29 U.N. Climate Summit, Tuesday, Nov. 19, 2024, in Baku, Azerbaijan. (AP Photo/Peter Dejong)
AnalysisClimateClimate FinanceEmissionsEnvironmentIndigenousPoliticsRegulationsUnited Nations

Trump’s against climate action. But some right-wing governments are all for it

European right-wing leaders embrace climate action as economic opportunity, contrasting U.S. fossil fuel-driven skepticism under Trump.

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPolitics

Stellantis again pauses Italy plants as minister wants new investments

Stellantis pauses production at two Italian plants amid EV challenges, as Rome demands clear investment plans to secure jobs.

AtkinsRéalis Group Inc. has announced a deal to build two new Candu nuclear reactors in Romania. AtkinsRealis headquarters are seen in Montreal, Friday, Nov. 10, 2023. THE CANADIAN PRESS/Christinne Musch
BusinessElectricityNewsNuclear Power

AtkinsRéalis wins contract to build two new Candu reactors in Romania

AtkinsRéalis Group Inc. has announced a deal to build two new Candu nuclear reactors in Romania.

FILE PHOTO: A screen displays the company logo for Stellantis N.V. on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  REUTERS/Brendan McDermid/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Stellantis pledges not to close plants or slash jobs in Italy

"Stellantis does not intend to close any plants in Italy, just as it has no intention of making collective redundancies."

FILE PHOTO: Omoda 5 EV manufactured by Chinese automaker Chery is displayed during an event to launch Omoda and Jaecoo cars on the Italian market in Milan, Italy, July 4, 2024. REUTERS/Daniele Mascolo/File Photo
AutomotiveElectric Vehicles (EVs)IndustryManufacturingNewsPoliticsTrade

Italy cuts automotive industry support to avoid funding cars made in China

Italy plans to cut 4.6 billion euros from auto industry funds to avoid supporting electric cars made in China, says minister.

FILE PHOTO: Cars are seen waiting in traffic on a road near Porta Nuova district in Milan, Italy, October 25, 2023. REUTERS/Claudia Greco/File photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceFuelLiquefied Petroleum GasNewsOilPolitics

Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says

The EU's five biggest members spend 42 billion euros annually subsidizing fossil-fuel company cars, according to a recent study.

FILE PHOTO: Chairman of the Board of Management of BMW AG Oliver Zipse attends an event at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FuelIndustryLegislationLiquefied Petroleum GasNewsPoliticsRegulationsTrade

BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China

BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.

FILE PHOTO: The logo of Westinghouse Electric Corp. is pictured at the World Nuclear Exhibition (WNE), the trade fair event for the global nuclear community in Villepinte near Paris, France, June 26, 2018. REUTERS/Benoit Tessier/File Photo
BusinessElectricityGreen SteelNewsNuclear FusionNuclear PowerRegulationsSmall Modular Reactors

Italy eyes Westinghouse, EDF as partners for nuclear-power firm: sources

Italy is considering Westinghouse or EDF as international partners for a state-backed company to build advanced nuclear reactors.

AutomotiveBusinessElectric Vehicles (EVs)NewsPolitics

Italy in talks with China’s Dongfeng and others over auto plant, minister says

Dongfeng, which is a partner of Stellantis in China, is launching its cars in Italy, starting with EV models of its Voyah brand.

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