Friday, 21 February 2025

International

FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov/File Photo
BusinessNewsOilPoliticsTrade

OPEC+ likely to stick to oil output hike plan, sources say

By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova LONDON (Reuters) -OPEC+ agreed to stick to its policy of gradually raising oil output...

FILE PHOTO: Wind turbines are surrounded by fog at a wind farm in the mountains of Galicia region, near Vilalba, Spain March 20, 2024. REUTERS/Nacho Doce/File Photo
ClimateElectricityEmissionsFuelHydrogenInfrastructureNewsSolarStorageTransmissionUtilitiesWind

Global energy transition investment exceeded $2 trln last year, report shows

Global investment in low-carbon energy transition exceeded $2 trillion for the first time last year, a report by BloombergNEF showed.

DeepSeek is raising questions about how much energy AI needs (GETTY IMAGES NORTH AMERICA)
ElectricityNewsUtilities

DeepSeek breakthrough raises AI energy questions

Having shattered assumptions in the tech sector and beyond about the cost of artificial intelligence, Chinese startup DeepSeek’s new chatbot is now roiling...

FILE PHOTO: Brazil's Minister of Environment Marina Silva and Brazil's President Luiz Inacio Lula da Silva greet Brazil's Ambassador Andre Correa do Lago while he's announced as President of the UN climate conference COP30, at the Planalto Palace in Brasilia, Brazil, January 21, 2025. REUTERS/Ueslei Marcelino/File Photo
AnalysisClimateClimate FinanceEmissionsPolitics

COP30 in Brazil set to spotlight developing countries’ climate finance needs

COP30 host Brazil urges rich nations to boost climate funds amid U.S. Paris exit; $300B pledged falls short of $1.3T needed.

FILE PHOTO: A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel//File Photo
BusinessNewsOilPoliticsTrade

India says sanctioned Russian oil tankers can discharge before Feb 27

By Nidhi Verma NEW DELHI (Reuters) – The United States has clarified to India that tankers loaded with Russian oil have to discharge...

FILE PHOTO: A logo of BMW is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
BusinessElectric Vehicles (EVs)NewsPoliticsTrade

BMW joins Chinese EV makers in filing EU court challenge to tariffs

BMW has joined Chinese producers in filing a challenge at the Court of Justice of the European Union against EU tariffs on China-made...

FILE PHOTO: Suntory Holdings CEO Takeshi Niinami who is also the Chairperson of Japan Association of Corporate Executives, also known as Keizai Doyukai in Japan, speaks during a Reuters Newsmaker event in Tokyo, Japan September 11, 2024.  REUTERS/Issei Kato/File Photo
ElectionsManufacturingNewsTrade

Japan firms must prepare for Trump tariff fallout, Suntory chief says in Davos

Japanese companies remain bullish about investing in the U.S. but need to prepare for supply chain shocks.

FILE PHOTO: Special envoy to the United Nations for climate change Michael Bloomberg speaks during the One-on-One discussion panel with International Monetary Fund (IMF) Managing Director Christine Lagarde on side of the IMF/World Bank spring meeting in Washington, U.S., April 19, 2018. REUTERS/Yuri Gripas/File Photo
ClimateClimate FinanceEmissionsNewsPolitics

Bloomberg philanthropy to cover U.S. climate dues after Paris withdrawal

By Valerie Volcovici WASHINGTON (Reuters) -Former New York Mayor Michael Bloomberg’s philanthropy arm said on Thursday it will provide funding to help cover...

FILE PHOTO: A driver holds his hands just underneath the steering wheel during a live-demonstration of Aptiv's self-driving vehicle in Las Vegas, Nevada, U.S., January 7, 2018.  REUTERS/Alexandria Sage/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Aptiv to separate electrical distribution systems business

By Nathan Gomes (Reuters) -Aptiv said on Wednesday it would separate its electrical distribution systems (EDS) business into a new company, as it...

'I believe that many countries will continue moving in the direction of green energy,' said Saulo (AFP)
ClimateNewsPolitics

Global green energy push likely to continue despite Trump climate retreat: UN

Donald Trump’s decision to withdraw the United States from the Paris climate agreement should not slow the global momentum towards renewable energy investments...

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