Saturday, 22 February 2025

International

FILE PHOTO: Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOilPoliticsTrade

Middlemen have halted Russian oil cargo offers after US sanctions, Indian refiner says

By Nidhi Verma NEW DELHI (Reuters) – Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers,...

FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo
BusinessFuelNatural GasNewsOilPoliticsTrade

Citi raises average 2025 oil price forecasts, citing geopolitical risks

Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran.

FILE - President Donald Trump talks about the Endurance all-electric pickup truck, made in Lordstown, Ohio, at the White House, Sept. 28, 2020, in Washington. (AP Photo/Evan Vucci, File)
AnalysisElectric Vehicles (EVs)Politics

What’s next for EVs under President Trump?

WASHINGTON (AP) — President Donald Trump signed an executive order promising to eliminate what he incorrectly labels “the electric vehicle mandate” imposed under...

FILE PHOTO: President and CEO of Saudi's Aramco, Amin H. Nasser, speaks during the Future Investment Initiative (FII) in Riyadh, Saudi Arabia October 29, 2024. REUTERS/Hamad I Mohammed/File Photo
BusinessEconomyNewsOil

Exclusive: Aramco chief tells Davos he expects additional oil demand of 1.3 million bpd this year

By Marwa Rashad DAVOS, Switzerland (Reuters) -Saudi oil giant Aramco’s Chief Executive Amin Nasser said on Tuesday he sees the oil market as...

FILE PHOTO: The Federal Reserve building is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Photo
AnalysisClimateFinance

Central banks’ green push hits a hurdle as Fed drops out

A global effort by central banks to join the fight against climate change has hit a major hurdle with the U.S. Federal Reserve's...

FILE PHOTO: A view shows aluminium bars produced at the Krasnoyarsk Aluminium Smelter (KrAZ) of Rusal in the Siberian city of Krasnoyarsk, Russia July 17, 2024. REUTERS/Alexander Manzyuk/File Photo
BusinessIndustryInfrastructureNews

Column: Global aluminium market faces a year of trade turbulence

It's going to be a busy year for aluminium traders as the global market navigates multiple geopolitical storms.

FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, November 20, 2012.   REUTERS/Arnd Wiegmann/File Photo
BusinessCritical MineralsNews

Glencore open to deals as investors brace for more mining M&A

Glencore said it is open to M&A transactions that create value for its shareholders, leveraging its position as a top three global copper...

FILE PHOTO: A worker checks copper rods at Truong Phu cable factory in northern Hai Duong province, outside Hanoi, Vietnam in this file photo from August 11, 2017. REUTERS/Kham/File Photo
BusinessCritical MineralsMiningNewsTrade

Copper market sees half chance of 10% US tariff by first quarter-end, Goldman says

The copper market is pricing in odds of about 50% that there will be a 10% U.S. tariff on the metal by the...

Indonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals (AFP)
BusinessCoalElectricityEmissionsEmissions MarketsEnvironmentNewsRegulationsSolarVoluntary Carbon Markets (VCMs)Wind

Indonesia launches international carbon exchange

Indonesia launches a carbon exchange for global buyers, seeking funds to achieve ambitious climate goals.

A view shows the Canoo logo on a Canoo LV (Lifestyle Vehicle) electric vehicle outside a manufacturing site in Livonia, Michigan, U.S. November 29, 2022. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

EV startup Canoo files for bankruptcy, to cease operations

The EV startup has been facing rapid cash burn and a struggle to secure funding amid uncertain demand.

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