Thursday, 27 February 2025

International

The ICJ will hear arguments about climate change from December (AFP)
ClimateCourtsEnvironmentNewsPoliticsUnited Nations

Top UN court to hold climate justice hearings in December

Highest UN court has announced hearings over a key climate justice case outlining consequences for failing to address the climate emergency

AnalysisBusinessClimateCoalEmissionsLiquefied Natural GasLiquefied Petroleum GasNatural GasOilPoliticsReportsTrade

Investment treaties are stalling energy transition — but this can be fixed

Investment treaties with investor-state dispute settlement provisions shield fossil fuel investments, hindering global energy transition efforts: E3G

FILE PHOTO: A smartphone with a displayed Applied Materials logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessManufacturingNewsTrade

Applied Materials forecasts quarterly revenue above estimates on AI-driven demand

Applied Materials forecast fourth-quarter revenue above Wall Street estimates on Thursday, anticipating a surge in AI-fueled demand for its chip-making equipment.

AnalysisBusinessEconomyEmissionsFinanceOpinion

Banks have committed to net zero, but aren’t on track to reach it

Opinion: Banks cannot single-handedly align our economies to net zero. But on what they can do, they must give their all.

A commercial airliner takes off into an evening sky as it departs San Diego, California, U.S. May 25, 2021.   Mike Blake/REUTERS/ File Photo
AviationBusinessFuelNewsOilTransport

Slowing global jet fuel consumption adds to oil demand concern

Slowdown in consumer spending and increased aviation efficiency sees jet fuel demand softening.

FILE PHOTO: A general view shows an oil rig used in drilling at the Zubair oilfield in Basra, Iraq, July 5, 2022. REUTERS/Essam Al-Sudani/File Photo
BusinessFuelNewsOil

Oil tumbles on easing fears of wider Middle East war

Oil prices dipped on Tuesday after five straight sessions of gains, with OPEC moving to cut its forecast for demand growth in 2024.

FILE PHOTO: A BYD's electric vehicle (EV) Qin moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)News

Global EV sales up 21% in July as China records biggest jump of 2024: Rho Motion

Global EV sales rose 21% in July, driven by China's growth, despite European declines and tariffs on Chinese imports, per Rho Motion.

Red Cross volunteers talk with a homeless man on a hot summer night in Cordoba, Spain, July 18, 2024.  REUTERS/Jon Nazca/file photo
ClimateNewsWeather

More than 47,000 people died in Europe last year due to heat: report

A report by ISGlobal reveals that over 47,000 people died from extreme heat in Europe in 2023, with southern countries hit hardest.

FILE - Margarita Salazar wipes sweat off her brow inside her home amid high heat in Veracruz, Mexico, June 16, 2024. (AP Photo/Felix Marquez, File)
AnalysisClimateEnvironmentWeather

A 13-month streak of global temperature records just ended. Here are five takeaways

After over a year of record-breaking heat, July 2024 saw a slight cooldown, but climate change still drives extremes.

FILE PHOTO: An aerial view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. Picture taken with a drone. REUTERS/Tatiana Meel/File Photo
NewsOilPoliticsRegulationsTrade

Western insurers provide cover for Russian oil despite price cap concerns

Tankers carrying Russian oil being insured by five Western companies, trading data shows, despite fears that G7 price cap is being breached.

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