Tuesday, 25 February 2025

International

FILE PHOTO: The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria April 9, 2020.  REUTERS/Leonhard Foeger/File Photo
BusinessNewsOil

OPEC sticks to oil demand view, sees potential economic upside

Monthly report announces that world oil demand will rise by 2.25 million barrels per day in 2024, figures unchanged from last month.

Scientists looked at ancient Antarctic ice to analyse CO2 levels in the atmosphere (St Andrews University/PA)
AnalysisClimateEmissions

Carbon dioxide increasing ten times faster than any point in last 50,000 years: study

The rate of atmospheric carbon dioxide increase is currently 10 times faster than at any point in the past 50,000 years, says study...

AnalysisBusinessEconomyFinanceOilReports

Feedback loops: Oil prices, inflation and monetary policy

How does the price of oil interact with inflation and the monetary policy meant to keep it in check? It's complicated, according to...

Top banks have provided $6.9 trillion in financing to the fossil fuel industry since the 2015 Paris Agreement (AFP)
BusinessFinanceFuelNews

US, Japanese banks lead fossil fuel financing

Fossil fuel financing fell by 9.5% last year, says climate campaigners' report, but banks are still sending $705bn to the sector.

Avocado crops are vulnerable to the changing climate as they need a lot of water to grow (PA)
AgricultureAnalysisBiodiversityClimateEmissionsWeather

Avocados getting smashed by climate change, report warns

The best growing regions for avocados in countries like Burundi, Chile, Peru, Spain, South Africa and Mexico are seeing productivity shrink due to...

FILE PHOTO: An undated handout picture from Munich flying taxi startup Lilium shows its five-seater prototype in Munich, Germany, October, 2019. Lilium/Handout via REUTERS/File Photo
AviationBusinessIndustryManufacturingNewsTransport

German aviation company Lilium and Swiss firm to open new sites in France

German aviation firm Lilium and Swiss-based nickel refinery company KL1 will set up new sites in France, invest in electric jet aircraft

ClimateEmissionsNewsPoliticsTradeUnited Nations

U.S., China to discuss methane at COP29 summit: State Dept.

The U.S.-China Climate Working Group intends to discuss methane and non-carbon dioxide greenhouse gasses at the upcoming United Nations COP29 climate summit.

FILE PHOTO: John Podesta, the White House senior adviser for clean energy, delivers a speech during the CERAWeek energy conference in Houston, Texas, U.S., March 6, 2023.  REUTERS/Callaghan O'Hare/File Photo
ClimateCoalEconomyElectricityEmissionsNewsPoliticsSolarTradeUnited Nations

US discussed ‘overcapacity’ in Chinese solar manufacturing, coal in climate talks

The United States and China discussed Chinese overcapacity in solar and battery manufacturing, steel production and coal power during two days of bilateral...

FILE PHOTO: The Rio Tinto logo is displayed above the global mining group's booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo
BusinessMiningNews

Rio Tinto had considered a bid for Anglo American, AFR says

Mining giant Rio Tinto "had not ruled out" bid for British company before BHP began takeover bid.

Launched in 2019, the Taycan sold more than 40,000 units in 2023 (GETTY IMAGES NORTH AMERICA)
AutomotiveBusinessElectric Vehicles (EVs)News

Porsche recalls thousands of Taycans over faulty batteries

German sports carmaker Porsche on Thursday confirmed it had recalled several thousand of its electric Taycan model because of risks their batteries could...

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