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IKEA taps Baltics, others for more wood supplies after shunning Russia

BY Reuters  • January 29, 2023January 29, 2023
(This Jan. 26 story has been updated to correct the name of the subsidiary to Ingka (not IKEA) Investments in paragraph 13.) By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) – IKEA is usin[...]
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Business Economy Environment Europe Politics Top News Updated

EU must answer U.S. clean energy subsidies, commissioner says on Washington visit

BY Reuters  • January 27, 2023January 27, 2023
By David Lawder WASHINGTON (Reuters) – The European Union wants a deal quickly with the United States to resolve a dispute over U.S. electric vehicle tax credits, but the EU must pursue its own[...]
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Business Economy Environment Politics US

Jet fuel prices up as demand jumps, refinery outages limit supply

BY Reuters  • January 27, 2023January 27, 2023
By Shariq Khan, Laura Sanicola and Seher Dareen (Reuters) – Jet fuel prices have risen to levels never recorded in January as demand from China’s lifting of COVID-19 travel restrictions an[...]
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Asia Business Economy Environment US

Yellen says South Africa needs action to maintain energy transition momentum

BY Reuters  • January 27, 2023January 27, 2023
By Andrea Shalal JOHANNESBURG (Reuters) -South Africa needs concrete action soon if it is to maintain momentum on an energy transition program backed by the United States and other countries, U.S. Tre[...]
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Africa Business Economy Environment Politics Updated US

Electric vehicles throw palladium’s mega-rally into reverse

BY Reuters  • January 27, 2023January 27, 2023
By Peter Hobson LONDON (Reuters) -An era of breathtaking palladium rallies is likely to be ending, analysts said, as rising supply and stagnant demand erode prices of the metal used to neutralise vehi[...]
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Business Economy Environment Europe Updated

ArcelorMittal leads $120 million funding for green steel tech firm

BY Reuters  • January 27, 2023January 27, 2023
By Isla Binnie NEW YORK (Reuters) – ArcelorMittal has led the latest, $120 million round of investment for Boston Metal in the startup’s quest to go to market by 2026 with equipment capabl[...]
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Business Economy Environment Europe US

Analysis-India’s EV dawn fans expectations fuel demand may peak early

BY Reuters  • January 27, 2023January 27, 2023
By Mohi Narayan NEW DELHI (Reuters) – The rapid take-up of electric vehicles in India’s fledgling market has prompted a major rethink about the country’s long-term fuel needs as refi[...]
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Asia Business Environment Technology Top News Updated

U.S. lawmakers seek repeal of Biden solar tariff waiver

BY Reuters  • January 27, 2023January 27, 2023
By Nichola Groom (Reuters) -A bipartisan group of lawmakers in the U.S. House of Representatives on Thursday introduced a resolution to repeal President Joe Biden’s suspension of import tariffs[...]
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Asia Business Economy Environment Politics Updated US

Boeing pleads not guilty to fraud charge in 737 MAX arraignment

BY Reuters  • January 26, 2023January 26, 2023
By Sheila Dang and David Shepardson FORT WORTH, Texas/WASHINGTON (Reuters) -Boeing Co pleaded not guilty on Thursday to a 737 MAX fraud conspiracy felony charge after families objected to a 2021 Justi[...]
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Africa Asia Business Environment Updated US
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