Rich Nations Head to South Africa Seeking Coal Exit Deal
Four of the world’s richest nations will send a delegation to South Africa as soon as next week to seek a deal to begin closing the country’s coal-fired plants, according Continue Reading
New Coal Power Stations Cut Off From Funding by FirstRand
FirstRand Ltd. , Africa’s biggest bank by market value, is ending its funding of new coal-fired power stations immediately and will halt the financing of new projects to mine the Continue Reading
Australia approves Whitehaven mine despite court ruling on climate obligation to kids
Australia’s Environment Minister Sussan Ley on Thursday approved an expansion of a Whitehaven Coal (WHC.AX) mine – a decision which comes despite a historic court ruling that she had an Continue Reading
China tests oil clout, battles inflation with first oil reserve auction
China’s first crude oil reserve auction could have an outsized impact on market sentiment, signaling the top oil importer remains committed to reining in inflation by controlling commodity prices, analysts Continue Reading
Walmart to Test Self-Driving Delivery Service With Ford and Argo AI
Walmart Inc. WMT 0.17% is working with Ford F 2.80% Motor Co. and Argo AI to start testing an autonomous-vehicle delivery service in three U.S. cities as the big-box retailer’s consumers continue to favor deliveries within the same Continue Reading
China’s Property Curbs Send Economic Tremors
Beijing’s pressure on the real-estate sector is being felt far beyond China Evergrande Group, raising questions about how much economic pain China’s leaders are willing to stomach as they rein in yet another Continue Reading
China to strike harder against regions that fail to curb energy use
China will toughen punishments for regions that fail to meet targets aimed at controlling energy use, the state planning agency said in new policy guidelines published on Thursday. China has Continue Reading
China tests oil clout, battles inflation with first oil reserve auction
China’s first crude oil reserve auction could have an outsized impact on market sentiment, signaling the top oil importer remains committed to reining in inflation by controlling commodity prices, analysts Continue Reading
Boosters in Spotlight; China Vaccinates 1 Billion: Virus Update
Johns Hopkins’ Hansoti Booster shots are in the spotlight, as a highly anticipated study in Israel showed a third Pfizer Inc. dose can dramatically reduce rates of virus-related illness in Continue Reading
Global Energy Crunch Leaves China Facing More Power Shortages
China is staring down another winter of power shortages that threaten to upend its economic recovery as a global energy supply crunch sends the price of fuels skyrocketing. The world’s Continue Reading