For years, the U.S. and China have waged war over technology, trade, and capital markets. Tensions between the world’s leading economies reached a fever pitch during former president Trump’s term Continue Reading
Treasury Secretary Janet Yellen on Monday called for speeding up the distribution of coronavirus vaccines in poorer nations, arguing the United States and global economies are threatened by the impact of Continue Reading
More than a year after the start of the pandemic, Europe is enduring a grim spring. Covid-19 infections, hospitalizations and deaths are rising in many countries as the continent grapples Continue Reading
Coal, the dirtiest of the world’s fossil fuels, has been in terminal decline for years now. Investment in the once-vital commodity has crashed, and the ESG movement is only accelerating Continue Reading
Chinese smartphone maker Xiaomi will set up an electric vehicle (EV) unit with an investment of US$10 billion over ten years, joining a competitive electric car market at home. “The Continue Reading
China’s build-up of oil refining capacity is threatening the viability of other Asian refiners as the country is about to become the world’s largest refiner this year amid still depressed Continue Reading
The rise of China’s mega-refineries was always going to make life tougher for their competitors across Asia. But the fallout from Covid-19 is hastening the impact and accelerating consolidation across the Continue Reading
French President Emmanuel Macron announced a nationwide four-week lockdown, closing schools and business, in the latest and alarming sign that Europe is yet again losing control of the pandemic. “We did Continue Reading
China’s crude oil imports from Iran this month could reach close to 1 million bpd, Reuters reported today, citing trading and analyst sources. That would be almost half the amount Continue Reading
China’s coal-fired power generation increased last year as growing electricity demand outpaced the installations of new clean power capacity, making China the only G-20 country with rising coal generation, climate Continue Reading
