BRUSSELS (Reuters) – The European Commission presented its Green Deal Industrial Plan on Wednesday in response to the U.S. Inflation Reduction Act (IRA), with increased levels of state aid to he[...]
Read more
Environment
Analysis-Company profits in focus in CEE inflation fight
By Gergely Szakacs and Anna Wlodarczak-Semczuk BUDAPEST/WARSAW (Reuters) – Even as hopes grow that central European economies can avoid all-out stagflation, the region’s central bankers ha[...]
Read more
Brazil’s new monetary policy director could be from the private sector, says Haddad
SAO PAULO (Reuters) -Brazil’s Finance Minister Fernando Haddad said on Monday that the new central bank monetary policy director could be tapped from the private sector, a closely followed posit[...]
Read more
Electric vehicles throw palladium’s mega-rally into reverse
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 neutrali[...]
Read more
Seven EU countries oppose new EU funding as response to U.S. subsidy plan – letter
By Jan Strupczewski BRUSSELS (Reuters) – Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition in the 27-nation bloc, as sev[...]
Read more
Latin America, Caribbean call for more international funding at CELAC summit
BUENOS AIRES (Reuters) – Countries from Latin America and the Caribbean on Tuesday called for more international funding in the region following economic and climate crises, in a final declarati[...]
Read more
UK employers urge Sunak to act urgently on growth reforms
By William Schomberg and David Milliken LONDON (Reuters) -Britain is lagging its peers in the race to spur economic growth and Prime Minister Rishi Sunak must act now to boost green investment, fix a[...]
Read more
Davos 2023: Outlook brighter than feared, fraught with risks
By Mark John and Brenda Goh DAVOS, Switzerland (Reuters) – The year ahead looks better than feared for the global economy but remains fraught with risks including escalation of the conflict in U[...]
Read more
Davos 2023: Big oil comes in from the cold on energy transition
By Maha El Dahan DAVOS, Switzerland (Reuters) – A different type of energy transition has taken place at this year’s World Economic Forum (WEF) meeting. Unlike 2021’s COP26 climate c[...]
Read more