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17866 articles published since 08 Mar 2022

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UK's Starmer hails 'landmark' carbon capture funding
UK's Starmer hails 'landmark' carbon capture funding
Economy

Prime Minister Keir Starmer on Friday said planned government investments of nearly £22 billion ($28.8 billion) in the capture and storage of carbon emissions marked a "landmark week" for Britain. "It is a landmark week in our national story, because this week we saw the end of coal, the power that built this country for many years," Starmer said, speaking in Chester, near Liverpool.

As EU targets Chinese cars, European rivals sputter
As EU targets Chinese cars, European rivals sputter
Economy

As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear. Weaker demand for their cars in China, whose economy is slowing, and growing competition from cheaper Chinese EVs elsewhere are among the main drags on European automakers, which employ 2.4 million people.

EU states set to greenlight extra tariffs on EVs from China
EU states set to greenlight extra tariffs on EVs from China
Economy

EU countries are expected to confirm Friday hefty tariffs on electric cars made in China, a move dividing the bloc as some states led by Germany fear sparking a trade war with Beijing. The bloc faces a difficult task as it tries to foster its clean tech industry and invest in the green transition without sparking a painful trade war with China.

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