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EU seeks new import fee on e-commerce packages
EU seeks new import fee on e-commerce packages

The European Commission announced Wednesday it would seek to impose new fees on e-commerce imports, as part of efforts to tackle a surge of "harmful" products into the bloc -- the bulk of them from China.

Oil giants TotalEnergies, Equinor reduce low-carbon investments
Oil giants TotalEnergies, Equinor reduce low-carbon investments

French oil and gas giant TotalEnergies said Wednesday it would reduce its low-carbon energy investments while Norwegian peer Equinor scaled back its renewables ambitions as the companies reported sharp drops in annual profits. TotalEnergies said Wednesday it would reduce its investments in low-carbon energy, mainly for electricity, by $500 million -- from $5 billion to $4.5 billion.