Donald Trump is being invited to Hull to see for himself the impact of renewable energy on the region after the US president-elect criticised the UK’s move away from oil…
Category: Business News
China: Apple offering rare iPhone discounts
Shoppers in China are getting rare discounts on iPhones as Apple faces growing competition from local brands. The four-day promotion, which starts this Saturday (4 January), includes discounts of as…
USA: China’s overqualified youth taking jobs as drivers, labourers and film extras
China is now a country where a high-school handyman has a master’s degree in physics; a cleaner is qualified in environmental planning; a delivery driver studied philosophy, and a PhD…
Sweden: Green industry hopes hit by Northvolt woes
Heavy snow blends into white thick clouds in Skellefteå, a riverside city in northern Sweden that is home to 78,000 residents. It’s also the location of what was supposed to…
USA: Biden blocks Nippon Steel from buying US Steel
US President Joe Biden says he has blocked the proposed $14.9bn (£12bn) purchase of US Steel by Japanese rival Nippon Steel. A White House announcement of his executive order cited…
Slovakia: PM Robert Fico threatens to cut benefit for Ukrainians
Slovakia’s Prime Minister Robert Fico has threatened to cut financial support for more than 130,000 Ukrainian refugees as a dispute with Ukraine over Russian gas supplies escalates. On 1 January,…
West Bank: Palestinian Authority suspends Al Jazeera TV channel
The Palestinian Authority says it has suspended broadcasting by the prominent Arab channel Al Jazeera in parts of the occupied West Bank, citing incitement and bias. Qatari-owned Al Jazeera expressed…
USA: End of electric vehicle grants is ‘a big mistake’
The government’s decision to scrap a scheme which helped people purchase electric vehicles is a “big mistake”, said the Jersey Motor Trades Federation (JMTF). The Electric Vehicle Purchase Incentive, which…
China: BYD closes in on Tesla as sales jump
Chinese car maker BYD saw its sales jump at the end of last year, as it competes with Tesla to be the world’s best-selling electric vehicle (EV) maker of 2024.…
Europe: Moldova faces energy crisis as flow of Russian gas ends
On New Year’s Day, Russian gas stopped flowing through Ukraine. Kyiv is calling it a “historic” day as its refusal to extend a transit agreement with Russia’s Gazprom has halted…