Category: NEWS
Italy Leads EU Coalition Urging Delay of Stricter Car Emissions Standards
Italy, along with Poland, Austria, Romania, Slovakia, Bulgaria, and Czechia, has joined forces in advocating for a delay to…
Aston Martin Struggles with Profit Warning and Debt Issuance Amid Supply Chain Challenges
Aston Martin has cut its 2024 profit forecast due to delayed Valiant deliveries and supply chain issues, despite new model…
ECB’s Isabel Schnabel Advocates Gradual Rate Cuts Amid Inflation and Geopolitical Risks
Isabel Schnabel, a prominent member of the European Central Bank’s (ECB) Executive Board, has stated that the ECB is…
First Phase of Cabling Completed for NeuConnect Interconnector Project Linking UK and Germany
The NeuConnect Interconnector project has reached a major milestone with the completion of its first cabling phase. This…
ADNOC Launches $80 Billion XRG to Lead Low-Carbon Energy and Chemicals Transformation
ADNOC launches XRG, a $80 billion investment entity, focusing on low-carbon energy and chemicals to meet global…
Norsk Hydro Projects 20% Growth in Low-Emission and Recycled Aluminum Sales in 2024
Norsk Hydro ASA expects to see more than 20% growth in sales of its low-emission aluminum, Hydro Reduxa, and…
Nuclear Energy in Europe: High Costs and Financial Challenges Hindering Growth
Building new nuclear reactors in Europe remains a financially unviable proposition for most utilities due to extremely…
Stellantis Shifts Focus to Electric Vehicle Production, Closes Luton Van Plant
Stellantis, the French-Italian automotive conglomerate, is restructuring its UK operations with a strategic shift towards…
COP29 Emissions Cut Target Faces Resistance in Brussels: 90% Reduction by 2040 in Doubt
The European Parliament debates the feasibility of the EU’s 90% emissions reduction target by 2040, with concerns…
China’s CO2 Emissions Expected to Peak by 2025: Optimism Grows Among Experts
China is increasingly optimistic about peaking its CO2 emissions by 2025, with 44% of experts now forecasting…
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