COP29: What is a carbon credit? What is Article 6?
Some governments and companies may struggle to reduce their planet-warming greenhouse gas emissions to meet their climate targets. Supporters of carbon offsets see them as…
COP29: US climate envoy says work will continue despite Trump’s return
U.S. climate envoy John Podesta urged governments to keep faith in the country's promise to combat global warming, saying Donald Trump can slow, not stop,…
Oil falls as China stimulus fails to boost sentiment, US dollar strength
Oil prices fell about 2% on Monday, after China's stimulus plan disappointed investors seeking fuel demand growth in the world's No. 2 oil consumer and…
Amazon developing driver eyeglasses to shave seconds off deliveries, sources say
Amazon is developing smart eyeglasses for its delivery drivers to guide them to, around and within buildings, as it tries to smooth the final stretch…
Montreal dockworkers’ union rejects offer; lockout begins
The Montreal Longshoremen's Union rejected a final offer made for a new labour contract, leading to a lockout being declared, the Maritime Employers Association (MEA)…
No fight for top WTO job in Trump trade era
Nobody besides the incumbent head of the World Trade Organization Ngozi Okonjo-Iweala has thrown in their hat to lead the Geneva-based global commerce watchdog, two…
China’s cabinet approves measures to boost trade growth
China's cabinet on Friday approved measures to boost growth in the country's foreign trade, state media reported, after October exports grew at the fastest pace…
Brazilian planemaker Embraer updates guidance as profit soars in Q3
Brazilian planemaker Embraer's raised its projected adjusted earnings before interest and taxes (EBIT) margin for 2024 to between 9% and 10%, from 6.5%-7.5% before, it…
TSMC to suspend production of advanced AI chips for China from Monday, FT reports
Taiwan Semiconductor Manufacturing Co (TSMC) has notified Chinese chip design companies that it is suspending production of their most advanced AI chips from Monday, the…
NRG Energy posts Q3 core profit beat, raises annual forecast
NRG Energy beat third-quarter core profit estimates on Friday due to lower supply costs across its service territories, and raised its 2024 profit outlook, sending…
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