• 2
    0

    SEOUL, Nov 25 (Reuters) – South Korean President Yoon Suk-yeol warned that the government might step in to break up a nationwide strike by truckers, calling it illegal and unacceptable to take the national supply chain “hostage” during an economic crisis. Thousands of unionised truckers kicked off their second major strike in less than six ...
  • 2
    0

    Nov 24 (Reuters) – Canada published its first ever national climate adaptation strategy on Thursday, including C$1.6 billion ($1.2 billion) in new federal funding commitments to help protect communities against the increasing impacts of global warming. Like many countries around the world, Canada is seeing a rise in extreme weather caused by climate change, with ...
  • 3
    0

    QUITO, Nov 23 (Reuters) – Ecuador’s government said on Wednesday it plans to invest $263 million to boost its electric connection with Peru through a 500-kilovolt line, in a project aimed at replacing thermal generation and reducing energy costs. The project, which is set to be constructed over five years, includes a 544-km high-voltage line ...
  • 4
    0

    JAKARTA, Nov 22 (Reuters) – Pertamina International Shipping, a unit of Indonesia’s state energy firm, aims to invest up to $3 billion over the next five years to rejuvenate and expand its fleet, including investing in vessels to transport liquefied natural gas, an executive said. Pertamina International Shipping (PIS) operates more than 400 vessels, including ...
  • 3
    0

    Nov 22 (Reuters) – Japan’s Mazda Motor Corp (7261.T) will invest about 1.5 trillion yen ($10.58 billion)to electrify its vehicles, including boosting production of battery EVs, and aims to increase their share in the company’s overall global car sales by 2030. Mazda’s senior managing executive officer Akira Koga said the investment would be made along ...
  • 4
    0

    LONDON, Nov 21 (Reuters) – Shell said on Monday it (SHEL.L) will evaluate plans to spend up to 25 billion pounds in Britain over the next decade following the government’s decision to increase a windfall tax on oil and gas producer. “We’re going to have to evaluate each project on a case by case basis,” ...
  • 3
    0

    BOGOTA, Nov 21 (Reuters) – Ecuador is looking to attract foreign investment in key oil blocks ITT and Sacha in a bid to boost the country’s total oil output to 600,000 barrels per day by 2025 from less 500,000 currently, the country’s energy minister Fernando Santos said on Monday. The plan would allow private companies ...
  • 4
    0

    Nov 21 (Reuters) – Saudi Arabia’s stock market ended lower on Monday amid falling oil prices, while the Egyptian index snapped six sessions of gains. Crude prices – a key catalyst for the Gulf’s financial markets – slipped to trade near two-month lows as supply fears receded while concerns over fuel demand from China and ...
  • 2
    0

    OSLO, Nov 17 (Reuters) – Norway’s oil and gas firms have raised their investment forecasts for 2022 and 2023 as more development plans are being made, a national statistics office (SSB) survey showed on Thursday. The country’s biggest business sector now expects to invest 175.3 billion Norwegian crowns ($17.50 billion) in 2022, up from a ...
  • 2
    0

    Nov 15 (Reuters) – Walmart Inc (WMT.N) on Tuesday forecast a smaller fall in annual profit as demand for groceries holds up despite higher prices, while discounts on clothing and electronics attract more inflation-hit shoppers to the top U.S. retailer’s stores. The company also raised its full-year net sales expectations and announced a new $20 ...