Europe

Europe

Renewables outpace fossil fuels despite US policy shift: IEA

Renewable energy is still expanding faster than fossil fuels around the world despite policy changes in the United States, with oil demand possibly peaking “around 2030”, the International Energy Agency said Wednesday.

1d ago

Stock market frenzy is a louder echo of the 1990s

Throughout the late 1990s Fred Hickey, the editor of The High-Tech Strategist, was relentlessly critical of the wild market excesses of the time. So-called “bubbleheads” responded by leaving vile messages on his voicemail. However, he developed a cult following among bearish investors.

6d ago

Paris accord will defeat fossil fuels – eventually

The transition to green energy is messy, contradictory and too slow. It’s roughly a decade since 195 countries struck the Paris Agreement, opens new tab at the United Nations’s 21st Conference of the Parties (COP) in France, pledging to hold the average global temperature to “well below 2 degrees Celsius above pre-industrial levels”.

1w ago

Putin orders proposals on resumption of nuclear testing

Order comes after Trump's nuclear test directive to Pentagon

1w ago

UK opens door to tougher regulation of Google search

Britain’s competition watchdog on Friday paved the way for tougher regulation to tackle Google’s dominance in online search, under new targeted measures focused on technology giants.

1m ago

OpenAI valuation soars to $500b

The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal for employees to sell a limited number of shares, financial media reported Thursday.

1m ago

'Guess what? I'm stuck because of you'

French president called Trump after being stopped on street by police

1m ago

India, Iran join Belarus-Russia military drills: Russian agency

India, Iran and other Moscow allies from Asia and Africa have joined the Russia-Belarus Zapad military drills, Russian state media reported on Tuesday, citing the Kremlin.."The coalition force includes task forces and military contingents from the armed forces of the People's Republic of B

1m ago

UK protesters in court charged with supporting Palestine Action

Elderly Activists Charged Under UK's "Terrorism" Act

1m ago

Russia revives barter trade to dodge Western sanctions

Old-fashioned barter is on the rise in Russia’s foreign trade for the first time since the 1990s, as companies seeking to outfox Western sanctions swap wheat for Chinese cars and flax seeds for building materials.

2m ago

Spain cancels major Israel arms deal amid Gaza backlash

According to an official document seen Monday by AFP

2m ago

IEA sees anaemic global oil demand growth

Growth in oil demand is anaemic globally, with several countries in the crosshairs of US President Donald Trump tariff threats suffering drops, the IEA said Friday.

4m ago

EU to seek trade ‘rebalancing’ with China

The EU will seek to rebalance economic ties with China, demanding it eases market access for European firms and loosen export controls on rare earths at a summit this month, the bloc’s chief said Tuesday.

4m ago

EU avoids US tariff letter, eyes concessions, EU sources say

US President Donald Trump began informing, in a wave of letters, a range of trading partners from Japan to Myanmar of sharply higher tariffs on goods they sell into the United States starting August 1

4m ago

Why green investors keep getting carried away

To paraphrase Mark Twain, speculative bubbles don’t repeat themselves, but they often rhyme. The green technology boom that has imploded over the past three years is remarkably similar to the alternative energy bubble that inflated prior to the global financial crisis of 2008. Both frenzies were driven by investors’ unrealistic expectations about how quickly new energy technologies would be taken up.

4m ago

Dollar advances

The US dollar firmed on Monday with the yen at a more than six-week low as investors anticipated a response from Iran to US attacks on its nuclear sites, though some analysts said the FX reaction had been relatively muted.

4m ago

Qatar holds talks with energy companies on risk of conflict

Qatar held crisis talks this week with energy majors after Israeli strikes on Iran’s huge gas field, which it shares with Qatar, an industry source and a diplomat in the region told Reuters.

4m ago

EU accelerating free trade talks with Asia: trade chief

The European Union is accelerating free trade talks with Asia following hefty tariffs by US President Donald Trump, the bloc’s trade chief said Wednesday.

6m ago