London CNN Business — Indonesia produces more nickel than any other country. As demand soars for batteries to power the energy transition, that presents a huge opportunity, and the archipelago nation of 276 million people intends to take advantage of it. With the electric vehicle revolution driving up demand for key battery metals such as […]
London CNN Business — The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most imports comes into force. News of the deal, which had needed approval from holdout Poland, was confirmed on Twitter by the president of the European Commission, Ursula von […]
CNN — Chinese President Xi Jinping has acknowledged the frustration within China amid his government’s unrelenting zero-Covid strategy, a European Union official told CNN, in his first known remarks on the protests that have erupted across the country in recent days. Xi told visiting European Council President Charles Michel in Beijing on Thursday that the […]
New Delhi CNN Business — The extensive Indian diaspora will help the South Asian country reach a special milestone this year. Asia’s third largest economy is on track to receive more than $100 billion in yearly remittances in 2022, according to a World Bank report published Wednesday. This will be the first time a country […]
London CNN Business — Europe is becoming increasingly reliant on China for trade, and many of its top companies are eager to invest in the world’s second biggest economy despite the disruption caused by Covid lockdowns. But a souring relationship with an increasingly unpredictable Beijing, regret about the price Europe has paid for getting too […]
CNN — The Great Barrier Reef should be added to the list of world heritage sites that are “in danger”, a team of scientists concluded after conducting a mission to the world’s largest coral reef system. In a new UN-backed report released on Monday, the scientists said that the reef is facing major threats due […]
London CNN — Britain’s Supreme Court has ruled that Scotland’s government cannot unilaterally hold a second referendum on whether to secede from the United Kingdom, in a blow to independence campaigners that will be welcomed by Westminster’s pro-union establishment. The court unanimously rejected an attempt by the Scottish National Party (SNP) to force a vote […]
Bogota CNN — When Gustavo Petro, Colombia’s first progressive president, took office in August, he laid out an ambitious agenda. His administration would finally achieve a stable peace with Colombia’s multiple rebel organizations; it would fight inequality by taxing the top 1% and lifting millions out of poverty; and it would abandon a punitive approach […]
London CNN Business — The last time a British finance minister revealed tax and spending plans, markets went haywire and the country’s prime minister ultimately lost her job. The new government is not looking for a repeat performance. On Thursday, Chancellor Jeremy Hunt is due to unveil a budget that will aim to restore confidence […]
CNN — Four American climate activists have been kicked out of the COP27 UN climate talks in Egypt after protesting during US President Joe Biden’s speech on Friday. The group briefly interrupted Biden’s speech with what they described as an indigenous war cry, then unfurled a banner which read “People vs Fossil Fuels.” While Biden […]
