Exclusive: Britain, South Korea extend tariff-free trade on goods with EU links

Exclusive: Britain, South Korea extend tariff-free trade on goods with EU links

[1/2]The city is illuminated at night in this general view of central Seoul August 13, 2013. REUTERS/Lee Jae-Won/File Photo Acquire Licensing Rights LONDON, Oct 16 (Reuters) – Britain and South Korea have agreed to extend a period of low or zero tariffs on bilateral trade of products with parts from the European Union, the British … Read more

First hydrogen train in Middle East to begin trials next week, Saudi energy minister says

First hydrogen train in Middle East to begin trials next week, Saudi energy minister says

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 2023. REUTERS/Ahmed Yosri/File Photo Acquire Licensing Rights RIYADH, Oct 8 (Reuters) – Saudi Arabia’s Minister for Energy Prince Abdulaziz bin Salman said on Sunday that the first hydrogen train in the Middle East … Read more

Sunak delays UK petrol car ban, seeking voter support on climate

Sunak delays UK petrol car ban, seeking voter support on climate

Sunak delays petrol car ban by 5 years Eases targets on heating, insulation Says UK is committed to overall 2050 net zero target Businesses complain over changing targets LONDON, Sept 20 (Reuters) – Prime Minister Rishi Sunak watered down Britain’s plans to tackle climate change on Wednesday, saying he would delay a ban on sales … Read more

China and EU hold talks on AI, cross-border data flow amid renewed tensions

China and EU hold talks on AI, cross-border data flow amid renewed tensions

[1/5]European Commission Vice President Vera Jourova and Jorge Toledo, ambassador of the European Union to China, attend a press conference on the EU-China High-Level Digital Dialogue in Beijing, China September 19, 2023. REUTERS/Florence Lo Acquire Licensing Rights BEIJING, Sept 18 (Reuters) – China and the European Union held talks on topics including artificial intelligence and … Read more

Volkswagen is ready for Europe’s 2035 fossil-fuel car ban – CEO

Volkswagen is ready for Europe’s 2035 fossil-fuel car ban – CEO

A Volkswagen logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David ‘Dee’ Delgado/File Photo Acquire Licensing Rights MUNICH, Sept 4 (Reuters) – Volkswagen (VOWG_p.DE) is ready for Europe’s planned 2035 ban on new sales of fossil-fuel cars as it ramps up its electric vehicle … Read more

US offers $12 bln for automakers, suppliers for advanced vehicles

US offers $12 bln for automakers, suppliers for advanced vehicles

U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, 2023. REUTERS/Callaghan O’Hare/File Photo Acquire Licensing Rights WASHINGTON, Aug 31 (Reuters) – The Biden administration is offering $12 billion in grants and … Read more

US raises concerns by Micron, Intel with China

US raises concerns by Micron, Intel with China

[1/3]U.S. Commerce Secretary Gina Raimondo delivers her speech at a reception with U.S. Industry and Chinese Government Officials hosted by U.S. Ambassador to China Nick Burns, in Beijing, China, August 28, 2023. Andy Wong/Pool via REUTERS Acquire Licensing Rights BEIJING, Aug 29 (Reuters) – U.S. Commerce Secretary Gina Raimondo discussed concerns about restrictions on American … Read more

US should extend EV tax benefits to Vietnam, says business lobby

US should extend EV tax benefits to Vietnam, says business lobby

People walk next to a VinFast logo on a screen during the press day at the Los Angeles Auto Show in Los Angeles, California, U.S. November 17, 2022. REUTERS/Mike Blake/File Photo WASHINGTON, Aug 3 (Reuters) – The United States should extend electric vehicle tax credit benefits to Vietnam if it wants to encourage a landmark … Read more