World Bank promises $200bn in 2021-25 climate cashThe World Bank on Monday unveiled $200 billion in climate action investment for 2021-25, adding this amounts to a doubling of its current five-year funding. The World Bank said the move, coinciding wi...
China media lauds ‘momentous’ trade truce but questions lingerChina's state-run media hailed the trade war truce with the United States as "momentous" on Monday but warned of complex negotiations ahead, even as President Donald Trump said Beijing agreed to cut c...
Betting on ethanol, Brazilian mills turn sour on sugarBrazilian sugar companies are increasing their capacity to produce ethanol in the face of depressed global sugar prices and government policies expected to boost demand for the biofuel. A shift to eth...
German carmakers to hold White House talks on Tuesday: sourcesGerman carmakers are to meet with top US officials at the White House on Tuesday, sources said, as US President Donald Trump mulls damaging tariff hikes on vehicles imported from the European Union. G...
Qatar will pull out of OPEC amid tension with Saudi ArabiaThe tiny, energy-rich Arab nation of Qatar announced on Monday it would withdraw from OPEC, mixing its aspirations to increase production outside of the cartel's constraints with the politics of sligh...
Hoping to win Brexit support, PM May says world leaders ready for tradeSeveral world leaders are keen to strike trade deals with Britain once the country is out of the European Union, Prime Minister Theresa May will say on Monday, pressing the case for her Brexit deal be...