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Energy
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High energy prices are main hurdle for European industry, steel sector says
The EU's steel and metals action plan provides the “right diagnosis” to the current challenges that the European steel industry is facing but concrete measures to a... (more story)
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US lifts threat to place 50 percent tariffs on Canadian steel, aluminum
The US today backed down from threats to impose a harsh 50 percent steel and aluminum tariff on Canada after Ottawa rescinded a 25 percent surcharge on electricity ... (more story)
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EU energy plan, roadmap to end Russian imports, both scheduled for Feb. 26
The EU energy sector can expect the announced Action Plan on Affordable Energy, as well as the bloc’s roadmap to end Russian energy imports, as soon as Feb. 26, a d... (more story)
Insight View More
President Donald Trump today signed an executive order that invoked emergency powers granted through the Defense Production Act to boost production of critical minerals, a key national security issue for the White House.
Investment in innovative and sustainable ships, European autonomy in shipbuilding and maritime supply chains, and workforce skills are the EU's main goals for its upcoming maritime industrial strategy, the blo... (more story)
Nominations of several members of the EU's lower-tier General Court are set to be approved by representatives of member states on March 26, according to a document seen by MLex. Two will be appointed for the n... (more story)
The EU will seek to increase demand for EU-made clean steel by introducing the "Buy European" requirement in public procurement contracts, European Commission Executive Vice President Stéphane Séjourné said to... (more story)
The EU's steel and metals action plan provides the “right diagnosis” to the current challenges that the European steel industry is facing but concrete measures to address them need to be put into practice, the... (more story)
A new tariff tool to shield the EU steel industry from excess imports after the bloc’s safeguard expires — set to happen in June 2026 — will be proposed in autumn this year, the European Commission says in a d... (more story)
The disparity between prices for gas and electricity is one of the main problems that undermine the uptake of heat pumps in the EU, European Heat Pump Association chair Patrick Crombez told MLex. The heat pump... (more story)
The EU and South Africa announced a 4.7 billion-euro green-tech investment package at today’s summit in Cape Town. The funds will support clean energy, critical minerals, and vaccine production under the Globa... (more story)
Comment View More
A pause on US Federal Trade Commission litigation defending a controversial nationwide ban of noncompete agreements, alongside a new agency labor antitrust task force, has offered a mixed bag for employers try... (more story)
A debate that could influence the way power-hungry data centers access energy from the mid-Atlantic to Chicago and beyond is currently playing out at the US Federal Energy Regulation Commission. It may also be... (more story)
The European Commission unveiled today its first “omnibus” legislative text aimed at cutting administrative costs for companies. But the proposal might face difficulties during the scrutiny process as member s... (more story)
Europe's nuclear energy companies will be closely monitoring the German election outcome as parties debate re-establishing nuclear power plants in the country. While energy talks were overshadowed by concerns ... (more story)
Once the backbone of Germany's economy, the struggling automotive industry is watching the new government closely for any hints on how it will help carmakers green their industry. While the sector is pushing f... (more story)
Donald Trump shows himself ready to use tariffs not only in a traditional way to win economic concessions, but also to force policy change. Businesses worldwide should therefore brace for an even more uncertai... (more story)
Power companies Constellation Energy and Calpine have pitched a divestiture that's strategically aimed at the most obvious and significant antitrust concerns for their planned merger, which is likely to elicit... (more story)
Switzerland has sent a strong message with the conviction of Trafigura and former senior executive Mike Wainwright on bribery charges, and the case piles increased pressure on commodities companies operating i... (more story)