Sweden’s state mining company said it found vast amounts of rare earth minerals in a town in northern Sweden, which has the world’s largest underground iron ore mine. Rare earths are used for manufacturing electric...
Chinese businessman Jack Ma is to cede voting rights at the Ant Group in an overhaul prompted by a government crackdown. Ma has largely disappeared from view after criticizing the regulation of tech companies in...
The giant retailer said it had “hired rapidly” over the past few years. It also cited the “uncertain economy” as a reason for its latest round of job cuts. Giant retailer Amazon announced on Wednesday...
Record inflation, high debt levels and weak currencies sent the cost of living soaring in many parts of sub-Saharan Africa throughout the year. When Richard Gbewornyo graduated as a videographer in Accra, he was ready to...
As the EU tries to finalize its hydrogen rules, Asian countries are moving fast to secure deliveries and the US is committing money to set up local supply chains. Can the Middle East collaborate with...
Dubai-based DP World is expanding its operations in Somaliland as part of a plan to turn the breakaway region into a major trade hub. Even though Somaliland relinquishes commercial power, it may gain political weight....
UK activist investor Bluebell Capital has called on BlackRock to replace CEO Larry Fink over his failures to move the money management firm beyond investments in fossil fuels. Larry Fink’s annual letter to CEOs is...
A team of researchers from 15 different countries has completed a major new study on the gender pay gap. It upends previous research that suggested the gap was caused by the types of jobs men...
A report by the International Energy Agency says energy insecurity amid war in Ukraine is spurring a renewable power surge. Experts predict the sector will soon surpass coal as the world’s largest electricity source. The...
There was trans-Atlantic harmony on most issues at a meeting of the recently established Trade and Technology Council. However, a gaping rift exists when it comes to US state support for green cars and renewables....
Africa boasts massive energy production potential, yet millions of people are without electricity. At a recent Africa roundtable, experts said that technology transfer was crucial to achieving energy transition. During a recent “Africa Roundtable,” meeting,...
The deal struck with QatarEnergy is set to go into effect in 2026 and last 15 years. Berlin is seeking to replace Russian gas, which used to cover over one half of Germany’s annual supply....