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Business travel emissions drop as many firms fly less -survey
ECB rate cut bets premature, markets have eased too much: Vasle
Date: December 18, 2023
ECB rate cut bets premature, markets have eased too much: Vasle By Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank will need at least until spring before it can reassess its policy outlook and market expectations for an interest rate cut in March or April are premature, ECB policymaker Bostjan Vasle said on Monday....
EU sets critical mineral goals, but faces struggle to hit them
Date: December 18, 2023
EU sets critical mineral goals, but faces struggle to hit them By Philip Blenkinsop BRUSSELS (Reuters) – The European Union has set targets to dig up, recycle and refine lithium, cobalt and other metals it needs for its green transition, but a shortage of new money, crippling energy costs and local opposition could put them...
Yen holds ground ahead of key BOJ test; dollar slips
Date: December 18, 2023
Yen holds ground ahead of key BOJ test; dollar slips By Amanda Cooper LONDON (Reuters) -The yen stood firm on Monday as the Bank of Japan (BOJ) kicked off a two-day meeting that could be crucial in determining the timing of the end of the central bank’s ultra-loose stance on interest rates. The recent burst...
Kenya, EU advance economic partnership agreement to boost trade
Date: December 18, 2023
Kenya, EU advance economic partnership agreement to boost trade NAIROBI (Reuters) – Kenya and the European Union moved closer to sealing an Economic Partnership Agreement that will grant the East African nation’s exports duty-free status and unlimited access to the bloc, officials said on Monday. Both sides had initialled a draft deal in June after...
Thyssenkrupp Nucera expects operating loss in 2024 on start-up costs
Date: December 18, 2023
Thyssenkrupp Nucera expects operating loss in 2024 on start-up costs By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Thyssenkrupp Nucera, which makes electrolysers needed to produce green hydrogen, expects an operating loss in its 2024 fiscal year, citing start-up costs for the division it expects will account for most of its growth in the future....
UK to implement carbon levy on imported goods by 2027
Date: December 18, 2023
UK to implement carbon levy on imported goods by 2027 By Kylie MacLellan LONDON (Reuters) -Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries with a lower or no carbon price having to pay a levy as part of decarbonisation efforts. The government said...