US demand to lift India’s lab-made diamond exports to $8 billion Exports of polished lab-grown diamonds may double in the current financial year. Bloomberg News | August 22, 2022 | 8:07 am
Climate disasters risk putting a damper on electric car making Automakers racing to make more EVs have a problem: climate change is catching up with the industry. Bloomberg News | August 22, 2022 | 7:54 am
Germany to prioritize coal trains over passenger services Germany plans to give coal trains priority over passenger services on its rail network as it struggles with an energy crunch that’s threatening the economy. Bloomberg News | August 21, 2022 | 10:57 am
Germany may resort to nuclear plants to plug Russian gas gap Europe is in the middle of its worst energy crisis in decades, which has fueled inflation and put nations on the brink of a recession. Bloomberg News | August 21, 2022 | 9:22 am
Gold price heads for weekly drop as Fed officials reiterate rate hikes Bullion dropped to a three-week low as the dollar and Treasury yields strengthened, bringing the precious metal’s weekly loss to 2.9%. Bloomberg News | August 19, 2022 | 9:59 am
Indonesia may impose nickel export tax this year, President Jokowi says He also confirmed in an interview that Indonesia would impose a carbon tax before the end of the year. Bloomberg News | August 19, 2022 | 8:16 am
The big money Musk sees in lithium is getting harder to make Shrinking profit margins suggest the mining end of the business might still be a better bet. Bloomberg News | August 19, 2022 | 8:05 am
Another coal plant wins lifeline despite Biden’s green push CenterPoint plans to keep operating the 90-megawatt F.B. Culley 2 unit near the Ohio River until 2025. Bloomberg News | August 18, 2022 | 3:07 pm
Glencore to spend $400 million to fix arsenic-emitting plant Glencore’s investment will bring the arsenic level down to 15 nanograms by 2027, according to the plan. Bloomberg News | August 18, 2022 | 9:53 am
Tesla asks Chinese government to help secure power to suppliers The idea Tesla and SAIC suppliers may be prioritized for power as people suffer in what is intense heat sparked a backlash on Chinese social media. Bloomberg News | August 18, 2022 | 5:57 am
Five vital commodity industries are buckling under energy crisis Energy-intensive sectors such as steel, fertilizers, and aluminum are being forced to close factories or pass on soaring costs. Bloomberg News | August 18, 2022 | 5:50 am
China ramping up Swiss gold imports, signaling better demand China shipped in more than 80 tonnes from Switzerland in July. Bloomberg News | August 18, 2022 | 5:30 am