Due to the surplus of mutton in Australia, prices have plummeted, and some farmers are choosing to give away or cull their sheep rather than raise them on the farm in order to save money.   According to data from Meat and Livestock Australia (MLA), mutton prices have dropped 70% in the last...

Early on Wednesday, the European Union came to an agreement on a regulation that would limit the amount of methane emissions that can be imported into Europe starting in 2030. This will put pressure on foreign suppliers to tighten up on leaks of the potent greenhouse gas.   Following...

While the sun is shining, bitcoin miners are generating money.   With the recent surge in cryptocurrency prices, the industry has emerged from its slump. Currently, mining businesses are scurrying to lock in earnings before the "halving" of bitcoin, which would see rewards for creating...

Beijing's intention to restrict graphite exports will have a disproportionate impact on international makers of electric vehicle battery components who have not yet transitioned to utilising as much synthetic material as Chinese rivals, according to industry insiders and experts.   Since it...

A warning from a battery manufacturer and the cancellation of a GM-Honda agreement on Wednesday serve as more evidence that high interest rates are impeding the goals of automakers and climate regulators to expedite the transition to electric vehicles. Although sales of electric vehicles are...

Southeast Asian nations are approaching artificial intelligence legislation in a business-friendly manner, putting the European Union's desire for internationally unified regulations that complement its own severe framework on the back burner.   A private draught of the Association of...

Contract medicine makers looking to enter the brisk weight-loss drug business are investing billions of dollars to expand or create factories that fill the injection pens needed to give treatments such as Novo Nordisk's Wegovy.   In interviews with a dozen executives, analysts, and...

The Russian government has announced that the majority of the limitations put in place on September 21 on pipeline exports of diesel through ports have been lifted.   The export limitations on petrol are still in effect.   About 35 million tonnes of diesel were exported...

The International Energy Agency and OPEC have been engaged in a verbal and statistical battle over the future of peak oil demand, which is essential to the survival of petroleum producers.   Peak oil demand is the moment when the world's demand for crude reaches its peak level. This is...

The mounting number of outstanding disputes and the expanding list of what the World Trade Organisation refers to as its members' "trade concerns" are the best indicators of the organization's predicament.   29 cases have been left unresolved since late 2019, when the U.S. stopped the...

According to trade data and market players, Japan's decision to prohibit the majority of used-car sales to Russia put the brakes on a $2 billion-per-year industry that had exploded under the shadow of other countries' sanctions related to the Ukraine.   A network of brokers and smaller...