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Shivani Singh

Top steel firm China Baowu unveils global alliance to cut emissions

Nov 18 2021

SHANGHAI (Reuters) -China Baowu Steel Group has set up a Global Low-Carbon Metallurgical Innovation Alliance with partners to tackle climate change and cut greenhouse emissions in the world's biggest steel producer, it said on Thursday.

'Down' and 'out'? COP26 wording clouds way ahead on climate

Nov 15 2021

BEIJING How humanity confronts climate change may come down to the intentions behind two words.

Business as usual for global fossil fuel firms for now after UN climate deal

Nov 15 2021

BEIJING, Nov 15 It is business as usual for global fossil fuel companies in the near-term after the COP26 climate summit approved a deal which said the world needs to "phase down" rather than "phase out" coal use.

UPDATE 1-China's Oct daily crude steel output plunges to nearly 4-year low

Nov 14 2021

* Oct crude steel output at 71.58 mln T vs 73.75 mln T in Sept

China wields political might to cool coal prices, but winter looms

Nov 12 2021

BEIJING (Reuters) -In just 10 days after a blizzard of meetings and official notices, Chinese regulators last month nearly halved soaring domestic prices for thermal coal, the main source of power for the world's No. 2 economy.

China wields political might to cool coal prices, but winter looms

Nov 11 2021

BEIJING, Nov 12 In just 10 days after a blizzard of meetings and official notices, Chinese regulators last month nearly halved soaring domestic prices for thermal coal, the main source of power for the world's No. 2 economy.

UPDATE 4-Indian beauty firm Nykaa makes glowing debut with $14 billion valuation

Nov 10 2021

BENGALURU, Nov 10 Indian cosmetics-to-fashion platform Nykaa surged 96% in a blockbuster debut on Wednesday, fetching the country's first women-led unicorn a valuation of nearly $14 billion.

Indian automaker Mahindra sees chip crunch easing, eyes options for EV business

Nov 09 2021

BENGALURU (Reuters) -Mahindra and Mahindra Ltd expects semiconductor shortage to persist in 2022 but with lesser severity as compared to the previous year, and is open to raise funding for its electric vehicle (EV) business, the Indian carmaker said on Tuesday.

Indian home-grown COVID-19 shot wins WHO emergency use approval

Nov 03 2021

BENGALURU The World Health Organization (WHO) said on Wednesday that it has granted approval for Indian drugmaker Bharat Biotech's home-grown COVID-19 vaccine for emergency use listing, paving the way for it to be accepted as a valid vaccine in many poor countries.

China coal prices claw back after Beijing signals pacing down price drive

Nov 03 2021

BEIJING (Reuters) -China thermal coal futures rebounded nearly 9% on Wednesday after falling for 10 straight days, as the government indicated to pace down price intervention at a meeting earlier in the day, traders said.

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