Canada asks three Chinese companies to quit lithium mining

China says Canada has broken trade and market rules Chinese company stocks fall Companies say don’t expect a huge impact on performance OTTAWA/BEIJING (Reuters) – Canada on Wednesday ordered three Chinese companies to liquidate their investments in Canada’s critical minerals, citing national security. In response, China accused Ottawa of using national security as an excuse … Read more

Analysis: Poor countries at risk from elusive G20 debt relief efforts

LONDON/WASHINGTON (Reuters) – The failure to make concrete progress on debt relief for the world’s poorest countries at the annual meeting of the International Monetary Fund and World Bank in Washington frustrated policymakers, activists and investors. Two years ago, the Group of Twenty launched the Joint Framework – a mechanism designed to provide a rapid … Read more

Gas crisis plunges LNG shipping market into the hands of energy giants

LONDON/SINGAPORE (Reuters) – The skyrocketing price of liquefied natural gas (LNG) shipping has alienated dozens of small traders, concentrating business in the hands of a handful of major global energy companies and major global trading houses. This grip is not expected to ease until 2026 when more LNG begins to emerge and lower prices, raising … Read more