Former central banker Mark Carney will have to deal with major trade issues with the US and China after he is sworn in as Canada's new leader in coming days

US President is drafting an executive order that will set up a Maritime Security Trust Fund as a funding source and create shipbuilding incentives through tax credits, grants and loans

The move aims to counter China's growing domination of the global shipbuilding and logistics – and encourage US shipyards to build more vessels.

Auto body fears 25% tariffs on auto imports from Japan, Mexico and Canada will harm the economies of all countries if the Trump Administration goes ahead

Researchers say that even a complete overhaul of existing energy systems in favour of renewables would be far less expensive than deploying carbon capture tech

Experts at the International Energy Agency say China's fuel use has already reached a plateau and may even have passed its peak

There has been no hint yet of any progress in talks between Beijing and Washington, with Trump saying last week he was in no hurry to speak to his Chinese counterpart Xi Jinping

The global average temperature last month was 1.75 degrees Celsius higher than in pre-industrial times

"These moves are warnings that China intends to harm US interests if need be, but still give China the option to back down," one analyst said

Support for an Alaska pipeline is one of a few energy deals Tokyo is considering for when PM Shigera Ishiba meets with Donald Trump, to ease trade friction concerns

At least four plants with a combined annual processing capacity of 18 million metric tons either closed crude oil distillation units this month or plan to in February after Beijing cut tax rebates

WTO director-general Ngozi Okonjo-Iweala warned that tariffs of 25% or 60% could trigger tit-for-tat reprisals that return the world to the economic crisis of the 1930s