WASHINGTON (Reuters) - The United States is concerned about China's ability to flood the electric vehicle market but U.S. incentives can increase the affordability of domestically-made EVs, the U.S. energy secretary said on Wednesday. We are very concerned about China bigfooting our industry in the United States even as we're building up now this incredible backbone of manufacturing, Energy Secretary...

12:41 PM EST, 03/06/2024 (MT Newswires) -- Raj Viswanathan (Group Head and Chief Financial Officer, The Bank of Nova Scotia ( BNS )) joined RBC's Global Financial Institutions Conference on Tuesday. RBC is maintaining its Sector Perform rating and $64 target. Select takeaways: Mortgage run-off is likely for at least one more quarter, and then there should be resumption of...

TORONTO, March 6 (Reuters) - Royal Bank of Canada ( RY ) plans to triple loans for renewable energy to C$15 billion ($11 billion) by 2030 as part of its efforts to achieve net zero emissions in its lending practices by 2050, Canada's largest bank said on Wednesday. RBC has come under attack by climate activists for being one of...

12:41 PM EST, 03/06/2024 (MT Newswires) -- Stellantis ( STLA ) said Wednesday it would invest 5.6 billion euros ($6.11 billion) in South America to support more than 40 new products, development and production of decarbonization technologies, and new business opportunities. The company said the investment from 2025 to 2030 is also part of its plans to achieve carbon net...