Latest Government aid for industry News

Syria to close govt agencies for 2 days amid fuel crisis

Dec. 06, 2022 11:16 AM EST

DAMASCUS, Syria (AP) — Syria's government will close state agencies for two days in December due to severe fuel shortages caused by a disruption in the arrival of supplies and Western sanctions, state media reported Tuesday. The decision to close the institutions on Dec. 11 and...

Governments gather in Canada in bid to boost biodiversity

Dec. 06, 2022 11:07 AM EST

BOSTON (AP) — Amid warnings that biodiversity is in freefall, environmental leaders will gather in Montreal to hammer out measures aimed at shoring up the world's land and marine ecosystems and coming up with tens of billions of dollars to fund these conservation efforts. Delegates...

US, EU agree to intensify talks on 'green subsidies' dispute

Dec. 05, 2022 15:48 PM EST

WASHINGTON (AP) — The United States and European Union agreed Monday to intensify talks to resolve EU concerns over major subsidies for American companies contained in a U.S. clean energy law. Although no deal was reached at a meeting of the bilateral bilateral Trade and...

Orban says Hungary will stick to veto of EU-Ukraine aid plan

Dec. 02, 2022 06:14 AM EST

BUDAPEST, Hungary (AP) — Hungary's prime minister said Friday that he will continue to oppose a European Union plan to provide an 18-billion-euro ($19-billion) aid package to Ukraine in 2023, a position that promises sustained tensions as the bloc and the nationalist Hungarian government wrangle...

EXPLAINER: US-European differences on climate law persist

Dec. 01, 2022 19:31 PM EST

WASHINGTON (AP) — President Joe Biden on Thursday tried to allay concerns raised by French President Emmanuel Macron about a clean energy law that benefits electric vehicles and other products made in North America. But the U.S. and Europe remain divided over the landmark law. ...

Security review after protesters disrupt Berlin air traffic

Nov. 25, 2022 07:35 AM EST

BERLIN (AP) — Authorities in Germany on Friday were reviewing security measures at Berlin's airport a day after six climate activists invaded the grounds and briefly disrupted flights. German news agency dpa quoted a spokesman for Berlin Brandenburg Airport saying that Thursday's...

German extends energy subsidy plan for consumers, companies

Nov. 22, 2022 06:54 AM EST

BERLIN (AP) — Consumers and businesses in Germany will receive subsidies to soften the blow of higher natural gas and electricity prices starting in January, two months earlier than originally planned, officials said Tuesday. The move is part of a larger pot of almost 300 billion...

Feds offer $1B to keep California's last nuclear plant open

Nov. 21, 2022 15:05 PM EST

WASHINGTON (AP) — The Biden administration on Monday announced preliminary approval to spend up to $1.1 billion to help keep California's last operating nuclear power plant running, even as officials turned down a request for financial aid to restart a closed nuclear plant in Michigan. ...

UK budget takeaways: Higher taxes, more aid to needy

Nov. 17, 2022 10:03 AM EST

LONDON (AP) — The British government on Thursday unveiled an emergency budget featuring billions in tax increases in a bid to restore trust and stability in the U.K. economy and help millions struggling to cope with a deepening cost-of-living crisis. Treasury chief Jeremy Hunt said...

Crypto exchange giant FTX collapses, files for bankruptcy

Nov. 11, 2022 20:29 PM EST

NEW YORK (AP) — It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court. The embattled cryptocurrency exchange, short billions of dollars, sought bankruptcy protection after the exchange experienced the crypto...