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BYD electric vehicles are seen at a BYD dealership in Brasilia, Brazil October 24, 2023. REUTERS/Adriano Machado/ File photo
BusinessElectric Vehicles (EVs)News

China’s BYD shows effects of price war with weaker first-quarter earnings

BYD profits show weakest growth since 2022 as Chinese EV market continues brutal discounts to attract customers.

FILE PHOTO: A truck transports new Tesla cars at its factory in Shanghai, China, May 13, 2021. REUTERS/Aly Song/File Photo
AutomotiveElectric Vehicles (EVs)News

Baidu, Tesla agree on mapping deal for FSD in China, sources say

Tesla FSD a step closer in China after domestic internet search giant reaches agreement on mapping data.

The trading floor of Norges Bank Investment Management, the Nordic countryÕs sovereign wealth fund in Oslo, Norway, June 2, 2017. REUTERS/Ints Kalnins/File Photo
BusinessEconomyFinanceNews

Norway wealth fund falls short on climate ambitions, NGO says

'Misalignment' reported between Norway wealth fund's push for net zero and actual voting record at oil major AGMs.

A staff member looks at Tesla's new Model 3 sedan displayed next to Model X SUV at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Elon Musk heading to China for visit to Tesla’s second-biggest market, sources say

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The logo of Mercedes-Benz is seen outside a Mercedes-Benz car dealer in Reze near Nantes, France, March 27, 2024. REUTERS/Stephane Mahe/ File Photo
AutomotiveBusinessCourtsEmissionsNewsPoliticsTransport

Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal

Mercedes-Benz says the U.S. Department of Justice has closed its probe into the company's diesel emissions scandal and the car manufacturer is no...

A worker is seen at Anglo American's Los Bronces copper mine in Chile, obtained by Reuters on April 26, 2024.  Anglo American/Handout via REUTERS/ File Photo
BusinessMineralsMiningNews

BHP considering improved proposal for Anglo American after bid was rejected, source says

(Reuters) -BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed...

News

Earthquake of magnitude 6.5 strikes Japan’s Bonin Islands, USGS says

An earthquake of magnitude 6.5 struck Japan’s Bonin Islands, the United States Geological Survey (USGS) said on Saturday. The quake was at a...

The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020.  REUTERS/Lucy Nicholson/File Photo
BusinessElectric Vehicles (EVs)LabourNews

Tesla job cuts: EV-maker to lay off 693 employees in Nevada, says notice

Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, the electric-vehicle maker said in its Worker Adjustment and Retraining...

FILE PHOTO: Secretary General of Organization of the Petroleum Exporting Countries (OPEC) Haitham Al Ghais speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo
Carbon ManagementEmissionsHydrogenNewsOil

‘End of oil not in sight’, says OPEC Secretary General

OPEC Secretary General Haitham Al Ghais wrote there is "a worrying trend of narratives" that use terms like the end of oil, which...

FILE PHOTO: A view shows the Tesla logo on the hood of a car in Oslo, Norway November 10, 2022. REUTERS/Victoria Klesty/File Photo
Electric Vehicles (EVs)NewsPoliticsRegulations

Two senators want US to order Tesla to restrict Autopilot use

Two U.S. senators on Friday urged regulators to bar Tesla from allowing the use of driver assistance system Autopilot on roads where it...

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