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FILE PHOTO: 2025 Ford Mustang GTD is displayed at the Los Angeles Auto Show, in Los Angeles, California, U.S., November 21, 2024. REUTERS/Daniel Cole/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)News

Ford’s US sales rise 4.2% in 2024

The automaker posted total annual sales of 2,078,832 units, compared with the 1,995,912 units it sold a year ago.

FILE PHOTO: A Stellantis worker stands at work during production at the group's new electrified dual-clutch transmission (eDCT) assembly facility in the Mirafiori complex in Turin,Italy, April 10, 2024. REUTERS/Massimo Pinca/File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

Stellantis Italy output falls 37% in 2024, car production hits 68-year low 

Production of cars in particular shrank by 46% to the lowest since 1956, while output of new commercial vehicles fell 17%.

CourtsNewsOilPolitics

Russian court tells Yandex to hide images of oil refinery after Ukrainian attacks, TASS says

Ukraine has staged numerous strikes on Russian oil storage facilities and refineries, responding to Moscow's February 2022 invasion.

A view shows the city amid air pollution in Hanoi, Vietnam, January 3, 2025. REUTERS/Thinh Nguyen
ClimateElectric Vehicles (EVs)EmissionsEnvironmentNewsTransport

Hanoi declared world’s most polluted city, authorities seek action

Hanoi has a target for at least 50% of buses and 100% of taxis to be EVs by 2030.

FILE PHOTO: Tesla CEO Elon Musk attends a conference organized by the European Jewish Association in Krakow, Poland, on January 22, 2024. REUTERS/Lukasz Glowala/File Photo
BusinessElectric Vehicles (EVs)NewsPolitics

Musk donated $108 million in Tesla shares to unnamed charities, filing shows

Elon Musk donated 268,000 Tesla shares worth $108.2M to unnamed charities as part of year-end tax planning, filings reveal.

FILE PHOTO: Finnish Coast Guard stops a small boat which tried to reach the oil tanker Eagle S anchored near the Kilpilahti port in Porvoo, on the Gulf of Finland December 30, 2024.  Lehtikuva/Jussi Nukari/via REUTERS/File Photo
InfrastructureMaritimeNewsPoliticsTransmissionTransport

Finland power grid operator asks court to seize tanker over cable damage

The undersea power cable linking Finland and Estonia was damaged on Dec. 25 along with four telecoms lines.

FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/File Photo
Critical MineralsMineralsNewsPoliticsTrade

China proposes further export curbs on battery, critical minerals tech

The restrictions could hinder the overseas expansion plans of major Chinese battery makers.

FILE PHOTO: A sign is displayed on the Morgan Stanley building in New York, U.S., July 16, 2018. REUTERS/Lucas Jackson/File Photo
News

Morgan Stanley to leave sector climate coalition

The decision by Morgan Stanley follows similar moves in recent weeks by Citigroup, Bank of America, Wells Fargo and Goldman Sachs.

FILE PHOTO: The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo
BusinessElectricityNewsOffshore WindWind

Equinor secures $3 billion financing for U.S. Empire Wind 1 project

The company expects the total capital investments to be around $5 billion.

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