Reuters
Coterra Energy posts lower quarterly profit
U.S. oil and gas producer Coterra Energy posted a 22 per cent decline in third-quarter profit on Thursday, hurt by weak prices of...
US oil output hits monthly record high in August, EIA says
US oil production rose 1.5 per cent in August to a monthly record high of 13.4 million bpd, the Energy Information Administration said.
Carlyle sells holding in Tunisia-focused Mazarine Energy to CEO
Carlyle exits Mazarine Energy, selling majority stake to CEO van Kersbergen for continued growth in Europe and Africa.
EV maker Nikola posts bigger-than-expected quarterly loss, shares fall
The EV maker's shares plunged 5% on the news that it had fallen over $10 million short of revenue expectations.
Panasonic’s battery unit Q2 operating profit rises 42%, keeps forecast
TOKYO (Reuters) -Japan’s Panasonic Holdings said on Thursday second-quarter operating profit rose 42% at its battery-making energy unit, as stronger sales of energy...
Inaction on emissions could cut developing Asia’s GDP by 17% by 2070, ADB says
While mitigation efforts have gained momentum, they remain insufficient to meet global targets, the ADB said in its inaugural climate report.
Korea Zinc shares plunge for second day ahead of watchdog briefing
Shares in Korea Zinc dropped 23.2 per cent on Thursday, following a dismal Wednesday in which they dropped 29.9 per cent.
BHP leaves a new offer for British copper miner Anglo on the table
BHP says chairman's comments don’t rule out new Anglo American bid despite “moving on” to other growth opportunities.
Volkswagen calls for 10% pay cuts
Volkswagen wants its workforce to take pay cuts of 10 per cent in order to remain competitive and safeguard jobs.
Nissan may partner with Renault on new small EV for Europe
Renault, Nissan discuss a joint EV version of Renault’s Twingo to debut in 2026 under 20,000 euros, aiming to compete with Chinese EVs.
