Reuters
GM to launch its first ethanol-capable hybrid-flex vehicles in Brazil
General Motors saidit would begin producing its first-ever hybrid-flex vehicles that can run on 100% ethanol or gasoline alongside their batteries in Brazil.
Biden preparing to block Nippon’s US Steel takeover: report
U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, the Washington Post reported on Wednesday, citing three unnamed...
Daimler Truck appoints board member Karin Radstrom as new CEO
Germany's Daimler Truck Holding AG said on Wednesday it had appointed Karin Radstrom as its new CEO, effective Oct. 1.
US oil, gas M&A nears 2023 record, focus shifts from Permian – Rystad
Oil megamergers and consolidations have cost $100bn so far this year with $46bn of further assets up for sale, according to analysis.
Citi says oil prices could average $60/bbl in 2025 without cuts
If OPEC+ doesn't reduce production further, say analysts, oil prices could drop to $60 a barrel in 2025.
Putin to discuss gas supply contract with Serbian deputy PM
Russian gas already sent to Serbia but Putin will discuss supply contract with country's Deputy Prime Minister.
Ukraine cuts output at nuclear plant after Russian attacks
Reduction of power produced at Ukraine nuclear facility comes after Russian attacks on transmission systems and infrastructure.
Ancient Roman Arch of Constantine damaged after violent storm
Rome's Arch of Constantine was damaged by a lightning strike during a storm, prompting immediate conservation efforts.
Global data center industry to emit 2.5 billion tons of CO2 through 2030: Morgan Stanley
Data center growth will add 2.5 billion metric tons of CO2 emissions by 2030, spurring investments in decarbonization solutions.
Chinese electric carmaker BYD denies pause on Mexico plant plans
BYD denied a Bloomberg report claiming it delayed plans for a Mexico factory, stating no decision has been postponed.
