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FILE PHOTO: Visitors stand near the Honda booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo
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Honda to cut ICE car production capacity in China, Nikkei reports

Honda will close three of its seven production lines in China, reducing its annual ICE vehicle capacity to 1 million from 1.49 million.

BusinessElectricityNewsNuclear PowerRegulationsTransmissionUtilities

Enel chairman says investments in grids are financially attractive

Investments in power grids are attractive for Italian power utility Enel and other groups that distribute electricity because, once approved by the authorities,...

A view of cars on the road during rush hour traffic jam in San Francisco, California, U.S. August 24, 2022. REUTERS/Carlos Barria/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

U.S. new light vehicle sales to rise about 1% in July: report

The share of Battery Electric Vehicles is expected to reach 7.8% in July, aided by the rollouts of new models from car makers...

FILE PHOTO: Logo of Anglo American is seen on a jacket of an employee of the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
BusinessCoalFinanceFuelMineralsMiningNews

Anglo American to face investors with wary eye on BHP’s potential return

Anglo American investors will keenly scrutinize CEO Duncan Wanblad's update on Thursday, just months after BHP takeover bid

FILE PHOTO: Miniatures of windmill, solar panel and electric pole are seen in front of NextEra Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyElectricityFinanceInfrastructureNewsPoliticsUtilities

Utility NextEra reports Q2 profit miss as segment sales slide

NextEra Energy missed profit estimates for the second quarter, hurt by higher interest rates and expenses in its renewables segment

FILE PHOTO: The logo for Canadian mining company Teck Resources Limited is displayed above their booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo
BusinessCritical MineralsFinanceMineralsMiningNews

Canada’s Teck Resources beats second-quarter profit estimates

Canadia's Teck Resources beat Q2 profit estimates on Wednesday, helped by higher production of copper at its Quebrada Blanca mine in Chile

FILE PHOTO: Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez/File Photo
AutomotiveBusinessCourtsNews

Rivian to face trial in Tesla trade secrets theft case, judge says

After judge denies dismissal of lawsuit, Rivian-Tesla trial set to go ahead after company allegedly Elon Musk's employees.

FILE PHOTO: An oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia, June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
BusinessFinanceFuelInfrastructureNewsOilTransmission

Russia considering ban on diesel exports, Kommersant reports

The Russian government is considering a ban on exports of diesel due to rising domestic prices, the Kommersant daily reported on Wednesday

A Texas Instruments Office is shown in San Diego, California, U.S., April 24, 2018.  REUTERS/Mike Blake/file photo
BusinessElectric Vehicles (EVs)FinanceManufacturingNews

Analog chipmaker Texas Instruments beats second-quarter profit estimates

Texas Instruments' Q2 profit beat estimates as analog chip demand stabilized; shares rose 4%, year-to-date gain 16%.

FILE PHOTO: CEO of Rolls-Royce Tufan Erginbilgic addresses the audience during a signing ceremony in Istanbul, Turkey, April 29, 2024. REUTERS/Umit Bektas/File Photo
AviationIndustryManufacturingNewsTransport

Rolls-Royce exploring technology for narrow-body jet market

Rolls-Royce develops a smaller Ultrafan engine for next-gen narrow-body jets, exploring tech with aircraft manufacturers.

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