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Chinese flag and Tesla logo is seen through a magnifier in this illustration taken January 7, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Tesla’s China-made EV sales fall 18% y/y in April

BEIJING (Reuters) – U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, lagging the broader market’s...

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/Files
BusinessFinanceNewsOil

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income

Aramco expects to pay $31bn in dividends to the Saudi government and its shareholders despite reporting lower earnings for Q1 on Tuesday

Toyota's logo on its Camry model is pictured at its head office in Tokyo, Japan August 4,  2017. REUTERS/Kim Kyung-Hoon/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Toyota to get an earnings lift from hybrids as EV hype cools

Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday

FILE PHOTO: Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
EconomyNewsOilPoliticsTrade

Iran’s capacity to move oil reliant on Malaysian providers: US Treasury official

The U.S. Treasury is increasing its focus on financing for militant groups routed through Southeast Asia, including through fundraising efforts and illicit sales...

A Zeekr 001 is displayed during a launch event in Gothenburg, Sweden, June 28, 2023. REUTERS/Johan Ahlander/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

China’s Zeekr to close $367.5 million New York IPO one day early, source says

Chinese EV maker Zeekr Intelligent Technology Holding will close its New York IPO bookbuilding to raise up to $367.5 million on Wednesday

A staff member of Chinese electric vehicle (EV) maker Nio drives a Nio car as he demonstrates to media about the operation of the new battery swapping station, at a delivery center of the company, in Nanxiang, Shanghai, China March 23, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

China’s Nio turns to rival BYD to power new EV brand, sources say

China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a...

FILE PHOTO: The logo of Australian investment bank Macquarie Group adorns a desk in the reception area of its headquarters in Sydney, Australia, Oct. 28, 2016. REUTERS/David Gray/File Photo
BusinessElectionsFinanceNewsPolitics

Macquarie eyes rise of protectionism in upcoming US, EU elections

Voters rattled by a cost-of-living and energy crisis, illegal migration and a changing geo-political landscape seek alternatives beyond mainstream parties.

FILE PHOTO: A Marathon Oil well site is seen, as oil and gas activity dips in the Eagle Ford Shale oil field due to the coronavirus disease (COVID-19) pandemic and the drop in demand for oil globally, in Texas, U.S., May 18, 2020. REUTERS/Jennifer Hiller//File Photo
BusinessEconomyFinanceNewsOilPolitics

Oil prices edge up after Israel strikes Gaza, truce talks continue

Oil prices ticked up early on Tuesday after Israel struck Rafah in Gaza while negotiations for a ceasefire with Hamas continued without resolution.

FILE PHOTO: China's special envoy for climate change Liu Zhenmin speaks at the China Development Forum (CDF) 2024, in Beijing, China March 24, 2024. REUTERS/Jing Xu/File Photo
ClimateNewsPoliticsTrade

China’s climate envoy to visit Washington this week, U.S. State Department says

The Biden administration had previously said that U.S. climate change diplomat John Podesta would meet Liu Zhenmin in Washington sometime in May, resuming...

FILE - In this aerial drone photo provided by the California Department of Water Resources, the primary pump in the foreground is part of a groundwater recharge project designed to capture excess flow for groundwater storage in Fresno County on March 13, 2023. After massive downpours flooded California’s rivers and packed mountains with snow, the state reported Monday, May 6, 2024, the first increase in groundwater supplies in four years. (Andrew Innerarity/California Department of Water Resources via AP, File)
ClimateEnvironmentNewsWeather

California reports the first increase in groundwater supplies in 4 years

California has been seeking to step up groundwater recharge with ever-drier years expected from climate change.

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