Thursday, 13 February 2025

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FILE PHOTO: Scott Ostfeld, managing partner and portfolio manager with  JANA Partners LLC., speaks during the 13D Monitor's Active-Passive Investor Summit in New York City, U.S., October 17, 2023. REUTERS/Brendan McDermid/File Photo
BusinessElectric Vehicles (EVs)FinanceNews

Activist Jana Partners urges Wolfspeed to eye sale, other strategic alternatives

Despite Wolfspeed's differentiated manufacturing capabilities and critical role as a U.S. supplier supporting the energy transition, every current shareholder appears to have lost...

FILE PHOTO: An oil tanker is seen on Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia/File Photo
BusinessEconomyNewsOilPolitics

Venezuela to accelerate cryptocurrency shift as oil sanctions return

Venezuela's state-run oil company PDVSA plans to increase cryptocurrency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on...

A Saipem logo in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa's harbour, Italy, November 19, 2015. Picture taken November 19, 2015. REUTERS/Alessandro Garofalo/ File photo
BusinessNewsOil

Italy’s Saipem says first-quarter core earnings jump 40%

Italian energy contractor Saipem says its first-quarter adjusted core earnings rose 40% on the same period of last year, driven by growth at...

FILE PHOTO: The logo of Poland's largest refiner, Orlen, is displayed at a petrol station in Bialystok, Poland, October 2, 2023. REUTERS/Kacper Pempel/File Photo
BusinessCourtsElectionsNewsOilPolitics

Polish oil refiner Orlen wants former management probed: radio report

The new management team of Polish refiner Orlen has asked prosecutors to probe its accusations that former members of the management and supervisory...

FILE PHOTO: An electric vehicle is plugged into a charging station in Bilbao, Spain, February 15, 2023. REUTERS/Vincent West/File Photo
AutomotiveBiofuelsEconomyElectric Vehicles (EVs)EmissionsHydrogenLegislationNewsPoliticsRegulations

EU’s 2050 net-zero goals at risk as EV rollout faces setbacks: external auditor

The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles remain unaffordable...

BusinessCritical MineralsFinanceMineralsNews

Energy Fuels shares down 10% after announcing deal for Base Resources

TORONTO — Shares of Energy Fuels Inc. were down 10 per cent in late-morning trading after the company announced a deal to buy...

FILE PHOTO: The logo of  copper miner Freeport-McMoRan Inc is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022.  REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsMiningNews

Lower prices, stubborn costs to hit copper miners’ quarterly results

Copper mining companies expected to report decline, with average benchmark copper prices down due to concerns over demand in China and fears of...

The project will be built off the coast of Peterhead, Aberdeenshire (Ben Birchall/PA)
ElectricityNewsWind

World’s biggest floating offshore wind farm gets go-ahead in Scotland

Green Volt wind farm will boast up to 35 floating turbines and provide 560 megawatts of energy off the coast of Aberdeenshire, Scotland.

FILE PHOTO: Climate change protesters hold signs outside Westminster Magistrates' Court, on the day of Greta Thunberg's trial in London, Britain, February 1, 2024. REUTERS/Isabel Infantes/File Photo
ClimateCourtsNews

Judge dismisses case against activist who held sign outside trial

Retired social worker told jurors they had a right "to acquit… according to your conscience", but climate activist spared punishment as judge rules...

FILE PHOTO: A Tesla Model X is shown at a Tesla service center in Costa Mesa, California, U.S., October 20, 2020.   REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)News

Tesla shares drop on price cuts in run-up to earnings

As investors wait for quarterly earnings report, market trading dips after $2,000 cuts to electric vehicle models.

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