Wednesday, 20 November 2024

Focus on Business

FILE PHOTO: Korea Zinc Chairman Yun B. Choi speaks during a press conference in Seoul, South Korea, November 13, 2024.   REUTERS/Kim Hong-Ji/File Photo
AnalysisBusinessCritical MineralsPoliticsRegulations

Analysis: Korea Zinc takeover battle tests Seoul’s resolve on tackling ‘Korea discount’

The Korea Zinc takeover battle highlights weak investor protections, fueling calls for reforms to tackle South Korea's "Korea discount."

entrus Energy's Technology and Manufacturing Center in Oak Ridge, Tenn., Wednesday, Nov. 20, 2024, after the company announced an expansion of its production of centrifuges at the Tennessee facility to be used for to enrich uranium, which fuels nuclear power plants, at its operations in Piketon, Ohio. (AP Photo/Jonathan Mattise)
AnalysisBusinessCritical MineralsElectricityNuclear PowerPoliticsRegulationsSmall Modular Reactors

As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically

Centrus Energy's $60M Tennessee expansion boosts U.S. uranium enrichment amid nuclear power growth and reduced reliance on Russia.

FILE PHOTO: A piece of equipment with an Nvidia logo is displayed at COMPUTEX in Taipei, Taiwan June 4, 2024. REUTERS/Ann Wang/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)NewsRegulationsSemiconductor

Nvidia’s AI chip demand still booming but slowing sales growth worries investors

Nvidia’s Q4 forecast topped estimates, but shares fell as sky-high investor expectations and supply-chain snags challenge big revenue beats.

FILE PHOTO: Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen/File Photo
BusinessCourtsElectricityNewsRegulationsSolarTrade

Billionaire Gautam Adani of India’s Adani Group indicted in US bribery case

Adani Group's Gautam Adani indicted in U.S. for $250M bribery scheme tied to $2B solar profits, deceiving investors, say prosecutors.

US auto executives are preparing for a potential pullback on electric vehicle mandates under the incoming Trump administration (AFP)
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

Awaiting Trump, US auto execs further temper EV push

US automakers may slow EV production as Trump targets Biden's climate policies, including the $7,500 EV tax credit from the Inflation Reduction Act.

FILE PHOTO: U.S. Secretary of Energy Jennifer Granholm speaks at a press conference during the United Nations Climate Change Conference (COP29), in Baku, Azerbaijan November 15, 2024. REUTERS/Murad Sezer/File Photo
BusinessHydrogenNewsPolitics

US awards up to $2.2 billion to speed clean-hydrogen development

U.S. awards $2.2B for Gulf Coast and Midwest hydrogen hubs to advance clean energy, cut emissions, and boost energy security.

FILE PHOTO: A logo is pictured on the factory of STMicroelectronics in Plan-les-Oautes near  Geneva, Switzerland, December 6, 2016. REUTERS/Denis Balibouse/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsRegulationsSemiconductorTrade

STMicro partners with Hua Hong as chipmakers need China, says CEO

STMicroelectronics partners with China's Hua Hong, citing local production as key to competing in the fast-evolving Chinese EV market.

FILE PHOTO: A banner depicting Ford Super Duty pickup truck is pictured outside Ford's Kentucky truck plant as a United Auto Workers (UAW) union members pickets after going on strike in Louisville, Kentucky, U.S. October 12, 2023.  REUTERS/Luke Sharrett/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsSemiconductorStorage

UAW says majority of workers at Ford joint-venture battery plant sign union cards

A majority of workers at a Ford Motor battery plant in Kentucky have signed cards indicating their support for the United Auto Workers,...

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPolitics

Stellantis again pauses Italy plants as minister wants new investments

Stellantis pauses production at two Italian plants amid EV challenges, as Rome demands clear investment plans to secure jobs.

FILE PHOTO: A view of an automated transport system in the clean room of U.S. chipmaker GlobalFoundries' new fabrication plant in Singapore September 12, 2023. REUTERS/Edgar Su/File photo
BusinessEconomyElectric Vehicles (EVs)IndustryNewsSemiconductor

US finalizes $1.5 billion chips award for GlobalFoundries to expand production

GlobalFoundries secures $1.5B U.S. subsidy to expand semiconductor production in New York and Vermont, boosting chip supply chains.

Login into your Account

Please login to like, dislike or bookmark this article.