Focus on Finance
Tesla loses market share in Sweden, Norway as Musk looms large
OSLO (Reuters) – Tesla lost market share in Sweden and Norway in January, car registration data showed on Monday as the U.S. electric...
China Evergrande’s EV unit says struggling to attract investors amid liquidity crisis
(Reuters) – China Evergrande New Energy Vehicle said on Monday it is struggling to attract strategic investors amid a severe liquidity crisis, which...
Shell annual profit drops to $16 bn as oil prices fall
In late 2024, Shell announced it was cutting hundreds of jobs from its oil and gas exploration division to reduce costs.
Tesla shares rise in Frankfurt despite earnings miss
Tesla's market value has jumped with the election of U.S. President Donald Trump, a close ally of CEO Elon Musk.
Northvolt asks shareholders for $1.3 billion for next two years, sources say
By Marie Mannes, Christina Amann and Emma-Victoria Farr STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide...
EV maker VinFast’s losses heap pressure on parent Vingroup as foreign investors sell
By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Vietnamese conglomerate Vingroup is facing renewed scrutiny on its strategy of backing loss-making electric...
Ofgem boss demands new powers to recoup cash when energy firms collapse
The boss of energy regulator Ofgem has called for more powers to make sure customers rather than investors get compensated when suppliers go...
Scotiabank joins major Canadian lenders quitting global climate coalition
Bank of Nova Scotia on Monday joined some of Canada's biggest lenders to walk away from a global banking sector climate coalition.
Central banks’ green push hits a hurdle as Fed drops out
A global effort by central banks to join the fight against climate change has hit a major hurdle with the U.S. Federal Reserve's...
