Focus on Finance
Businesses share £7.2m in grants to boost decarbonisation
The latest round of funding has been awarded to nine businesses, including food and drink manufacturers and timber pallet processing.
US utilities poised to ride data center demand wave in second half
U.S. electric utilities are optimistic about sales growth, driven by data center demand fueled by the AI boom, with significant supply deals boosting...
Chinese mining firm subsidiary disputes Ottawa’s review of Peruvian gold mine deal
A subsidiary of a Chinese state-owned mining firm says Canada is wrongly considering national security review in its Peruvian mine purchase
Tesla stops taking orders for cheapest Cybertruck, offers $100,000 version now
Tesla's $100k Cybertruck available for immediate order and delivery, according to Tesla website, though demand is lower than predicted
Nikola posts smaller-than-expected loss on robust truck demand
Nikola beat posted a smaller-than-expected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs
Algonquin to sell renewables unit for up to $2.5 billion to ease debt
Canada's Algonquin Power & Utilities Corp said on Friday that it is selling its renewable energy business for up to $2.5 billion
China auto sales fall in July, while exports jump about 20% as automakers expand across the globe
Auto sales in China slipped 5% from a year earlier, although exports jumped 20% as makers of electric vehicles expanded into global markets
Pembina Pipeline earns $479 million in Q2, ups full-year forecast
Pembina Pipeline reports a 32% Q2 profit surge, boosted by higher revenue and pipeline volumes following recent acquisitions.
Committed to China operations despite challenges: General Motors
GM reaffirms commitment to a profitable China operation amid competition and investor scrutiny, eyeing restructuring efforts.
