Monday, 21 April 2025

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First Minister of Scotland John Swinney during a visit to meet an innovative consortium of bus operators (Jane Barlow/PA)
BusinessClimateEconomyElectric Vehicles (EVs)EmissionsFinanceFuelNewsPoliticsPublic TransitTransport

John Swinney announces over £40m in funding to deliver 252 electric buses

The Scotland First Minister said the vehicles would reduce greenhouse gas emissions by more than 600,000 tonnes.

FILE PHOTO: A Volkswagen ID. Buzz and a Volkswagen Beetle are seen during the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsTradeTransport

Volkswagen is reeling in China. Can EVs help it grow in the US?

The German automaker is planning 30 new electric or hybrid models in China in a bid to lift its market share to 15%. 

FILE PHOTO: A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)FinanceMineralsMiningNews

Australia’s Lynas Rare Earths fourth-quarter revenue falls 13.3%

Lynas Rare Earths' Q4 revenue fell 13.3% due to increased Chinese production, impacting prices, with sales at A$136.6 million and lower production of...

Nvidia, Broadcom and Texas Instruments were among the chip companies that rose more than two percent (AFP)
BusinessElectric Vehicles (EVs)ElectricityFinanceNewsSolarStorage

Rebounding semiconductor shares lead US stocks higher

Nvidia, Broadcom and Texas Instruments were among the chip companies that rose more than two per cent.

FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier/File Photo
BusinessEconomyFinanceInfrastructureNewsOilRegulationsTransmission

Canada’s Trans Mountain Pipeline weighs debt deal ahead of potential sale: report

Trans Mountain plans bond market refinancing to manage its C$25.3 billion debt ahead of the Canadian government's sale of the pipeline.

John Swinney came under fire form the Tories as he announced Scottish Government cash towards a pipeline to carry CO2 emissions from the central belt to the north-east (Andy Buchanan/PA)
BusinessCarbon ManagementEconomyEmissionsEnvironmentFinanceFuelNewsPolitics

John Swinney pledges £2m for pipeline for carbon capture project

Scottish First Minister under fire as he announced Scottish Government funding towards carbon capture project

FILE PHOTO: FILE PHOTO: A staff member looks at Tesla's new Model 3 sedan displayed next to Model X SUV at the China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 2, 2023. REUTERS/Florence Lo/File Photo/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPublic TransitTransport

Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus

Tesla's Q2 margin likely to hit a more than five-year low, CEO Elon Musk is expected to double down on robotaxi plans and...

FILE PHOTO: Ford Motor Co. displays its new 2020 F-Series Super Duty pickup truck in Detroit, Michigan, U.S., January 31, 2019. Picture taken January 31, 2019.     REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

GM, Ford profit may take a hit from cooling EV demand, US dealer software outage

GM and Ford may post lower profit when they report quarterly results this week, as the industry's high-stakes bet on EVs fails to...

FILE PHOTO: A woman walks past Anglo American Platinum's Unki mine in Shurugwi, Zimbabwe, May 16,2019. REUTERS/Philimon Bulawayo/File Photo
BusinessCritical MineralsFinanceLabourMineralsNews

Amplats says on track to demerge in 2025, plans secondary London listing

Amplats expects its demerger from parent company Anglo American to be completed next year and is planning a secondary listing in London

FILE PHOTO: Oil tankers the Yamilah III and the Bow Gemini are seen anchored in New York Harbor in New York City, U.S., May 24, 2022.  REUTERS/Brendan McDermid/File Photo
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Oil market likely to be in surplus next year, Morgan Stanley says

Crude oil market is currently tight but next year will likely be in surplus, with Brent prices declining to $70 range, Morgan Stanley...

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