Focus on Finance
EU tariffs hit growth in China’s electric car exports, industry body official says
Growth used to be at least 30-40%, and it has slowed to only more than 10%, meaning (the tariffs) had a 20-30 percentage...
Ottawa approves sale of Teck’s steelmaking coal business to Glencore
Ottawa says it has approved Teck Resources sale of a majority stake in its steelmaking coal business to Swiss commodities giant Glencore.
ADNOC’s Ruwais LNG to earmark 40% stake to Shell, Total, BP, Mitsui, sources say
Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors
BYD’s steep EV discounting in Thailand sparks backlash, PM seeks assurances
Thailand's consumer protection agency has initiated a probe into discounting by BYD dealers that left some buyers feeling they overpaid
Why are Chinese EVs facing EU scrutiny and tariffs?
Beijing has yet to react but a Chinese trade group condemned the bloc's "protectionism".
Canada approves Glencore takeover of Teck coal unit, with conditions
Ottawa has approved Glencore's acquisition of miner Teck Resources' steelmaking coal unit with strict conditions to preserve jobs.
Fisker seeks judge’s approval to sell Ocean EVs at $14,000 per SUV
Following the judge's nod, Fisker will be able to offload 3,321 EVs to New York-based American Lease for $46.25 million.
India asks utilities to order $33 billion in equipment this year to boost coal power output: sources
India has asked power companies to order equipment worth $33bn this year to fast track capacity additions of coal-fired power
EU governments hesitant on Chinese EV tariffs as trade spat escalates
EU countries are wavering over whether to back additional tariffs on Chinese-built EVs, as Beijing threatens wide-ranging retaliation
