Focus on Finance
What’s behind Volkswagen’s $5 billion EV software bet on Rivian?
Volkswagen, Europe's biggest carmaker, plans to spend as much as $5 billion on an EV software partnership with U.S.-based Rivian
Rivian jumps as $5 billion Volkswagen investment signals ‘vote of confidence’
Rivian Automotive surged 36% premarket on Wednesday after a $5 billion investment from Volkswagen bolstered the loss-making startup
Analysis: A mountain of asset sales loom after oil megamerger era
US oil and gas companies could struggle to sell $27bn assets as wave of energy megamergers nears the end of regulatory reviews
Volkswagen stock slips on cost, implications of Rivian JV; Rivian soars
VW shares fell on Wednesday as investors worried about the cost and uncertainties of a joint venture with U.S. EV maker Rivian
Albemarle plans more lithium auctions to boost market transparency
"Lithium prices that we're facing at these levels are concerning...but I believe the energy transition is inevitable. Our long term demand projections (for...
Who is investing in energy around the world, and who is financing it?
Commentary from the IEA: To understand the prospects for a rise in capital investment in the energy sector, one must understand who is...
Berkshire Hathaway accelerates sales of China’s BYD
BEIJING/NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway has accelerated its selling of shares in BYD, China’s largest seller of electric vehicles. Berkshire...
Exxon-led Guyana oil group’s net jumps in 2023, margins top Nvidia’s
The offshore oil venture's revenue has soared by 23%.
Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows
The scope of Toyota's cross-shareholding is being closely watched by the market.
