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FILE PHOTO: Elon Musk attends the Breakthrough Prize awards in Los Angeles, California, U.S., April 13, 2024. REUTERS/Mario Anzuoni/File Photo
BusinessElectric Vehicles (EVs)FinanceNews

Musk’s small-investor army cheers apparent approval of $56B Tesla pay package

Elon Musk's army of small-investor allies took a victory lap with an endorsement for his $56 billion pay package after the Tesla CEO...

By Abhirup Roy13 Jun 2024Reuters
FILE PHOTO: A man walks past a logo of Renault during the presentation of the new Renault 5 E-Tech electric car at a pre Geneva show event in Aubervilliers, near Paris, France, February 12, 2024. REUTERS/Gonzalo Fuentes/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTransport

Renault sets sights on sporty EVs for profit boost

French automaker Renault presented an electric sports car on Thursday, the first in a planned range of premium EVs, which could help it...

By Gilles Guillaume13 Jun 2024Reuters
FILE PHOTO: Brookfield Asset Management Vice Chairman and former Bank of England Governor Mark Carney speaks during a panel discussion at the headquarters of the International Monetary Fund during the Annual Meetings of the IMF and World Bank in Washington, U.S., October 13, 2022. REUTERS/James Lawler Duggan/File Photo
BusinessClimateFinanceNews

Brookfield eyes $5 billion for UAE-backed climate fund

The fund, dubbed the Catalytic Transition Fund (CTF), was announced at the COP28 climate talks in Dubai last December.

By Simon Jessop13 Jun 2024Reuters
FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. REUTERS/David Swanson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Reaction to Musk’s post on voting for his $56 billion Tesla pay package

The company's attempt to seek a shareholder re-vote on the record-breaking pay has put the spotlight on CEO compensation in corporate America.

By Reuters13 Jun 2024Reuters
A red light on Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. The CEOs of Canada's five biggest banks are set to testify before a parliamentary committee later today about the impacts of the financial sector on climate and the environment. THE CANADIAN PRESS/Nathan Denette
BusinessClimateCourtsEnvironmentFinanceNewsPolitics

Bank CEOs to testify at parliamentary committee on climate impacts of finance

The chief executives of Royal Bank of Canada, TD Bank Group, BMO Financial Group, Scotiabank and CIBC are all scheduled to appear by...

By Ian Bickis13 Jun 2024The Canadian Press
Tech billionaire Elon Musk is encouraging shareholders in electric automaker Tesla to vote in favor of a plan that includes a massive pay package for the company's founder and chief executive (AFP)
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Musk says Tesla shareholders voting for his pay package by ‘wide margins’

The firm has campaigned to convince shareholders to approve Musk's giant compensation package - worth as much as $56 billion - ahead of...

By Elodie Mazein13 Jun 2024Agence France-Presse
FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo/
AnalysisBusinessCourtsElectric Vehicles (EVs)FinancePoliticsReportsTransport

Musk convincing Tesla investors to back his pay. Now he must persuade a judge

Musk on Wednesday evening said that shareholders were voting in favor of both the pay package and a board-sponsored move of Tesla's legal...

By Tom Hals13 Jun 2024Reuters
FILE PHOTO: A drone view shows houses submerged in floodwaters following heavy rainfall, at a village in Qingyuan, Guangdong province, China April 22, 2024. REUTERS/Tingshu Wang/File Photo
AnalysisBusinessClimateClimate FinanceFinanceIn-DepthPolitics

Explainer: The global fight over climate change funding

Nearly 200 countries will try to agree a new global goal for funding to fight climate change at this year's U.N. COP29 climate...

By Kate Abnett13 Jun 2024Reuters
The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessElectricityFinanceInfrastructureNewsUtilities

Eni’s Plenitude ready to list when market conditions are there, CEO says

Plenitude, the renewable business of Italian energy company Eni, is ready to list on the Milan bourse as soon as market conditions allow,...

By Reuters12 Jun 2024Reuters
FILE PHOTO: Fisker Ocean electric SUV vehicles are shown at one of the company’s sales, service and delivery centers in Vista, California, U.S., May 22, 2024. REUTERS/Mike Blake
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

EV startup Fisker to recall 18,000 vehicles in latest setback

Fisker said on Wednesday it was recalling more than 18,000 cars in North America and Europe due to faulty software and non-compliance with...

By Reuters12 Jun 2024Reuters

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FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskiy meet at Trump Tower in New York City, U.S., September 27, 2024. REUTERS/Shannon Stapleton//File Photo

Trump says US ‘pretty close’ to minerals deal with Ukraine

22 Feb 2025Reuters
FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo

EU to pare back sustainability rules for companies, draft shows

22 Feb 2025Reuters
FILE PHOTO: A BMW logo is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo

BMW says it will review timing of electric Mini production in UK

22 Feb 2025Reuters
X9 electric vehicles by Chinese EV manufacturer XPeng, waiting to be loaded on a ship headed for Thailand (AFP)

China’s EV maker XPeng eyes doubling global presence by year’s end

22 Feb 2025Agence France-Presse

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

8 Jan 2025Reuters
dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

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Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

4 Jan 2025The Conversation
Solar car port generating green electricity with cars parked at a parkade at the Telus Science Center in Calgary, Alta., on Oct. 30, 2024. (Ramon Cliff/Alamy via Reuters)

Learn from Canada’s world-leading battery energy storage production for transport

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