Focus on Finance
US finalizes $9.63 billion loan for Ford, SK On joint battery venture
The U.S. Energy Department finalized a $9.63 billion loan for Ford and SK On to build three battery plants in Kentucky and Tennessee.
Lamborghini delays first EV launch to 2029 as market not ready
Lamborghini plans to launch its first electric model in 2029, citing market readiness concerns, while Ferrari debuts its EV in 2025.
US case against India’s Gautam Adani appears strong but extradition unlikely, experts say
The U.S. Justice Department declined to comment on whether the United States had asked India to extradite Gautam Adani.
Judge clears way for Musk appeal to try to restore $56 billion Tesla pay
A Delaware judge has allowed Elon Musk and Tesla to appeal a ruling that invalidated Musk's $56 billion pay package, citing fiduciary breaches.
US House panel finds BlackRock, other asset managers leery of joining climate initiative
U.S. asset managers avoided climate initiatives fearing regulatory scrutiny, as GOP alleges a "climate cartel" collusion scheme.
Wall Street mostly upbeat on GM’s decision to pull the plug on Cruise
GM's Cruise shutdown signals Wall Street's waning patience with autonomous vehicle investments and speculative tech bets.
Kinder Morgan forecasts higher profit in 2025
The company said it was expecting an adjusted earnings per share of $1.27, up eight per cent compared with its forecast of $1.17...
BNP Paribas’ fund arm to exclude new oil and gas bonds
BNP Paribas AM to halt investment in new bonds of oil and gas firms, urging transitions to sustainable energy models.
GE reaches $362.5 million shareholder settlement over power unit
GE will pay $362.5 million to resolve a shareholder lawsuit over hidden risks at its power business.
Gap between national targets and market realities threatens climate goals: Ember
Ember: Governments should close critical gap between the rapid growth of renewable energy markets and stagnant national climate targets.
