Wednesday, 12 February 2025

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FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Battery maker LGES offers measured 2025 outlook after slow EV demand drags down Q3 profit

The company also expects the result of the U.S. election next week to have a significant impact on EV market direction, its CFO...

FILE PHOTO: A Volkswagen logo is seen at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)LabourManufacturingNewsTrade

Volkswagen weighs wage cuts, bonus reductions in push to save four billion euros: report

Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10 per cent wage cut and a two-year wage...

From left, Steve Harper, executive director of international business and skills at Invest NI; Sharon Cousins, client manager, Invest NI; Chris Doherty, managing director of Joulen; Economy Minister Conor Murphy; and Hans Jorg Holzenbein, chief executive and co-founder of SonneNext (Handout/PA)
BusinessElectricityEmissionsNewsSolar

Belfast-based energy services firm secures £4m contract in Germany

Joulen wins £4M German deal with SonneNext, expanding its AI platform, Paris, and creating 13 jobs in Northern Ireland.

Indonesia aims to become one of the world's top three producers of EV batteries. Indonesia could be perfectly placed to become a battery-making giant because it has the world's largest nickel reserves. (AFP)
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Indonesia bets on SE Asia’s first battery plant to become EV hub

Indonesia hosts the world's largest nickel reserves — now, the country is looking to capitalize on them and kick start its battery industry.

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. Elon Musk was wrongfully ordered to remove a tweet discussing unionization of Tesla workers, a court has ruled. REUTERS/David Swanson/File Photo
BusinessElectric Vehicles (EVs)LabourNews

US labor board wrongly ordered Tesla’s Musk to delete anti-union tweet, court rules

Elon Musk was wrongfully ordered to a delete a tweet discussing Tesla staff unionizing in 2018, a US court has ruled.

FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo
BusinessCritical MineralsMineralsMiningNews

Brazil’s Vale taps Marcelo Bacci as new CFO

Vale, the largest producer of iron or and nickel in the world, has appointed its new Chief Financial Officer.

FILE PHOTO: Signage is seen at the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo
BusinessNatural GasNews

Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say

Blackstone nears $3.5B deal for EQT's pipeline stakes to reduce the gas producer's debt from its Equitrans acquisition.

FILE PHOTO: The logo of Italian energy company Eni is seen at Eni's Renewable Energy and Environmental R&D Center in Novara, Italy, September 26, 2019.  REUTERS/Flavio Lo Scalzo/File Photo
BiofuelsBusinessNews

Italy’s Eni sees 2.5-billion-euro net proceeds from disposals in 2025

Eni expects 2.5 billion euros in proceeds from disposals next year, following KKR's 2.9 billion euro biofuel stake purchase.

The dam collapse triggered a giant mudslide that swamped villages, rivers and rainforest, killing 19 people (AFP)
BusinessCourtsCritical MineralsEnvironmentIndigenousMiningNews

BHP, Vale agree to pay $30bn compensation for Brazil dam disaster

BHP, Vale sign $30 billion deal with Brazil for 2015 dam collapse compensation, covering environmental damage and victim support.

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