Focus on Business
China’s WeRide raises $440.5 million through US IPO, placement
Self-driving firm WeRide reached a $4.21B valuation after raising $120M in its U.S. IPO, benefiting from eased regulations.
Natural gas producers await LNG Canada’s start, but will it be the fix for prices?
Western Canada’s natural gas producers face low prices, hoping LNG Canada's 2024 launch will drive an increase.
Future of UN climate dialogue threatened by budget shortfall
The UN's climate body faces a €57M budget shortfall for 2024, risking climate talks as key donors delay contributions.
Italy’s Eni to boost buyback after quarterly earnings beat expectations
Eni will increase its share buyback programme to 2 billion euros, it said on Friday, after beating third-quarter profit expectations.
Mercedes car earnings plunge as China shuns luxury
Mercedes-Benz's Q3 earnings in the car division fell 64%, missing estimates, due to a weak Chinese market and model revamp costs.
Sanctions delay to Russian zinc mine causes supply miscalculation, sources say
Sanctions hinder Russia's Ozernoye from ramping up zinc output, risking 2025 supply forecasts amid soaring zinc prices.
Trump vs Harris: Competing visions for a warming world
Trump and Harris offer starkly different climate visions, with Trump's "drill" policies clashing against Harris' green energy support.
Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices
Vale's profit fell 15 per cent to $2.41 billion, beating estimates, as lower iron ore prices and Mariana dam provisions weighed on results.
VW’s Scout Motors unit will offer EV SUVs, trucks with gas engine option
Volkswagen's Scout Motors unveiled electric SUV and truck concepts with up to 500-mile range, adding gas engines for extended range.
