Focus on Business
Thaw in China ties unlikely to deter India’s plans for steel tariffs, source says
China's surging steel exports spark complaints from a growing number of countries, with some citing harm to domestic manufacturers.
Anglo American copper, diamond output down in Q3, 2024 guidance unchanged
Anglo American reported a Q3 drop in copper and diamond production but maintained 2024 guidance amid restructuring efforts.
KKR to take 25% stake in Eni’s biofuel unit for 2.9 billion euros
KKR is acquiring a 25 per cent stake in Eni’s biofuel unit Enilive for 2.94 billion euros, valuing it at 11.75 billion euros.
Chinese self-driving startup WeRide files for $440 million U.S. IPO
Chinese self-driving startup WeRide has filed for a $119.4M IPO on Nasdaq and a $320.5M private placement, aiming for a $5B valuation.
Tesla promises paid robotaxis next year, but significant hurdles remain
Tesla CEO Elon Musk says driverless ride-hailing will launch in California and Texas next year, facing significant regulatory hurdles.
Hyundai Motor’s Q3 operating profit falls 7% from a year earlier
Hyundai warns of slowing demand, posts seven per cent drop in Q3 profit, but maintains 2024 earnings target; shares fall five per cent...
Renault beats Q3 forecasts as new launches lift sales
Renault posted a surprise Q3 revenue rise, driven by demand for new hybrids, despite declining sales volumes amid a tough market.
Software firm Dassault Systemes cuts 2024 forecast again on auto sector slowdown
Dassault Systemes cuts 2024 revenue growth forecast again, citing automotive slowdown, amid competitive pressure from rivals.
US lawmakers pressure automaker Stellantis on investment commitments
The union and the Jeep-maker have been in a bitter battle after Stellantis said it would delay a planned investment to reopen an...
Teck Resources reports Q3 profit beat, cuts FY copper production forecast
Teck Resources' Q3 profit beats estimates on record Chile copper output, despite lowering full-year production outlook.
