Focus on Business
Equinor eyes lower spending on renewables after Orsted transaction
Equinor may cut renewable investments by 2030 after buying a $2.5B stake in Orsted, citing better access to wind assets.
Tesla expects slight growth in 2024 vehicle deliveries, shares jump
Tesla's Q3 profit margin beat estimates at 19.8%, driven by demand incentives, despite revenue missing expectations.
US automakers urged to innovate despite tariffs on Chinese rivals
U.S. auto leaders warn against complacency as Chinese rivals outpace in EV tech, despite short-term tariff relief.
JPMorgan looks to resume trading physical LNG: report
JPMorgan Chase is in talks to resume trading physical LNG after more than a decade, Bloomberg News reported on Wednesday, citing people familiar...
Analysis: Shell setback upsets Nigeria’s quest to lure investment
Nigeria's block of Shell's $2.4 billion onshore asset sale signals regulatory hurdles, deterring vital oil investments.
Brazil launches platform to attract foreign investment for climate and ecological projects
Brazil launched a $10.8B platform at IMF meetings to fund green projects, targeting energy, industry, and nature solutions.
Wolfspeed and ZF put German chip factory on ice
Germany's chipmaking ambitions face another setback as Wolfspeed and ZF delay semiconductor factory plans indefinitely.
Stellantis to launch fleet of EVs fitted with Factorial solid-state batteries
Stellantis will launch by 2026 a demonstration fleet of vehicles fitted with solid-state batteries from U.S. startup Factorial, the two companies said on...
As coal plants shut in Romania, some miners transition to green energy while others are reluctant
Romania's coal workers resist retraining for green jobs despite industry decline, fearing change amid political inaction.
BHP says claim it put safety over profit ‘unjustified’ in Brazilian dam collapse case
BHP denies profit-before-safety claims in Brazil dam collapse lawsuit, calling allegations unrealistic and unjustified.
