Focus on Business
US grants $428 million to clean energy projects in communities that relied on coal
Many of the projects are in states that have leaned Republican in recent elections or are battleground states.
Shift to electric vehicles will have far-reaching impact, IMF says
The global transition toward electric vehicles will have "far-reaching" impacts on investment, production, trade and employment, says IMF.
Carlyle drops out of bidding process for Thyssenkrupp marine unit
The company did not say why Carlyle had exited the process, adding it was now focusing on a spin-off of the division, which...
Freeport-McMoRan beats Q3 profit estimates
Miner Freeport-McMoRan reports third-quarter profit beating estimates as higher copper prices help offset production drop.
Ontario aiming to become energy superpower, Energy Minister Stephen Lecce says
Ontario's energy minister aims for the province's electricity system to exceed a projected 75% demand increase and sell excess power.
Hybrids top petrol power for first time in EU new car sales, ACEA says
Hybrids overtook petrol-powered vehicles in EU new car sales for the first time in September, industry data showed on Tuesday.
GM sounds upbeat on profit after Q3 results exceed estimates
GM's Q3 results benefit from lean inventories and a steady demand for gasoline-engine truck and SUV, sending its shares up about 7.6 per...
ASML expects growth in 2026, US-China row to continue, CEO says
ASML's CEO expects growth in 2026 despite U.S. export pressure on China, as 2025 faces slower sales outside of AI chips.
Cheniere Energy expects China gas demand to rise more than 50% by 2040
Cheniere Energy expects China's gas demand to grow to more than 600 billion cubic meters (bcm) by 2040, compared to 400 bcm today.
Steelmaker Nucor’s third-quarter profit dented by impairment charges
U.S. steelmakers are facing a sluggish pricing environment as distributors hold back on purchases beyond immediate inventory needs.
