Focus on Business
EPA reaches $4.2M settlement over 2019 explosion, fire at major Philadelphia refinery
The EPA reaches a $4.2M settlement with a refinery firm after a 2019 explosion in Philadelphia; public comments await final approval.
Chinese electric carmaker BYD sees EV Mexico sales ramping up to 100,000 in 2025
BYD aims to sell 50,000 EVs in Mexico in 2024, 100,000 by 2025, and plans to build a factory producing 300,000 vehicles in...
Trader Vitol sells Venezuelan oil to Indian refiners, sources say
Indian refiners buy two million barrels of Venezuelan crude for November delivery, resuming imports amid U.S. sanctions relief.
Arbitration rules in favour of BP as sole buyer of Kosmos Energy’s Senegal LNG project
Kosmos Energy is barred from third-party LNG sales in the GTA project after a Paris arbitrator ruled in favor of BP.
Canada’s Liberals won’t prorogue Parliament as impasse over green tech fund documents drags on
Deputy PM Freeland denies plans to prorogue Parliament amid Tory impasse over unredacted documents from a green tech fund.
Brussels rejected China proposal for 30,000 euro minimum sales price in EV dispute, sources say
Brussels rejected China's proposal for a minimum price on imported EVs to avoid EU tariffs, citing subsidy concerns and market impact.
China expresses concern over US chip and connected vehicle policies in high-stakes talks
China urges the U.S. to lift semiconductor sanctions and ease restrictions on Chinese vehicles, seeking better trade relations.
Arcadium deal could power Rio Tinto’s entry into lithium supplier big league
Rio Tinto eyes Arcadium Lithium acquisition to become the third-largest lithium producer amid growing EV demand and competition.
Will Tesla’s robotaxi reveal live up to hype?
Elon Musk to unveil Tesla's robotaxi prototype at Thursday's event amid anticipation, skepticism, and autonomous tech rivalry.
Brazil’s Potencial to invest $109 million to turn biodiesel plant into world’s largest
Grupo Potencial invests 600 million reais to expand biodiesel output, making its plant the largest soy-based biofuel facility globally.
