Focus on Business
Climate change, economics muddy West’s drive to curb Chinese EVs
Experts argue the West cannot afford to support its stagnating car industry while pushing for ambitious climate goals.
Biden signs bill exempting some semiconductor factories from new environmental reviews
Biden signed a law exempting some U.S. semiconductor facilities from new environmental reviews to speed up projects.
AI boom could spur large-scale investments in clean energy: experts
Market experts say the coming boom in artificial intelligence has the potential to spur large-scale investments in clean energy.
Alberta gas well fire that sent five to hospital extinguished, Hawthorne Energy says
The gas well fire near Cochrane, Alberta, has been extinguished after injuring five workers, with three in critical condition.
Ford reports weak US sales for third quarter
Ford reported weaker U.S. vehicle sales growth in Q3, causing shares to drop two per cent, reflecting ongoing buyer affordability concerns.
Tesla misses estimates for Q3 deliveries on stiff competition
Tesla missed third-quarter delivery expectations, reporting 462,890 vehicles, amid rising competition from China and Europe.
GM seeks to ease shareholders’ nerves at investor day
GM aims to reassure investors that despite slowing EV demand, profit growth remains achievable, focusing on stability.
Nikola’s hydrogen-powered truck deliveries to dealers rise 22% in Q3
Nikola delivered 88 hydrogen fuel cell trucks in Q3, up from 72 in Q2, maintaining steady demand for its big rigs.
EU proposes 12 month delay for deforestation regulation
The EU plans to delay its deforestation-linked import ban by one year, facing opposition from industries and member states.
US energy companies’ shares rise as Middle East crisis sparks supply fears
U.S. energy shares rise as oil prices surge amid Middle East tensions and concerns over potential supply threats.
