Focus on Business
Stellantis to halt production of electric Fiat 500 for longer due to poor demand
Stellantis' CEO Carlos Tavares will address Italian lawmakers on Oct. 11 about Fiat 500 EV production amid weak demand.
UAE oil giant ADNOC swoops on German chemicals firm Covestro
Covestro accepts ADNOC's 12 billion euros takeover bid, boosting ADNOC’s diversification while Germany's chemical sector struggles.
Five workers seriously injured by blast at energy site in Alberta, RCMP say
An explosion at a Hawthorne Energy site in Cochrane, Alberta injured five workers; the fire may burn for days.
Tesla, Musk beat shareholder lawsuit over self-driving promises
A U.S. judge dismissed a lawsuit accusing Tesla and Musk of defrauding shareholders over self-driving technology claims.
Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks
Stellantis recalls 194,000 plug-in hybrid Jeep SUVs due to fire risk, advises owners to park outside until repaired.
Tesla’s quarterly deliveries set to rise as China incentives lure wary EV buyers
Tesla is projected to report an eight per cent rise in Q3 deliveries, driven by China incentives and financing, per Wall Street.
China’s stimulus sparks copper rally, but supply glut clouds outlook
Copper prices surged this week on China's stimulus hopes, but oversupply forecasts suggest the rally may be premature.
Maersk parent to invest $1.7B in fossil-free plastics plant at Antwerp port
A.P. Moller Holding, majority owner of shipping giant Maersk, plans an initial investment of $1.7 billion to build a fossil-free plastics plant in...
GM self-driving unit Cruise to pay $1.5 million fine over crash disclosure
General Motors' Cruise will pay a $1.5M fine for failing to report a 2023 pedestrian crash, per NHTSA settlement.
Unilever strikes climate deals with Walmart and others to meet sustainability goals
Unilever strikes sustainability deals with top retailers like Walmart, aiming to cut emissions and minimize waste.
