Focus on Business
Lego to replace oil in its bricks with pricier renewable plastic
Famous toymaker aims to bring down the fossil fuel content in its products – without making renewable plastic Lego bricks more expensive for...
Hyundai targets 30% rise in sales by 2030, as it doubles hybrid lineups
As demand for EVs slows down, Hyundai's hybrid lineup will double to 14 models in shift to sales targets.
Samsung SDI finalizes deal with GM to build $3.5 billion joint EV battery factory in US
The South Korean battery maker said the joint plant aims for mass production in 2027 and annual capacity is expected to rise to...
TOTSA TotalEnergies Trading to pay $48 million for attempted market manipulation
The U.S. regulator fined TOTSA $48M for attempting to manipulate European gasoline futures by flooding the market.
Self-driving truck company TuSimple settles fraud lawsuit for $189 million
TuSimple settles for $189M over allegations of misleading shareholders about safety and insider control of a Chinese rival.
Vale shares rise as markets welcome CEO appointment
Shares of Vale rose on Tuesday as analysts and investors welcomed the appointment of Gustavo Pimenta as the Brazilian miner's next CEO, starting...
China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
China Evergrande's EV unit expects a larger H1 2024 loss, driven by a significant impairment provision amid ongoing financial woes.
Complex supply chains and climate change make “clean beauty” near impossible, but some keep trying
Sustainable beauty brands struggle with supply chain transparency, balancing eco-friendly practices with industry challenges.
China’s Xpeng prices its first budget EV from $16,813
In the crowded Chinese market, the XPeng MONA M03 electric hatchback coupe hopes to lure in drivers with low prices.
