Focus on Business
Meta strikes geothermal energy deal to power US data centers
Meta Platforms has struck a deal to buy up to 150 MW of geothermal power from Sage Geosystems to supply its data centers.
Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance
The Zydeco pipeline system has four segment and ships crude oil from Houston, Texas to St. James, Louisiana.
Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement
Goldman Sachs and BASF agree to pay $20m to settle antitrust lawsuit accusing them of conspiring to suppress platinum and palladium prices
Norway’s sovereign wealth fund commits $1 billion to renewable energy fund
Norway's sovereign wealth fund has said it will commit $1bn to the latest renewable energy fund of Copenhagen Infrastructure Partners
China’s Didi in talks to sell smart auto assets to state-backed NavInfo’s unit, say sources
China's Didi Global in talks to sell its smart driving and cockpit assets to state-backed firm NavInfo amid highly competitive EV market
Woodside Energy earnings set to dip as investors eye strategic deals
Woodside Energy, Australia's top independent gas producer, is on track to post a drop in interim earnings on Tuesday
Big polluters urged to pay as key Pacific summit opens in Tonga
Emissions-belching nations were challenged to stump up for climate-related damage as a key Pacific islands summit opened on Monday
Critical minerals investment must avoid the mistakes of the past in African mining
Opinion: It is important for mining companies and foreign governments to be cognizant of the historical context that surrounds the African mining industry.
S&P revises Austria’s credit rating outlook to positive, sees energy supply improvements
Credit rating agency S&P has revised Austria's outlook to positive from stable, citing the country's improving energy supply position.
Volkswagen’s battery targets not ‘set in stone’, battery chief tells FAS
Volkswagen's goal of building 200 gigawatt hours of battery capacity by 2030 is flexible, depending on EV market demand.
