Focus on Business
Chile’s SQM posts 63% profit slump, expects lithium prices to stay weak
SQM profits slide despite record-high sale volumes of lithium due to the battery metal's price dropping.
China auto body says EU draft on tariffs for Chinese EVs brings ‘risks’
Chinese carmakers oppose European Commission's draft policy to impose 36% EU tariff on EVs from China.
EV startup Rivian’s production chief joins Stellantis
Stellantis picks Tim Fallon to head up North American manufacturing as it prepares to roll out 25 EV models by the end of...
Energix signs long-term solar power deal with Google
Energix Renewables will supply electricity and renewable energy credits generated from its solar projects to the tech giant.
Uber hires ex-Tesla exec Rebecca Tinucci to oversee EV transition, memo says
Uber has a plan to completely electrify its vehicle fleet by 2040 and vowed to invest $800 million through 2025 to help reach...
BP-Iraq deal on Kirkuk fields to use profit-sharing model
Iraq and BP have signed a preliminary deal to develop Kirkuk's oil fields on a profit-sharing basis, marking BP's return after five years.
Alphabet’s Waymo robotaxi unit doubles its paid rides in three months
Robotaxi firm Waymo registers 100,000 paid rides per week after expanding into new areas with 700 total vehicles.
North America sees 70% jump in data center supply in construction, CBRE report says
North American data center construction surged 70% year-over-year, driven by AI and cloud growth, CBRE reports.
AI startup Recogni unveils new method to slash power usage
Artificial intelligence startup hopes to reduce AI power consumption with innovative way of computing.
