Focus on Business
Chinese mining firm subsidiary disputes Ottawa’s review of Peruvian gold mine deal
A subsidiary of a Chinese state-owned mining firm says Canada is wrongly considering national security review in its Peruvian mine purchase
Tesla stops taking orders for cheapest Cybertruck, offers $100,000 version now
Tesla's $100k Cybertruck available for immediate order and delivery, according to Tesla website, though demand is lower than predicted
Chinese robotaxi firm WeRide eyes up to $5 billion valuation in US IPO
WeRide is offering 6.45 million American depositary shares at a price range of $15.50 and $18.50 per share.
European Commission spokesperson confident Chinese EV measures comply with WTO
EU defends EV tariffs against China's WTO challenge, stating confidence in compliance with global trade rules amid ongoing dispute.
Nikola posts smaller-than-expected loss on robust truck demand
Nikola beat posted a smaller-than-expected adjusted loss on Friday, signaling an uptick in deliveries of its hydrogen big rigs
Algonquin to sell renewables unit for up to $2.5 billion to ease debt
Canada's Algonquin Power & Utilities Corp said on Friday that it is selling its renewable energy business for up to $2.5 billion
Worcester Bosch to change UK hydrogen boiler ads over green marketing concerns
Worcester Bosch has agreed to change marketing around its hydrogen boilers, over concerns it is misleading to customers
China launches appeal at WTO over EU electric vehicle tariffs
Beijing said Friday it had filed an appeal with the World Trade Organization over EU imposition of additional tariffs on Chinese EV imports
India’s Mahindra seeks nod for $3 billion Shaanxi JV, sources say
Automaker Mahindra & Mahindra and China's Shaanxi Automobile Group have agreed to set up a $3bn JV to build a car manufacturing plant...
China auto sales fall in July, while exports jump about 20% as automakers expand across the globe
Auto sales in China slipped 5% from a year earlier, although exports jumped 20% as makers of electric vehicles expanded into global markets
