Focus on Business
India’s Ola Electric surges 20% on debut on EV optimism
Ola Electric's shares surged 20% on their Mumbai debut, valuing the company at $4.8B, as investors bet on India's growing EV market.
Pembina Pipeline earns $479 million in Q2, ups full-year forecast
Pembina Pipeline reports a 32% Q2 profit surge, boosted by higher revenue and pipeline volumes following recent acquisitions.
Air-taxi maker Archer plans to launch air mobility network in LA as early as 2026
The San Jose, California-based company did not disclose the size of investment for the planned Los Angeles project.
India’s Reliance in crude-for-naphtha swap deal with Venezuela: sources
Reliance Industries plans to use naphtha as partial payment for Venezuelan crude, resuming trade after U.S. approval.
Committed to China operations despite challenges: General Motors
GM reaffirms commitment to a profitable China operation amid competition and investor scrutiny, eyeing restructuring efforts.
US government will loan $1.45 billion to help a South Korean firm build a solar plant in Georgia
Qcells' Georgia plant will develop parts for solar power modules on US soil to take advantage of incentives including tax credits.
Rethinking ‘contracts for difference’ in renewable energy investments
How could contracts for difference be designed to boost renewable energy investment without creating an inefficient market?
Siemens profits soar on software demand, AI and energy transition
Boom in AI and upgraded power grids sees Siemens profits jump by 50% on last year.
China auto market hits milestone as EVs, hybrids make up half of July sales
Milestone for the Chinese car market as 50.7% of cars sold were electric or hybrids, although domestic sales have declined overall amid struggling...
