Focus on Business
Honda Q1 profit jumps 23%, helped by hybrid vehicle sales
Weak yen and growing hybrid sales in the US see Honda profits grow to $3.3bn in April-June period.
Saudi Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem
Investment in Sumitomo Chemical's Petro Rabigh JV hopes to turn around loss-making firm's fortunes.
Glencore to keep coal assets and stick with London listing
Majority of investors back Glencore's coal business after purchase of Teck Resources' assets and high prices forecast for fossil fuels.
Australia’s lithium industry seen bearing brunt of supply cuts
Downturn in prices for EV battery material sends Australian lithium industry reeling with more producers reviewing operations.
Hyundai to invest $28 million in Thailand for EV assembly, batteries
New Hyundai Thailand factory will assemble EVs and batteries as the South Korean carmaker joins Chinese companies in using country as a base...
Suncor Energy beats quarterly profit estimates on robust production
Suncor Energy beat analysts' estimates for Q2 profit on Tuesday, helped by higher oil prices and a rise in oil sands production.
Rivian sticks to production forecast, posts second-quarter margin below estimates
Rivian maintained its production forecast but reported greater-than-expected losses per vehicle, despite revenue gains.
Waymo to expand autonomous ride-hailing service areas in LA, San Francisco
Waymo expands its autonomous ride-hailing service in San Francisco and Los Angeles, meeting rising customer demand.
Trans Mountain Pipeline interim tolls hearing scheduled for May next year
The Trans Mountain pipeline expansion's final toll hearing will begin May 14, with shippers disputing the rate hikes.
Environmental groups sue Suncor for Colorado refinery pollution
Environmental groups sued Suncor Energy, claiming its Colorado refinery violated air quality laws over 9,000 times.
