Focus on Business
Car safety agency seeks information on fatal Cybertruck crash
NHTSA probes Tesla vehicle crash after driver dies in accident in Texas.
Quantum Capital to buy Cogentrix for $3bn in bets on rising demand
Private equity firm will buy US independent power producer Cogentrix Energy from funds managed by the Carlyle Group.
Honeywell Automation India’s Q1 profit jumps
Honeywell Automation India profits boosted by execution of existing orders.
APEC businesses propose climate bonds and carbon credit network
APEC carbon markets could be used to reduce risk of foreign exchange fluctuation as countries transition to low-carbon technologies, says advisory council.
Oil hovers at 8-month lows as U.S. fears offset Mideast tensions
With weak July payroll figures sparking fear of US recession, oil futures drop in trading.
China Evergrande’s EV arm units to enter bankruptcy
China Evergrande bankruptcy ruling will see units of the business reorganized.
US expected to propose barring Chinese software in self-driving cars
National security fears could see Chinese self-driving cars and other autonomous vehicles being blocked from testing in the United States.
New Zealand scraps clean, green policies to boost economy
Centre-right New Zealand coalition set to reverse fossil fuel exploration ban and agricultural emissions policy, with campaigners fearing for 2030 climate targets.
EV transition worries French car industry workers
Parts suppliers across France fear that phasing out combustion energies will see automotive manufacturing jobs move out of the country.
