Focus on Business
US House committee demands ESG information from investors
Republicans demand 130 investors explain ESG goals, fearing antitrust violations, highlighting partisan climate policy split.
Prosecutors press Brazil regulators on Petrobras license to drill near Amazon mouth
Brazilian prosecutors urge Ibama to block Petrobras' Amazon drilling, demanding a response within three days or face penalties.
Airbus Q2 profit falls on jetliner ramp-up costs, space charge
Airbus' Q2 profit drops over 50% to €813M, hit by space business charges and production costs, despite higher revenue.
US oil and gas mergers continue at furious pace in Q2, says Enverus
Blockbuster has and oil mergers companies are continuing well into Q2 this year with $30bn in tie-up deals for fossil fuel giants.
US says start of new China tariffs will be delayed by at least two weeks
US officials indicate China tariffs delay of two weeks before final determination is made on affected products.
American Electric Power expects strong growth in new data center demand
Generative AI use sees American Electric Power profits surpass estimates as higher commercial loads expected.
BMW to set up five new assembly sites for high-voltage batteries
New BMW battery plants planned around the world as carmaker adopts "local for local" to weather political and economic disruptions.
Canada’s TC Energy to sell pipeline stake to some indigenous communities for $722 million
Minority stake in gas transmission system set for TC Energy sae to indigenous Canadian communities.
CenterPoint Energy sees up to $1.3bn restoration costs after Beryl
After millions lost power during Hurricane Beryl, CenterPoint outlines costs of restoring damaged facilities.
