Saturday, 22 February 2025

Focus on Business

A person drives a Tesla vehicle as the company is recalling over 2 million vehicles in the U.S. to install new safeguards in its Autopilot advanced driver-assistance system, after a federal safety regulator cited safety concerns, in downtown San Francisco, California, U.S. December 14, 2023. REUTERS/Carlos Barria/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Tesla to recall over 1.8 million US vehicles

Software update being rolled out to multiple models as Tesla recall announced over software failure to detect unlatched hood.

BP posted a profit of more than £4.2 billion after a stronger-than-expected second quarter (Alamy/PA)
BusinessNewsOil

BP delivers higher-than-expected profits and raises dividend

BP profits beat expectations but problems with refining business means figures are down year-on-year.

FILE PHOTO: Rio Tinto logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessMiningNews

Rio Tinto iced out by investor advocate ACCR over climate stance

Corporate responsibility group pulls support amid fears of Rio Tinto "greenwashing" after miner appealed government's enivronmental reforms.

FILE PHOTO: A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/File Photo
BusinessCritical MineralsMiningNews

BHP and Lundin Mining boost copper access, to buy Filo for $3.25 billion

BHP Group and Lundin Mining will jointly acquire Filo Corp for C$4.5 billion to advance the Filo del Sol and Josemaria projects, forming...

rude oil tankers SFL Sabine, back left, and Tarbet Spirit are seen docked at the Trans Mountain Westridge Marine Terminal, where crude oil from the expanded Trans Mountain Pipeline is loaded onto tankers, in Burnaby, B.C., Monday, June 10, 2024. Trans Mountain Corp. says CEO Dawn Farrell will become chair of the company's board Sept. 1. THE CANADIAN PRESS/Darryl Dyck
BusinessFuelInfrastructureNewsOilTransmission

Trans Mountain Corp. to have new CEO as Farrell moves to board chair role

Trans Mountain says it is undertaking a CEO succession plan to replace Farrell, who has served as CEO since 2022.

FILE PHOTO: A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelInfrastructureNatural GasNewsTransmissionUtilities

Chesapeake Energy posts quarterly loss on output drop, lower gas prices

Chesapeake Energy reported a Q2 loss of $227M due to weak natural gas prices and reduced production amid falling demand.

People gather to protest against Rio Tinto's opening lithium mine near Sabac, in Sabac, Serbia, July 29, 2024. REUTERS/Zorana Jevtic
BusinessCritical MineralsEnvironmentMiningNews

Thousands in Serbia rally against Rio Tinto lithium mine project

Thousands protested in Sabac, Serbia against Rio Tinto's lithium project, fearing environmental harm despite reassurances.

FILE PHOTO: Tesla electric vehicles are parked in a Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla jumps on replacing Ford as Morgan Stanley’s ‘top pick’ in US auto sector

Tesla shares went up nearly 6% on Monday after Morgan Stanley named it as its "top pick" in the U.S. automotive industry, replacing...

People talk in front of the Ola Electric logo during a press conference ahead of it's IPO launch in Mumbai, India, July 29, 2024. REUTERS/Francis Mascarenhas
BusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTransport

Ola Electric to raise $734 million in India’s biggest IPO this year

Adoption of clean vehicles is still low in India but is steadily rising as Prime Minister Narendra Modi continues to push clean energy.

File Photo: Toyota Motor's Chairman Akio Toyoda apologizes for scandals at three group companies during a press conference in Nagoya, Japan on January 30, 2024, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Toyota chairman warns he may lose board spot if investor support continues to fall

Akio Toyoda won 72% shareholder backing at the company's annual general meeting last month, compared with the support of 85% in 2023.

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