Thursday, 3 July 2025

Focus on Business

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/ File Photo
BusinessFinanceInfrastructureNewsOilTrade

Occidental to sell some Delaware Basin assets to Permian Resources for $818 million

Occidental, which is bidding a takeover of rival CrownRock, plans to sell up to $6 billion of assets within 18 months of closing...

FILE PHOTO: Workers gather during a ceremony at Escondida copper mine near Antofagasta, Chile, April 7, 2016.  REUTERS/Fabian Cambero/File Photo
Critical MineralsLabourLegislationMiningNewsPolitics

Exclusive-Union at BHP’s Escondida mine urges rejection of contract offer, strike possible

The 2,400-strong workforce will vote from Monday to Thursday, and a strike could start immediately if the members reject the deal.

FILE PHOTO: A VW badge is seen on a car at a dealership in Kaluga, Russia March 30, 2022. Picture taken March 30, 2022. REUTERS/Evgenia Novozhenina/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

German antitrust body gives green light to VW-Rivian joint venture

BERLIN (Reuters) – Germany’s Volkswagen and U.S electric car maker Rivian Automotive may form a joint venture, the German competition authority said on...

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 26, 2024.     REUTERS/Staff/File Photo
BusinessFinanceNewsOil

European shares close lower in lead-up to Fed, earnings

Fears of a widening conflict in the Middle East and a raft of upbeat earnings updates have lifted the market, with pan-European STOXX...

Keith Anderson, the chief executive of ScottishPower, said he hopes to double the firm’s investments in UK energy projects (Jordan Pettitt/PA)
BusinessElectricityFinanceIndustryInfrastructureNewsPoliticsSolarStorageTransmissionUtilitiesWind

ScottishPower boss hopes to double UK energy investment by 2030

ScottishPower’s boss has said he hopes to double the firm’s investments in UK energy projects to as much as £24 billion if Labour’s...

AnalysisBusinessElectric Vehicles (EVs)EmissionsFuelHydrogenMarineMaritimeOilTransport

Transforming America’s busiest ports: The shift to zero-emissions cargo handling

RMI: The shift to zero-emissions cargo handling equipment at ports is economically viable and technologically feasible, but more data is needed to guide...

FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a G20 event in Barra da Tijuca, Rio de Janeiro, Brazil, on July 25, 2024. REUTERS/Tita Barros/File Photo
BiodiversityBusinessClimateEconomyFinanceNewsPolitics

Yellen says $3tn needed annually for climate financing

On visit to the Amazon, US Treasury Secretary Yellen says climate financing needs to be far above current levels.

FILE PHOTO: The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessConstructionFinanceFuelIndustryInfrastructureNewsOilTrade

Baker Hughes sees lower North America activity; bets on foreign demand

Baker Hughes cut its North American spending outlook but raised full-year revenue estimates, betting on strong international growth and gas equipment demand.

FILE PHOTO: The logo of Codelco, the world's largest copper producer, is seen at their headquarters in downtown Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsMineralsMiningNews

Chile’s Codelco says output falls 8% in first half of 2024

Codelco, the world's largest copper producer, on Friday posted a 8.4% drop in output for the first half of 2024 compared with last...

Login into your Account

Please login to like, dislike or bookmark this article.