Wednesday, 9 October 2024

Business

BusinessNewsRail

Italian firm tests energy-saving maglev technology on railway track

ROME – An Italian company has conducted what it says is the first test of magnetic levitation (maglev) transport on an existing railway...

BusinessElectric VehiclesNewsTransport

GM resumes sales, cuts price of Chevy Blazer EV after software issue

General Motors said on Friday it is resuming sales and cutting the price of its Chevrolet Blazer EV after software quality issues prompted...

AgricultureBusinessEnvironmentIndustryNews

Red Tractor drops launch of green farming scheme amid anger from UK farmers

UK Assured Food Standards Red Tractor has confirmed it is dropping plans to launch its green farming assurance standard in April. The British...

Fisker Ocean electric SUV vehicles are shown at one of the company’s sales, service and delivery centers in Vista, California, U.S., May 22, 2024.   REUTERS/Mike Blake/File Photo
AutomotiveBusinessElectric VehiclesNews

What are EV startups doing to ride out weak demand?

(Reuters) -Fisker filed for bankruptcy protection on Monday, the latest electric-vehicle startup to succumb to fundraising difficulties, slow sales, as well as supply...

AutomotiveBusinessNewsTransport

Rivian shows off smaller, less expensive EVs, hastens delivery plans

LAGUNA BEACH, California – Rivian on Thursday introduced its smaller, less expensive electric R2 SUVs and R3 crossovers with plans to start producing...

EconomyFinanceLegislationNewsPolitics

Nobel laureates sound alarm as Argentina cuts science funding

BUENOS AIRES – Sixty-eight Nobel laureates in chemistry, medicine, economics, and physics sent a letter on Wednesday to Argentine President Javier Milei voicing...

EmissionsFinanceNatural GasNewsOil

RBC raises renewable funding target, reports little progress on oil and gas emissions

TORONTO — Royal Bank of Canada says it plans to ramp up its renewable energy funding as it also reported little progress on...

EconomyFinanceNewsPolitics

UK ‘being outcompeted’ on clean tech, Government warned

A failure to back green growth will see the UK falling behind in clean tech investment, hitting jobs and the economy, the Government...

BusinessEconomyNatural GasNewsOil

Government extends windfall tax on oil and gas companies

The windfall tax on oil and gas companies will be extended for another year as higher oil and gas prices look likely to...

BusinessNatural GasNewsOil

Enbridge to expand Gray Oak pipeline, grow export terminal in Texas

CALGARY — Enbridge Inc. has announced about US$500 million in spending on new projects to grow its business in the U.S. including its...

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