Focus on Business
Porsche bids to restore output, tackle supply chain risks in second half
Porsche fighting to restore production volumes after months of supply chain snags, slow EV demand and a sales slump in China
China’s BYD widens EV lead over Tesla in Singapore, Southeast Asia, data shows
China's BYD widened its sales lead over Tesla in Singapore in the first half of this year, government data showed
Russia considering ban on diesel exports, Kommersant reports
The Russian government is considering a ban on exports of diesel due to rising domestic prices, the Kommersant daily reported on Wednesday
Canada’s Teck Resources beats second-quarter profit estimates
Canadia's Teck Resources beat Q2 profit estimates on Wednesday, helped by higher production of copper at its Quebrada Blanca mine in Chile
Rivian to face trial in Tesla trade secrets theft case, judge says
After judge denies dismissal of lawsuit, Rivian-Tesla trial set to go ahead after company allegedly Elon Musk's employees.
Wind farms more than double UK Crown Estate profit to £1.1bn
The Crown Estate owns the vast majority of Britain’s seabed, and leases part of it to wind farm operators.
Nippon Steel to dissolve JV with China’s Baoshan after 20 years
The Nikkei business daily, which first reported the news, said Nippon had decided to shift its attention to the U.S. and India.
Tesla reports profit drop on price cuts, lower vehicle sales
Tesla reported a significant drop in Q2 profits Tuesday due to price cuts while heavily investing in AI and other tech.
Clean Prosperity: Measuring credit oversupply risks in Alberta’s carbon market
A report from Clean Prosperity argues that Alberta risks having an oversupply of carbon credits and urges the provincial government to reform the...
