Focus on Business
Volkswagen is reeling in China. Can EVs help it grow in the US?
The German automaker is planning 30 new electric or hybrid models in China in a bid to lift its market share to 15%.
Australia’s Lynas Rare Earths fourth-quarter revenue falls 13.3%
Lynas Rare Earths' Q4 revenue fell 13.3% due to increased Chinese production, impacting prices, with sales at A$136.6 million and lower production of...
US senators introduce bill to speed approvals of energy projects
US Senate bill aims to expedite permitting for power transmission, mining, and LNG exports, strengthening the grid and supporting the 2035 decarbonization goal.
Rebounding semiconductor shares lead US stocks higher
Nvidia, Broadcom and Texas Instruments were among the chip companies that rose more than two per cent.
UK climate groups, unions demand ‘just transition’ for Tata Steel workers
Climate groups and unions are calling for alternative solutions to decarbonising Tata’s Port Talbot plant in order to prevent mass job losses.
Canada’s Trans Mountain Pipeline weighs debt deal ahead of potential sale: report
Trans Mountain plans bond market refinancing to manage its C$25.3 billion debt ahead of the Canadian government's sale of the pipeline.
Porsche waters down EV ambitions, says transition will take ‘years’
Porsche delays electric car target, tying 80% EV sales goal by 2030 to customer demand and electromobility developments, citing slower-than-expected transition.
Boeing-owned Wisk’s electric air-taxi expects to begin carrying passengers ‘later in the decade’
Boeing aims for pilotless air-taxis by late 2030s, with testing underway for a four-seater autonomous model.
John Swinney pledges £2m for pipeline for carbon capture project
Scottish First Minister under fire as he announced Scottish Government funding towards carbon capture project
Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus
Tesla's Q2 margin likely to hit a more than five-year low, CEO Elon Musk is expected to double down on robotaxi plans and...
