Focus on Business
Tesla expects capital expenditure to exceed $11 billion in 2026, 2027
The company had said in October it expected spending to be between $8 billion and $10 billion in 2026.
Scottish court rules against two new North Sea oil and gas fields
Environmental campaigners called the court's decision a "historic win".
Shell annual profit drops to $16 bn as oil prices fall
In late 2024, Shell announced it was cutting hundreds of jobs from its oil and gas exploration division to reduce costs.
Tesla shares rise in Frankfurt despite earnings miss
Tesla's market value has jumped with the election of U.S. President Donald Trump, a close ally of CEO Elon Musk.
Oil steady as markets await clarity on tariffs by Trump on Canada, Mexico
Analysts say traders have already priced in Trump's tariffs: "(this is) a major reason why crude oil is trading where it is."
Renault, Volvo electric van unit wins new orders
PARIS (Reuters) – Flexis, a joint venture between automaker Renault and truck maker Volvo Group as well as shipper CMA CGM, said on...
Red tape and rare earths: EU ‘compass’ charts economic future
Promising a “simplification shock”, the EU will unveil a much-anticipated blueprint to revamp Europe’s economic model on Wednesday, as the bloc struggles to...
Iron ore output from Brazil’s Vale slid 4.6% in fourth quarter
By Andre Romani and Marta Nogueira SAO PAULO/RIO DE JANEIRO (Reuters) -Brazilian miner Vale posted on Tuesday its highest annual iron ore production...
Northvolt asks shareholders for $1.3 billion for next two years, sources say
By Marie Mannes, Christina Amann and Emma-Victoria Farr STOCKHOLM/BERLIN/FRANKFURT (Reuters) -Northvolt asked more than 100 shareholders at a meeting this month to provide...
Chevron partners with Engine No. 1, GE Vernova to power US data centers
(Reuters) -Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the...
