Focus on Business
US appeals court orders judge to reconsider Biden ESG investing rule
The court ordered a Texas judge to reconsider a decision upholding a Biden rule on socially conscious investing in light of the recent...
EU new car sales rise 4.3% in June, industry body ACEA says
New car sales in the EU rose 4.3% in June, led by Italy, Germany, and Spain, despite a slight drop in battery electric...
BYD sets sights on aggressive expansion in Vietnam
BYD plans rapid expansion in Vietnam, opening 13 dealerships with aims for 100 by 2026, challenging local rival VinFast with higher-priced EV models.
SunPower tumbles nearly 20% after pausing some operations
SunPower is halting new product shipments and deactivating certain agreements, amid financial challenges.
Tesla’s California car registrations fall for third straight quarter
High interest rates and stiff competition has led to subdued demand for electric vehicles as consumers opt for less expensive hybrid cars.
Trinidad’s court reaffirms recognition of ConocoPhillips’ claim against Venezuela
The decision allows ConocoPhillips to enforce a $1.33 billion claim against Venezuela, potentially freezing payments for joint gas projects.
Solar-power projects in Puerto Rico get $861-million US loan guarantee
The loan guarantee is for two solar projects to enhance Puerto Rico's energy security and grid resilience after recent hurricanes.
Canada’s Tenaz Energy to buy Dutch NAM’s offshore assets for $180 million
Canada's Tenaz Energy on Thursday said it had entered into an agreement with NAM to acquire all shares of NAM Offshore B.V. for...
How Germany aims to get to net zero without breaking the bank
The German cabinet has passed its 2025 budget, but this left a 17bn euro ($18.58bn) gap between projected spending and revenue to be...
Chinese-led consortium pulls out of contract to build Cyprus’ first natural gas import terminal
A Chinese-led consortium on Thursday pulled out of its contract with Cyprus to build the island’s first natural gas import terminal
