Focus on Business
China cognac probe is a reaction to EU car tariffs, says Hennessy owner LVMH
China announced plans for a hearing on European brandy imports on the same day the European Commission's provisional tariffs on Chinese-made EVs took...
Talen asks US regulators to reject challenge to Amazon data center deal
The deal is being opposed by a group of electric utilities that say the agreement could raise power bills for the general public.
Ottawa approves sale of Teck’s steelmaking coal business to Glencore
Ottawa says it has approved Teck Resources sale of a majority stake in its steelmaking coal business to Swiss commodities giant Glencore.
ADNOC’s Ruwais LNG to earmark 40% stake to Shell, Total, BP, Mitsui, sources say
Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors
Nio CFO Feng steps down, EV maker appoints insider as successor
EV maker Nio said on Friday Steven Wei Feng has stepped down as its CFO, effective immediately, citing personal reasons
BYD’s steep EV discounting in Thailand sparks backlash, PM seeks assurances
Thailand's consumer protection agency has initiated a probe into discounting by BYD dealers that left some buyers feeling they overpaid
Several Chinese state firms in Shanghai buy Tesla Model Y cars
Several state-owned firms in Shanghai have recently purchased Tesla Model Y as service cars, a local government statement said on Friday
Shell to take up to $2 billion writedown on Singapore and Rotterdam plants
Shell will take an impairment charge of up to $2bn after the sale of its Singapore refinery and pausing construction of its biofuel...
Canada sets high bar for approving large M&A deals in critical minerals
Canada announced any major deals targeting producers of critical minerals would only be approved under "the most exceptional circumstances".
