Wednesday, 12 February 2025

Focus on Business

FILE PHOTO: A U.S. Justice Department logo or seal showing Justice Department headquarters, known as "Main Justice," is seen behind the podium in the Department's headquarters briefing room before a news conference with the Attorney General in Washington, January 24, 2023.  REUTERS/Kevin Lamarque/File Photo
BusinessFuelNewsOilPoliticsRegulationsTrade

SLB, ChampionX get second request from DoJ for proposed $8 billion deal details

Several oil and gas firm deals have been delayed by second requests from antitrust regulators for additional information.

FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessNewsOil

Several competitive bids in auction of Citgo parent, reports court officer’s rep

The offers in Citgo Petroleum's bidding have proven to be complex, with many combining cash with credits bids.

FILE PHOTO: The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNewsOil

Exxon-Hess arbitration panel nears formation: sources

The panel's formation would be a milestone in a long-delayed process that has cast uncertainty over the mega-merger, which both Chevron and Hess...

FILE PHOTO: A view shows a second-generation R1S at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Rivian says no plans to produce vehicles with VW after media report on early talks

Rivian denied a media report on Tuesday that said the U.S. electric vehicle company was in early talks with Volkswagen to extend their...

FILE PHOTO: The Lightning logo is seen on the side of an all-new Ford F-150 Lightning electric pickup truck outside the Ford Motor World Headquarters in Dearborn, Michigan, U.S., April 26, 2022. REUTERS/ Rebecca Cook/File Photo
BusinessElectric Vehicles (EVs)News

Ford urges its managers to buy more EVs with new leasing policy

The company changed a leasing program it offers to eligible current and former managers, now requiring them to order an electric Mustang Mach-E...

FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S. on February 11, 2014.  REUTERS/Brendan McDermid/File Photo/File Photo
BusinessFinanceFuelNewsOil

Icahn-owned oil refiner CVR bidding in Citgo share auction: sources

CVR is working with investment bankers at Wells Fargo to raise the financing for its bid. The company has the support of Icahn...

FILE PHOTO: A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS/Johanna Geron/File Photo
AutomotiveBusinessFinanceIndustryManufacturingNewsTransport

Toyota’s Q2 US auto sales up 9% on SUV demand

The company, a unit of Japan's Toyota Motor Corp, sold 621,549 vehicles in the quarter, compared with 568,962 units a year earlier.

A boat passes by on the ocean off Sea Girt, N.J. on July 2, 2024, the day that the U.S. Interior department approved the Atlantic Shores offshore wind farm project. A power cable from the wind farm is projected to come ashore in Sea Girt and one other location yet to be determined. (AP Photo/Wayne Parry)
BusinessElectricityNewsUtilitiesWind

US gives key approval to Atlantic Shores offshore wind farm in New Jersey

State-first offshore wind farm for New Jersey moves a step closer.

FILE PHOTO: The logo of a Tesla electric vehicle is placed on a car outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Tesla’s quarterly deliveries fall less than expected; shares rally

The automaker said price cuts and other incentives had helped to stimulate demand.

FILE PHOTO: A Nikola Hydrogen Fuel Cell EV is displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023.  REUTERS/David Swanson/File Photo
AutomotiveBusinessHydrogenNewsTransport

Nikola’s hydrogen fuel cell truck deliveries surge in Q2, beating expectations

(Reuters) -Nikola said on Tuesday deliveries of its hydrogen-fuel cell trucks surged 80% in the second quarter from the previous three months, signaling...

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