Wednesday, 12 February 2025

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The Edgar Thomson steel plant in Braddock, Pennsylvania, which has been producing since 1875, would go to Nippon Steel under a proposed buyout of United States Steel (AFP)
BusinessConstructionIndustryManufacturingNews

Nippon Steel fight points to industry’s uncertain future in Pennsylvania

US Steel's deal with Nippon Steel has proved controversial.

FILE PHOTO: Visitors check a Ford Mustang Mach-E electric vehicle (EV) displayed at the Ford booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo
BusinessNews

Ford to launch $30,000 EV, expects profits in two and a half years

Ford did not provide any further details on the vehicle.

FILE PHOTO: General view of Citgo Petroleum headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessIndustryNewsOilPolitics

US court may put off hearing on Citgo bids to September

The auction is the culmination of a seven-year court battle seeking to satisfy $21.3 billion in claims against Venezuela.

AnalysisCritical MineralsEconomyIndigenousLabourOpinionSolarWind

How to create jobs for First Nations Australians in the clean energy transition

The Conversation: Done well, the renewable energy transition should improve the lives of First Nations Australians.

AnalysisAutomotiveBusinessElectric Vehicles (EVs)Trade

CleanTechnica: What the AlixPartners Global Automotive Outlook says about the future of Chinese EVs

AlixPartners has published its latest Global Automotive Outlook, which forecasts Chinese carmakers will make up 33% of the market share by 2030. Steve...

Global Chief Executive of Rio Tinto Aluminium Jerome Pecresse speaks during a business luncheon at The Canadian Club in Montreal, Monday, April 15, 2024. THE CANADIAN PRESS/Graham Hughes
BusinessClimateEmissionsIndustryMineralsNews

Rio Tinto and Quebec to invest $375M to build pilot carbon free smelter

The pilot operation is a critical step toward full-scale industrialization of the Elysis technology which eliminates direct greenhouse gas emissions from the smelting...

FILE PHOTO: Trafigura logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelNewsOil

Trafigura, Gunvor demand sparks jump in Brent oil benchmark

Trading houses Trafigura and Gunvor bought nine cargoes of crude that underpin the international Brent oil benchmark in the last week

FILE PHOTO: A boat lies on the partially dried-up bed of the Villa Victoria dam, which supplies water to Mexico's capital, as the Cutzamala System's stores have their lowest level in years due to a drought, in Villa Victoria, Mexico June 19, 2024. REUTERS/Paola Garcia/File Photo
BusinessCarbon ManagementClimateFinanceFuelNews

More finance, policy ambition demanded at London climate week

Countries need to dig deeper to provide the finance and set the policies needed to shift to a low-carbon economy, delegates heard this...

The Polestar 4 electric SUV is displayed at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/Brendan McDermid/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Polestar reports decline in 2023 revenue as EV maker grapples with slowing demand

EV-maker Polestar said on Friday, that its 2023 revenue fell about 3% and its losses widened as it grappled with slowing demand

FILE PHOTO: The Fisker logo is shown on the back of a Fisker Ocean electric SUV vehicle at one of the company’s sales, service ands delivery centers in Vista, California, U.S., May 22, 2024.   REUTERS/Mike Blake/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

EV firm Fisker to recall over 12,000 Ocean vehicles

EV firm Fisker is recalling 8,204 Ocean vehicles in the US due to exterior door handles sticking and failing to open, the NHTSA...

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