Focus on Business
Climate lawsuits against companies on the rise: report
Accusations of "climate-washing" or misleading marketing have been among the drivers for more recent cases against corporations.
Next UK government urged to fund ‘just transition’ for oil and gas workers
The next government must provide a “clear and funded” transition plan for workers in the offshore oil and gas industry, including the North...
Volvo to delay EV EX30’s US shipments due to higher tariffs on Chinese imports
Volvo won't deliver the EVs until 2025 as it shifts production of the compact SUV out of China in the wake of tariff...
Codelco copper output falls behind target in May, document shows
Chile's Codelco, one of the world's largest copper producers, is battling hard to revive production.
Complex bids could extend Citgo auction evaluation, sources say
The court-organized auction of the seventh-largest U.S. oil refiner aims to satisfy up to $21.3 billion in claims against Venezuela.
Peru trying to lure BYD auto plant with industrial park incentive
President Dina Boluarte said if BYD were to build an auto assembly plant in Peru, it would benefit from the Chancay port under...
Major investor to divest from Glencore and TK Maxx owner over climate concerns
Glencore does not “meet our red line” of asking mining companies to share whether they plan to increase thermal coal capacity, says LGIM.
What’s behind Volkswagen’s $5 billion EV software bet on Rivian?
Volkswagen, Europe's biggest carmaker, plans to spend as much as $5 billion on an EV software partnership with U.S.-based Rivian
Shell going ahead with Canadian carbon capture and storage project
Shell Canada Products says it's going ahead with its Polaris carbon capture project designed to capture 650,000 tonnes of CO2 annually
Rivian jumps as $5 billion Volkswagen investment signals ‘vote of confidence’
Rivian Automotive surged 36% premarket on Wednesday after a $5 billion investment from Volkswagen bolstered the loss-making startup
