Tuesday, 11 February 2025

Focus on Business

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsTransport

Tesla kicks off legal fight to reinstate Musk’s pay

Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, won the backing of shareholders for a record compensation package....

A Hyundai Ioniq 5 electric vehicle is displayed next to a vertical smart farm at the Hyundai Motor Group Innovation Center Singapore (HMGICS) in Singapore June 14, 2024. REUTERS/Edgar Su
BusinessCritical MineralsElectric Vehicles (EVs)FinanceMineralsMiningNewsTrade

Chile lithium miner SQM reaches supply deal with Hyundai, Kia

Hyundai and Kia has done a deal with SQM for material necessary for EV batteries.

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus Mordant/File Photo
BusinessFinanceNatural GasNewsOil

LandBridge aims to raise up to $319 million in US IPO

LandBridge owns about 220,000 surface acres in the oil-rich Permian Basin

FILE PHOTO: A view of the Phillips 66 Company's Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products at the Kinder Morgan Carson Terminal (background), at sunset in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo
AnalysisAutomotiveBusinessFuelIn-DepthOilTransport

Analysis: Global gasoline refining margins slump on slow summer driving season

Oil refiners' profits are down as demand for U.S. gasoline is seasonally the lowest since 2021

FILE PHOTO: A person walks next to BYD Seal car in a BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
BusinessElectric Vehicles (EVs)News

Berkshire Hathaway sells $39.8 million of shares in China’s BYD

BYD is one of Berkshire Hathaway's few non-U.S. investments.

FILE PHOTO: Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo
BusinessFinanceMiningNews

London stocks rebound ahead of data-packed week

Both the blue-chip FTSE 100 and the mid-cap FTSE 250 are set to gain after falling for consecutive sessions

FILE PHOTO: A survey vessel sails past wind turbines at the Burbo Bank offshore wind farm near New Brighton, Britain, January 23, 2023. REUTERS/Phil Noble/FILE PHOTO
AnalysisBusinessClimateEconomyElectricityEmissionsLegislationNewsPoliticsRegulationsReportsSolarWind

Analysis-Industry fears EU carbon border tax will penalise British green energy

Wind farms like this one in New Brighton could face CO2 fees from 2026 even though they don't produce emissions.

FILE PHOTO: U.S. and Chinese flags are seen in this illustration taken, April 24, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AnalysisBusinessEconomyElectricityEmissionsNuclear PowerPolitics

US as many as 15 years behind China on nuclear power, report says

Beijing's state-backed approach continues to give it the edge in the development of high-tech nuclear power.

FILE PHOTO: The logo of the Carlyle Group is displayed at the company's office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato/File Photo
BusinessCoalElectricityNatural GasNewsSolar

Carlyle explores sale of electric power producer Cogentrix, FT reports

Cogentrix, which was bought by Carlyle from Goldman Sachs in 2012, has more then 70 gas, coal, solar and other renewable assets.

China's and U.S.' flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPoliticsSolarStorageTrade

US biz groups seek hearing, more time to weigh in on Biden’s China tariff hike

A wide swath of pro-trade American business groups has asked the Biden administration for another month to comment on plans to impose steeper...

Login into your Account

Please login to like, dislike or bookmark this article.