Tuesday, 11 February 2025

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BusinessEconomyNewsOilPoliticsTransmission

Crude quality issues on TMX pipe may hamper flows from Canada to US West Coast refiners

U.S. oil refiners and West Coast traders are flagging concerns about the quality of crude shipped on the newly completed Trans Mountain pipeline...

Last year, Ford cut around 1,100 jobs at its Valencia factory in eastern Spain (AFP)
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

Ford says to cut 1,600 more jobs at Valencia factory

Like other automakers, Ford has decided to shift to electric vehicles, which requires massive investments in developing new technologies and retooling factories.

FILE PHOTO: Journalists inspect China's BYD Atto 3 electric vehicle, during its launch ceremony in Jakarta, Indonesia, January 18, 2024. REUTERS/Willy Kurniawan
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

Europe’s automakers fret as China EV tariff fears become reality

The European Commission's decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war...

The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessElectricityFinanceInfrastructureNewsUtilities

Eni’s Plenitude ready to list when market conditions are there, CEO says

Plenitude, the renewable business of Italian energy company Eni, is ready to list on the Milan bourse as soon as market conditions allow,...

BusinessEconomyElectricityNewsPoliticsSolar

China solar panel manufacturers seek government action to halt freefall in prices

Chinese solar panel manufacturers said they are seeking immediate government intervention to curb investment and industry collaboration to arrest a plunge in prices...

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
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Florida pension board backs $56 billion pay package of Tesla CEO Musk

Florida's pension board voted in support of the $56 billion pay package of Tesla CEO Elon Musk for the company's upcoming annual meeting

The Tesla Logo is seen at a dealership in Durango, northern Spain, October 30, 2023. REUTERS/Vincent West
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Tesla reported to police in Sweden over alleged illegal electrical work

US EV manufacturer Tesla has been reported to police in Sweden accused of performing electrical installation work without the necessary registration

FILE PHOTO: Fisker Ocean electric SUV vehicles are shown at one of the company’s sales, service and delivery centers in Vista, California, U.S., May 22, 2024.   REUTERS/Mike Blake
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

EV startup Fisker to recall 18,000 vehicles in latest setback

Fisker said on Wednesday it was recalling more than 18,000 cars in North America and Europe due to faulty software and non-compliance with...

The European Commission has ordered a provisional hike to tariffs on Chinese manufacturers including BYD (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsRegulationsTradeTransport

EU slaps extra tariffs of up to 38% on Chinese electric cars

The European Union threatened on Wednesday to hit Chinese electric car imports with additional tariffs of up to 38% from next month

FILE PHOTO: A cyclist rides past the Bank of Canada building, Ontario, Canada, July 11, 2018. REUTERS/Chris Wattie
BusinessFinanceInfrastructureNewsTransmissionUtilities

Canadian investors eye utilities, real estate stocks as BoC cuts rates

Canadian utilities including pipeline companies such as Enbridge Inc and TC Energy Corp are likely to benefit from the BoC's move to begin...

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