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
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Some Nordic retail brokers allow clients to vote at Tesla AGM

Elon Musk is seeking support from shareholders over his proposed $56 billion pay package

The GM logo is pictured at the General Motors Assembly Plant in Ramos Arizpe, state of Coahuila, Mexico October 7, 2019. REUTERS/Daniel Becerril
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

GM cuts EV production forecast, approves $6 billion share buyback

General Motors cut its annual EV production forecast and announced a new $6 billion share buyback plan on Tuesday, as the automaker banks...

Cars to be exported sit at a terminal in the port of Yantai, Shandong province, China January 10, 2024. China Daily via REUTERS/file photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTradeTransport

Chinese automakers committed to Europe despite EV tariff probe: industry group

Chinese automakers' plans to invest in Europe won't be deflected by the EU's anti-subsidy probe into Chinese-made EVs, leading association said Tuesday.

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)FinanceNewsTransport

What will happen to Tesla CEO Elon Musk’s $56 billion pay package?

Shareholders vote on Thursday on whether to reinstate CEO Elon Musk's $56 billion pay package. What you need to know about the potential...

FILE PHOTO: The logo of the Nippon Life Insurance Co. is displayed at the company's headquarters in Tokyo, Japan. February 26, 2019.  REUTERS/Hideyuki Sano/File Photo
BusinessClimateEmissionsFinanceIndustryNews

Japan’s Nippon Life announces transition finance guidelines

Japan insurance company is promoting country's carbon-neutrality aims with transition finance guidelines

Tesla has urged shareholders to vote in favor of CEO Elon Musk's huge pay plan after a Delaware judge struck it down (GETTY IMAGES NORTH AMERICA)
BusinessEconomyElectric Vehicles (EVs)FinanceIndustryManufacturingNewsTransport

Tesla turns up charm ahead of investor vote on huge Musk pay plan

Tesla has called the vote on CEO Elon Musk's giant pay package a do-or-die moment for the company.

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo
BusinessFinanceNewsOil

Oil prices extend rally on potential U.S. crude purchase for reserve

Investors are waiting to see how changing oil prices could hit demand

FILE PHOTO: Semi trucks drive past a giant U.S. flag displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan/File Photo
BusinessClimateCourtsEmissionsNewsOilPolitics

California seeks company profits in Big Oil climate lawsuit

California's attorney general on Monday sought to force the world's biggest oil companies to give up profits the state alleges they made while...

FILE PHOTO: The logo for Eve Air Mobility is displayed on a screen during the company’s debut on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2022.  REUTERS/Brendan McDermid/File Photo
AviationBusinessElectric Vehicles (EVs)NewsTransport

Embraer’s Eve to raise funds as soon as July for flying taxi certification

Electric aircraft maker Eve expects to raise funds as early as next month to finance operations through the certification of its flying taxi...

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