Monday, 10 February 2025

Focus on Business

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessFinanceFuelLiquefied Petroleum GasNewsOil

Berkshire buys additional 2.57 million shares in Occidental Petroleum

Warren Buffett's Berkshire Hathaway bought around 2.57m shares of common stock in Occidental Petroleum over June 5-7, according to US filing

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File photo
BusinessConstructionFinanceIndustryLabourManufacturingNews

Nippon Steel executive saw positive reaction from U.S. Steel workers

Nippon Steel VC Takahiro Mori met with US Steel's employees and community leaders to discuss its proposed acquisition of the US company

Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn, Michigan, U.S., March 29, 2021. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsFuelNewsPoliticsRegulations

US raises truck, SUV fuel economy rules, much less than first proposed

The National Highway Traffic Safety Administration (NHTSA) said the proposed new rules will result in much lower compliance penalties than originally proposed, a...

AnalysisBusinessConstructionFuelManufacturingOpinionTransport

John Kemp column: US manufacturers in halting recovery but diesel use tepid

Column by John Kemp: U.S. manufacturers are gradually emerging from a prolonged but shallow slowdown over the last two years, but progress has...

Elon Musk, Chief Executive Officer of SpaceX and Tesla, walks after attending the opening of the 10th World Water Forum in Nusa Dua, Bali, Indonesia, May 20, 2024. REUTERS/Johannes P. Christo
BusinessCourtsElectric Vehicles (EVs)FinanceNews

Tesla objects to $5.6 billion payout for lawyers who voided Musk’s pay

Tesla said the legal team for Richard Tornetta, the shareholder whose lawsuit led to a January ruling voiding CEO Elon Musk's $56 billion...

In this file photo, planes are parked at a private jet terminal at Harry Reid International Airport ahead of the Super Bowl on Thursday, Feb. 1, 2024, in Las Vegas. (AP Photo/John Locher)
AnalysisAviationBusinessEmissionsIn-DepthNews

Private jets descend on Montreal for F1 Grand Prix in emissions-heavy weekend

Pinning a precise number on the carbon dioxide emissions from a flock of private jets can be hard. But in general, the pricey...

BYD's Stella Li shrugged off a European Union inquiry that could lead to tariffs on Chinese EVs (AFP)
AutomotiveBusinessElectric Vehicles (EVs)News

Chinese automaker BYD says to build second EU factory despite EV slowdown

Chinese electric vehicle giant BYD is still committed to building a second factory in Europe and will roll out hybrid cars as the...

FILE PHOTO: Dump trucks haul coal and sediment at the Black Butte coal mine outside Rock Springs, Wyoming, U.S. April 4, 2017.  REUTERS/Jim Urquhart/File Photo
BusinessClimate FinanceCoalEconomyFuelNewsPoliticsTradeUnited Nations

Major world economies seek to halt new private sector coal financing

World's major economies looking to finalise a plan ahead of UN climate summit to halt new private sector funding for coal projects.

Member of the Board of Management Volkswagen AG Technology Thomas Schmall speaks during a press conference before the groundbreaking ceremony for German carmaker Volkswagen's first battery cell production plant 'SalzGiga' in Salzgitter, Germany, July 7, 2022. REUTERS/Fabrizio Bensch
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

VW wants to prepare charging business for outside investors

VW is preparing its energy and charging division for outside investors, the carmaker's board member in charge of technology said on Friday

Mark Carney, the UN Special Envoy on Climate Action and Finance, attends The Museum of American Finance Gala, at the Ziegfeld Ballroom in New York City, U.S., March 7, 2024. REUTERS/Jeenah Moon/ File Photo
BusinessClimateEconomyFinanceNewsPolitics

US House committee grills Carney, Schapiro in push against climate coalitions

US lawmakers' committee interviews with GFANZ leaders Carney and Schapiro in escalation of push against coalitions to tackle climate change

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