Focus on Business
How China’s EV makers aim to beat legacy automakers in Europe
Chinese electric automakers BYD, Chery and GWM are preparing a fusillade of product launches in their most important export market.
EU seeks roadblocks for Chinese EVs without sparking trade war
The EU prepares to rev up taxes on Chinese EVs, while steering clear of a showdown with Beijing that could spark a trade war.
Oil dips on concerns about demand, U.S stockpiles data awaited
Oil prices eased after resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a potential blow to demand.
Elon Musk could become policy adviser if Trump wins election, WSJ reports
Donald Trump is considering tapping billionaire Elon Musk as a policy adviser if the Republican presidential candidate reclaims the White House in November's...
US seeks records from Tesla in power steering loss probe
The U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it is seeking records from electric car-maker Tesla in its investigation into...
Chevron shareholders re-elect all directors, CEO confident on Hess deal
Chevron shareholders rejected all four proposals brought forward by investors, with 98% voting against reporting about the risks from voluntary carbon-reduction commitments and...
BHP walks away from $49 billion takeover offer for Anglo American
Mining group BHP abandons Anglo takeover plans after multiple rejected offers, with South African division of the business causing headaches.
EV switch to hit auto suppliers hard, Stellantis CEO says
The transition to electric vehicles would impose a "significant burden" on auto suppliers, says Stellantis CEO Carlos Tavares.
Biden administration expands tax credits beyond wind, solar
Clean tech tax credits scheme expands to cover geothermal, nuclear and more as Biden administration aims to hit net zero goal in 2035.
Shell, Exxon near deal to sell North Sea assets to Viaro, sources say
The sale of the Clipper and Leman Alpha field clusters would mark the latest step in a steady retreat of major oil and...
