Focus on Business
Small islands join forces on debt relief ahead of COP29 climate talks
The world's small island states plan to join forces to push for debt relief and more climate investment ahead of this year's COP29...
Ex-regulator confirmed as new chief of Brazil’s Petrobras
Brazil’s state-run oil company, Petrobras, confirmed former regulator Magda Chambriard as its new chief executive Friday, 10 days after left-wing President Luiz Inacio...
Grupo Mexico’s Asarco to reopen U.S. smelter amid surging prices
Asarco is planning to restart its mothballed copper smelter in the United States as prices for the red metal hit record highs.
TotalEnergies says it is examining cross-listing shares in U.S
TotalEnergies said it is studying plans to cross-list its shares in the US, while also keeping its shares on the Euronext stock exchange
Brazil’s Petrobras approves Chambriard as new CEO
Petrobras said its board of directors have approved the nomination of Magda Chambriard as the company's new Chief Executive
EV maker Lucid to cut workforce by 6%
Lucid Group said it would reduce its workforce by 6%, or around 400 employees, as the electric vehicle industry grapples with slower growth.
Tesla slashes Model Y production in Shanghai, data shows
Tesla has cut output of its best-selling Model Y electric car by a double-digit percentage number at its Shanghai plant since March
Oil flat as firming US gasoline demand offsets rate jitters
Oil prices rose about 1%, but fell for the week on worries that strong U.S. economic data would keep interest rates elevated for...
Hess-Chevron merger vote appears ripe for narrow approval
Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to...
