Focus on Business
Nissan annual net profit nearly doubles on-year
Japanese automaker forecasts a dip of 10% for the current financial year despite bumper profits driven by rising demand across markets.
Panasonic expects battery unit’s annual profit to rise 23%
Lower production at Panasonic battery unit means energy division misses income forecast as EV demand falls.
Opinion: Green steel needs tiered incentives to flourish in Asia
Virtually every player in the market is taking green steel seriously – but achieving net-zero by 2050 is likely a pipedream, unless there's...
US forges new ‘battery belt’ in hopes of electric future
Surge of investment in green technology builds a US 'battery belt' following Biden's bid to strengthen 'hollowed out' industrial communities.
GM to end production of Chevrolet Malibu as it shifts to EVs
General Motors says it will end production of its gasoline-powered Chevrolet Malibu car later this year in order to produce new electric vehicles.
Oklahoma anti-ESG law blocked by state judge
A judge in Oklahoma blocked a state law that prohibits state pension systems from investing with companies that limit investment in the oil...
ATCO subsidiary to build new Alta. pipeline to supply gas to petrochemical project
Canadian Utilities Ltd., a subsidiary of Calgary-based holding company ATCO Ltd., says it plans to build a new natural gas pipeline in Alberta...
Suncor leasing oil tanker ships to carry crude from Trans Mountain pipeline expansion
Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed...
Climeworks opens world’s largest plant to extract CO2 from air in Iceland
Climeworks has opened the world’s largest operational direct air capture (DAC) plant to suck carbon dioxide out of the atmosphere
Hyundai Motor plans to add hybrids to US plant within current investment
Hyundai plans to use the investment it has already lined up for the US to produce hybrid vehicles at its electric vehicle (EV)...
