Focus on Business
US utility Sempra’s profit falls 17% in first quarter
U.S. power and gas utility Sempra posted a 17% drop in its first-quarter profit on Tuesday, impacted by lower earnings at two of...
Crescent Point Energy selling $600M of assets to Saturn Oil & Gas
Crescent Point Energy says it has signed a $600-million deal to sell some of its oil-producing properties in Saskatchewan to Saturn Oil &...
Chinese EV makers’ plans to make cars in Europe
Chinese carmakers are looking to manufacture in Europe as they aim to ramp up sales of lower costs cars to rival their European...
Geely, Foretellix partner to jump-start self driving car development
Automaker Geely and Israeli startup Foretellix form strategic partnership to accelerate large-scale development of self-driving vehicles
US power and natgas prices turn negative in Texas, California and Arizona
US spot power and natgas prices turned negative in Texas, California and Arizona as pipeline maintenance trapped gas in the Permian Shale
China’s BYD to launch first pick up truck at event in Mexico
China's EV giant BYD said Tuesday it will hold the global launch of its first pick up truck, the BYD Shark, at an...
Octopus Energy valuation jumps to nine billion dollars as investors double down
Octopus Energy’s valuation has jumped nine billion US dollars (£7.2 billion) after two of its biggest investors increased their stakes in the business
EV truck maker Nikola misses first-quarter revenue estimates
Nikola missed Wall Street expectations for quarterly revenue on Tuesday, as the electric truck maker delivered fewer hydrogen fuel cell trucks amid an...
Duke Energy beats first-quarter profit estimates on higher rates
Duke Energy beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from higher rates and robust demand for electricity
Paraguay pushes rival bid for $1.5 billion Argentina-Brazil gas connector
Paraguay is advancing talks with Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries
