Focus on Business
US seeks answers from Tesla in Autopilot recall probe
U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker's December recall of more than...
Tesla’s China-made EV sales fall 18% y/y in April
BEIJING (Reuters) – U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, lagging the broader market’s...
Saudi Aramco maintains $31 billion dividend despite lower Q1 net income
Aramco expects to pay $31bn in dividends to the Saudi government and its shareholders despite reporting lower earnings for Q1 on Tuesday
Toyota to get an earnings lift from hybrids as EV hype cools
Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday
China’s Zeekr to close $367.5 million New York IPO one day early, source says
Chinese EV maker Zeekr Intelligent Technology Holding will close its New York IPO bookbuilding to raise up to $367.5 million on Wednesday
China’s Nio turns to rival BYD to power new EV brand, sources say
China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a...
Calgary-based MEG Energy sees earnings rise in first quarter to $98 million
Meg Energy CEO Darlene Gates says the additional pipeline capacity from the start-up of the Trans Mountain expansion is expected to narrow heavy...
Canada’s Competition Bureau launches inquiry into Lululemon over ‘greenwashing’ allegations
Canada's Competition Bureau has launched an inquiry into Vancouver-based Lululemon following a complaint from members of an environmental group.
