Focus on Business
Berkshire exec calls wildfire claims against utility ‘unfounded’
Warren Buffett's likely successor vows to challenge lawsuits brought against Berkshire Hathaway subsidiary PacifiCorp over Oregon wildfires.
France probes TotalEnergies over 2021 Mozambique attack
Jihadist attack near TotalEnergies' Mozambique LNG project in 2021 now being investigated by French prosecutors after families and survivors say company failed to...
Brazil rejects mining companies’ settlement offer for Mariana disaster
Vale and BHP's offer of $25bn as settlement payment for Mariana dam disaster rejected by Brazil for "inadmissible conditions".
Alberta wind farm axed over new government rules on development
TransAlta wind farm project cancelled after new restrictions imposed on 'pristine viewscapes' despite plans to redesign Alberta's electricity market.
China’s Zeekr plans to raise up to $368 million in US IPO
Electric vehicle manufacturer Zeekr eyes IPO on the US market with a target valuation of $5bn, in the first major floatation of a...
Exxon to take up to two years to hit stride with Pioneer purchase
Exxon Pioneer deal will take a while to achieve full synergy as the two oil giants begin to combine operations.
LNG producer Cheniere’s export volumes fuel core profit beat
Top U.S. liquefied natural gas producer Cheniere Energy beat adjusted core profit estimates on Friday, as higher-than-expected export volumes countered lower natural gas...
EV startup Rivian hires Volvo veteran Varela as operations chief
Rivian has named Javier Varela as its COO, bolstering its ranks with the Volvo veteran as the EV startup expands its production facility
Exxon Mobil completes $60 billion deal for Pioneer Natural
The purchase took place one day after receiving a go-head from the U.S. Federal Trade Commission (FTC) for the deal.
Pipeline operator TC Energy reports $1.20B Q1 profit
TC Energy Corp. reported a first-quarter profit of $1.20 billion, down from $1.31 billion in the same quarter last year, as its revenue...
