Friday, 7 February 2025

Focus on Business

FILE PHOTO: Logo of Uniper is pictured at the company's headquarters, as Germany agreed to nationalize Uniper by buying Fortum's stake in the gas importer to secure operations and keep its business going, in Duesseldorf, Germany, September 21, 2022. REUTERS/Wolfgang Rattay/File Photo
BusinessNatural GasNews

Exclusive-Uniper’s dormant gas contracts may pose hurdle to listing

Uniper is looking to the courts to solve the issue of its gas supply contracts that could deter investors upon its return to...

FILE PHOTO: The logo of Ferrari is seen on a car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny/File Photo
AutomotiveBusinessFuelNews

Ferrari appeals to traditional base with two new V12 cars

Despite promising its first fully-electric vehicle in 2025, Ferrari has said it will continue selling internal combustion engine cars.

FILE PHOTO: Macquarie Group's corporate logo is pictured on the wall of the Sydney headquarters after the Australian bank's full year results were announced, May 6, 2016. REUTERS/Jason Reed/File Photo
BusinessElectricityNews

Macquarie posts 32% fall in profit as energy markets stabilise

Australia's Macquarie Group annual profits down after years of blockbuster results due to volatile European energy markets and heightened fossil fuel demand in...

FILE PHOTO: ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelNatural GasNewsOil

Pioneer reports lower profit ahead of its takeover by Exxon

Pioneer Natural Resources on Thursday reported a lower first-quarter profit, weighed down by higher production costs and weak natural gas prices.

AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)OpinionPoliticsTrade

The Conversation: Electric cars pile up at European ports as Chinese firms struggle to find buyers

The Conversation: Entering an established market as a challenger is a complex operation. Chinese EV makers will have to contend with buyer wariness,...

A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020.   REUTERS/Steve Marcus/File Photo
BusinessCritical MineralsFinanceMineralsMiningNews

MP Materials report wider-than-expected Q1 loss

Rare earths miner MP Materials reported wider-than-expected loss in first quarter on Thursday, hurt by lower concentrate sales and weak prices of the...

FILE PHOTO: The logo of U.S. oil and gas company EOG Resources is seen in its office in Chongqing, China December 15, 2017. Picture taken December 15, 2017. REUTERS/Chen Aizhu/File Photo
BusinessFinanceNatural GasNewsOil

EOG Resources beats first-quarter profit estimates

Crude oil prices in the quarter mirrored prices from the previous year as production cuts by OPEC+ countries offset lower demand, helping oil...

FILE PHOTO: Scott Sheffield, CEO of Pioneer Resources, speaks during the IHS CERAWeek 2015 energy conference in Houston, Texas April 21, 2015.  REUTERS/Daniel Kramer/File Photo
AnalysisBusinessEconomyIn-DepthOilPolitics

U.S. oil executive censure puts spotlight on shale-OPEC meetings

A U.S. regulator's censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting Countries (OPEC) group...

The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017.  REUTERS/Arnd Wiegmann/File photo
BusinessCritical MineralsElectric Vehicles (EVs)FinanceMineralsMiningNews

Glencore studying an approach for Anglo American, sources say

Anglo American is attractive to its competitors for its prized copper assets in Chile and Peru, a metal used in everything from electric...

FILE PHOTO: An electric pick-up truck is pictured at the Rivian Automotive Inc facility in Costa Mesa, California, U.S.,November 1, 2023.     REUTERS/Mike Blake/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNewsPolitics

Rivian receives $827 million incentive package to expand Illinois facility

The Illinois plant, where Rivian also makes its electric delivery vans for its largest investor, Amazon.com, can produce 150,000 vehicles a year, the...

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