Focus on Business
Analysis: Tesla’s restructuring hits executive bench hailed by Musk
Tesla executives once proved that the car company wasn't a one-man show – as some leave in quick succession, should investors be wary?
US State Dept says oil service firm SLB is not violating Russia sanctions
The U.S. and other western countries have sought to reduce Moscow's energy revenue through sanctions that prompted many service companies to leave Russia....
Tesla retreats from next-generation ‘gigacasting’ manufacturing process
Tesla's move away from ambitious plans for 'gigacasting' is another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition.
Utility PPL Corp’s Q1 results beat on lower operating costs
PPL Corp Q1 results show operating expenses falling by 8% and better-than-expected revenues.
Canada’s Cenovus Energy posts higher first-quarter profit
Cenovus first quarter results show record volume and rise in net income.
Citigroup sees loan book hit in climate action ramp-up, document shows
Citigroup climate risks document prepared for Federal Reserve shows potential for $7bn losses if the energy transition is on track for net zero...
Businesses urged to take part in census on UK’s net zero progress
Government-backed research initiative aims to track how British businesses are progressing towards UK net zero target of 2050.
EV maker Polestar to delay fourth-quarter results for a second time
Swedish electric-vehicle maker Polestar Automotive will delay the publication of its fourth-quarter and full-year 2023 financial results for a second time, a spokesperson...
Musk disbands Tesla Supercharger team, leaving customers in the dark
Analysis: Elon Musk's abrupt decision to lay off employees who ran Tesla's charging business blindsided automakers gearing up to equip new EVs for...
