Friday, 7 February 2025

Focus on Business

A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceNatural GasNews

Chesapeake Energy misses quarterly profit estimates as natural gas prices remain low

Natural gas producer Chesapeake Energy Corp missed Wall Street estimates for first-quarter profit on Tuesday as persistently low natural gas prices weighed down...

Enbridge Inc logo is seen displayed in this illustration taken April 10, 2023. REUTERS/Dado Ruvic/Illustration/ File photo
BusinessFuelInfrastructureNewsOilTransmission

Enbridge selects contractors for its Great Lakes Tunnel Project

The Great Lakes Tunnel will link Michigan's peninsulas, providing a secure route for Enbridge's Line 5 pipeline.

meco Corp. reported a loss in its latest quarter as it was hit by charges related to its acquisition of a stake in Westinghouse Electric Co., one of the world's largest nuclear services businesses. A Cameco employee is shown during a media tour of the uranium mine in Cigar Lake, Sask. on Wednesday, Sept. 23, 2015. THE CANADIAN PRESS/Liam Richards
BusinessMiningNewsNuclear Power

Uranium miner Cameco Q1 results show $7M loss and revenue down

Cameco Q1 loss compares with profit of $119m a year earlier, after acquiring Westinghouse Electric Company.

BusinessElectricityFinanceInfrastructureNewsTransmission

Hubbell’s profit beats estimates on demand from utilities

Electrical equipment maker Hubbell on Tuesday reported a better-than-expected profit for the first quarter, bolstered by strong demand from utilities for its smart...

File photo: A view shows production and expiration dates on the bottles of Pepsi inside a refrigerator at a gym in central Moscow, Russia September 20, 2022. REUTERS/Alexander Marrow/File photo
BiodiversityBusinessNews

Norway’s wealth fund backs bid for PepsiCo study of biodiversity risk

PepsiCo biodiversity analysis backed by food giant's seventh-largest shareholder, as the issue gains more importance to investors.

FILE PHOTO: A Tesla Model 3 vehicle warns the driver to keep their hands on the wheel and be prepared to take over at anytime while driving using FSD (Full Self-Driving) in Encinitas, California, U.S., October 18, 2023.     REUTERS/Mike Blake/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)In-Depth

Analysis: Tesla’s self-driving bid for China faces rivals racing ahead

Tesla could prove a fierce competitor in China's autonomous-vehicle segment, experts say, citing its early lead in developing driver-assistance systems with some autonomous...

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X, formerly known as Twitter,  gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessElectric Vehicles (EVs)News

Tesla’s Musk reportedly trims senior execs amid more layoffs

Senior director of Supercharger business and head of new vehicles laid off, says report, with everyone who worked for them also set to...

A man works on a tent for NXP Semiconductors in preparation for the 2015 International Consumer Electronics Show (CES) at Las Vegas Convention Center in Las Vegas, Nevada, U.S. on January 4, 2015.   REUTERS/Steve Marcus/File Photo
AutomotiveBusinessIndustryNews

NXP Semiconductors forecasts Q2 profit above estimates

Industrial and IoT revenue grows for Dutch chipmaker, but automotive market starting to see inventory build-up.

BusinessNatural GasNewsRegulations

New Mexico reaches record settlement over natural gas flaring

Ameredev agrees to $24.5 million pay-out after burning off enough gas to supply 17,000 homes for a year.

A logo is pictured on an electric car at the Tesla Inc. vehicle facility in Costa Mesa, California, U.S., November 1, 2023.     REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)News

Tesla’s California registrations down second quarter in a row

Globally, Tesla's quarterly deliveries fell for the first time in nearly four years as price cuts and incentives proved insufficient in drumming up...

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