Thursday, 6 February 2025

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Exxon Mobil Chairman & CEO Darren Woods said he challenged the Chevron-Hess deal over Guyana because it 'diminishes an element of value to ExxonMobil' (AFP)
BusinessNatural GasNewsOil

US oil giants’ profits dip as Exxon deal nears finish line

ExxonMobil CEO Darren Woods expressed confidence in closing the Pioneer transaction in Q2, describing "constructive" work with U.S. regulators reviewing the deal for...

Signage at a TotalEnergies gas station in Paris, France, February 6, 2024. REUTERS/Benoit Tessier/ File photo
BusinessNewsOil

TotalEnergies considers listing in New York, says CEO

French oil major TotalEnergies is "seriously" looking at a possible listing in New York, CEO Patrick Pouyanne told analysts on Friday

Swiss National Bank (SNB) governing board chairman Thomas Jordan attends the annual general meeting in Bern, Switzerland, April 26, 2024. REUTERS/Denis Balibouse
BusinessClimateNewsPolitics

SNB says climate change matter for politics, not central banks

SNB Chairman Thomas Jordan has said that climate protection should tackled by politicians rather than central banks

FILE PHOTO: The Exxon Mobil Corp building is pictured in Georgetown, Guyana February 18, 2022. REUTERS/Sabrina Valle/File Photo
BusinessNewsOil

Exxon misses on Q1 profit despite big gains in Guyana

Exxon Mobil Corp missed estimates with a 28% year-on-year drop in first quarter profits, as weaker refining margins offset volume gains

Cars are parked near Hertz car rental signage at John F. Kennedy International Airport in Queens, New York City, U.S., March 30, 2022. REUTERS/Andrew Kelly/File Photo
BusinessElectric Vehicles (EVs)News

Hertz Global eyes worst day on record as EV rental business falters

Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday

FILE PHOTO: A Chevron gas station sign is shown after Chevron Corp said it would buy Hess Corp in a $53 billion all-stock deal, in Encinitas, California, U.S., October 23, 2023. REUTERS/Mike Blake/File Photo
BusinessNewsOil

Oil giant Chevron reports Q1 profit beat

Chevron, the second largest U.S. oil producer, posted a profit of $5.5 billion in the quarter ended on March 31

The BYD logo is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/ File photo
AnalysisBusinessElectric Vehicles (EVs)In-Depth

Why BYD EV exports sell for twice the China price

China's top EV maker, BYD, has dramatically hiked export prices compared to what it charges at home, rather than undercut foreign rivals

FILE PHOTO: A view of the building of Tesla's production plant in Gruenheide outside Berlin, Germany, March 5, 2024, after the site lost power following a suspected arson attack on a nearby pylon. REUTERS/Lisi Niesner/File Photo
BusinessElectric Vehicles (EVs)News

US probes Tesla recall of 2 million vehicles over Autopilot

U.S. auto safety regulators have opened an investigation into Tesla's recall of more than 2 million vehicles to install Autopilot safeguards

FILE PHOTO: A logo for Huawei is seen during the KubeCon + CloudNativeCon Europe hosted by the Cloud Native Computing Foundation (CNCF) in Paris, France, March 20, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Huawei’s smart car tech offers automakers route to China sales

Chinese automakers are touting Huawei's Qiankun as the most sophisticated advanced driving assistance system (ADAS) to date

Lei Jun was mobbed by scores of people at the car show (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

China’s EV execs bullish on Western pressure at Beijing car show

EV executives at a top car show in China were bullish on prospects for growth, despite a gruelling price war and mounting Western...

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