Thursday, 6 February 2025

Focus on Business

FILE PHOTO: Flue gas and steam rise out of chimneys and smokestacks of an oil refinery during sunset on a frosty day in the Siberian city of Omsk, Russia, February 8, 2023. REUTERS/Alexey Malgavko/File Photo
BusinessFinanceNews

Insurers’ climate alliance relaunches after member exodus

Global insurance collective will replaced the Net Zero Insurance Alliance after US Republicans' legal threats caused concern for members.

FILE PHOTO: An aerial view of Anglo American's Los Bronces copper mine at Los Andes Mountain range, near Santiago city, Chile on November 17, 2014.   REUTERS/Ivan Alvarado/File Photo/File Photo
BusinessCritical MineralsMiningNews

BHP Group makes $38.8 billion play for Anglo American, copper in focus

BHP Anglo American takeover would create world's biggest copper miner, with 10% of global output.

The logo of the Canadian mining company Teck Resources Limited is displayed as people visit the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/ File Photo
BusinessCoalMiningNews

Canada’s Teck Resources misses first-quarter profit estimates

Lacklustre steelmaking coal sales blamed for Teck profits disappointment.

FILE PHOTO: A welding robot assembles bodyworks on a Yaris car at the assembly line of the Toyota Motor Manufacturing France (TMMF) plant in Onnaing near Valenciennes, France, March 30, 2023. REUTERS/Pascal Rossignol/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Toyota hits record output, sales in FY2023/24

TOKYO – Toyota Motor said on Thursday its global sales and production hit record highs in the year ended March 31, supported by...

Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
BusinessElectric Vehicles (EVs)News

LG Energy Solution to minimise capex this year due to slow EV demand

LGES profit plunges as supplier to Tesla, GM and Volkswagen faces slowing demand for electric vehicles.

FILE PHOTO: A VinFast electric taxi operated by Vietnam-based fleet operator Green SM is pictured in Hanoi, Vietnam, October 10, 2023. REUTERS/Thinh Nguyen/File Photo
BusinessElectric Vehicles (EVs)News

VinFast chief planning to invest another $1 billion in EV maker

Billionaire will shore up loss-making VinFast as he vows: "I will not give up"

FILE PHOTO: Mercedes-Benz logo on display at the Everything Electric exhibition at the ExCeL London international exhibition and convention centre in London, Britain, March 28, 2024.  REUTERS/Peter Cziborra/File Photo
BusinessElectric Vehicles (EVs)News

Mercedes Benz not giving up on electrification at Beijing auto show

Display of Mercedes electric vehicles at Beijing auto show aims to shut down "rumours" of company abandoning EVs.

The London skyline is seen shortly after sunrise from Richmond Park in London, Britain, August 10, 2023. REUTERS/Toby Melville/File Photo
BiodiversityBusinessClimateEnvironmentFinanceNews

Nature loss could slow UK growth 12% by the 2030s, report says

Biodiversity loss and environmental degradation create major risks for the UK economy and financial sector, says Green Finance Institute.

FILE PHOTO: The BYD logo is displayed on a vehicle in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

China’s BYD seeks to redefine luxury for the EV generation

Beijing auto show will see BYD showcase premium cars as China's EV market gets ultra-competitive.

FILE PHOTO: People visit a Ford booth at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Ford’s first-quarter adjusted profit falls, sees increase in hybrid vehicle sales

Ford CEO Jim Farley says he has walked back some of the company’s EV ambitions to better match consumer demand. Hybrids are a...

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