Focus on Business
Orsted says Taiwan wind project to power TSMC on track for 2025 finish
Wind farm developer Orsted's Taiwan plan will supply 920MW to valuable chipmaker TSMC.
Japan launches anti-dumping probe into Chinese graphite electrodes
Graphite electrodes investigation prompted by domestic manufacturers, says Japanese government.
China’s Huawei launches new brand for intelligent driving
Self-driving system will push Huawei's EV integration even further, says CEO.
Asahi Kasei to build EV battery component plant in Canada to supply Honda, Nikkei reports
TOKYO – Asahi Kasei plans to spend about 200 billion yen ($1.3 billion) to build a battery component factory in Canada, the Nikkei...
Tesla’s shift on low-cost cars throws overseas plans into limbo
Tesla factories planned for Mexico and India seem unlikely after news of focus on more affordable cars built at existing facilities.
Australia’s Lynas Rare Earths’ Q3 sales revenue falls 58%
Weak prices, increased production in China and slower-than-expected demand growth recovery sees Australian mining company slump in Q3.
First Quantum Minerals cuts debt by over $1 billion in first quarter
The Canadian miner had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt.
Trans Mountain expects first ship to load from expanded pipeline in second half of May
The expanded pipeline will carry an extra 600,000 barrels per day (bpd) of oil from Alberta to Canada's Pacific coast and is set...
Canada’s finance minister: $5B just a start for Indigenous loan guarantee program
The $5-billion announced for an Indigenous loan guarantee program in Canada's 2024 budget is just a start: Finance Minister Chrystia Freeland
Tesla’s quarterly revenue falls for the first time since 2020
Tesla's revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition...
