Focus on Business
Tesla to lay off more than 3,000 employees in California, notices show
Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and Retraining Notification (WARN) notices.
Russia cuts crude oil export price forecast to $65 per barrel in 2024-27
The Russian economy ministry has downgraded its forecasts for the country's crude oil export prices for the next three years to $65 per...
Oil and gas producer Ithaca Energy to buy Eni’s UK assets for about $940 million
Eni, Italy's biggest energy company, had given North Sea oil and gas producer Ithaca Energy a four-week exclusivity period to make an offer...
Tesla launches performance variant of Model 3 compact sedan
Tesla launched a performance variant of its Model 3 compact sedan in the United States at $52,990.
Air Products plans network of hydrogen refueling stations in Canada
Industrial gas manufacturer Air Products and Chemicals says it plans to build a network of hydrogen refueling stations across Canada.
Tesla to lay off nearly 2,700 employees in Texas factory, notice shows
Tesla will lay off 2,688 employees at its Texas factory, which follows another round of layoffs last week for the electric-vehicle maker under...
Gazprom says more work underway to link Russia’s eastern, western gas grids
Kremlin-controlled energy giant Gazprom says work is underway on further links between its east and western pipeline networks.
Solar company Sunpower flags issues with financial reporting
SunPower has identified misstatements in its results for fiscal year 2022, the U.S. solar power storage and energy service provider says in a...
US oil and gas M&A hits quarterly record after blockbuster 2023
US oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year's fierce merger pace centered...
EV startup Fisker at risk of filing for bankruptcy in 30 days
Cash-strapped business needs relief from creditors after talks with large automaker for investment collapsed last month.
