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FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNewsTransport

Tesla aims to cut 400 jobs in Germany via voluntary programme

Tesla on Tuesday said it was targeting 400 job cuts at its German gigafactory near Berlin

A view of the facilities at Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, which was forced to shut down after Panama's top court ruled that its contract was unconstitutional following nationwide protests opposed to its continued operation, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/ File photo
BusinessCritical MineralsNews

Shortages key to copper’s upward price trajectory to new peaks

Rising copper prices, partly caused by energy transition applications, will continue as shortages begin to drive up demand.

FILE PHOTO: The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

General Motors beats quarterly results targets – as gas funds EV work

The automotive giant has raised its annual forecast, saying stable pricing and gas-powered vehicles will help ease investors' concerns over continued EV development.

BusinessFinanceNewsRegulations

Britain’s anti-greenwashing rule in finance to start on May 31

Financial Conduct Authority's greenwashing rules hope to stop investment firms inflating their environmental credentials.

FILE PHOTO: Nidec Corp's logo is pictured at an earnings results news conference in Tokyo, Japan, July 25, 2018. REUTERS/Kim Kyung-Hoon/File Photo
BusinessElectric Vehicles (EVs)News

EV maker Nidec posts quarterly loss, hit by restructuring costs

Kyoto-based electric car manufacturer Nidec reports 6 billion yen operating loss as it struggles with competition from China.

FILE PHOTO: A view of Enagas' tanks at Zona Franca in Barcelona, Spain, January 29, 2024. REUTERS/Albert Gea/File photo
BusinessFuelLiquefied Natural GasNatural GasNews

Spain’s Enagas Q1 net profit rises 20%

LNG revenue boosts Spanish gas grid operator ahead of a transition into managing hydrogen infrastructure.

FILE PHOTO: The logo of Renault is seen on the new Renault 5 E-Tech electric car during a presentation at a pre Geneva show event in Aubervilliers, near Paris, France, February 12, 2024. REUTERS/Gonzalo Fuentes/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Renault Q1 sales rise 1.8% amid turnaround and shift to EVs

More Renault electric models to launch later this year as carmaker notes growth despite fierce competition from Chinese EVs.

FILE PHOTO: A man holds a charging plug to charge a car at a Smart Charge electric vehicle (EV) charging station in Beijing, China February 2, 2024. REUTERS/Florence Lo/File Photo
BusinessElectric Vehicles (EVs)News

Electric car sales to rise but affordability in focus, IEA says

Sales of electric cars expected to hit 17 million, but concerns over cost and access to chargers cast doubt over the future, says...

FILE PHOTO: Cars are seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo
BusinessClimateCourtsNewsOil

California to wrap up Exxon plastics probe ‘in weeks’, AG says

Investigation into the oil giant's role in plastic pollution will soon conclude and could be followed by a lawsuit, attorney general says.

A string of disappointments have raised the stakes for for Tesla's first-quarter earnings announcement (AFP)
AutomotiveBusinessElectric Vehicles (EVs)News

Tesla earnings a ‘moment of truth’ for Musk after stumbles

Tesla earnings report comes amid the turbulence of price cuts, recalls, delays and a controversial pay package for CEO Elon Musk.

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