Thursday, 6 February 2025

Focus on Business

An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. Picture taken November 23, 2021.    REUTERS/Kim Hong-Ji
BusinessCritical MineralsMiningNews

Big miners seek to develop lithium extraction tech for Chile

Lithium mining companies submit proposals for reaching battery grade mineral as Chile seeks to develop salt flats.

FILE PHOTO: Sheets of copper cathode are seen at the copper cathode plant inside the La Escondida copper mine near Antofagasta, some 1,545 km (980 miles) north of Santiago city and 3,100 meters (10,170 feet) above sea level, March 31, 2008.REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsMiningNews

Chile’s Antofagasta CEO foresees higher 2024 copper prices

Copper mining in greater demand, says CEO, as global economy improves along with energy transition requirements.

FILE PHOTO: A miner uses a walkie-talkie inside 'El Teniente' copper mine of Chile's state copper giant Codelco in Rancagua, Chile March 21, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsMiningNews

Copper output at Chile’s Codelco set to rise this year, CESCO says

Copper mining production projected to go up even as challenges continue for structural projects designed to extend the life of key mines and...

Tesla electric vehicles are lined up at a dealership in Durango, northern Spain, October 30, 2023. REUTERS/Vincent West/File Photo
BusinessElectric Vehicles (EVs)News

Tesla expected to post lower profit margin amid doubts on growth, product strategy

Tesla is expected to report its lowest gross profit margin in more than six years on Tuesday after a chaotic week that included...

FILE PHOTO: View of the entrance of Freixenet, a Cava producer, in Sant Sadurni d'Anoia, near Barcelona, Spain, December 13, 2017. REUTERS/Albert Gea/File Photo
BusinessClimateLabourNewsWeather

Catalan cava producer Freixenet to lay off 80% of workforce due to drought

Spanish cava producer Freixenet has presented a plan to lay off temporarily nearly 80% of its workforce due to a drought in the...

A prototype of a bifacial photovoltaic module is seen inside Italian utility Enel's solar panel gigafactory in Catania, Italy, November 28, 2022. REUTERS/Antonio Parrinello/File Photo
BusinessCourtsNewsPoliticsRegulationsUtilities

Italy’s Antitrust probes Enel’s communication of energy price rises

Italy's Antitrust authority is looking into how the country's biggest utility Enel had communicated recent material gas and power price increases to its...

The Honda logo is displayed at the 44th Bangkok International Motor Show in Bangkok, Thailand, March 23, 2023. REUTERS/Athit Perawongmetha/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

Honda to build electric vehicles and batteries in Canada’s Ontario: source

Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to...

FILE PHOTO: Scott Ostfeld, managing partner and portfolio manager with  JANA Partners LLC., speaks during the 13D Monitor's Active-Passive Investor Summit in New York City, U.S., October 17, 2023. REUTERS/Brendan McDermid/File Photo
BusinessElectric Vehicles (EVs)FinanceNews

Activist Jana Partners urges Wolfspeed to eye sale, other strategic alternatives

Despite Wolfspeed's differentiated manufacturing capabilities and critical role as a U.S. supplier supporting the energy transition, every current shareholder appears to have lost...

FILE PHOTO: An oil tanker is seen on Lake Maracaibo, in Cabimas, Venezuela October 14, 2022. REUTERS/Issac Urrutia/File Photo
BusinessEconomyNewsOilPolitics

Venezuela to accelerate cryptocurrency shift as oil sanctions return

Venezuela's state-run oil company PDVSA plans to increase cryptocurrency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on...

A Saipem logo in seen on the bridge of the Saipem 10000 deepwater drillship in Genoa's harbour, Italy, November 19, 2015. Picture taken November 19, 2015. REUTERS/Alessandro Garofalo/ File photo
BusinessNewsOil

Italy’s Saipem says first-quarter core earnings jump 40%

Italian energy contractor Saipem says its first-quarter adjusted core earnings rose 40% on the same period of last year, driven by growth at...

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