Thursday, 6 February 2025

Focus on Business

FILE PHOTO: The entrance to oilfield service provider SLB's office in Houston, Texas, showing the former Schlumberger's new name and logo, is seen in this handout image taken June 2023. Courtesy of SLB/Handout via REUTERS/File Photo
BusinessNewsOil

Oilfield firm SLB’s profit rises on international drilling demand

Strong oil and gas drilling demand in the Middle East and Africa helped offset weakness in North American activity

FILE PHOTO: The logo of Spanish energy company "Naturgy" is seen in its headquarters in Madrid, Spain, April 16, 2024. REUTERS/Susana Vera/File Photo
BusinessNatural GasNewsPolitics

Spanish government signals openness to TAQA’s bid for Naturgy

Spain on Friday signalled it was open to a potential takeover bid of energy firm Naturgy by Abu Dhabi's TAQA

FILE - Oil makes a pattern in the waters of Chandeleur Sound, La., May 6, 2010. (AP Photo/Alex Brandon, File)
AnalysisBusinessCourtsEnvironmentIn-DepthLabourOil

BP settles boat captain’s lawsuit over injuries from Gulf oil spill cleanup

After more than a decade of litigation following the largest offshore U.S. oil spill, John Maas may well be the only person to...

FILE PHOTO: A view shows lumps of coal at Borodinsky open-pit mine, owned by the Siberian Coal Energy Company (SUEK), near the Siberian town of Borodino near Krasnoyarsk, Russia September 28, 2023. REUTERS/Alexander Manzyuk/File Photo
BusinessCoalInfrastructureNewsTransmission

Russia’s OTEKO to reject offer for coal transshipment terminal

Transport group Delo will submit an offer to buy OTEKO's Taman coal transshipment terminal to lower coal prices and resume stalled operations

FILE PHOTO: Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, U.S. August 2, 2023.  REUTERS/Carlos Barria/File Photo
AviationBusinessNewsTransport

Archer Aviation aims to start electric air taxi trials in India next year

Electric vertical takeoff and landing aircraft (eVTOL), also known as flying taxis, have been touted as the future of urban air mobility

FILE PHOTO: General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM's workforce" in Washington, U.S., December 13, 2023. REUTERS/Elizabeth Frantz/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)In-Depth

GM and Ford count on gas-powered trucks as EV growth slows

The slowdown in EV demand and competition from Chinese automakers have forced delays in investments and cost cutting for GM and Ford

Spain's Prime Minister Pedro Sanchez speaks at the new factory of China's Chery Auto, at Zona Franca, in Barcelona, Spain April 19, 2024. REUTERS/Albert Gea
BusinessElectric Vehicles (EVs)News

Carmaker Chery says Spanish plant to be among main export facilities

Chery aims to produce 150,000 vehicles a year by 2029 at the Barcelona plant, in a joint venture with Spanish firm EV Motors

FILE PHOTO: The Tesla Cybertruck is displayed at the SAE WCX conference in Detroit, Michigan, U.S., April 18, 2024. REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Tesla to recall 3,878 Cybertrucks, NHTSA says

Tesla is recalling the vehicle to fix an accelerator pedal pad that could come loose and get lodged in the interior trim

da's banks left the federal government no choice but to use legislation to force them to label federal deposits the way the government wants, Environment Minister Steven Guilbeault said. Guilbeault leaves caucus on Parliament Hill in Ottawa on Wednesday, March 20, 2024. THE CANADIAN PRESS/Sean Kilpatrick
BusinessEconomyEmissionsFinanceNewsPolitics

Ottawa to force Canadian banks to call carbon rebate by name in direct deposits

Canadian banks that refuse to identify the carbon rebate by name when doing direct deposits are forcing the government to change the law...

FILE PHOTO: Two workers install a bifacial 540 W solar panel at a solar panels park by energy supplier Enel Green Power, in Trino Italy, March 5, 2024. REUTERS/Claudia Greco/File Photo
AnalysisBusinessElectricityIn-DepthSolar

Column: Plunging solar capture rates to test Europe’s policymakers

Wholesale power prices coming under pressure from surging solar output looks set to become a potentially divisive issue across Europe

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