Focus on Business
BP’s EV charging arm cuts jobs, reduces global ambitions
The changes at BP Pulse are part of efforts to focus on the British company's most profitable segments as it battles investor doubts...
Tesla to lay off more than 10% of its staff, Electrek reports
Planned job cuts come after EV maker reported that its global vehicle deliveries in the first quarter fell for the first time in...
Japan’s JERA creates global renewables-focused unit in UK
New division of the power giant will develop, invest in, own and operate renewable energy projects such as onshore and offshore wind, solar...
China’s Chery says it will sign deal with premium European brand
Two prestigious car manufacturers keen to engage in platform cooperation, says chairman.
Southeast Asia ‘woefully off track’ on eco investment, Bain says
With energy consumption in the region expected to grow 40% this decade, carbon dioxide emissions remain on the rise, with the region still...
Climate investors target Japan’s top banks on board oversight, sources say
Proposals reportedly focus on climate-related business risks and seek to make the megabanks disclose how they evaluate director competency for oversight.
Oil prices fall after Iran attack as market draws down risk premium
Brent futures for June delivery fell 50 cents, or 0.5%, to $89.95 a barrel, while West Texas Intermediate futures for May delivery were...
Gulf markets dip in sign of investor concern after Iran attacks Israel
Brent crude futures were nearing a six-month high on concern that Iran, the third-largest OPEC producer, would attack Israel.
China EV maker Nio urges openness in US speech amid tensions
William Li, speaking at Harvard University, said rapid EV growth in China resulted from an "open and competitive" market where "all products are...
