Focus on Business
BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
BMW and Yamaha Motor have invested in U.S. startup Phoenix Tailings to enhance rare earth processing, reducing reliance on China.
Europe’s Russian gas era comes to an end as Ukraine transit stops
Russian gas supplies to Europe via Ukraine will cease on January 1, ending Moscow's dominance in the European gas market.
Ukraine transit operator says Russia has not nominated gas volumes for Jan. 1 so far
Ukraine's gas transit operator said Russia had not nominated any gas flows for Jan. 1 through the Ukrainian pipeline to Europe as of...
Ford to recall 20,484 hybrid SUVs over battery concern
The recall includes certain Ford Escape and luxury Lincoln Corsair vehicles from model years 2020 to 2024.
Tesla to fix software for 77,650 China-made vehicles, says market regulator
Tesla will fix software in 77,650 China-made Model 3 and Model Y cars over safety hazards, China's market regulator said on Tuesday.
Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand
Cocoa and coffee prices surged in 2024 due to global supply deficits, while steel-making coal struggled amid China's slow growth.
Beijing unveils plans to boost driverless vehicle use in capital
Beijing will allow driverless buses and taxis from April 1, promoting autonomous vehicles and smart infrastructure.
Brazil’s Vale reaches $1.8 billion railway concessions deal
Vale agrees to pay up to 11 billion reais for railway concessions, revising contracts extended to 2057 under new terms.
Judge in Citgo share auction rejects bid to block Gramercy fund lawsuits
A U.S. judge allows lawsuits by three firms to proceed, potentially impacting the auction of Citgo's parent company shares.
