Focus on Business
Chile’s Codelco seeks permit for $800 million mine extension
Codelco has requested an environmental permit to extend the life of its Gabriela Mistral copper mine by more than 25 years.
Toyota to build plant to produce EVs in China, Nikkei reports
Toyota Motor has decided to build a new factory to produce electric vehicles in China, the Nikkei business daily reported on Monday.
Brazil’s Petrobras to sign deal for four new support vessels built locally
Transpetro awarded a $69.5M tender for four coastal vessels to boost Brazil's shipbuilding sector after a decade of stagnation.
Lithium Americas and GM close joint venture for Thacker Pass mine in Nevada
Lithium Americas closes its JV with GM for Thacker Pass mine, with a $625M investment for a 38 per cent stake; production starts...
US House committee targets another investor climate group
The House Judiciary Committee is probing 60 asset managers over ties to the Net Zero Asset Managers initiative, alleging antitrust violations.
Russia calls gas sales to Europe ‘complicated’ as deal with Ukraine nears end
Russia's gas transit through Ukraine faces uncertainty as Kyiv will not renew its deal, impacting Slovakia and others reliant on this supply.
Good Energy’s potential UAE buyer gets another one-month extension
Esyasoft has until January 20 to decide on a takeover bid for Good Energy, extending the original deadline of December 23.
Plan to throttle foreign fossil fuel finance collapses at OECD, Bloomberg reports
Wealthy nations' plan to limit fossil fuel financing has collapsed, with ongoing negotiations expected to continue into January.
Italy’s antitrust opens probe into Snam-Edison gas storage deal
Italy's antitrust agency AGCM says it has opened an investigation into Edison's sale of its gas storage unit to gas grid operator Snam.
Former Nissan CEO Ghosn casts doubt on success of Nissan-Honda alliance
"If this merger takes place ... personally I don't think it's going to be successful," says Ghosn, who fled Japan in December 2019.
