Focus on Business
GE reaches $362.5 million shareholder settlement over power unit
GE will pay $362.5 million to resolve a shareholder lawsuit over hidden risks at its power business.
Britain to launch consultation on electric vehicle transition
Britain will consult on its zero-emission vehicle mandate but maintain the 2030 deadline for phasing out petrol and diesel car sales.
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
The Biden administration announced a $6.6B loan to Rivian to build its fuel-efficient vehicles and work toward profitability.
EV maker VinFast narrows Q3 losses, beats revenue estimates on strong demand
VinFast reported a $550M Q3 net loss, smaller than last year, aided by higher demand.
Analysis: Adani’s ‘renewable energy marvel’ trapped in U.S. bribery indictment
Adani Green faces challenges after U.S. indictment over bribery, threatening its $100B renewable energy goals.
Trump’s tariff pledges rattle US, European auto shares
European automakers' shares fell as Trump pledged tariffs on Canada, Mexico, and China.
Snapshot: Major fallout for India’s Adani Group after U.S. bribery indictment
Adani Group's market value drops $33B after U.S. bribery charges; TotalEnergies halts investments, other deals stall.
Compressed natural gas vehicles gain slow momentum in Nigeria
Nigeria's government pushes CNG adoption to address fuel shortages, but slow conversions, safety, and costs hinder progress.
Extreme weather threatens Canada’s hydropower future
Extreme weather linked to climate change is plummeting Canada's hydropower output, affecting dam structures and energy exports.
COP29: Key outcomes agreed at the UN climate talks in Baku
COP29 in Baku concluded with agreements on increasing climate finance, advancing adaptation efforts, and setting stricter emissions targets.
