Sunday, 9 February 2025

Focus on Business

FILE PHOTO: Logo of Swedish carmaker Scania is displayed on a truck at the IAA truck show in Hanover, Germany, September 17, 2024. REUTERS/Fabian Bimmer/File Photo
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsSemiconductor

Scania says it will lend Northvolt $100 million under US Chapter 11 bankruptcy deal

Swedish truckmaker Scania will lend Northvolt $100 million as part of the struggling battery maker's U.S. Chapter 11 bankruptcy protection deal.

Indian Prime Minister Narendra Modi greets people holding Indian flags as he arrives in Guyana on November 19, 2024 (Prensa Pesidencial Guyana)
BusinessEconomyNewsOilRegulationsTrade

Indian PM Modi highlights interest in Guyana’s oil

India seeks oil from Guyana, citing rising energy needs, as the two nations sign agreements on energy, agriculture, and defense cooperation.

Volkswagen workers staged a colourful protest against planned cost cuts (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Volkswagen workers head towards strikes from December

Volkswagen unions plan warning strikes from Dec. 1 as talks stall over factory closures and cost-cutting amid electric transition woes.

FILE PHOTO: A car is parked at the venue of the United Nations climate change conference, known as COP29, during a media tour ahead of the summit beginning in Baku, Azerbaijan November 8, 2024. REUTERS/Aziz Karimov/File Photo
AnalysisBusinessClimateClimate FinanceEconomyEmissionsEnvironmentIndustryPoliticsRegulationsTrade

Analysis: Trade demands clash with climate agenda at COP29 talks

Developing nations at COP29 decry trade barriers like the EU's carbon border levy, warning they hinder green transitions and climate equity.

AnalysisBusinessEconomyEmissionsGreen SteelHydrogenLegislationRegulations

Advocates make economic case for green steel production at Dearborn, Michigan plant

A recent report suggests it's time to convert Cleveland-Cliffs' Dearborn Works to green hydrogen technology ahead of the 2027 blast furnace relining.

FILE PHOTO: Visitors look at the Honda Ye GT electric vehicle displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)ElectricityNewsStorageTransport

Honda hopes to double EV driving range with solid-state batteries, R&D chief says

Solid-state batteries have been touted as a key technology to make longer-lasting, safer and cheaper electric vehicles.

The Hyundai IONIQ 9, a three-row electric SUV is unveiled during a Hyundai event in the Hollywood Hills in Los Angeles, California, U.S., November 20, 2024. REUTERS/Daniel Cole
BusinessElectric Vehicles (EVs)NewsTransport

Hyundai unveils big electric SUV in fast-growing market

Hyundai's IONIQ 9 will roll out in the United States and Korea early next year with a range of more than 300 mile.

FILE PHOTO: Korea Zinc Chairman Yun B. Choi speaks during a press conference in Seoul, South Korea, November 13, 2024.   REUTERS/Kim Hong-Ji/File Photo
AnalysisBusinessCritical MineralsPoliticsRegulations

Analysis: Korea Zinc takeover battle tests Seoul’s resolve on tackling ‘Korea discount’

The Korea Zinc takeover battle highlights weak investor protections, fueling calls for reforms to tackle South Korea's "Korea discount."

entrus Energy's Technology and Manufacturing Center in Oak Ridge, Tenn., Wednesday, Nov. 20, 2024, after the company announced an expansion of its production of centrifuges at the Tennessee facility to be used for to enrich uranium, which fuels nuclear power plants, at its operations in Piketon, Ohio. (AP Photo/Jonathan Mattise)
AnalysisBusinessCritical MineralsElectricityNuclear PowerPoliticsRegulationsSmall Modular Reactors

As US ramps up nuclear power, fuel supplier plans to enrich more uranium domestically

Centrus Energy's $60M Tennessee expansion boosts U.S. uranium enrichment amid nuclear power growth and reduced reliance on Russia.

FILE PHOTO: A piece of equipment with an Nvidia logo is displayed at COMPUTEX in Taipei, Taiwan June 4, 2024. REUTERS/Ann Wang/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)NewsRegulationsSemiconductor

Nvidia’s AI chip demand still booming but slowing sales growth worries investors

Nvidia’s Q4 forecast topped estimates, but shares fell as sky-high investor expectations and supply-chain snags challenge big revenue beats.

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