Focus on Business
Nebraska files antitrust lawsuit against heavy-duty truck makers over EV push
Nebraska AG sues top truck makers, alleging collusion to phase out diesel semis in favor of electric trucks to meet California rules.
Volkswagen appoints former Rivian executive as head of American business
Volkswagen appoints Kjell Gruner as head of its American business, as the automaker faces a choppy electric transition and UAW negotiations.
As COP29 eyes $1 trillion climate fund, some see new taxes as one way to get there
COP29 leaders eye $1T+ yearly for climate aid, exploring taxes on shipping, aviation, fossil fuels, crypto, and wealth to fund efforts.
TC Energy CEO sees opportunity in Trump win as company refocuses on natural gas
As a company, TC Energy has already seen first-hand how business can flourish or be derailed by political winds south of the border.
Sweden has no plans to take stake in Northvolt, deputy PM says
Sweden won't invest in cash-strapped Northvolt, says Minister Ebba Busch, despite its strategic value in the EU's industrial competition.
UK joins coalition to phase out fossil fuel subsidies
The UK joins 16 nations in a coalition to phase out fossil fuel subsidies at COP29 in Azerbaijan.
Beyond B-loans? Development banks seek private money for climate change fight
An investment manager warns of barriers to private sector investment in climate change projects, citing a lack of transparency.
XPeng forecasts upbeat fourth quarter revenue as new launches improve demand
Chinese EV maker XPeng forecasts strong Q4 revenue, beating Wall Street estimates.
Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens
Thyssenkrupp takes one billion euros steel writedown, shares jump 10 per cent as analysts eye cash flow gains and a potential stake sale.
UK govt launches competition to find AI solutions to boost clean energy
A competition to find innovative new solutions to how artificial intelligence can be used to help boost clean energy has been opened by...
