Focus on Business
Japan considering restarting electricity, gas price subsidies from January, NHK reports
Japan may restart energy subsidies in January amid high fuel costs.
Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels
The Zero Emissions Maritime Buyers Alliance, led by Amazon and IKEA, will invite bids for e-fuel-powered shipping in 2027.
Tesla recalls over 2,400 Cybertrucks in sixth callback this year
Tesla recalls 2,431 Cybertrucks in the U.S. due to drive power loss risk, its sixth recall this year amid investor scrutiny.
Siemens Energy, RWE warn of Trump fallout in US offshore wind sector
Two of the world's biggest renewables firms warn of potential delays for U.S. offshore wind sector under Trump due to policy challenges.
Vietnam’s renewable energy policy is spurring decarbonization of global brands
Vietnam’s new Direct Power Purchase Agreement enables global brands to decarbonize supply chains by sourcing renewable energy.
Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say
Glencore and Chandra Asri aim to finalize their Singapore refinery acquisition in Q1 2025, launching Aster for operations.
Siemens Energy won’t propose dividend for fiscal year 2024
Siemens Energy will not issue a 2024 dividend due to German-backed guarantees, pausing payouts and top-level bonuses.
Korea Zinc pulls $1.8 billion share sale, turns sights to board fight
Korea Zinc scraps $1.8B share sale plan amid regulatory probe, setting stage for a shareholder battle with Young Poong and MBK.
China battery giant CATL would build US plant if Trump allows it
CATL may expand to the U.S. if Trump, open to Chinese EV investments, relaxes trade barriers, says CEO Zeng.
Chinese giant CATL pushes beyond batteries into power grids, EV platforms
Robin Zeng, CATL’s founder, is transforming it from the top EV battery supplier to a green-energy giant and low-cost EV enabler.
