Focus on Business
China says TSMC chip curbs undermine interests of Taiwan companies
China's Taiwan Affairs Office says U.S. chip order on TSMC harms Taiwan firms' interests, heightening Taiwan Strait tension.
Samsung Electronics shares hit lowest in more than four years
Samsung shares hit a four-year low, falling 2.1 per cent amid increased competition and lagging AI chip demand versus rivals.
Global EV sales up 35% in October, Europe ekes out a gain
Global EV sales rose 35 per cent in October, led by China’s 54 per cent jump; Europe saw modest gains as the market...
Mexico plans to set aside $6 billion for Pemex in draft budget, Bloomberg reports
Mexico plans a $6B allocation in its 2025 budget to aid debt-laden Pemex, addressing its $120B combined financial and provider debt.
Suncor Energy earnings rise to $2.02 billion in third quarter
Suncor Energy posts a Q3 profit of $2.02B, up from $1.54B last year, with refinery utilization hitting 105 per cent.
Siemens Energy raises mid-term outlook as turnaround gathers pace
Siemens Energy narrows Q4 losses, triples shares YTD, and raises 2028 profit outlook, driven by strong demand and order growth.
Rivian, Volkswagen Group launch $5.8 billion joint venture
Rivian and Volkswagen Group's $5.8B joint venture will merge EV software and architecture, targeting future electric models.
Premier of Canada’s New Brunswick province confirms her Liberal government will draft carbon pricing plan
New Brunswick Premier Susan Holt says her newly elected Liberal government will draft a carbon pricing plan that will be submitted for Ottawa's...
US oil industry urges Trump to ditch Biden climate policies
The U.S. oil industry urges Trump to roll back Biden's climate policies, citing job security, energy independence, and consumer choice.
UN carbon market inches closer after COP29 agreement
The UN-backed carbon market moves closer, with COP29 nations setting new standards to ensure transparency and project credibility.
