Focus on Business
Washington seals $475 million loan for battery recycler Li-Cycle ahead of Trump’s arrival
The U.S. Energy Dept. approved a $475M loan to Li-Cycle for a NY battery plant, key to Biden’s domestic EV supply chain goals.
GM ending production of Cadillac XT4 SUV as it shifts to EVs
GM to end gas-powered Cadillac XT4 production in January, shifting Kansas plant focus to next-gen Chevy Bolt EVs.
Bentley to launch SUV EV in 2026, extend sales of plug-in hybrids to 2035
Bentley delays full EV shift to 2035, launching its first electric SUV in 2026 with plans for hybrids till 2035, citing demand.
Cameco raises annual dividend, reports $7M third-quarter profit
The uranium miner's revenue for the quarter totalled $721 million, up from $575 million in the same quarter last year.
Mexican economy chief says wants to sound out Musk on Tesla plant plans
Mexico's Economy Minister Marcelo Ebrard seeks talks with Elon Musk to revive Tesla's plans for a gigafactory in Nuevo Leon.
Stellantis, Infineon announce cooperation on architecture for next-generation cars
Stellantis partners with Infineon to advance EV power systems, securing semiconductor supply for efficient, sustainable mobility.
Audi unveils new EV brand in China without four ring logo
Audi has launched a China-specific EV brand without its iconic four-ring logo, aiming to appeal to younger Chinese buyers.
TC Energy cuts cost estimate for Southeast Gateway pipeline project in Mexico
The project involves the construction of a 715-kilometre offshore natural gas pipeline in southeast Mexico.
JAL-Sumitomo JV secures right to place order for up to 100 Archer air-taxis
Archer Aviation's air-taxi venture with Japan Airlines and Sumitomo could secure orders for 100 eVTOLs, boosting shares.
Renewable energy offers a cost and opportunity to insurance sector
Renewable energy insurance premiums have surged 20-40 per cent amid soaring claims from extreme weather, stressing insurers’ ESG roles.
