Wednesday, 12 February 2025

Focus on Business

FILE PHOTO: The logo of Korea Zinc is pictured during a press conference in Seoul, South Korea, October 22, 2024.  REUTERS/Kim Hong-Ji/File Photo
BusinessCritical MineralsMineralsMiningNews

Korea Zinc shares plunge for second day ahead of watchdog briefing

Shares in Korea Zinc dropped 23.2 per cent on Thursday, following a dismal Wednesday in which they dropped 29.9 per cent.

FILE - A JetBlue Airbus flies over a pair of Southwest Airlines' jets from Bob Hope Airport in Burbank, Calif., bound for New York's JFK airport, July 19, 2005. California will partner with a trade group representing major U.S. airlines to increase the availability of sustainable aviation fuels, state officials said Wednesday. (AP Photo/Reed Saxon, File)
AviationBusinessFuelNewsSustainable Aviation FuelTransport

California announces sustainable fuels partnership to curb emissions from planes

California already produces about 11 million gallons annually of sustainable aviation fuel — this new plan would increase that to 200 million by...

Trainees Dan Brook and Bradley Williams are directed by instructor Clint Dyck while training to lay down drill pipe on a rig floor, at Precision Drilling in Nisku, Alta., Jan. 20, 2016. THE CANADIAN PRESS/Jason Frans
BusinessInfrastructureLiquefied Natural GasNewsOilTrade

Precision Drilling expects rig demand growth with LNG Canada startup

Precision Drilling sees record demand from Trans Mountain boost, eyes LNG Canada startup to further lift Canadian drilling.

FILE PHOTO: The logo of Anglo American is seen on a jacket of an employee at the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019 Picture Taken March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
BusinessCritical MineralsMiningNews

BHP leaves a new offer for British copper miner Anglo on the table

BHP says chairman's comments don’t rule out new Anglo American bid despite “moving on” to other growth opportunities.

News ReleaseContracts for DifferenceElectricityOffshore WindSolarWind

Brookfield Acquires Share of Four UK Offshore Wind Farms from Ørsted

Two leading renewable energy players partner on operational U.K. offshore wind farms. Brookfield to acquire a 12.45% stake in 3.5 GW offshore wind portfolio...

Stakeholders attend the second round of collective bargaining negotiations between Volkswagen and the IG Metall union including Arne Meiswinkel, board member for human resources of Volkswagen Passenger Cars, Daniela Cavallo, chairwoman of the general and group works council of Volkswagen AG and Thorsten Groeger, Lower Saxony district manager of IG Metall and negotiator, in Wolfsburg, Germany October 30, 2024. REUTERS/Axel Schmidt
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceLabourManufacturingNews

Volkswagen calls for 10% pay cuts

Volkswagen wants its workforce to take pay cuts of 10 per cent in order to remain competitive and safeguard jobs.

FILE - Heavy machinery is used to cut trees to widen an existing Central Maine Power power line corridor to make way for new utility poles, April 26, 2021, near Bingham, Maine. (AP Photo/Robert F. Bukaty, File)
BusinessElectricityHydropowerInfrastructureNewsRegulationsTransmissionUtilities

Massachusetts ratepayers to pay extra $512M for transmission line for Canadian hydropower

Massachusetts ratepayers to cover $512 million in added costs for Maine-Canada power line, expected to save $3.4 billion over 20 years.

FILE PHOTO: A new Renault Twingo electric car is unveiled during Renault Group capital market day for its new electric vehicle unit Ampere, in Paris, France, November 15, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNews

Nissan may partner with Renault on new small EV for Europe

Renault, Nissan discuss a joint EV version of Renault’s Twingo to debut in 2026 under 20,000 euros, aiming to compete with Chinese EVs.

An image featuring the BYD logo with silhouettes of people in the background.
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTrade

Chinese EV giant BYD beats Tesla in quarterly revenue for first time

China's BYD reported surging sales, surpassing Tesla in quarterly revenue for the first time as it expands into overseas markets.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
BusinessElectionsLiquefied Natural GasNewsPoliticsTrade

US LNG export gains at risk if Trump wins election and boosts tariffs, analysts say

Analysts warn that if Trump wins, US LNG exporters may face new challenges from a proposed 60% tariff on Chinese imports.

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