Focus on Industry
EV startup Canoo files for bankruptcy, to cease operations
The EV startup has been facing rapid cash burn and a struggle to secure funding amid uncertain demand.
Chipmaker NXP gets 1 billion euro loan from EIB for European projects
NXP secures €1B EIB loan for R&D in five EU countries, focusing on semiconductors, energy efficiency, and critical technologies.
GM signs supply deal with Vianode for synthetic graphite for EV batteries
The deal will run from 2027 when Vianode launches production at a plant in North America, through to 2033.
US aluminium premium shows market sanguine over threat of Trump tariffs on Canada
Despite Trump's tariff threats on Canadian aluminium, U.S. prices show only a modest rise, reflecting market skepticism.
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel, CNBC reports
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, CNBC reported on Monday, citing sources.
Japan PM asks Biden to allay concerns over Nippon Steel-US Steel deal
Japan PM urges Biden to ease business worries over Nippon Steel's U.S. Steel bid amid continued maritime and economic security talks.
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
Biden delays enforcing Nippon Steel’s $14.9B U.S. Steel sale block, pending courts review legal challenge over national security.
TSMC begins producing 4-nanometer chips in Arizona, Raimondo says
TSMC begins producing advanced 4nm chips in Arizona for US customers, marking a historic semiconductor milestone.
How to improve climate predictions? McGill researchers turn to 19th century letters
McGill researchers use 19th-century records to improve African climate models and refine global warming projections.
Lamborghini sets new sales record amidst hybrid push
Lamborghini sets 2024 sales record, up six per cent, driven by hybrids like Revuelto and demand across key global markets.
