Focus on Industry
US finalizes $9.63 billion loan for Ford, SK On joint battery venture
The U.S. Energy Department finalized a $9.63 billion loan for Ford and SK On to build three battery plants in Kentucky and Tennessee.
VW union calls for compromise in last-ditch talks before Christmas
Volkswagen's works council demands no plant closures as negotiations with management resume, amid threats of future strikes.
Premiers united in fight against threatened tariffs despite ‘chaos’ in Ottawa: Ford
Canada's premiers are meeting in Toronto to address Trump's proposed 25 per cent tariffs, focusing on trade, border security, and healthcare.
BP, ADNOC’s XRG agree Egypt gas JV Arcius Energy
The joint venture, Arcius Energy, is 51 per cent owned by BP and 49 per cent owned by XRG and will operate in...
South Africa’s smoggy Sasolburg illustrates conflict between economy and clean air
In Sasolburg, air pollution from coal refineries is harming children’s health, highlighting the struggle between industry and clean air.
Stellantis swiftly reshapes strategy under Elkann after Tavares exit
Steered by Chairman John Elkann, Stellantis is acting swiftly to repair relations with dealers, industry partners, governments and workers.
Marathon, Teamsters reach pay deal at Detroit refinery
Teamsters at Marathon Petroleum's Detroit refinery ratified a seven-year agreement, ending a three-month strike over pay and safety.
Italy ready to work with Stellantis if jobs and plants are preserved, Meloni says
The Italian government is willing to work with Stellantis NV on the carmaker's future strategy provided it keeps jobs and factories in the...
Judge clears way for Musk appeal to try to restore $56 billion Tesla pay
A Delaware judge has allowed Elon Musk and Tesla to appeal a ruling that invalidated Musk's $56 billion pay package, citing fiduciary breaches.
UK ministers to be given powers to bypass local opposition to onshore wind farms
Ed Miliband says he will be able to bypass local opposition to onshore wind farms as Energy Secretary under plans to decarbonize the...
