Focus on Industry
China Evergrande’s EV unit to cease discussions for stake sale
China Evergrande NEV’s potential sellers end stake sale talks; liquidators continue seeking buyers amid rising losses.
Mercedes car earnings plunge as China shuns luxury
Mercedes-Benz's Q3 earnings in the car division fell 64%, missing estimates, due to a weak Chinese market and model revamp costs.
Sanctions delay to Russian zinc mine causes supply miscalculation, sources say
Sanctions hinder Russia's Ozernoye from ramping up zinc output, risking 2025 supply forecasts amid soaring zinc prices.
VW’s Scout Motors unit will offer EV SUVs, trucks with gas engine option
Volkswagen's Scout Motors unveiled electric SUV and truck concepts with up to 500-mile range, adding gas engines for extended range.
Environmentalists sue New York, New Jersey and Delaware over endangered sturgeon
Lawsuits accuse NY, NJ, and Delaware of violating the Endangered Species Act by allowing Atlantic sturgeon to be killed as bycatch.
Exxon Mobil, Qatar get three-year extension to build Texas LNG plant
Exxon Mobil and Qatar Energy's Golden Pass LNG project gets a 3-year extension after lead contractor Zachry Holdings' bankruptcy.
German air-taxi maker Lilium’s units to file for insolvency, shares plunge
Lilium's German subsidiaries filed for insolvency amid a cash crunch, sending shares down 57 per cent.
The EPA imposes stricter standards to protect children from exposure to lead paint
EPA sets strict new limits on lead dust in older homes and child-care facilities to protect children from toxic exposure.
Thaw in China ties unlikely to deter India’s plans for steel tariffs, source says
China's surging steel exports spark complaints from a growing number of countries, with some citing harm to domestic manufacturers.
Tesla promises paid robotaxis next year, but significant hurdles remain
Tesla CEO Elon Musk says driverless ride-hailing will launch in California and Texas next year, facing significant regulatory hurdles.
