Focus on Industry
Equinor buys 9.8% stake in wind developer Ørsted
The investment makes Equinor the second largest shareholder in Ørsted after the Danish government.
Samsung Electronics says it is not interested in spinning off foundry business
Samsung Electronics has no plans to spin off its contract chip manufacturing or logic chip design businesses, despite significant losses.
Germany’s Thyssenkrupp reviews plans for green steel production
Thyssenkrupp rethinks its green steel plans, citing potential changes to its hydrogen-based decarbonization project.
Trump threatens a 200% tariff on vehicles imported from Mexico
Trump made his remarks on tariffs as he pledged to bolster the U.S. auto industry. Experts have said his plans could increase vehicle...
Solar power companies are growing fast in Africa, where 600 million still lack electricity
Solar companies in Central and West Africa, like Easy Solar, are rapidly expanding, bringing affordable electricity to off-grid homes.
US court to review civil rights lawsuit alleging environmental racism in a Louisiana parish
A parish is being sued for environmental racism as residents allege the promotion of polluting industries in their communities.
US trade chief defends tariff hikes when paired with investment
US Trade Rep Katherine Tai defends tariffs on China, calling them a “constructive” tool to boost US industry ahead of elections.
Stellantis sues UAW in US federal court over strike threats
Automaker Stellantis has filed a lawsuit against the United Auto Workers in federal court in California, claiming the union's actions around possible strikes...
Coeur Mining signs all-stock deal to buy SilverCrest Metals valued at US$1.7B
Coeur Mining Inc. will acquire SilverCrest Metals Inc. in a US$1.7B deal, giving SilverCrest shareholders a 22 per cent premium at US$11.34/share.
As EU targets Chinese cars, European rivals sputter
EU targets Chinese EVs with new tariffs to shield European automakers.
