Focus on Industry
Biden preparing to block Nippon’s US Steel takeover: report
U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, the Washington Post reported on Wednesday, citing three unnamed...
Daimler Truck appoints board member Karin Radstrom as new CEO
Germany's Daimler Truck Holding AG said on Wednesday it had appointed Karin Radstrom as its new CEO, effective Oct. 1.
Trafigura extends notice period in traders contracts to 6-month minimum: sources
Trafigura has extended traders' notice period to six months to a year amid rival interest in metals trading.
US Steel warns plants could close without Nippon sale
U.S. Steel warns of potential Pennsylvania closures if Nippon Steel takeover is blocked; both parties oppose the sale.
Chinese electric carmaker BYD denies pause on Mexico plant plans
BYD denied a Bloomberg report claiming it delayed plans for a Mexico factory, stating no decision has been postponed.
Stellantis names new head of Jeep North America, makes other executive changes
Stellantis names Bob Broderdorf as head of Jeep North America, overseeing strategy and marketing for the brand’s electrified future.
Tesla plans six-seat Model Y, production slated for 2025 in China, sources say
Tesla has asked suppliers to prepare accordingly for a double-digit increase of Model Y output at its Shanghai factory, said one of the...
Harris and Trump offer starkly different visions on climate and energy
"The freedom to breathe" versus "drill, baby, drill" — presidential contenders Harris and Trump's division over climate change is wider than ever.
Teck Resources announces new business structure after exiting coal
The company says it now has two regional business units, one for North America and one for Latin America.
Senators want Biden to lower South Korean import quota for piping products
Three U.S. senators urged the Biden administration to lower import quotas on South Korean drilling pipes, citing job losses.
