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FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectionsFuelLiquefied Natural GasNews

LNG exporter Venture Global cuts target valuation for US IPO to $65.3 billion

LNG exporter Venture Global has significantly reduced the valuation it was seeking for its U.S. initial public offering.

FILE PHOTO: Suntory Holdings CEO Takeshi Niinami who is also the Chairperson of Japan Association of Corporate Executives, also known as Keizai Doyukai in Japan, speaks during a Reuters Newsmaker event in Tokyo, Japan September 11, 2024.  REUTERS/Issei Kato/File Photo
ElectionsManufacturingNewsTrade

Japan firms must prepare for Trump tariff fallout, Suntory chief says in Davos

Japanese companies remain bullish about investing in the U.S. but need to prepare for supply chain shocks.

FILE PHOTO: A driver holds his hands just underneath the steering wheel during a live-demonstration of Aptiv's self-driving vehicle in Las Vegas, Nevada, U.S., January 7, 2018.  REUTERS/Alexandria Sage/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Aptiv to separate electrical distribution systems business

By Nathan Gomes (Reuters) -Aptiv said on Wednesday it would separate its electrical distribution systems (EDS) business into a new company, as it...

FILE PHOTO: A Chevrolet 2025 Equinox EV LT is displayed during media day at the 2025 Detroit Auto Show at Huntington Place in Detroit, Michigan, U.S. January 10, 2025. REUTERS/Rebecca Cook/File Photo
BusinessElectric Vehicles (EVs)NewsRegulations

GM recalls over 2,000 Chevrolet Equinox electric vehicles

(Reuters) -The National Highway Traffic Safety Administration said on Wednesday that General Motors is recalling about 2,890 Chevrolet Equinox EV vehicles due to...

FILE PHOTO: A flag of Volkswagen's truck unit Traton SE is pictured at Frankfurt Stock Exchange during Traton's initial public offering (IPO) in Frankfurt, Germany, June 28, 2019. REUTERS/Ralph Orlowski/File Photo
AutomotiveBusinessNewsTransport

VW plans to sell 15% of Traton shares in H1

Germany's Volkswagen plans to sell 15% of its shares in truck unit Traton in the first half of this year.

FILE PHOTO: The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren/File Photo
BusinessFuelNatural GasNewsOilPoliticsTrade

Citi raises average 2025 oil price forecasts, citing geopolitical risks

Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran.

FILE PHOTO: Joe Kaeser, then CEO of German industrial conglomerate Siemens, February 3, 2021. Matthias Schrader/Pool via REUTERS/File Photo
BusinessElectionsElectricityNatural GasNewsSolarWind

Siemens Energy sees ‘massive tailwind’ from US power drive

Shares in Siemens Energy rose nearly 10% to a record high on Wednesday.

FILE PHOTO: Volkswagen ID. Buzz electric vehicles are lined up at the company's plant in Hanover, Germany, December 17, 2024. REUTERS/Fabian Bimmer/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)Manufacturing

Analysis: Volkswagen seeks new era in Germany with old methods

Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation.

Lesotho King Letsie III says renewable energy could transform his country's economy (AFP)
BusinessClimate FinanceEconomyElectricityFuelHydropowerNewsSolarWind

Lesotho’s king pitches green energy to Davos elites

King Letsie III of Lesotho urges global leaders in Davos to invest in his nation's green transition.

A view inside the Pilot Co. company's headquarters in Knoxville, Tennessee, U.S., October 8, 2021. REUTERS/Harrison McClary/File Photo
BusinessNewsOil

Exclusive: Warren Buffett’s Pilot Co shuts oil trading business, sources say

By Shariq Khan and Georgina McCartney NEW YORK/HOUSTON (Reuters) – Warren Buffett’s Pilot Co is shuttering its international oil trading business, ending an...

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