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Business News Oil

Shell earns $1 billion a year from US crude trading, court filing shows

In Texas court case brought by former employee, Shell earnings revealed for annual crude training in the United States.

By Arathy Somasekhar and Ron Bousso29 Apr 2024Reuters

hildren fleeing floodwaters that wreaked havoc at Mororo, border of Tana River and Garissa counties, North Eastern Kenya, Sunday, April 28, 2024. The East African country has seen weeks of heavy rains and severe flooding in Kenya’s capital, Nairobi, as well as in the country's western and central regions. (AP Photo/Andrew Kasuku)

News Weather

Kenya postpones reopening of schools as flood deaths near 100

Ninety-three people have died in the flooding in Kenya and that number is expected to rise after a boat capsized.

By Evelyne Musambi28 Apr 2024The Associated Press

A student answers his learning module following the suspension of in-person classes, inside his house in Manila, Philippines, April 26, 2024. REUTERS/Lisa Marie David

Climate News Weather

Philippines’ ‘dangerous’ heat hits schools amid power crunch fear

Energy reserves thinning after 13 power plants shut down as Philippines heatwave intensifies.

By Neil Jerome Morales28 Apr 2024Reuters

FILE PHOTO: A truck transports new Tesla cars at its factory in Shanghai, China, May 13, 2021. REUTERS/Aly Song/File Photo

Automotive Electric Vehicles (EVs)News

Baidu, Tesla agree on mapping deal for FSD in China, sources say

Tesla FSD a step closer in China after domestic internet search giant reaches agreement on mapping data.

By Reuters28 Apr 2024Reuters

Robin Zeng, chairman of Chinese battery giant CATL, walks at a hotel where Tesla CEO Elon Musk is staying, in Beijing, China, April 29, 2024. REUTERS/Florence Lo

Business Electric Vehicles (EVs)News

CATL boss visits Elon Musk’s Beijing hotel on Tesla CEO’s trip

Elon Musk China trip sees battery maker chairman visit hotel amid talks on autonomous driving.

By Florence Lo and Daniel Leussink28 Apr 2024Reuters

A new report by a global climate institute shows the G7 is falling far short of its targets. (AFP)

Climate Emissions News Politics

G7 holds ‘strategic’ talks in climate hotspot Italy

G7 Turin summit should show concrete progress on COP28 agreements, says Italian minister.

By AFP28 Apr 2024Agence France-Presse

Business Electric Vehicles (EVs)News

SK Innovation expects solid Q2 refining margins and battery boost

SK Innovation profits up as EV battery division on target to break even despite wider losses and and market uncertainties.

By Heekyong Yang and Joyce Lee28 Apr 2024Reuters

The trading floor of Norges Bank Investment Management, the Nordic countryÕs sovereign wealth fund in Oslo, Norway, June 2, 2017. REUTERS/Ints Kalnins/File Photo

Norway wealth fund falls short on climate ambitions, NGO says

'Misalignment' reported between Norway wealth fund's push for net zero and actual voting record at oil major AGMs.

By Reuters28 Apr 2024Reuters

The mercurial magnate is a controversial figure in the West, but in China Tesla's electric vehicles have become a staple of middle-class urban life (AFP)

Automotive Business Electric Vehicles (EVs)News Transport

Tesla CEO Elon Musk in China for talks

Tesla CEO Elon Musk was in China for talks on Sunday, making his second trip in less than a year to the world's...

By AFP28 Apr 2024Agence France-Presse

A staff member looks at Tesla's new Model 3 sedan displayed next to Model X SUV at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo/File Photo

Automotive Business Electric Vehicles (EVs)News Transport

Elon Musk heading to China for visit to Tesla’s second-biggest market, sources say

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By Reuters28 Apr 2024Reuters