Focus on Economy
US LNG developers see Trump win lifting pall over expansions
U.S. LNG developers expect Trump's win to fast-track export permits, easing Biden-era DOE reviews focused on climate impacts.
Rivian’s quarterly revenue slumps for first time since IPO
Rivian posted its first drop in quarterly revenue on Thursday since the electric vehicle maker went public three years ago.
UK consumer watchdog urges government to tackle barriers to heat pumps and EVs
The consumer watchdog’s annual survey, now in its third year, tracks shoppers’ attitudes towards sustainability.
Bentley to launch SUV EV in 2026, extend sales of plug-in hybrids to 2035
Bentley delays full EV shift to 2035, launching its first electric SUV in 2026 with plans for hybrids till 2035, citing demand.
Mexican economy chief says wants to sound out Musk on Tesla plant plans
Mexico's Economy Minister Marcelo Ebrard seeks talks with Elon Musk to revive Tesla's plans for a gigafactory in Nuevo Leon.
Explainer: China-U.S. talks on critical issues under threat as new Trump era looms
Beijing is already irked by U.S. "green trade barriers" on electric vehicles, batteries and solar panels.
Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink
Shares of the company, which counts General Motors and Mercedes-Benz among its customers, fell 15 per cent in extended trading.
Marathon Oil beats Q3 profit estimates on higher production
U.S. shale producer Marathon Oil beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher production and resilient demand for oil.
Albemarle loses more than $1 billion in Q3 on falling lithium prices
The company reported a net loss of $1.11 billion, compared to a net profit of $302.5 million, in the year-ago quarter.
Alberta asks municipalities to name oil companies not paying taxes
Rural Municipalities of Alberta estimates oil and gas companies owe more than $250 million in overdue property taxes to rural communities across the...
