Focus on Trade
Billionaire Gautam Adani of India’s Adani Group indicted in US bribery case
Adani Group's Gautam Adani indicted in U.S. for $250M bribery scheme tied to $2B solar profits, deceiving investors, say prosecutors.
STMicro partners with Hua Hong as chipmakers need China, says CEO
STMicroelectronics partners with China's Hua Hong, citing local production as key to competing in the fast-evolving Chinese EV market.
Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll
U.S. tariffs on China could hit 40 per cent in 2025, cutting up to one per cent off China's growth amid debt risks...
As COP29 eyes $1 trillion climate fund, some see new taxes as one way to get there
COP29 leaders eye $1T+ yearly for climate aid, exploring taxes on shipping, aviation, fossil fuels, crypto, and wealth to fund efforts.
Sweden has no plans to take stake in Northvolt, deputy PM says
Sweden won't invest in cash-strapped Northvolt, says Minister Ebba Busch, despite its strategic value in the EU's industrial competition.
Thyssenkrupp takes $1 billion hit on steel unit as outlook darkens
Thyssenkrupp takes one billion euros steel writedown, shares jump 10 per cent as analysts eye cash flow gains and a potential stake sale.
What to know about Chris Wright, Trump’s choice to run the Energy Department
Trump’s Energy Secretary pick, Liberty Energy CEO Chris Wright, backs fossil fuels, fracking, and plans to reverse Biden’s climate policies.
Nippon Steel not to import from overseas mills in bid to save U.S. Steel deal
Nippon is looking to close its $14.9 billion deal for U.S. Steel by the end of the year before President-elect Trump enters the...
Stellantis CEO says will adapt to U.S. market under Trump
Stellantis CEO Tavares says firm will adapt to potential Trump policy shifts, offering U.S. models in electric, hybrid, and gas options.
Xiaomi CEO: SU7 deliveries surpass 100,000, aiming for 130,000 by year end
Xiaomi targets 130,000 of its EV series SU7 units by the end of the year, which is 10,000 more than its earlier goal.
