Thursday, 24 April 2025

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Embattled US Steel has argued that it needs the Nippon deal to ensure sufficient investment in its Mon Valley plants in Pennsylvania (AFP)
BusinessEconomyIndustryManufacturingNewsPoliticsRegulations

Trump says will ‘block’ Nippon Steel from taking over US Steel

Trump vows to block Nippon Steel's $14.9B US Steel takeover, citing protectionism, as Biden review nears conclusion.

FILE PHOTO: A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo
AnalysisBusinessEconomyLegislationPoliticsRegulationsSemiconductorStorageTrade

What the U.S. chip crackdown on China means: Key industries and technologies affected

U.S. targets China’s chip ambitions with new export curbs, affecting 140 firms, advanced tools, software, and memory tech.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
BusinessElectric Vehicles (EVs)News

GM to sell its stake in Michigan battery plant to LG Energy Solution

GM to sell Lansing battery plant stake to LG, trims EV plans amid slow market growth and shifts in production strategy.

FILE PHOTO: A view of Duke Energy’s Marshall Power Plant in Sherrills Ford, North Carolina, U.S. November 29, 2018.  REUTERS/Chris Keane/File Photo
BusinessCoalEconomyElectricityEmissionsEnvironmentLegislationNatural GasNewsPoliticsRegulationsSolarUtilitiesWind

Duke pauses assessment of US energy loan program ahead of Trump administration

Duke Energy pauses U.S. infrastructure loan assessment, citing uncertainty over the future of IRA funding under Trump administration.

US National Security Advisor Jake Sullivan said the curbs were taken to prevent adversaries from using American technology in ways that threaten national security (AFP)
BusinessEconomyIndustryNewsPoliticsRegulationsSemiconductorSolarStorageTrade

US unveils fresh export curbs targeting China’s chip sector

The U.S. tightens export controls on AI chips and semiconductor tools to curb China’s tech advances in military and AI.

A person walks outside the headquarters of lidar sensor maker Hesai Group in Shanghai, China November 26, 2024. REUTERS/Zoey Zhang/Files
AnalysisBusinessEconomyElectric Vehicles (EVs)IndustryPoliticsReportsSemiconductorTrade

Chinese lidar sensors pose hacking risk to US defence equipment, report says

A report warns Chinese-made lidar in U.S. defence gear risks hacking, urging bans and allied efforts to build secure supply chains.

FILE PHOTO: A view shows the logo of Stellantis at the entrance of the company's factory in Hordain, France, July 7, 2021. REUTERS/Pascal Rossignol/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryNewsRegulationsSemiconductor

US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture

The U.S. Energy Department plans a $7.54 billion loan to Stellantis and Samsung SDI for two EV battery plants in Indiana.

The logo of Amazon is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes/File Photo
BusinessCarbon ManagementEmissionsEnvironmentManufacturingNewsRegulations

Amazon to pilot AI-designed material for carbon removal

Amazon will pilot AI-designed carbon-removal materials in data centers by 2025, tackling emissions from growing AI demands.

FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump looks on during a press conference at Trump Tower in New York City, U.S., September 6, 2024. REUTERS/David Dee Delgado/File Photo
AnalysisBusinessEconomyOilPoliticsRegulationsTrade

Trump’s low oil price promise is a risk and a boon for emerging markets

Trump’s pledge to halve energy costs sparks hope for oil importers but threatens fiscal turmoil for producers reliant on exports.

The Tesla Cybercab is displayed at a Tesla store in Berlin, Germany, November 20, 2024. REUTERS/Liesa Johannssen
AutomotiveBusinessElectionsElectric Vehicles (EVs)News

Tesla leads November’s global market value surge

Tesla's value rose 38.1% to $1.1T on reports of Trump's transition team plans to ease self-driving car rules.

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