USA
Icahn plans raising stake in oil refiner CVR, WSJ reports
Icahn Enterprises LP (IEP) plans to raise its stake in U.S. oil refiner CVR Energy by more than 20 per cent, the WSJ...
What Trump can do to reverse US climate policy — and what he probably can’t change
Despite Trump's criticism of wind and solar power, investments in renewable energy will likely increase because of market dynamics.
US judge narrows investor lawsuit against Rio Tinto over Mongolian mine
A U.S. judge dismissed some claims in a lawsuit accusing Rio Tinto and ex-CEO Jacques of defrauding investors over Oyu Tolgoi mine delays.
LG Energy Solution signs 5-year battery supply deal with Rivian
LG Energy Solution’s Arizona unit has signed a five-year, 67 GWh battery supply deal with Rivian, powering its R2 EVs.
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.
California agency boosts reporting requirements for autonomous vehicle incidents
California now mandates enhanced reporting from autonomous vehicle companies, including incidents of vehicles getting stuck.
Washington seals $475 million loan for battery recycler Li-Cycle ahead of Trump’s arrival
The U.S. Energy Dept. approved a $475M loan to Li-Cycle for a NY battery plant, key to Biden’s domestic EV supply chain goals.
Lucid beats revenue estimates, reaffirms annual production
The company reported third-quarter revenue of $200 million, narrowly beating estimates of $198 million, according to data compiled by LSEG.
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.
GM ending production of Cadillac XT4 SUV as it shifts to EVs
GM to end gas-powered Cadillac XT4 production in January, shifting Kansas plant focus to next-gen Chevy Bolt EVs.
