Business

Toyota files to build $2 billion assembly line in Texas

Thursday, May 14 by SRN News

May 14 (Reuters) - Toyota Motor has sought approval to build a new vehicle assembly line at its existing manufacturing complex in Texas with about $2 billion in planned investment, according to a filing. • Construction at the proposed project in San Antonio, named "Project... Read More.

China still drags its feet on rare earths sometimes, says Greer

Thursday, May 14 by SRN News

By Lewis Jackson and Liz Lee BEIJING, May 15 (Reuters) - Rare earth exports from China to the United States are improving although Beijing is still slow to approve some shipments, U.S. Trade Representative Jamieson Greer said on Thursday. China still drags its feet with some... Read More.

Alphabet sells yen bonds worth $3.6 billion, largest such issue by foreign company

Thursday, May 14 by SRN News

TOKYO, May 15 (Reuters) - Alphabet has sold 576.5 billion yen ($3.6 billion) in yen-denominated bonds, a term sheet showed on Friday, the largest-ever issue by a foreign company. It is the first yen-denominated debt issue for Alphabet, which like other tech giants is in... Read More.

Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia

Thursday, May 14 by SRN News

BENGALURU, India (AP) - Taxi driver Ravi Ranjan, who lives with his wife and child in New Delhi said shipping disruptions caused by the Iran war have forced him to pay higher prices for cooking fuel at a time when India's prime minister is... Read More.

Australian judge criticises Tesla for ‘gobsmacking’ slow progress in class action lawsuit

Thursday, May 14 by SRN News

By Byron Kaye SYDNEY, May 15 (Reuters) - A judge hearing an Australian class action lawsuit against Tesla on Friday questioned whether the Elon Musk-led automaker was taking the discovery process seriously and warned it could expect "a really bad time" if it failed to... Read More.

GE Aerospace CEO Larry Culp visits China’s state planner headquarters

Thursday, May 14 by SRN News

By Ju-min Park BEIJING, May 15 (Reuters) - GE Aerospace CEO Larry Culp was seen on Friday in Beijing leaving a meeting at the headquarters of China's powerful state planner, the National Development and Reform Commission, according to a Reuters witness. Culp's visit to the NDRC... Read More.

Volkswagen labour leaders stand by ‘red line’ on plant closures

Thursday, May 14 by SRN News

By Christina Amann and Rachel More BERLIN, May 15 (Reuters) - Top labour representatives at Volkswagen said they would not allow plants to be closed, while remaining open to proposals to secure the future of under-used production sites in Germany, according to a joint statement... Read More.

The Latest: Trump wraps up China visit and holds private meeting with Chinese leader Xi Jinping

Thursday, May 14 by SRN News

U.S. President Donald Trump wraps up his visit to Beijing on Friday with a private meeting at Chinese leader Xi Jinping's official residence before he departs for Washington. During a series of meetings and events on Thursday the two discussed divisive issues such as the... Read More.

Canada aims to double its electric grid by 2050 with clean energy and lower costs for users

Thursday, May 14 by SRN News

Canadian Prime Minister Mark Carney unveiled a clean electricity strategy Thursday he says will help double Canada's electricity grid by 2050 and lower energy costs for the majority of Canadian households. Canada is facing major challenges, including tariffs imposed by the United States, higher energy... Read More.

Exxon Mobil not liable to investors over Canadian oil sands, gas assets, jury says

Thursday, May 14 by SRN News

May 14 (Reuters) - A Texas jury on Wednesday found Exxon Mobil not liable on claims it defrauded investors through disclosures tied to its Canadian oil sands and Rocky Mountain gas operations. • The 2016 lawsuit alleged Exxon concealed that its Canadian bitumen operations were... Read More.

Current Weather

Toyota files to build $2 billion assembly line in Texas

China still drags its feet on rare earths sometimes, says Greer

Alphabet sells yen bonds worth $3.6 billion, largest such issue by foreign company

Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia

Australian judge criticises Tesla for ‘gobsmacking’ slow progress in class action lawsuit

GE Aerospace CEO Larry Culp visits China’s state planner headquarters

Volkswagen labour leaders stand by ‘red line’ on plant closures

The Latest: Trump wraps up China visit and holds private meeting with Chinese leader Xi Jinping

Canada aims to double its electric grid by 2050 with clean energy and lower costs for users

Exxon Mobil not liable to investors over Canadian oil sands, gas assets, jury says

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