LG Energy signs $4.3B battery supply deal
South Korea’s LG Energy Solution has entered into a $4.3 billion battery supply agreement with an undisclosed customer, as per a regulatory filing submitted on Wednesday. The contract, which became…
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Interview: SAEL CEO Laxit Awla on closing India’s solar storage gaps and navigating US tariffs
India has set an ambitious target of achieving 500 GW of non-fossil fuel capacity by 2030, including 280 GW from solar energy, as part of its commitment under the Paris…
Consumer spending in the US is slowing – Is the economy in trouble?
For two years, the American consumer has carried the economy. Even with interest rates at their highest level in two decades, spending kept climbing, job losses never came, and talk…
Adidas shares slump after sales miss, tariff warning and guidance confirmation
Adidas shares tumbled on Wednesday after the German sportswear giant reported second-quarter sales below expectations and warned that new US tariffs would significantly raise costs in the second half of…
Tata Motors’ $4.5B Iveco bid sends shares sliding: here’s why investors are wary
Tata Motors took a hit on Wednesday, with shares falling more than 4% after reports surfaced about a possible $4.5 billion bid for Italian truckmaker Iveco.The story, first picked up…
William Blair is all praise for Tesla-Samsung partnership but remains dovish on TSLA shares
William Blair analyst Jed Dorsheimer was all praise for Tesla Inc (NASDAQ: TSLA) $16.5 billion chip supply agreement with Samsung Electronics in an interview with CNBC today, but he won’t…
Glencore share price on edge as coal, copper diverge before earnings
Glencore share price pulled back slightly as investors waited for its financial results. It dropped to a low of 315p on Monday, down from this month’s high of 327p. It…
US needs ‘more negotiations’ with India on trade ahead of Aug 1 tariff deadline, Greer says
The United States’ top trade official has indicated that “more negotiations” will be necessary to secure a trade deal with India, a sobering assessment that comes just days before a…
Floating LNG terminals overcome hurdles, set for nearly fourfold expansion by 2035
Floating liquefied natural gas (FLNG) terminals are increasingly impacting the global LNG market, with Rystad Energy forecasting a threefold increase in capacity by 2030. Despite past technical and operational hurdles, FLNG…
AstraZeneca share price forecast after earnings
AstraZeneca share price held steady this week after the company published strong financial results on Tuesday. AZN stock was trading at 10,790p, a range it has remained in the past…