Key Points: Sigenergy Technology Co aims to raise HK$4.40 billion in its upcoming public stock offering. The company will price its 13.57 million global shares at exactly HK$324.20 per share. Investors can start trading the clean energy stock on April...
Key Points: US Trade Representative Jamieson Greer wants to maintain stable relations with China while ensuring access to vital rare earth minerals. The United States trade deficit with China dropped by $130 billion, representing a 30 percent decrease over the past year. American officials plan to establish a price floor with Mexico to stop China...
Key Points: President Xi Jinping urged the rapid construction of a new energy system to protect national security. China remains largely shielded from the ongoing 5-week Middle East war because oil from the Strait of Hormuz accounts for only 5.0% of its energy consumption. Coal still powers more than 50.0% of the country, acting as...
Key Points: Lucid Group delivered only 3,093 vehicles in the first quarter, falling far short of the 5,237 deliveries analysts expected. A supplier defect affecting second-row seats forced the company to halt deliveries of the Lucid Gravity SUV for 29 straight days. Chief Executive Officer Marc Winterhoff maintained the annual production forecast of 25,000 to...
Key Points: Iran allowed 3 Omani tankers, 1 French container ship, and 2 Japanese gas carriers to cross the Strait...
Key Points: The Trump administration ordered U.S. refiners to increase biofuel blending requirements for 2026 and 2027, sparking sharp pushback...
Key Points: Retail gas prices approaching $4 per gallon are prompting American shoppers to consider electric vehicles seriously. Shoppers' interest...
Key Points: Climate activist group Follow This and investors managing $1 trillion threaten to sue BP over a blocked shareholder...
Key Points: Syrah Resources and Tesla extended their deadline to resolve a contract dispute until June 1. This marks the...
Key Points: Elon Musk launched a new round of job cuts at his artificial intelligence startup. Co-founders Guodong Zhang and...
Key Points: Meta pushed the release of its "Avocado" AI model from this month to at least May. Internal testing...
Key Points: Analysts predict Tesla vehicle deliveries will drop for a third straight year. The automaker plans to spend over...
Key Points: Japanese payment app PayPay plans to price its shares at the lower end of its target range. The...
Key Points: European Union leaders will demand a full review of the carbon market by July 2026. The upcoming summit...
Key Points: Starting salaries for permanent jobs fell at the slowest rate since October. The monthly index for new permanent...
Key Points: Two major US inflation reports will be released this week. Core inflation likely rose by 0.2 percent in...
Key Points: Guangdong leaders pledged to integrate artificial intelligence across their massive economy. Officials want to build large computing clusters...
Key Points: Data center demand currently beats supply due to the artificial intelligence boom. Bernstein expects global data center demand...
Key Points: The European Union officially approved a binding goal to cut emissions by 90 percent by 2040. Member states...
Key Points: South Korean tech leaders worry the Iran conflict will hurt chip demand. A prolonged crisis could delay new...
Key Points: The Nuclear Regulatory Commission approved TerraPower's reactor construction permit. This marks the first new commercial nuclear reactor approved...
Key Points: Bank of America gave Tesla a Buy rating with a $460 price target. Analyst Alexander Perry says Tesla...
Key Points: President Trump will meet with major tech leaders to sign an energy pledge. The agreement asks tech companies...
Key Points: The European Union wants carmakers to use low-carbon steel to meet emission goals. Green steel uses renewable hydrogen,...
Key Points: China's top court made skipping mandatory social insurance payments illegal. The reform aims to build a safety net...
Key Points: Chinese companies face confusion over strict new rare earth export laws. Questions to the commerce ministry surged as...
Key Points: Southern Company received a historic $26.54 billion loan from the Energy Department. The funding will support grid upgrades...
Key Points: First Solar's stock dropped 14 percent after issuing a weak sales forecast. The company expects 2026 sales to...
Key Points: Google will build a data center on 480 acres in Pine Island, Minnesota. The company plans to add...
Key Points: The White House plans to use Pentagon AI to set mineral prices. The program aims to counter China's...
Key Points: Tesla sued California regulators to overturn a false advertising ruling. The state previously claimed Tesla misled buyers about...
Key Points: ASML developed a new way to increase chip output by 50%. The upgrade boosts the machine's light source...
Key Points: Sam Altman called rumors about ChatGPT's massive water use completely fake. He noted that modern data centers no...
Key Points: Ford is developing a $30,000 midsize electric pickup truck to boost EV sales. A special engineering team created...
Key Points: A federal judge in Miami rejected Tesla's attempt to overturn a massive jury verdict. The automaker must pay...
Key Points: Governor Hochul withdrew her proposal to allow commercial robotaxis. The plan lacked support from state lawmakers and stakeholders....
