United States

Spain’s Iberdrola to invest $47 bln in energy transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next…

3 years ago

Chipmaker TSMC plans Arizona factory expansion

TSMC, the world's largest contract chipmaker and a major supplier to Apple Inc, said on Wednesday it was constructing a…

3 years ago

UAE says OPEC+ output cut was correct decision, no politics behind it

The United Arab Emirates believes that OPEC+ made the correct technical choice when it agreed to cut production and the…

3 years ago

Exclusive: Toshiba’s preferred bidder offers price short of key 6,000 yen a share, sources say

The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen…

3 years ago

India pushes oil refiners to diversify after surprise OPEC+ cuts

India said it will speed up its diversification of oil imports to hedge against any surprise output cuts by the…

3 years ago

OPEC+ oil supply cuts could tip world into recession, IEA says

A decision by the OPEC+ oil producer group last week to rein in output has driven up prices and could…

3 years ago

Analysis: China faces its “Sputnik” moment as US export curbs deal a blow to its chip ambitions

U.S. export restrictions on chip equipment to China are likely to lead to its "Sputnik" moment, prompting Chinese chipmakers to…

3 years ago

Exclusive: Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.

The Biden administration plans to spare SK Hynix and Samsung from the brunt of new restrictions on memory chipmakers in China aimed…

3 years ago

Analysis: As British lender HSBC considers Canada unit sale, antitrust issues loom

As British lender HSBC Plc explores a potential sale of its Canadian unit, lawyers and analysts say the country's concentrated…

3 years ago

Exclusive: GE lays off workers at onshore wind unit as part of turnaround strategy

General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and…

3 years ago