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Reuters exclusively reported that Canadian pipeline operator Pembina Pipeline Corp is asking backers of two competing proposals for carbon capture hubs in the oil-producing province of Alberta to combine efforts with its own plan. The company’s CEO told Reuters in an interview that Pembina has spoken with both groups about joining together, and talks remain […]

Reuters revealed that Acacia Research Corp had made a $790 million all-cash offer to acquire the provider of wireless communication systems for police and other emergency services. The post Reuters reveals Acacia Research seeks to buy Comtech Telecommunications appeared first on Reuters News Agency.

Reuters detailed how Asia is building nearly 200 coal-fired power stations even as world leaders meet for climate talks in Glasgow hoping to sound a death knell for coal as a source of power. Many industrialized countries have been shutting down coal plants for years to reduce emissions. The United States alone has retired 301 plants since […]

Reuters broke the news that a long-standing conflict between Volkswagen’s CEO and powerful labor representatives has reached a new climax. Reuters sources revealed that the supervisory board’s mediation committee would meet to discuss the future of CEO Herbert Diess as a result of a tussle over jobs and leadership style, laying bare the fragile balance […]

Reuters has dominated coverage this year of Tesla’s launch plans in India — especially the automaker’s lobbying efforts for lower import tariff on electric cars. Reuters reporting in recent weeks triggered a rare public debate among the country’s automakers and government officials over a long-standing controversial issue on lowering the barrier for luxury car imports. […]

Reuters exclusively reported that Energias de Portugal is in advanced talks to buy a majority stake in Sunseap Group, in a deal that will value the Southeast Asian renewables company at around S$1 billion ($742 million) and involve substantial investments in the business. EDP Renovaveis (EDPR), 75% owned by EDP, Portugal’s biggest utility, is in late-stage […]

Reuters was first to report that Apple Inc’s talks with China’s CATL and BYD over battery supplies for its planned electric vehicle have mostly stalled after they refused to set up teams and build U.S. plants that would solely cater to the tech giant. Chinese battery makers are more advanced than rivals in the development […]

Reuters exclusively reported that Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company. The plants would be part of a drive by the U.S. group to […]

Reuters exclusively reported that U.S. antitrust regulators have extended the approval process for at least five oil and gas mergers and acquisitions in the last three months, as President Joe Biden’s administration scrutinizes deals in a bid to tackle soaring energy prices. The slowdown comes amid growing pressure on policymakers to respond to consumer angst […]

Reuters was first to report that Indian Prime Minister Narendra Modi will attend the U.N. climate summit in Glasgow in a boost for efforts to agree to steeper emissions cuts in the fight on global warming. India is the world’s third-biggest emitter of greenhouse gases after China and Modi’s participation in the COP26 event, set […]