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Bunge Profit Tops Estimates on Strong Processing Margins, Viterra Boost
Bunge Global reported stronger-than-expected third-quarter adjusted profit on Wednesday, supported by higher oilseed processing margins and the completion of it
New Energy Vehicles
EV Maker Lucid Cuts 2025 Production Forecast as Supply Challenges Hurt
Lucid Group lowered its 2025 vehicle production forecast to 18,000 units, interim CEO Marc Winterhoff said on Wednesday, as the U.S.-based electric vehicle manu
Information and Communication
Amazon’s $38 Billion OpenAI Deal Shows It Is No Longer an AI Laggard
Amazon’s $38 billion cloud agreement with OpenAI marks a major milestone for the company’s cloud computing division, Amazon Web Services (AWS), following rece
Mining and Metailurgy
California Lithium Company Eyes 2026 IPO to Attract US Government Investment
Controlled Thermal Resources (CTR), a California-based lithium and geothermal energy company, announced plans to launch an initial public offering (IPO) by July
Solar
First Solar Plans Fifth US Factory With 3.7 GW Capacity Addition
First Solar announced in its third-quarter 2025 earnings report that it will open a new 3.7 GW annual-capacity solar module finishing line in the United States
Thermal Power
Fermi America Leases GE Turbines for Texas HyperGrid Project
Fermi America has signed a long-term capital lease agreement with Mobile Power Solutions (MPS) for seven GE TM2500 gas turbines, providing a total of 157.5MW of
Agricultural engineering
Honeywell Helps Transform Power Plant Into Fertilizer Facility
Honeywell announced that its advanced carbon capture technology will be deployed by Wabash Valley Resources, LLC (WVR) in a major new project to produce hydroge
Construction and materials
Simon Property Group Raises Annual Real Estate Ffo Forecast on Resilient Leasing Demand
Commercial real estate investment trust Simon Property Group raised its full-year forecast for real estate funds from operations (FFO) on Monday, citing continu
New Energy Vehicles
Samsung SDI in Talks With Tesla to Supply Energy Storage Batteries, Shares Soar
South Korea’s Samsung SDI announced on Tuesday that it is in discussions with Tesla to supply energy storage batteries, in a deal estimated by local media
Information and Communication
SLB Launches New AI Product as It Focuses on Digital Sales Growth
Energy technology company SLB (SLB.N) announced on Monday the launch of a new artificial intelligence tool called Tela, designed to automate processes and workf
Oil & Gas
Exxon Explores More Refinery Upgrades as It Hones in on Higher-Value Products
Exxon Mobil (XOM.N) is exploring further opportunities to upgrade its refining and chemical operations after launching four new projects this year, an executive
Wind Power
Shell Formally Ends Atlantic Shores Involvement
Shell has officially exited the US offshore wind sector by ending its involvement in Atlantic Offshore Wind. The company announced that it has transferred its 5
Chemical industry
Plug Power Partners With Edgewood Renewables to Build Renewable Fuels Facility in Nevada
Plug Power Inc., based in Latham, New York, has announced a strategic partnership with Edgewood Renewables to advance the development and construction of an adv
Transportation
US Defense Company Anduril Flies Its Uncrewed Jet Drone for First Time
Anduril Industries and the U.S. Air Force announced on Friday that Anduril’s jet-powered drone had completed its first flight, marking an important milest
Information and Communication
Apple Shares Rise as iPhone Holiday Sales Forecast Soothes Supply Woes
Apple’s shares rose about 2% in premarket trading on Friday after the company issued an optimistic forecast for the holiday quarter, indicating that strong dem
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