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India orders investigation into Tata Motors EV fire incident

India orders investigation into Tata Motors EV fire incident

Tata Motors’ electric sport-utility vehicle (SUV) Nexon EV is displayed during its launch in Mumbai, India, January 28, 2020. REUTERS/Hemanshi Kamani Register now for FREE unlimited access to Reuters.com Register BENGALURU, June 23 (Reuters) – India has ordered an investigation into a fire incident involving a Tata Motors (TAMO.NS) electric vehicle, a government official said …

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Cheniere Energy authorizes expansion at Texas LNG export plant

Cheniere Energy authorizes expansion at Texas LNG export plant

A sign of US LNG company Cheniere is seen at the registration counter at the International Conference & Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai, China April 1, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register June 22 (Reuters) – Top US liquefied natural gas (LNG) exporter Cheniere Energy Inc (LNG.A) …

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Wall Street ends lower after Powell remarks, as energy shares drag

Wall Street ends lower after Powell remarks, as energy shares drag

Powell: Fed ‘strongly committed’ to inflation fight Energy shares hit as oil prices slide Defensives top-performing S&P sectors Dow Inc falls as brokerage downgrades to “underperform” Indexes down: Dow 0.15%, S&P 0.13%, Nasdaq 0.15% June 22 (Reuters) – Wall Street’s main indexes ended with slim losses on Wednesday after choppy trading as energy shares weighed …

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Umicore plan to double down on battery business knocks almost  bln off market cap

Umicore plan to double down on battery business knocks almost $1 bln off market cap

A car is plugged in at a charging point for electric vehicles in London, Britain, March 6, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com Register Umicore plans to invest 5 bln euros in batteries by 2026 Shares tumble 10%, wiping nearly $1 bln from market cap Suppliers of electric vehicle batteries …

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Harbor Energy CEO warns of lower UK investment due to windfall tax

Harbor Energy CEO warns of lower UK investment due to windfall tax

LONDON, June 21 (Reuters) – The North Sea’s largest oil and gas producer, Harbor Energy (HBR.L), has told the British government that Britain’s planned windfall tax on the energy sector will shrink the company’s investment in the country. With oil and gas prices soaring and households feeling the hit from higher prices across the board, …

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Banks, energy stocks fuel rebound in European shares

Banks, energy stocks fuel rebound in European shares

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 17, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Construction & materials among worst hit sectors ECB’s Lagarde reaffirms rate hike plans Renault jumps after Jefferies upgrade June 20 (Reuters) – European stocks rose strongly …

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Australia power crisis forces manufacturers to eye offshore moves, production cuts

Australia power crisis forces manufacturers to eye offshore moves, production cuts

SYDNEY, June 20 (Reuters) – Australia’s biggest building materials manufacturers are cutting back operations, hiking prices and considering moving production offshore to manage a spike in power and gas bills, adding to pressure on the government to resolve the country’s energy crisis. The CEOs of Brickworks Ltd (BKW.AX), the country’s largest brickmaker, and Boral Ltd …

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Australian power station fire will not worsen energy crisis -market operator

Australian power station fire will not worsen energy crisis -market operator

The Liddell coal-fired power station is pictured in the Hunter Valley, north of Sydney, Australia, April 9, 2017. REUTERS/Jason Reed/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register SYDNEY, June 19 (Reuters) – A fire that ripped through a New South Wales power station on the weekend will not affect electricity supply, …

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US energy chief to discuss record pump prices with refiners next week

US energy chief to discuss record pump prices with refiners next week

WASHINGTON, June 16 (Reuters) – US Energy Secretary Jennifer Granholm called an emergency meeting with refining executives for next week, a department spokesperson said on Thursday, as tensions between the Biden administration and Big Oil mount over soaring gasoline prices. The planned talks come as President Joe Biden, under pressure over record prices with inflation …

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