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Industrials

  • Wednesday, 2 October, 2024
    Toyota Motor Corp
    Toyota to invest $500mn in flying taxi start-up Joby

    Fresh funding from Japanese carmaker includes plans for manufacturing alliance

    A Joby eVTOL aircraft outside the New York Stock Exchange in 2021
  • Wednesday, 2 October, 2024
    Private equity
    Bain joins battle for control of world’s biggest zinc smelter

    Big commodities groups watching outcome as founding families vie for Korea Zinc

    Water vapour and smoke rise from the Korea Zinc smelting factory in Ulsan, South Korea
  • Wednesday, 2 October, 2024
    Automobiles
    European carmakers brace for a deeper and longer downturn

    Profit warnings have come from a sector facing weak sales at home, intense competition in China and slowing EV demand

    A man looks at an Volkswagen ID.Next concept car at an auto show in Shanghai
  • Wednesday, 2 October, 2024
    HTSI
    Is this ‘the most complete Ferrari Gran Turismo ever’?

    A first drive of the car maker’s defiant new take on the V12 engine

    Rory FH Smith drives the new Ferrari 12Cilindri
  • Tuesday, 1 October, 2024
    Inside BusinessJune Yoon
    Connected cars pose real risks

    Rising use of specialised software in EVs raises important questions about privacy and safety for drivers around the world

    Journalists prepare to ride self-driving cars during a media tour of Baidu’s autonomous ride-hailing services at the Apollo Park in Beijing
  • Tuesday, 1 October, 2024
    News in-depthMiddle East war
    How Israel’s air defences withstood Iran’s barrage

    Tehran claims success but early Israeli assessment suggests attack caused few hits and no casualties

    Israel’s Iron Dome anti-missile system intercepts rockets, as seen from Ashkelon, Israel, October 1, 2024
  • Tuesday, 1 October, 2024
    LexAbu Dhabi National Oil Co
    Adnoc’s cash has good chemistry with struggling German industry Premium content

    Deal may provide a test case for other Middle Eastern investors scouring the world for opportunities

    Large cylindrical storage tanks at the Covestro chemical park in Dormagen, Germany.
  • Tuesday, 1 October, 2024
    LexMining
    Like it or not, miners are still a China proxy

    A jump in shares shows how the sector’s fortunes are tied to the prospects of the world’s second-largest economy

    Steel at a stockyard
  • Tuesday, 1 October, 2024
    Abu Dhabi National Oil Co
    Abu Dhabi targets largest-ever foreign takeover with €14.7bn offer for Germany’s Covestro

    Adnoc seeks to acquire chemicals groups as it prepares for a world less reliant on oil as a fuel

    A Covestro employee checks a tank for carbon dioxide in Dormagen, Germany
  • Tuesday, 1 October, 2024
    Europe Express
    Stoltenberg steps down after a decisive decade for Nato Premium content

    Also in this newsletter: German business’s war on red tape

    Mark Rutte, left, and Jens Stoltenberg, right
  • Monday, 30 September, 2024
    Stellantis
    Stellantis and Aston Martin shares fall sharply on profit warnings

    Forecast cuts are the latest from European carmakers facing Chinese competition and weak home market demand

    A Stellantis assembly worker, wearing a safety vest and face mask, walks between two partially assembled 2021 Jeep Grand Cherokee L vehicles on the assembly line in Detroit
  • Monday, 30 September, 2024
    Rio Tinto PLC
    Rio Tinto chief urges western governments to speed up clean energy transition

    US’s IRA programme yet to have ‘significant impact’, says Jakob Stausholm as he opens London Metal Exchange week

    Jakob Stausholm
  • Monday, 30 September, 2024
    Nuclear energy
    Peter Thiel’s Founders Fund backs nuclear fuel start-up

    Incubation effort comes as Big Tech looks to atomic energy to meet soaring power demand for AI race

    The Three Mile Island nuclear plant is seen across the river. The plant features four large cooling towers with red lights. A small boat with two people on board is visible on the river in the bottom right corner.
  • Monday, 30 September, 2024
    A.P. Møller Holding A/S
    AP Møller Holding throws weight behind cutting fossil fuel plastic production

    Maersk family investment group to develop €1.5bn factory in attempt to crack one of biggest climate challenges

    A section of the production facilities at plastic manufacturer Berry Global in Lawrence, Kansas
  • Sunday, 29 September, 2024
    Global trade
    Paint makers say EU tariffs on Chinese imports risk bankrupting them

    Industry pushes for rethink on anti-dumping measures against China’s exports of titanium dioxide

    Paint cans
  • Friday, 27 September, 2024
    Volkswagen AG
    VW issues second profit warning in three months on weaker sales

    The lower guidance comes the carmaker looks to close plants in Germany for the first time in its 87-year history

    Volkswagen workers on the assembly line
  • Friday, 27 September, 2024
    LexRentokil Initial PLC
    Activists are not always pests — as Peltz should prove at Rentokil

    The company needs fresh ideas to fix its messy integration of Terminix

    A Rentokil pest technician, wearing a uniform with the Rentokil logo, lays an insect detector on the floor of an office building
  • Friday, 27 September, 2024
    Chinese military
    China’s most advanced nuclear submarine sank in shipyard, says US

    First vessel of new Zhou class was being prepared for sea trials

  • Friday, 27 September, 2024
    The Big Read
    The satellite spectrum battle that could shape the new space economy

    Elon Musk’s SpaceX is pushing to loosen power limits on transmissions in low Earth orbit, a move that some fear could give upstart US operators more power

    An infographic-like image with a rocket launch in the background, surrounded by multiple satellites in orbit. The satellites are arranged in a radial formation, with light beams representing communication signals from satellite dishes on the ground. A pair of red and blue satellites on the right stand out from the rest
  • Thursday, 26 September, 2024
    Northvolt AB
    Northvolt to be served ‘suspicion of gross manslaughter’ notice over worker death

    Move from Swedish prosecutors comes as the battery start-up struggles to raise fresh capital

    Northvolt Ett factory in Skelleftea, north Sweden
  • Thursday, 26 September, 2024
    News in-depthAircraft manufacturing
    Is a stealth bomber-shaped plane the future of air travel?

    Global airlines look to new fuels and radical designs to offset rising carbon emissions

    JetZero airplane
  • Thursday, 26 September, 2024
    Stellantis
    Stumbling Stellantis sets up new hurdle with effort to replace CEO Tavares

    Maker of Peugeot, Fiat and Jeep cars tries to find substitute for man who built the group

    A Jeep Grand Cherokee is assembled at a plant in Detroit
  • Thursday, 26 September, 2024
    Rolls-Royce Holdings PLC
    Rolls-Royce and US rivals enter final stretch to build Britain’s first mini nuclear reactors

    UK government selects four companies to proceed to next stage of negotiations

    Rolls-Royce small modular reactor
  • Thursday, 26 September, 2024
    BASF SE
    BASF slashes dividend amid worsening German industrial gloom

    World’s largest chemicals group to cut capital expenditure and plans partial listing of agricultural unit

    A BASF chemicals plant in Schwarzheide, Germany
  • Thursday, 26 September, 2024
    Simon Edelsten
    Businesses change over time — here’s how investors can capitalise

    Companies often evolve through restructuring. As investors, we have to be on top of the detail

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