Associated Press

Business, Fuel

Energy Agency: Virus to Cause First Oil Demand Decline in Decade

A traveler wearing a mask stands on a bridge in Beijing China, on Feb. 13 A traveler wearing a mask stands on a bridge in Beijing China, on Feb. 13 (Ng Han Guan/Associated Press)

The International Energy Agency expects demand for oil to fall in the first quarter as a result of the virus outbreak that emanated in China. Any fall would represent the first quarterly decline in a decade.

February 13, 2020
Business, Technology, Fuel, Autonomous

Fiat Chrysler in Talks With Foxconn to Develop Electric Cars

Fiat logo on vehicle Bob Edme/Associated Press

MILAN — Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Jan. 17.

January 17, 2020

Think Tank Says UAW Deals Increased Automakers’ Labor Costs

UAW picket line General Motors employees picket outside the General Motors Fabrication Division in Parma, Ohio, in October. (Associated Press/Tony Dejak)

DETROIT — New contracts between the United Auto Workers union and Detroit’s three automakers substantially increased the cost gap between Detroit and foreign automakers with U.S. factories, an industry think tank says.

January 15, 2020
Government, Business, Fuel

China’s Economy Czar Coming to Washington to Sign Trade Deal

Liu He Liu He. (Jason Lee/Associated Press)

China’s economy czar will visit Washington the week of Jan. 13 for the signing of an interim trade deal, the government said Jan. 9.

January 9, 2020
Government, Business, Safety

U-Haul Won’t Hire Nicotine Users in 21 States

U-Haul vehicles Charlie Neibergall/AP

NEW YORK — U-Haul said that it won’t hire nicotine users in the 21 states where it is legal to do so, saying that it wants to ensure a “healthier workforce.”

January 3, 2020
Business, Technology, Fuel, Autonomous

Tesla 2019 Sales Hit Goals, Rise Over 50% From Previous Year

Tesla Model X Tesla Model X by David Zalubowski/Associated Press

DETROIT — Tesla Inc.’s global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019.

January 3, 2020
Government, Business, Technology, Fuel

Turkish Leader Unveils Prototypes of Electric Car

Turkish President Recep Tayyip Erdogan poses with electric car Turkish President Recep Tayyip Erdogan poses with a prototype of a domestically produced electric car in Gebze, Turkey, on Dec. 27, 2019. (Presidential Press Service via Associated Press)

ANKARA, Turkey — Turkish President Recep Tayyip Erdogan on Dec. 27 unveiled prototypes of a domestically produced electric car, putting him closer to fulfilling a long-held dream of building Turkey’s first “national” automobile.

December 27, 2019
Government, Business

China Announces Tariff Cuts, More Competition in Markets

Petro plant in China Sinopec Yanshan Petrochemical Co. outside Beijing by Mark Schiefelbein/AP.

BEIJING — China will reduce tariffs Jan. 1 on more than 850 foreign products including frozen pork, asthma medications and some high-tech components to spur economic development.

December 23, 2019
Government, Business, Fuel

Shipping Industry Proposes Fund to Tackle Carbon Emissions

containership

BERLIN — A global shipping industry organization is proposing a research and development program to help cut carbon dioxide emissions, funded by about $5 billion from shipping companies over a decade.

December 18, 2019
Government, Business, Technology, Logistics

Germany Set to Agree to Higher CO2 Price for Transport, Heating

Germany Berlin skyline via Getty Images

Germany’s two houses of parliament are poised to more than double the starting price for carbon dioxide emissions from the transport and heating industries when the charge is introduced in 2021.

December 16, 2019

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