07:09 AM EDT, 07/05/2024 (MT Newswires) -- All good things must come to an end, as they say, and it appears that was the case for Canadian new vehicle sales in June, noted Bank of Montreal (BMO). Purchases fell one month short of completing a run of 20 consecutive months of year-over-year gains, as they were flat compared with a...

07:02 AM EDT, 07/05/2024 (MT Newswires) -- Teck Resources (TECK-B.TO, TECK-A.TO) said overnight Thursday that the sale of its remaining 77% interest in its steelmaking coal business, Elk Valley Resources, to Glencore has received all necessary regulatory approvals. Teck said it expects to receive US$6.9 billion from the sale, which is expected to close on July 11. This transaction marks...

(Reuters) - With the European Union's extra duties on Chinese-made electric vehicles (EVs) taking effect on Friday, some carmakers have been considering whether to raise their prices or take other measures in response. So far, only Tesla has announced plans to increase prices, while Chinese brands MG and NIO suggested they might increase the cost of their cars in Europe...

07:10 AM EDT, 07/05/2024 (MT Newswires) -- Shell (SHEL), BP (BP), TotalEnergies (TTE), and Mitsui will invest in Abu Dhabi National Oil's next liquefied natural gas export project, Bloomberg reported Friday, citing people familiar with the matter. The international oil majors will each hold a 10% stake in the Ruwais LNG plant in an agreement that may be signed as...