Author: Bloomberg News

As historic floodwaters unleashed by Hurricane Helene recede across the Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope.

Global semiconductor makers are monitoring supplies of high-purity quartz, a material critical to the industry, after Hurricane Helene halted production at two North Carolina mines.

Nio founder William Li hit out at the European Union and the U.S., saying their moves to level tariffs on electric cars are unreasonable and urged them to cooperate with China.

The U.S. has warned its allies that Russia is targeting cargo shipping companies as it seeks to disrupt Ukraine’s partners, according to people familiar with the matter.

General Motors is in discussions to buy EV batteries that would use technology from China’s CATL and be assembled at a new plant slated to be built in the U.S., Bloomberg reports.

The world’s top commodity merchants are grappling with a tougher environment for trading oil as seismic market events of the past few years start to lose their impact.

Intel is considering options for its stake in its struggling automated driving systems provider Mobileye as part of a major strategy overhaul, people with knowledge of the matter said. 

OPEC+ clinched a deal to pause its planned oil output hike for two months after prices plunged amid fragile demand.

Climate negotiators from the U.S. and China will resume talks Sept. 4 in Beijing on deepening emissions cuts and transition funding.

Verdi, Germany’s most powerful labor union, is making the unusual move of backing a private equity firm’s bid for Deutsche Bahn’s planned $15.5 billion sale of its Schenker logistics arm.