WASHINGTON, Dec 11 Reuters The first electric vehicle charging station funded by a 7.5 billion U.S. government program has begun operating in Ohio, the White House said Monday as the government ramps up charging to address a key concern of potential buyers. Automakers and others say drastically boosting EV charging stations is crucial to the […]

NEW YORK, Reuters WeWork has resolved landlords39; objections to its bankruptcy financing agreement, saying on Monday that it had agreed to reserve a portion of any future loans in an account that will be used for rent payments. U.S. Bankruptcy Judge John Sherwood, who is overseeing the SoftBank backed company39;s Chapter 11 proceedings, approved the compromise during […]

STOCKHOLM, Dec 11 Reuters China39;s Huawei will start building its mobile phone network equipment factory in France next year, a source familiar with the matter said, pressing ahead with its first plant in Europe even as some European governments curb the use of the firm39;s 5G gear. The company outlined plans for the factory with an initial […]

Dec 11 Reuters Occidental Petroleum said on Monday it would buy energy producer CrownRock in a cashandstock deal valued at 12 billion, to boost its acreage in the oilrich Permian basin. Houstonbased Occidental will finance the purchase with 9.1 billion of new debt, the issuance of about 1.7 billion of common equity and the assumption of […]

PARISBERLIN, Dec 11 Reuters Renault aims to pick a partner to develop its new Twingo electric vehicle by early next year, two sources close to the matter said, with Volkswagen among those in the running. Renault confirmed it was in talks with several carmakers about a possible partnership, but declined to comment on names or timings. […]

MOSCOW, Dec 11 Reuters Russia39;s largest oil producer Rosneft said on Monday its key production asset, Yuganskneftegaz, had boosted oil well drilling in the JanuarySeptember period by 17 due to an increase in oil rigs and the use of modern technologies. Yuganskneftegaz, with production assets in Western Siberia, accounts for around a third of Rosneft39;s oil […]