Plan to end e-vehicle subsidies sparks anger in Germany
BERLIN, GERMANY - The German government on Sunday faced a backlash after abruptly ending an electric car subsidy scheme in a blow to the already struggling automotive industry. The scheme is one of the casualties of a budget crisis caused by a shock constitutional court ruling in November that upended the...
subsidy
TAQA Q1 net income $571m
Net income fell $2.58bn due to one-off items recognized in 2023.
QatarEnergy buys stake in Egypt blocks
It did not disclose the cost of the agreement.
TSMC’s April revenue up 60%
It capitalized on huge wave of demand for chips used in AI hardware.
Etihad reports record Q1 profit
Total revenue increased by $269 million in the same period.
Aramco Q1 profit down 14.5%
Despite lower profit, it will pay $31bn in dividends to Saudi government.