foreign investments
A Hungarian town seethes over a giant Chinese battery plant
A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.
Mercedes opens Alabama battery plant, part of a southern wave
The German automaker, which has made cars in the state for decades, has invested $1 billion in a factory to supply the power for electric vehicles.
In quest for energy independence, Mexico is buying a Texas oil refinery
President López Obrador wants to halt most oil exports and imports of gasoline and other fuels. Critics say he is reneging on Mexico’s climate change commitments.
www.nytimes.com
Mexico set to reshape power sector to favor the state
Legislation that the Mexican president has pushed would curtail private investors in the energy industry and possibly reverse gains in lowering carbon emissions.
www.nytimes.com
How Biden’s climate ambitions could shift America's global footprint
Serious efforts to address global warming might mean big changes for America’s trade, foreign relations and even defense strategy.
www.nytimes.com
Protests spread across Indonesia over jobs law
The government hopes the measure will draw investment. Opponents say the move to slash regulations will harm workers and the environment.
www.nytimes.com
The pandemic will permanently change the auto industry
Plunging sales could force factories to close and lead to takeovers and mergers, but also bolster sales of electric cars.
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