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US fuels world as shale boom powers record oil exports

Bloomberg The world’s largest oil consumer exported more hydrocarbons than ever before in 2017 and shows no signs of slowing down. You name it — crude oil, gasoline, diesel, propane and even liquefied natural gas — all were shipped abroad at a record pace. While the surge comes many years after the shale boom started, it can be traced straight ...

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Toyota deepens Panasonic battery ties for EVs

Bloomberg Toyota Motor Corp. deepened a partnership with battery producer Panasonic Corp. as Asia’s biggest carmaker, which initially bet big on hydrogen for clean technology, accelerates efforts to make its presence felt in electric cars. The largest supplier of electric-car batteries and Toyota together are exploring the development of prismatic cells, and the collaboration will include solid-state batteries, the two ...

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Uber embraces Asian taxi foes to win riders

Bloomberg Uber Technologies Inc. is embracing the taxi industry in Asia, turning some of its former enemies into allies as it tries to win over customers from Bangkok to Tokyo. Uber said it will bring Howa’s fleet of 4,000 taxis onto its app so customers in the Thai capital can get a quicker and more convenient ride. It’s the latest ...

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