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Rivian CEO eyes production ramp, new partners after supply woes

BLOOMBERG Rivian Automotive Inc is ready to take on more commercial partners beyond Amazon.com Inc after a recent bout of production success. “What we saw in Q2 is really the beginnings of the supply chain now running in a healthy way,” Chief Executive Officer RJ Scaringe said in an interview with Bloomberg Television. Rivian sells a consumer pickup truck and ...

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Instagram unveils Threads app, a threat to Musk’s Twitter

BLOOMBERG Meta Platforms Inc’s Instagram officially unveiled Threads, an app designed as a direct rival to Twitter, launching the most serious threat yet to Elon Musk’s struggling social-media site. On Threads, people can post text and links and reply to or repost messages from others. The app will let users port over their existing follower lists and account names from ...

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COP28 chief calls on oil & gas industry to allocate capital to clean energy

VIENNA / WAM COP28 President-Designate, Dr Sultan Al Jaber, on Thursday delivered a speech to the 8th Opec International Seminar, being held this week in Vienna, in which he urged the oil and gas industry to allocate capital at scale to clean energy solutions. The theme of the seminar “Towards a Sustainable and Inclusive Energy Transition” represents “one of the ...

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