Bloomberg Business

Winning EV Battery Race Is 21st Century Moonshot, Lawmakers Say

The US needs to make up ground lost to Chinese battery makers and dominate the next generation of the technology, a bipartisan group of lawmakers said after meeting the chief executives of Ford Motor Co. and General Motors Co. in Detroit.

BHP Warns Carbon Emissions to Rise on Bumpy Net Zero Path

BHP Group Ltd. is warning its carbon emissions will rise in the short term, with rapid technological advances and industrial collaboration needed if the mining giant is to reach its goal of net zero emissions by 2050.

RBA Is Two Steps Away From Peak Rate at 4.6%, Survey Shows

Australia’s central bank will raise interest rates two more times this year to try to overcome sticky inflation, resulting in a further slowdown in economic growth, a Bloomberg survey of economists showed.

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