PARIS (Reuters) – France on Monday avoided a strain on its power grids in the face of rising demand as…
Russian government could provide 225 billion roubles to Rosseti
(Reuters) – Russia could provide up to 225 billion roubles ($3.6 billion) in state funds to power company Rosseti to…
Mercedes-Benz Vans plans first electric-only plant in Jawor
(Reuters) -Mercedes-Benz Vans will invest more than 1 billion euros ($1.05 billion) to build its first electric-only vans plant in…
UK economy set to get worse before recovery – Hunt
LONDON (Reuters) – British finance minister Jeremy Hunt said the country’s economy was “likely to get worse before it gets…
Rivian pauses JV plans with Mercedes-Benz to make electric vans in Europe
(Reuters) – Rivian Automotive Inc said on Monday it is pausing its joint venture with Mercedes-Benz Vans, just three months…
Calling peak inflation: Five questions for the ECB
By Dhara Ranasinghe, Naomi Rovnick and Stefano Rebaudo LONDON (Reuters) -The European Central Bank meets this Thursday and looks set…
European food delivery shapes up with Getir’s Gorillas buy
By Toby Sterling AMSTERDAM (Reuters) -Grocery-in-minutes company Getir’s $1.2 billion deal to buy rival Gorillas is an important step toward…
Marketmind: Hunkering down
A look at the day ahead in European and global markets from Anshuman Daga Just as China faces a testing…
Volkswagen’s Skoda considers withdrawing from China – media report
BERLIN (Reuters) – Czech carmaker Skoda Auto, part of Volkswagen, is considering withdrawing from China and will make a final…
Investors eye Portuguese golden visas as authorities ponder programme’s end
By Catarina Demony LISBON (Reuters) – Investments through Portugal’s “golden visa”, which gives wealthy foreigners residence rights, jumped nearly 50%…