Reuters
BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.
Norway court rejects environmental injunction against oil and gas fields
A Norway court ruled in favor of the government, rejecting activists' bid for a temporary halt on three oil and gas fields.
Eni CEO says U.S. funds showing confidence in group’s strategy
U.S. investment funds back Eni's spin-off strategy as CEO Descalzi highlights success with low-carbon ventures and talks with KKR.
‘Lot of sci-fi smoke and mirrors’: Investors, experts react to Tesla’s robotaxi unveil
Tesla's robotaxi reveal, featuring gull-wing doors and no steering wheel, disappointed investors with few details on production and plans.
Stellantis CEO says EU carbon rules are pushing industry costs up by 40%
Stellantis CEO Carlos Tavares noted EU carbon rules are raising auto industry costs as customers avoid pricey EVs.
Moody’s downgrades Volkswagen outlook to ‘negative’ due to operating weakness
Moody's cuts Volkswagen's outlook to "negative" citing weak performance, low volume growth, and restructuring challenges ahead.
Swedish court upholds ruling against Tesla in labour dispute
The court upheld a preliminary ruling that Sweden's postal service Postnord does not need to deliver licence plates to Tesla.
Indonesia, Malaysia, EU work on guide for smallholders on EU deforestation rules
Indonesia, Malaysia, and the EU will create a practical deforestation guide for smallholders by November.
Countries’ renewable energy plans fall short of target, says IRENA
Governments' renewable energy plans fall 34% short of the U.N. goal to triple capacity by 2030, says an IRENA report.
Porsche’s nine-month China sales plunge by third
Porsche on Friday posted a 29 per cent nine-month sales drop in China, joining peers BMW and Mercedes in reporting weaker results in...
