Focus on Business
Europe’s energy taxes are worsening industry woes, power CEO says
To aid Europe's struggling industries, governments should take aim at the high energy taxes, head of Europe's electricity lobby told Reuters.
UK car industry set to meet 2024 EV sales target: analysis finds
The UK car industry is set meet the government's EV sales mandate this year despite some manufacturers complaining it is too tough.
Honda, Nissan set to announce launch of integration talks: media reports
Honda and Nissan are expected on Monday to announce the start of business integration talks, according to Japanese media reports.
China’s Nio says new Firefly EV to go on sale in Europe in H1 2025
William Li, Nio's CEO, told reporters in Guangzhou that the company will work with local partners on the sale and service of the...
France’s most powerful nuclear reactor finally comes on stream
The Flamanville 3 European Pressurized Reactor in Normandy started providing electricity to French homes at 11.48 am Saturday.
Honda and Nissan consider mutual production of vehicles, Kyodo reports
A merger of Honda and Nissan would create the world's third-largest auto group by vehicle sales, behind Toyota and Volkswagen.
Northern Oil and Gas in bid to acquire smaller rival Granite Ridge, sources say
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, according to people familiar with the matter.
VW, union agree to cut 35,000 jobs in Germany, avert strikes
Volkswagen strikes deal with unions, avoiding mass strikes; plans 35,000 job cuts, cost reductions, and future investments.
California regulators vote to delay closure of gas storage facility, site of worst US methane leak
California regulators delay Aliso Canyon gas facility closure, sparking debate over energy needs and community safety.
Alberta announces future coal mining policy plan, industry consults
Alberta says it will ban new mountaintop removal mining and new open-pit mining on the eastern slopes of the Rocky Mountains.
