Europe
Tesla to lay off 300 temporary workers at German site, Business Insider says
Tesla is planning to lay off 300 temporary workers at its German plant near Berlin as part of plans to cut global staff:...
Italy in talks with China’s Dongfeng and others over auto plant, minister says
Dongfeng, which is a partner of Stellantis in China, is launching its cars in Italy, starting with EV models of its Voyah brand.
Portugal’s EDP to change its global structure, eyes relevant cost cuts
Portugal's EDP has launched an internal restructuring to streamline its worldwide organisation, focus on growth and achieve cost cuts
Climate change damage could cost $38 trillion per year by 2050
Damage to farming, infrastructure, productivity, and health from climate change will cost an estimated $38T per year by 2050, research finds
Shell urges investors to reject shareholder group’s climate demands
A resolution, filed by a group of investors with around $4 trillion under management, urges Shell to align its medium-term carbon reduction targets...
EU considers bringing emissions removal credits into carbon market
The EU requires power plants to buy a permit for each tonne of CO2 they emit, but the bloc is considering whether emissions...
EU expected to sue Germany over gas tariff, sources say
Charge was introduced after Germany bought non-Russian gas during energy crisis, but some say it flouts EU single market rules.
Abu Dhabi’s TAQA talking to Spain’s Naturgy shareholders
UAE's state-owned energy company opens up discussion as it views potential full takeover bid.
Ferrari ‘e-facility’ will give capacity for electrification, CEO says
The company, known globally for its roaring, high performance petrol engines, has promised its first fully-electric (EV) vehicle at the end of next...
