Europe
European autos stocks wipe off $10 billion after Stellantis warning
European auto stocks dropped four per cent as Stellantis, Volkswagen, and Aston Martin warnings highlight earnings and demand woes.
Coal pioneer to wind powerhouse: UK completes coal phase-out after 142 years
The UK ends coal-fired power after 142 years, transitioning to renewables as it leads major economies in phasing out coal.
Climate change and harsh weather in France bring challenges to Chablis wine country
Grape-pickers harvests Chardonnay grapes at Domaine Lavantureux vineyards
Volkswagen cuts 2024 outlook on deteriorating macroeconomic environment
Volkswagen cuts its 2024 profit margin outlook again, citing weak demand and a challenging macroeconomic environment.
EU changes hydrogen project auction rules to limit Chinese presence
The EU has updated hydrogen auction rules to limit reliance on Chinese parts, promoting local supply chains and security.
BBVA, KKR form climate-focused strategic partnership
Spanish lender BBVA and U.S. investor KKR announce a strategic partnership focused on low-carbon economy investments.
New solar cells break efficiency record — they could eventually supercharge how we get energy from the sun
Solar power is growing rapidly, driven by cheaper panels and efficiency gains, with new tandem cells reaching 34 per cent efficiency.
Funds approach Eni for second biofuel stake sale as it readies deal with KKR, sources say
Eni is in talks to sell a 20-25% stake in its biofuel unit Enilive to KKR, while other suitors show interest.
Scotland’s renewable electricity generation reached record high in first half of 2024
Scotland’s renewable energy generation in the first half of 2024 reached a record high of 18,084 GWh, the latest statistics show.
