Europe
Stellantis ready to axe brands and fix US problems, CEO says
'Operational issues' in North American markets see operating income fall for world's fourth-largest carmarker as it posts first half results.
Refining and gas give TotalEnergies Q2 blues
Profits slump for French oil company blamed on lower margins in refining and falling LNG demand in Europe.
GB Energy to work with Crown Estate to develop offshore wind farms, says Labour
The Crown Estate owns the vast majority of Britain’s seabed, stretching up to 12 nautical miles from the mainland.
German government signs off on hydrogen import strategy
Germany adopted a strategy for the import of hydrogen to help secure sustainable energy supply.
Renault’s first-half profit beats estimates, sticks to 2024 outlook
Renault's first-half profit exceeded expectations due to strong pricing and new vehicle launches, maintaining its full-year profit-margin forecast amidst rising hybrid sales.
Porsche bids to restore output, tackle supply chain risks in second half
Porsche fighting to restore production volumes after months of supply chain snags, slow EV demand and a sales slump in China
ScottishPower earnings hit after energy crisis allowance payment drops off
ScottishPower said its earnings fell 11% in the first half of the year to just over £1 billion, after an energy crisis allowance...
LG Energy Solution in talks with Chinese firms to make low-cost EV batteries for Europe
South Korea's LGES is in talks with Chinese suppliers to produce low-cost EV batteries for Europe, a senior executive said
