Volkswagen AG said the European Union’s deal on e-fuels will help with special applications such as emergency vehicles and low-volume models like Porsche’s 911 sports car, following an agreement over the weekend on landmark regulation to make cars carbon neutral by 2035.
Saudi Aramco is buying 10% of Rongsheng Petrochemical Co., one of China’s refining giants, for 24.6 billion yuan ($3.6 billion), in a move that expands its presence in the world’s biggest energy importer.
A Polish party known for its hostility toward the European Union and wariness of the nation’s unconditional support for Ukraine is making gains with voters six months before an election.
Lucid Group, Inc. is recalling several hundred electric vehicles due to a glitch that may cause its flagship model to lose power while being driven.
Democratic Senator Elizabeth Warren of Massachusetts formally announced she’s seeking a third term in 2024, vowing to continue pressing a progressive agenda that includes stricter rules on banks in the wake of the recent collapse of Silicon Valley Bank and Signature Bank.
Twitter is trying to hunt down the person who leaked proprietary source code that was published online until last week.
Ghana’s central bank lifted its key interest rate by more than expected — extending its steepest phase of monetary tightening — to ensure inflation decelerates at a faster pace.
Boutique advisory firm Alantra Partners SA hired former Moelis & Co. dealmaker Jan Caspar Hoffmann to lead its German business.
The Federal Deposit Insurance Corp. is on its way to profiting off the deal it helped broker for First Citizens BancShares Inc.’s takeover of SVB Financial Group.
Salesforce Inc. averted a potential proxy fight with activist investor Elliott Investment Management after its stock rose and the enterprise software company made a series of strategic changes.
