BERLIN (Reuters) -German Economy Minister Robert Habeck said on Thursday he had no information on any changes to Tesla’s plans in Germany after a Wall Street Journal report that the electric carmaker was suspending plans to produce battery cells in the country. The WSJ report on Wednesday said this was because Tesla was looking to …
German minister has no information on any change in Tesla plans Read More »
BERLIN (Reuters) – The German government’s energy policy is preventing Daimler Truck from being able to reduce its gas use, its chief executive told the Frankfurter Allgemeine Zeitung. “We would like to save gas, but we are not allowed to, due to emission protection regulations,” Martin Daum told the newspaper on Thursday. “We’re discussing shower …
Daimler Truck CEO: German bureaucracy preventing reduced gas use Read More »
By Foo Yun Chee BRUSSELS (Reuters) – From laptops to fridges to mobile apps, smart devices connected to the internet will have to assess their cybersecurity risks and fix them under draft European Union rules announced on Thursday, amid concerns about a spate of cyber attacks. Companies face fines of as much as 15 million …
EU proposes rules targeting smart devices with cybersecurity risks Read More »
MADRID (Reuters) – The Spanish government is open to modifying a proposed bill on a windfall tax on banks to assure that it does not have a negative impact on financial stability, Economy Minister Nadia Calvino said on Thursday. The bill “will obviously incorporate those improvements that will allow us to have an adequate tax …
Spanish government open to modifying tax on banks Read More »
BERLIN (Reuters) – Lufthansa is planning to start talks with private equity investors in December about a partial sale of its aircraft maintenance business Lufthansa Technik, business daily Handelsblatt reported on Thursday. In a best case scenario, the board could then have a list of non-binding offers in January of next year, Handelsblatt said. The …
Lufthansa plans to discuss Lufthansa Technik partial sale – Handelsblatt Read More »
(Reuters) – Shell named Wael Sawan, head of its integrated gas and renewables division, on Thursday as the group’s chief executive officer, replacing Ben van Beurden, with the energy major at the cusp of a transition to cleaner energy. Sawan, 48, currently oversees Shell’s growth into low carbon energies, as well as its giant gas …
By Jonathan Stempel (Reuters) – Tesla Inc was sued on Wednesday in a proposed class action accusing Elon Musk’s electric car company of misleading the public by falsely advertising its Autopilot and Full Self-Driving features. The complaint accused Tesla and Musk of having since 2016 deceptively advertised the technology as fully functioning or “just around …
Tesla is sued by drivers over alleged false Autopilot, Full Self-Driving claims Read More »
(Reuters) – Microsoft Corp’s deal to buy videogame publisher Activision Blizzard is expected to face an in-depth UK probe after the software maker did not offer any remedies to assuage competition concerns, the Financial Times reported. Microsoft chose not to offer any remedies to the Competition and Markets Authority (CMA) at this stage because there …
Microsoft’s acquisition deal for Activision to face in-depth antitrust probe in UK – FT Read More »
By Dan Fastenberg (Reuters) – The sporty all-electric car from the Netherlands resembles a BMW coupe, but is unique: It captures more carbon than it emits. “Our end goal is to create a more sustainable future,” said Jens Lahaije, finance manager for TU/ecomotive, the Eindhoven University of Technology student team that created the car. Called …
Dutch students devise carbon-eating electric vehicle Read More »
(Corrects description of product to be made in new plant; corrects name of parent company to Bosch Group from Bosch Ltd) MEXICO CITY (Reuters) -Technology supplier Bosch Group on Wednesday announced plans to construct a 4.3 billion peso ($215 million) plant in the central Mexican state of Queretaro. Its subsidiary Bosch Rexroth will produce components …
Bosch to build $215 million plant in central Mexico Read More »
