Volkswagen plans to increase its share in JAC Volkswagen, its joint venture for e-mobility. Around €1 billion is to be invested. This amount includes the acquisition of 50% of JAG, Continue Reading
The UK has set itself on a collision course with China after broadening its offer on extended visa rights from 350,000 to almost 3m Hong Kong residents. After Beijing announced plans Continue Reading
Travellers at Copenhagen Kastrup Airport (2019 file pic) Norway and Denmark say they will open up tourism between their two countries from 15 June but will maintain restrictions for Swedes. Continue Reading
Draft law lifts maximum bid, adds second component to avoid draw Cabinet to decide Wed, stakeholders call for adjustments Hydrogen (non-grid) fields to be included at a later stage Germany’s Continue Reading
Driving activity in Germany, Europe’s biggest economy, has rebounded to pre-COVID levels as lockdowns ease but remains below year-ago levels and questions still hang over the pace of oil demand Continue Reading
Automakers in the U.K. produced the fewest number of vehicles in any month since the World War II era in April after the coronavirus pandemic led to lockdowns that shuttered Continue Reading
Moscow has been the epicentre of the epidemic in Russia for many weeks Moscow’s authorities have more than doubled the official death toll from Covid-19 in the Russian capital for Continue Reading
Russia’s largest oil producer, Rosneft, is struggling to supply its long-term buyers with crude oil as it has to cut output due to the OPEC+ deal and will find it Continue Reading
British Airways raised $750 million in secured loans through a credit facility arranged by Citibank and backed by 48 aircraft as collateral. The unit of IAG SA pledged 40 Airbus SE narrow-body jets and eight Boeing Co. wide-bodies as part Continue Reading
Russia and Saudi Arabia agreed to closely coordinate on the OPEC+ output cuts deal, two weeks ahead of a crucial meeting of the group. The talks between President Vladimir Putin and Continue Reading
