US can’t yet compete with China on EVs, Ford chairman tells CNN

[ad_1] June 18 (Reuters) – Ford Motor (F.N) Executive Chairman Bill Ford said the United States was not ready yet to compete with China in the production of electric vehicles.…

Nokia warns of “challenging” year as it plays catch-up

[ad_1] [1/2] A Nokia logo is seen at the company’s headquarters in Espoo, Finland, May 5, 2017. REUTERS/Ints Kalnins HELSINKI, Feb 4 (Reuters) – Finnish telecom network equipment maker Nokia…

France rolls out the red carpet for EV battery factories

[ad_1] PARIS, June 5 – For French President Emmanuel Macron, it was a light-bulb moment. In an ornate ballroom at the Palace of Versailles last July, the head of Taiwan’s…

Sharp rise in European sentiment helps stocks higher

[ad_1] EU economic sentiment surges to 21-year high in June Germany’s DAX leads gains on Adidas boost German inflation eases in June, still above C.bank target Germany’s Knorr slumps on…

Siemens plans new plant in Singapore in Asia expansion

[ad_1] BERLIN, June 13 (Reuters) – Siemens (SIEGn.DE) plans to build a new plant for its industrial automation division in Singapore, the company said on Tuesday, as it expands its…

Panasonic to boost battery output at Tesla’s Nevada Gigafactory by 10%

[ad_1] June 6 (Reuters) – Panasonic Holdings (6752.T) plans to expand production of electric vehicle batteries at a factory in Nevada jointly operated with Tesla (TSLA.O) by 10% within three…

Breakingviews – German $13 billion heat pump sale dents EU green hopes

[ad_1] LONDON, April 26 (Reuters Breakingviews) – Knowing when to sell out is a common dilemma among family-owned companies. For 106-year-old German heat pump maker Viessmann it looks like an…

South Korea set to curb Google, Apple commission dominance

[ad_1] SEOUL, Aug 24 (Reuters) – South Korea is likely to bar Google and Apple from requiring software developers to use their payment systems, effectively stopping them from charging commissions…

Germany may restrict export of chip chemicals to China – Bloomberg

[ad_1] April 27 (Reuters) – Germany may limit the export of chemicals to China that are used to manufacture semiconductors as part of the government’s efforts to reduce its economic…

German government must analyse planned Viessmann deal – finance min

[ad_1] BERLIN, April 25 (Reuters) – The German government must take a closer look at the potential deal between air conditioner maker Carrier Global Corp (CARR.N) and German industrial manufacturer…