Europe News Updates

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European Energy Prices Surge to Records as Supply Crisis Spreads

European energy markets from natural gas to carbon permits jumped to records, signaling the supply shortage will get worse just as the winter season starts. Stockpiles of everything from gas to coal and Norwegian water for electricity production are dwindling and there are few signs the situation will improve anytime soon as demand continues to roar back from a pandemic-driven lull.

September 28, 2021
GovernmentBusinessTechnologyLogistics

Germany Set to Agree to Higher CO2 Price for Transport, Heating

Germanys two houses of parliament are poised to more than double the starting price for carbon dioxide emissions from the transport and heating industries when the charge is introduced in 2021.

December 16, 2019
GovernmentBusinessTechnologyFuel

Germany Edges Out Norway as Europes Biggest Electric Car Market

Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europes biggest auto market in position to become the regional leader on an annual basis for the first time.

December 9, 2019
BusinessTechnologyLogistics

Ford to Cut 20% of European Workforce in Sweeping Overhaul

Ford Motor Co. will eliminate about 20% of its workforce across Europe in a sweeping overhaul to tackle the carmakers falling sales in the region and lift weak profitability.

June 27, 2019
BusinessTechnologyLogistics

Amazon Launches Click-and-Collect Counters With U.K.s Next

Amazon is launching a delivery option that will let customers retrieve parcels from staffed counters at U.K. and Italian retailers, aiming to take advantage of the popularity of click-and-collect services across Europe.

May 14, 2019
BusinessTechnologyLogistics

Tesla CEO Elon Musk Correctly Called European Slump for April

Tesla Inc.s deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musks prediction for lumpy results.

May 3, 2019
GovernmentBusinessLogistics

UK Trucker Shortage to Worsen After Brexit, Haulage Group Says

Brexit is set to exacerbate a chronic shortage of drivers among U.K. haulage companies, according to a study from the International Road Transport Union.

March 21, 2019
BusinessTechnologyLogistics

BMW Pushes on With UK-Made Electric Minis as Brexit Looms

BMW AG will start production of an electric Mini model in the U.K. later this year even as carmakers grapple with the implications of the latest twist to Britains exit from the European Union.

March 20, 2019
GovernmentBusinessFuel

CO2 Caps Coming for Trucks in European Union

European Union negotiators agreed to impose caps on carbon dioxide from trucks for the first time, stepping up the fight against climate change with a challenge to manufacturers such as Daimler AG.

February 19, 2019
GovernmentBusiness

Ford Says Plants at Risk, Urges UK to Reach Brexit Deal

Ford Motor Co. warned of dire consequences for U.K. factories employing more than 7,000 people if British politicians fail to agree on a plan to avert a no-deal split from the European Union.

February 13, 2019