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EU risks losing energy transition race, Volvo and Vattenfall warn

Europe risks being left behind on green energy innovation and investment if various pieces of legislation are not aligned and simplified, the CEOs of Volvo Group and Vattenfall said. ....

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These European companies cut jobs this year

Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. ....

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Chips, EVs power Biden's big bet on America's industrial policy

A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. ....

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From beers to cars, German consumers face higher prices

German consumers face a rise in prices for goods across the board as more and more companies in Europe's largest economy pass on higher production costs, driven by widespread supply shortages and a spike in energy prices. ....

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Inflation watch: Corporate chiefs see prices moving in only one direction

For central bankers wrestling with the question of whether inflationary pressures are transitory, industry chiefs around the world have a clear message: prices are only going higher. ....

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