Today: September 22, 2024
Today: September 22, 2024

Latest From Marie Mannes

Business|Economy|Europe|Technology

Struggling Northvolt stokes fear for Europe's battery future

Northvolt's shock decision this week to shrink its operations and cut jobs has sparked fears that Europe's best shot at a home-grown electric vehicle battery

Struggling Northvolt stokes fear for Europe's battery future
Business|Technology

Volvo Cars abandons 2030 EV-only target

Swedish automaker Volvo Cars scrapped its target of going all electric by 2030 on Wednesday, saying it now expected to still be offering some hybrid models in its

Volvo Cars abandons 2030 EV-only target
Business|Europe|Finance

EV tariffs could hurt European companies and industry, Polestar CFO says

Import tariffs imposed by the European Union and the United States on China-made electric vehicles will harm European based companies, the chief financial officer

EV tariffs could hurt European companies and industry, Polestar CFO says
Business|Economy

Electrolux boosted by pick up in US, but freight costs weigh

Electrolux swung to a much larger than expected profit in the second quarter amid signs of a long-awaited pick up in its North American business, briefly sending

Business|Economy|Technology

Polestar posts loss, plans steps to offset tariffs on China-made EVs

Electric vehicle (EV) maker Polestar said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it posted a

Polestar posts loss, plans steps to offset tariffs on China-made EVs
Business|Lifestyle

H&M to offer more discounts as it battles to revive sales

H&M plans to offer more discounted fashions in the second half of this year as it tries to win back customers from the likes of Zara owner Inditex and Shein.

H&M to offer more discounts as it battles to revive sales
Business|Economy

H&M slumps on doubts over margin target and June sale drop

H&M cast doubt over its full-year profit margin target on Thursday after missing quarterly earnings forecasts and predicting a fall in June sales, sending shares

H&M slumps on doubts over margin target and June sale drop
Business

Polestar raises almost $1 billion, sees margins improving in 2024

Polestar said on Wednesday it had raised a $950 million loan from a bank syndicate, helping to fill a gap left when Volvo Cars said it would stop funding the

Polestar raises almost $1 billion, sees margins improving in 2024
Business

Exclusive-Tesla faces inquiry by Norway's safety regulator over suspension failures

Tesla faces an inquiry by Norway's traffic safety regulator into suspension failures in the company's electric cars that could result in a recall, the agency told

Exclusive-Tesla faces inquiry by Norway's safety regulator over suspension failures
Business|Technology

Tesla strike in Sweden heats up as largest union joins fray

Sweden's biggest union on Tuesday threw its weight behind a six-month-old strike by mechanics at Tesla, escalating the U.S. carmaker's latest dispute with

Tesla strike in Sweden heats up as largest union joins fray
Business|Economy|News

Electrolux Q1 loss nearly triples on weak demand but beats expectations

Electrolux's operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as

Electrolux Q1 loss nearly triples on weak demand but beats expectations

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