finance
Finance
Tesla ramps up battery cell investments at German gigafactory
Headlines
Stellantis says EU proposals fall short on auto industry's energy transition needs
Headlines
OpenAI taps former UK finance minister Osborne to lead global Stargate expansion
Headlines
US threatens countermeasures on European service providers after EU fines
EU drops 2035 combustion engine ban as global EV shift faces reset
Date: December 16, 2025
By Philip Blenkinsop STRASBOURG, Dec 16 (Reuters) - The European Commission unveiled a plan on Tuesday to drop the EU's effective ban on new combustion-engine cars from 2035 after pressure from the...
Volkswagen welcomes EU move to drop combustion engine ban
Date: December 16, 2025
FRANKFURT, Dec 16 (Reuters) - Volkswagen, Europe's largest automaker, on Tuesday said an EU proposal to drop an effective ban on new combustion-engine cars from 2035 was "economically sound". "Opening...
Incoming Kraft Heinz CEO says he reserves right to improve split
Date: December 16, 2025
By Jessica DiNapoli NEW YORK, Dec 16 (Reuters) - Incoming Kraft Heinz CEO Steve Cahillane, who previously led cereal maker Kellogg, said in an interview with Reuters that he endorses the company's...
FCAS fighter jet "very unlikely" after ministers' talks, source says
Date: December 16, 2025
BERLIN, Dec 16 (Reuters) - A meeting between the French, German and Spanish defence ministers last week failed to yield a breakthrough rescuing the troubled French-German-Spanish FCAS warplane...
Campari's parent company settles tax dispute with 405 million euro payment
Date: December 16, 2025
ROME, Dec 16 (Reuters) - Lagfin, the Luxembourg-based holding company that controls Italian drinks group Campari, said on Tuesday it had reached an agreement with the Italian revenue agency over a tax...
Universal offers to sell Downtown's Curve to win EU approval, source says
Date: December 16, 2025
By Foo Yun Chee BRUSSELS, Dec 16 (Reuters) - Universal Music Group has offered to sell royalty services platform Curve in an attempt to address EU competition concerns over its $775 million bid for...