A judge has found the rental car company short-changed its bondholders to the tune of $270mn
Tata Steel plans to replace its Port Talbot blast furnaces with a less-polluting electric arc furnace
Move in retaliation over sanctions could affect western nuclear reactors, many of which rely on Russian supplies
World’s biggest pest control group hit by slowdown in North America in blow to activist investor Nelson Peltz
About 2,500 jobs to be lost in shift to greener furnace at south Wales site
Emerging markets also using levies to force China to build manufacturing plants within their borders
State oil company Adnoc to make formal €14.4bn offer for Covestro in biggest European deal this year
None predicted just how fast China’s own industry would develop in the age of EVs
Chair of Indian parent company says talks with the British government are ‘going well’
Trade union responds by threatening strike action at Europe’s largest carmaker
German carmaker sets aside ‘high three-digit million amount’ for expected warranty payments
Pull towards Russia and China grows stronger, says boss of Kazatomprom
The Tesla boss opposes Biden’s EV tariffs on China, which begs the question of how he would cope with Trump’s duties
Swedish battery maker has been grappling with factory problems and slowing growth in European EV take-up
Limp purchasing managers’ indices in July and poor figures for new orders hint that Europe is heading for broader slowdown
Also in this newsletter: Why Dublin airport’s passenger cap is provoking the US
Top executives at Cariad sidelined in a deal that has upended German carmaker’s tech strategy
Yara International head calls for more government support in the production of green crop nutrients
Nassef Sawiris-led chemicals group agrees $2bn sell-off to Methanex as part of ambitious break-up plan
Industrial action by production workers would have piled new problems on struggling aerospace manufacturer
Reaction Engines needs new investment after losses deepen
Badly parked and abandoned vehicles cause frustration for local authorities
As the aerospace giant’s woes mount analysts ask whether it should exit a small but prominent business unit
Works council chair claims ex-CEO left company ‘empty-handed’ when it came to dual-fuel vehicles
Move by Jingye is expected before Christmas and would put at risk thousands of jobs
