Banking stocks are enduring fresh, steep losses on Wednesday as concern over the health of US banks crosses the Atlantic. Credit Suisse shares plunged to new record lows following comments by its largest investor that it could not provide the Swiss bank with more financial assistance. Switzerland’s second-largest bank, no stranger to crisis over the
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Wind turbine rotor firm Gulf Wind Technology and Shell New Energies US will together develop hurricane-proof wind turbines unique to the Gulf of Mexico.. Shell has committed $10 million to create the Shell Gulf Wind Technology Accelerator program with Louisiana-based Gulf Wind Technology, which specializes in developing hurricane-proof wind turbine technology. The accelerator program aims
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Mar 14, 2023 The Ireland women’s rugby team will swap their traditional white shorts and make a permanent switch to navy shorts after players voiced concerns about period anxieties, the country’s rugby union (IRFU) said on Tuesday. The navy shorts will be worn for the first time by the team when they take on Wales
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Following a meeting amongst transport ministers from several EU countries on Monday, Germany has now formed an alliance with Italy and additional territories in Eastern Europe in opposing the commission’s proposed ban on combustion cars by 2035 until exemptions are added for vehicles propelled entirely by carbon-neutral e-fuels. The saga continues. Throughout 2022, European Parliament,
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Tesla has decided to walk away from millions of dollars in public funding for Superchargers in California due to a requirement to integrate a payment system. Public money is flowing into electric vehicle charging infrastructure right now. There’s the $7 billion from the federal government that is about to be distributed, but other grants are
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After battery electric vehicle (BEV) sales rose 26% in 2022, Volkswagen is doubling down on its EV strategy, investing nearly $200B (€180 billion) over the next five years to ramp production. Despite overall delivery totals falling 7% in 2022, Volkswagen says it remains well positioned for future growth. The Volkswagen Group delivered 572,100 electric vehicles
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