The lower guidance comes the carmaker looks to close plants in Germany for the first time in its 87-year history
The company needs fresh ideas to fix its messy integration of Terminix
First vessel of new Zhou class was being prepared for sea trials
Elon Musk’s SpaceX is pushing to loosen power limits on transmissions in low Earth orbit, a move that some fear could give upstart US operators more power
Move from Swedish prosecutors comes as the battery start-up struggles to raise fresh capital
Global airlines look to new fuels and radical designs to offset rising carbon emissions
Maker of Peugeot, Fiat and Jeep cars tries to find substitute for man who built the group
UK government selects four companies to proceed to next stage of negotiations
World’s largest chemicals group to cut capital expenditure and plans partial listing of agricultural unit
Companies often evolve through restructuring. As investors, we have to be on top of the detail
Lords committee says mooted boost in defence spending ‘may not be enough’
Supplier Spirit AeroSystems will begin furloughs in three weeks if a strike at its largest customer continues
Shifting production to Europe will give the carmaker an edge over Chinese rivals
Trian head of research Brian Baldwin appointed as non-executive director following profit warning at pest control group
Also in this newsletter: A petition for a referendum on Italian citizenship gains traction
Industry minister Adolfo Urso warns of large-scale job losses among carmakers unless Green Deal rules are relaxed
Calls mount for Volkswagen chief to focus on restructuring as management tries to close German factories and cut jobs
Trade restrictions may start a new trend of automakers assembling EVs overseas
Owner of Dulux paint seeks to ‘become more agile’ after shrinking workforce by roughly 5%
The country has increased spending on arms dramatically but remains a laggard in domestic production
Company says improved pay and retirement terms represent ‘best and final’ proposal
Allegations arrive as plastics play a growing role in supporting oil demand
Move prompted by fears Beijing could collect data on American drivers and hack internet-connected cars
Europe’s leading battery maker is downsizing as it struggles to build up production amid slowing shift to electric vehicles
Chief executive says new partners needed if EU constellation project fails to reach agreement
