U.S. energy storage market to nearly triple this year: report
(Reuters) – U.S. deployments of energy storage systems will nearly triple this year thanks to sharply lower costs and state policies that support the case for installing batteries in homes, businesses and along the power grid.
Peugeot boss demands government commitments on electric-car charging networks
GENEVA (Reuters) – PSA Group boss Carlos Tavares said he will introduce demands that EU governments commit to develop electric-car networks in exchange for previously agreed CO2 emissions goals taking effect in 2020-21, backed by heavy fines.
Kuroda’s tough task: navigating the long road toward stimulus exit
TOKYO (Reuters) – When Bank of Japan Governor Haruhiko Kuroda spooked markets last week with talk of winding down the bank’s crisis-mode stimulus, he was describing a goal on the distant horizon – not warning of an imminent shift, say sources familiar …
Kobe Steel CEO to quit over data fraud scandal
TOKYO (Reuters) – Kobe Steel Ltd said on Tuesday its CEO will step down to take responsibility for a widespread data fraud scandal, although doubts remain over a corporate culture mired in malfeasance and the possibility of future fines.
Air Berlin creditors sue Etihad for damages over insolvency: source
FRANKFURT (Reuters) – Creditors of insolvent Air Berlin have decided to sue former parent Etihad Airways for damages over the insolvency of the German carrier, a person close to the matter said.
Ryanair to use ‘pretty much all’ of Boeing 737 buying options
BRUSSELS (Reuters) – Ryanair expects to exercise “pretty much all” of the options it has to buy Boeing’s 737 MAX 200 jets, chief executive Michael O’Leary said on Tuesday.
Diesel collapse gives automakers carbon headache
GENEVA (Reuters) – The accelerating demise of diesel, long used by carmakers to boost fuel-efficiency, is undermining their plans to meet looming European Union CO2 goals and avoid big annual fines.
Kobe Steel CEO to quit on data fraud, doubts linger over culture, fines
TOKYO (Reuters) – Kobe Steel Ltd said on Tuesday its CEO will step down to take responsibility for a widespread data fraud scandal, although doubts remain over the company’s corporate culture and possible fines.
Asian shares regain ground as Trump faces pushback on tariffs
TOKYO (Reuters) – Asian shares regained ground on Tuesday after U.S. President Donald Trump faced growing pressure from political allies to pull back from proposed steel and aluminum tariffs, easing investor worries about an imminent trade war.
Kobe Steel finds more malfeasance, to overhaul board
TOKYO (Reuters) – Kobe Steel Ltd said on Tuesday that an external investigation into a data-cheating scandal had found a new case of inappropriate corporate behavior.
