Business

Amazon plans to invest $2.5 billion in Spain

Amazon cloud computing unit AWS plans to invest $2.5 billion in Spain over the next 10 years which will create over 1,300 jobs, the US e-commerce giant said Wednesday.

Business

Auto suppliers hit as GM strike in US grinds on

As the General Motors strike grinds on, more auto suppliers and contractors are sending workers home, adding to the economic drag on Michigan and other US midwestern car manufacturing hubs.

Automotive

Spain aims EU funds for boost to electric car industry

The Spanish government will invest 4.3 billion euros ($5.1 billion) from its share of European pandemic recovery funds to revamp its automobile industry and steer it toward manufacturing electric vehicles and their components, ...

Energy & Green Tech

Energy transition at risk from commodity market fragmentation: IMF

Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity markets, threatening to slow the transition to renewable energy as the world looks to combat climate change, the International Monetary Fund ...

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