Europe

Business, Logistics, Top 50

Royal Mail Hands $540 Million to Investors on Parcel Windfall

Royal Mail Hands $540 Million to Investors on Parcel Windfall An employee sorts through a trolley of parcels the Royal Mail Plc sorting office in Chelmsford, U.K. (Chris Ratcliffe/Bloomberg)

Royal Mail Plc will return $540 million to shareholders, saying it’s increasingly confident that the online shopping boom spurring parcel deliveries will persist.

Christopher Jasper | Bloomberg News
November 18, 2021
Government, Business, Fuel, Logistics

European Energy Prices Surge to Records as Supply Crisis Spreads

Europe Carrier Rudolf Samoylovich delivers and bunkers gas at the Port of Rotterdam. (Peter Boer/Bloomberg News)

European energy markets from natural gas to carbon permits jumped to records, signaling the supply shortage will get worse just as the winter season starts. Stockpiles of everything from gas to coal and Norwegian water for electricity production are dwindling and there are few signs the situation will improve anytime soon as demand continues to roar back from a pandemic-driven lull.

September 28, 2021
Government, Business, Technology, Logistics

Germany Set to Agree to Higher CO2 Price for Transport, Heating

Germany Berlin skyline via Getty Images

Germany’s two houses of parliament are poised to more than double the starting price for carbon dioxide emissions from the transport and heating industries when the charge is introduced in 2021.

December 16, 2019
Government, Business, Technology, Fuel

Germany Edges Out Norway as Europe’s Biggest Electric Car Market

Renault ZOE model A participant inspects a Renault Zoe model at COP22 village in Marrakech, Morocco, on Nov. 8, 2016. (Mosa'ab Elshamy/Associated Press)

Germany has pulled ahead of Norway for sales of all-electric cars since the start of the year, putting Europe’s biggest auto market in position to become the regional leader on an annual basis for the first time.

Oliver Sachgau | Bloomberg News
December 9, 2019
Business, Technology, Logistics

Ford to Cut 20% of European Workforce in Sweeping Overhaul

Ford Daniel Acker/Bloomberg News

Ford Motor Co. will eliminate about 20% of its workforce across Europe in a sweeping overhaul to tackle the carmaker’s falling sales in the region and lift weak profitability.

Oliver Sachgau | Bloomberg News
June 27, 2019
Business, Technology, Logistics

Amazon Launches Click-and-Collect Counters With U.K.’s Next

Amazon Alex Kraus/Bloomberg News

Amazon is launching a delivery option that will let customers retrieve parcels from staffed counters at U.K. and Italian retailers, aiming to take advantage of the popularity of click-and-collect services across Europe.

Deirdre Hipwell | Bloomberg News
May 14, 2019
Business, Technology, Logistics

Tesla CEO Elon Musk Correctly Called European Slump for April

Tesla Tesla vehicles preparing to be shipped overseas. (Odin Jaeger/Bloomberg News)

Tesla Inc.’s deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musk’s prediction for “lumpy” results.

Oliver Sachgau | Bloomberg News
May 3, 2019
Government, Business, Logistics

UK Trucker Shortage to Worsen After Brexit, Haulage Group Says

Brexit Luke MacGregor/Bloomberg News

Brexit is set to exacerbate a chronic shortage of drivers among U.K. haulage companies, according to a study from the International Road Transport Union.

March 21, 2019
Business, Technology, Logistics

BMW Pushes on With UK-Made Electric Minis as Brexit Looms

BMW Luke Sharrett/Bloomberg News

BMW AG will start production of an electric Mini model in the U.K. later this year even as carmakers grapple with the implications of the latest twist to Britain’s exit from the European Union.

Oliver Sachgau | Bloomberg News
March 20, 2019
Government, Business, Fuel

CO2 Caps Coming for Trucks in European Union

EU Jasper Juinen/Bloomberg News

European Union negotiators agreed to impose caps on carbon dioxide from trucks for the first time, stepping up the fight against climate change with a challenge to manufacturers such as Daimler AG.

Jonathan Stearns | Bloomberg News
February 19, 2019

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