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Struggling French tech group Atos weighs financial lifelines
Struggling French tech group Atos weighs financial lifelines
by  AFP

Struggling French tech group Atos, an Olympics partner and key French defence contractor, said Monday it would make a decision on financial restructuring offers by May 31. Atos said in a statement on Monday that its board had received four financial restructuring offers on Sunday.

EU election could force sharp turn in electric car policy
EU election could force sharp turn in electric car policy
by  AFP

A change at the top of European institutions could herald a change in the 2035 target to phase out sales of internal combustion engine cars even though the automotive industry is already well down the road towards transitioning to electric vehicles.

Europe's auto suppliers reach the end of the road
Europe's auto suppliers reach the end of the road
by  AFP

Emrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory where he works in northern Germany is slated to close. "Brakes or heat pumps, it's all the same to me," said Karaca, whose two parents both worked for Continental at the factory.

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