
Coal-dependent Poland will continue to reduce carbon emissions by replacing outdated power plants with coal-fired units based on new technology and by exploiting shale gas resources, the environment minister, Marcin Korolec said.

Coal-dependent Poland will continue to reduce carbon emissions by replacing outdated power plants with coal-fired units based on new technology and by exploiting shale gas resources, the environment minister, Marcin Korolec said.

Volvo CEO Samuelsson: “We are flexible enough to cope with the slightly lower volumes [in Europe] right now.” He says the company’s car production footprint in Europe is safe despite the region’s chronic overcapacity.

Daimler says CEO Dieter Zetsche and its executives acted correctly in the appointment of a new lobbyist. Daimler executives are under investigation for suspicion of “granting undue advantage” to German Chancellor Angela Merkel’s former aide, Eckart von Klaeden, who has joined the carmaker as a lobbyist.

The global boom in SUV sales is driving profits at UK-based supplier GKN Driveline, CEO Andrew Reynolds Smith said.

The nation’s and the world’s economy faces a lot of uncertainty. But American citizens, more than those of most other nations, have the resources to create a better economic future, largely on account of the country’s tradition of innovation.