Tesla’s sales in Germany plunged 59 percent in January, the month when Elon Musk, the company’s chief executive and a close adviser to President Trump, chided Germans for focusing too much on “past guilt” for Nazi-era crimes and urged voters to support a nationalist party in the country’s general election. As Mr. Musk has been … Read more
The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain and an unexpected slowdown in inflation. But it warned that there would be a temporary pickup in inflation and that a possible global trade war could weigh on the economy. … Read more
Rasmus Errboe, the new chief executive of the Danish offshore wind developer Orsted, sounded as if he had inherited a mess as he explained a 25 percent paring of the company’s investment plans on Thursday. Over the past two years, Orsted has backed away from some huge wind projects it planned to build off the … Read more
C. Richard Kramlich, an early investor in Silicon Valley who co-founded the investment giant New Enterprise Associates, helping to fuel the booming tech industry, died on Saturday at his home in Oakville, Calif., in the Napa Valley. He was 89. His death was announced by New Enterprise Associates. Mr. Kramlich (pronounced CRAM-lick), whose career spanned … Read more
An artificial intelligence race is heating up between the United States and China — but don’t count Europe out. That was the pitch that President Emmanuel Macron of France made on Monday as Paris hosted an A.I. summit, where government leaders, top tech executives and academic experts have gathered to discuss the hopes surrounding A.I., … Read more
European leaders vowed on Tuesday to retaliate after President Trump announced that he would raise tariffs on aluminum and steel to 25 percent, even as they held out hope for a potential deal that could stave off painful effects for a weakened economy. European Union officials have argued that Europe and the United States are … Read more
Murray Auchincloss, the chief executive of the struggling energy giant BP, promised “a fundamental reset” of the company’s strategy on Tuesday while reporting disappointing earnings. The shift comes after a long period of lackluster share performance compared with its industry peers. BP’s share price has perked up in recent months, but its perceived weakness and … Read more
The British economy eked out growth at the end of last year, data published on Thursday showed, slightly easing the pressure on the government as it tries to quicken the pace of economic growth. Gross domestic product increased 0.1 percent in the last three months of 2024, following zero growth in the previous quarter. Most … Read more
The Jacksonville Jaguars, after 72 hours of intrigue, followed this template and hired Tampa Bay’s offensive coordinator, Liam Coen, 39, for more than $11 million a season. At first, Coen turned down the job and accepted a raise from Tampa that would have made him the highest-paid coordinator in the league at more than $4 … Read more