The automotive industry faces a shortage of batteries and raw materials in the coming years as part of its transition towards electric mobility, the head of Stellantis Carlos Tavares said on Tuesday.

The European Commission is considering new joint debt issuance by the 27-nation bloc, two EU officials said, to cover Ukraine's liquidity gap of 15 billion euros ($15.9 billion) over the next three months.

For more than two years, Isaac Larian has used every available tool to overcome global supply-chain bottlenecks and keep retailers stocked with enough Bratz and LOL Surprise! dolls to meet pandemic demand. Asked how he's preparing for this summer's West Coast port labor talks, the chief executive of Los Angeles-based MGA Entertainment deadpanned, "I'm praying two times a day." Larian and a half-dozen suppliers for major retailers like Walmart, Amazon.com and T

Greece's annual consumer inflation jumped to its highest level in 28 years in April at 10.2% on the back of surging costs for energy, housing, transportation and foods, official data showed on Tuesday.

Tesla Inc has halted most of its production at its Shanghai plant due to problems securing parts for its electric vehicles, according to an internal memo seen by Reuters, the latest in a series of difficulties for the factory.

Meta Platforms, owner of Facebook, on Tuesday criticised a landmark German antitrust order to curb its data collection as 'clearly flawed' and which undermines EU data protection rules.