U.S. President Barack Obama will today announce a U.S. effort to improve tractor-trailer fuel economy about 20 percent by 2018, saving $50 billion in fuel costs over five years and decreasing carbon-dioxide emissions, administration officials said.
Michigan has 24 percent of U.S. jobs related to “clean” car technology, the most of any state, a report by the United Auto Workers union and two environmental groups said.
RWE AG, Germany’s second-largest utility, slumped to a seven-year low in Frankfurt trading after posting a quarterly loss and slashing full-year profit targets.
NKT Holding A/S said its cables unit won an order with 50Hertz Offshore GmbH worth about 750 million kroner ($143 million) for the offshore wind farm Baltic 2.
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