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UK regulator agrees water bill price cuts with three firms

(Reuters) – Britain’s water industry regulator said on Thursday it agreed reductions in bills of between 5 percent and 15 percent with three of the country’s main utilities in its draft approvals of their pricing and investment plans for the Read more ›

Former energy executive David Crane is on a mission to save the planet

NEW YORK (Reuters) – What if one of the largest U.S. coal-burning utilities became a leader in green energy? When David W. Crane was chief executive of NRG Energy, he pursued that vision, pushing the company to transform itself by Read more ›

Volkswagen’s Porsche to stop offering diesel models

FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) Porsche will stop offering diesel versions of its cars, the unit said on Sunday, sharpening its focus on hybrid and battery-powered vehicles instead. A Porsche logo is pictured during the Volkswagen Group’s annual general meeting Read more ›

Carney warns of ‘no-deal’ Brexit house price crash – newspaper

LONDON (Reuters) – Britain’s property market would crash and mortgage rates spiral up in the event of a chaotic no-deal Brexit, with house prices falling 35 percent over three years, Bank of England Governor Mark Carney told ministers, The Times Read more ›

Flood waters rise, eight killed as Florence dumps ‘epic’ rain on Carolinas

WILSON, N.C. (Reuters) – Tropical Storm Florence dumped “epic” amounts of rain on North and South Carolina as it trudged inland on Saturday, knocking out power and causing at least eight deaths as flood waters that have devastated many communities Read more ›

Brexit talks ‘closing in on workable solutions’, Raab says

LONDON (Reuters) – British and European Union negotiators are “closing in on workable solutions” to the outstanding issues in Brexit talks, Britain’s Brexit Secretary Dominic Raab said after a phone call with EU chief negotiator Michel Barnier. Britain’s Secretary of Read more ›

Volkswagen emissions manipulation also extended to petrol cars: Bild am Sonntag

FRANKFURT (Reuters) – Volkswagen (VOWG.DE) engineers have told investigators that certain petrol engines in VW, Audi and Porsche vehicles can be used to manipulate emissions tests, Sunday paper Bild am Sonntag said. FILE PHOTO: A Volkswagen logo is pictured at Read more ›