IKEA takes 80% stake in Vestas wind farms

Source: Dukascopy Bank SA
The owner of the majority of IKEA stores, Ingka Group, announced on Friday it was set to acquire 80% stake in the Romanian wind farms currently owned by Vestas, the wind turbine maker, in a deal worth $151M.
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Fri, 13 Sep 2019 11:49:28 GMT

Toyota starts using Tesla-style batteries for China hybrids

Toyota Motor Corp is now using Tesla-style cylindrical batteries, made by Panasonic Corp, for its plug-in China hybrids, such as new Corolla and Corolla sedans, according to Reuters.

Fri, 13 Sep 2019 10:12:56 GMT

France calls on EU to create rules on cryptocurrencies

France's Finance Minister stated on Friday that the European Union must create a set of rules on cryptocurrencies, which are currently unregulated in the EU bloc, due to a necessity to counter possible risks posed by the Facebook-made virtual currency Libra.

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