Bloomberg Renault SA will invest 128.5 million euros ($144 million) for a 50 percent stake in a venture with Jiangling Motors Corp (JMC) to develop electric vehicles in China, part of a push by the French company to make further inroads into the world’s biggest car market. The Chinese entity was created in 2015 and already holds certification to manufacture ...

Bloomberg Europe’s carbon market is nearing the psychologically important threshold of 30 euros ($33.70) a ton after signs the region will tighten rules on polluters and curtail supplies of allowances. The value of the securities that cover greenhouse gas emissions from industry and utilities has almost doubled in the past year, finishing at their strongest weekly close since 2006. That ...

Bloomberg After a scorching weekend across the US east coast, it’s Europe’s turn to dial up the air conditioners and fans this week. Temperatures could rise as high as 34 degrees Celsius (93 Fahrenheit) by Wednesday in London and other parts of Britain, compared with about 21 Celsius now, according to the Met Office. Paris is forecast to be as ...