Bloomberg Ford Motor Co projects a 12% drop in US sales this year as production bottlenecks worsen, Automotive News reported. Executives told dealers they now see US deliveries of 1.66 million vehicles this year, down from 1.9 million in 2021, the publication said, citing two people present at the meeting. The US automaker has already lost 100,000 units of …

  Bloomberg The French government is considering whether to revive an ambitious plan to nationalise debt-laden Electricite de France (EDF) SA and reorganise its business with a focus on nuclear production, people with knowledge of the matter said. The energy market chaos exacerbated by the Russian invasion of Ukraine is giving fresh impetus to France’s long-mooted push to restructure its …

  Bloomberg China Three Gorges Corp is exploring an initial public offering of its Brazilian unit as the Chinese energy giant seeks to raise funds for expansion in Latin America, according to people familiar with the matter. The Chinese state-owned company has held talks with prospective advisors to prepare for the potential share sale in Sao Paulo, which could raise …