Bloomberg Top German industries could face collapse because of cuts in the supplies of Russian natural gas, the country’s top union official warned before crisis talks with Chancellor Olaf Scholz starting Monday. “Because of the gas bottlenecks, entire industries are in danger of permanently collapsing: aluminum, glass, the chemical industry,” said Yasmin Fahimi, the head of the German Federation ...

  Bloomberg The number of UK house sales fell in May, the latest sign that the red-hot property market is starting to cool. Sales agreed in May were down 13% year-on-year, according to Zoopla’s UK House Price Index report. The average time to agree a sale is also rising — taking 22 days in May, from 20 days in March. ...

  Bloomberg Volvo Car AB plans to build a $1.3 billion electric-vehicle factory in Slovakia, the company said. The new plant will be able to produce 250,000 electric cars per year, part of the company’s goal of reaching annual sales of 1.2 million cars by 2025 and switching its entire lineup to battery-powered vehicles by the end of the decade. ...