Bloomberg Siemens Gamesa Renewable Energy agreed to sell its European onshore wind portfolio to Scottish utility SSE for $630 million. It’s the first major divestment for CEO Jochen Eickholt after he was promoted last month to try to turn the turbine maker around as project delays and cost overruns led to profit warnings. The industry is grappling with soaring commodity ...

Remember Azovstal. Some phrase like that could soon take the part of “Remember the Alamo” Azovstal is a giant steel plant in Mariupol, the city in eastern Ukraine that Russian forces are pounding into submission and, in effect, extinction. In it, a couple of thousand Ukrainian troops, sheltering a smaller number of civilians, are holding out under constant Russian bombing ...

In 2015, German entrepreneur Michael Cassau was in need of some gadgets for an apartment he was planning to occupy for a few months. Buying seemed wasteful, considering the cost of new devices and the environmental impact associated with manufacturing new ones. But renting, an obvious option, simply wasn’t available. So Cassau founded Grover Group, a gadget rental company based ...