Italy's Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift toward the production of more renewable energy.
Volkswagen's core VW autos division said on Wednesday that EU requirements on curbing emissions and other climate-related demands would cause profitability to stall between 2018 and 2020.
Last March, executives at General Electric Co's power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power's revenue and profit would rise.
