European Stocks Rise as Investors Await Economic Data
European stocks rose on Monday morning as investors reflect on the recent U.S. debt ceiling discussion and Turkish election while awaiting a slew of incoming economic data.
The European STOXX 600 index edged 0.2% higher with the insurance and mining sectors spurring the biggest gains. The...
Siemens Buys into Volkswagen’s EV Charging Stations Electrify America
German automaker Volkswagen welcomed multinational conglomerate Siemens into its Electrify America venture. As a result, Siemens acquired a minority stake in Volkswagen's network of electric vehicle (EV) fast-charging stations with a joint investment of $450 million.
"With our additional investment in Electrify America, we are...