China’s CATL, the world’s largest battery maker, will delay a decision on building a multibillion-dollar factory in the US, due to the controversial visit by House Speaker Nancy Pelosi to Taiwan, Bloomberg reported on Tuesday.
The Spanish government will reportedly issue huge fines for non-compliance with energy restrictions prompted by the ongoing energy crisis in Europe. The penalties will range from up to €60,000 for minor offences, to a maximum of €600,000 for serious violations, Spanish newspaper El Mundo reported on Tuesday.