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Adidas to take a $250m hit to end deal with Ye

Adidas shares fell as much as 5.8% in Frankfurt to reach their lowest level since 2016

United statesFrance generalKanye westKasper rorstedWall streetYe adidasBloomberg newsBloomberg comWhite lives matterNorth americaHttp bloomberg comUsiness live

Volkswagen seals raw materials deal with Canada

Company wants access to nickel, cobalt and lithium for electric vehicle and battery production

United statesJustin trudeauRobert habeckOlaf scholzJoe bidenGerman chancellor olaf scholzInflation reduction actPrime minister justin trudeauCanada companyHerbert diessNorth americaMercedes benzBloomberg comBloomberg newsHttp bloomberg comGroup of seven

Chinese battery maker aims to supply Tesla from Mexico plant

Contemporary Amperex Technology controls more than 30% of the global EV battery market

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EU ruling opens door to legal claims against carmakers

Use of software that changes pollution emissions in cold weather may be illegal

Peter kolbaEu courtMercedes benz groupEu court of justiceBloomberg comBloomberg newsHttp bloomberg comUsiness live

Kremlin s gas-for-roubles demand threatens Europe s gas supply

Europe risks rationing energy if Putin refuses suggested alternative to payment terms

Kaushal rameshOlaf scholzMarkus krebberRystad energyVladimir putinKatja yafimavaOxford institute for energy studiesBloomberg comSouthern hemisphereBloomberg newsHttp bloomberg comUsiness live

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