Haiden Holmes 
On Thursday, Solvay (EBR:SOLB) raised its annual free cash flow forecast due to higher profitability. With Mexico’s Orbia, it made battery materials in the US.
Written by: Haiden Holmes
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On Friday, Europe’s largest home appliance producer, Electrolux, posted a third-quarter loss as expenses soared, particularly in North America, and demand declined. Inflation and high borrowing rates anticipated additional reductions.
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Volkswagen said supply constraints were the new normal as Porsche’s IPO, a self-driving firm write-off, and parts shortages kept its third-quarter profitability below pre-crisis levels.
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According to a preliminary deal reached between the two companies on Tuesday, Tata Steel’s Dutch affiliate would provide “green” steel to Ford operations in Europe after 2030.
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On Monday, Credit Suisse Group paid the French government 238 million euros ($234 million) to resolve a tax fraud and money laundering complaint.
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