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Germany, EU reach agreement in combustion engine row

Germany and the European Union announced Saturday that they have reached an agreement in their dispute over the future of cars with combustion engines, allowing the registration of new vehicles with such engines even after 2035 provided they use climate-neutral fuel only.

Cars give off exhaust fumes as children head to school in Frankfurt, Germany, on Monday, Feb. 27, 2023. (AP Photo/Michael Probst, File)

Taking Stock with Amanda Lang

 

Taking Stock is a complete round up of all the trending stories Canadians need to know from around the world of business, from finance to economic policies and everything in between, while breaking down the key takeaways of the most important stories that week. 

WATCH: Fridays at 6:00 p.m. ET on BNN Bloomberg and 9:00 p.m. ET on CP24, followed by an encore broadcast on Saturdays at 2:30 p.m. ET on CTV News Channel.

 

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Russia 'largely stalled' in Bakhmut, shifting focus, U.K. says

The top commander of Ukraine's military said Saturday that his forces were pushing back against Russian troops in the long and grinding battle for the town of Bakhmut, and British military intelligence says Russia appears to be moving to a defensive strategy in eastern Ukraine.

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