LONDON (Reuters) – Britain has set a fast pace in the electric vehicle race with its 2030 ban on sales of new fossil fuel-powered cars and has offered 1 billion pounds ($1.4 billion) to jump start its battery industry and associated supply chain.FILE PHOTO: Britain’s Prime Minister Boris Johnson visits the Envision AESC Holding Ltd. battery manufacturing facility inside the […]

TOKYO (Reuters) – The so-called bubble to control COVID-19 infections at the Olympic Athlete’s Village in Tokyo is already “broken” and poses a risk of spreading infections to the general populace, a prominent public health expert said on Tuesday.Slideshow ( 2 images )Games officials on Sunday reported the first COVID-19 case among competitors in the athletes’ village in Tokyo where […]

A man on a jet ski returns a flamingo swim tube to tourists, amid the outbreak of the coronavirus disease (COVID-19) in the south of the island of Gran Canaria, Spain, July 19, 2021. REUTERS/Borja SuarezMALAGA (Reuters) – Spain reported a new jump in its COVID-19 infection rate on Monday, with 61,628 cases registered since Friday, just as fully vaccinated […]

With the first week of the June-quarter earnings season behind us, we are looking ahead to what the coming week has in store. On Friday, we previewed three companies scheduled to report quarterly results after Monday’s closing bell: IBM, PPG and Steel Dynamics. We also have previewed four firms that are set to report earnings before markets open on Tuesday […]

MILAN (Reuters) -Telecom Italia (TIM) said on Monday it would miss a goal to stabilise core profit this year due to higher costs linked to a partnership with streaming service DAZN to distribute Italy’s top-flight soccer matches.FILE PHOTO: Telecom Italia’s logo for the TIM brand is seen on building roof downtown Milan, Italy, May 20, 2016. REUTERS/Stefano Rellandini/File PhotoThe accord […]

European stocks are expected to open sharply lower on Monday as markets digest the latest OPEC + announcement regarding oil production and continue to brood on inflation. Britain's FTSE is seen opening 50 points lower at 6,953, Germany's DAX 85 points lower at 15,440, France's CAC 40 down 36 points at 6,416 and Italy's FTSE MIB down 208 points at 24,472, […]