Senate Democrats propose $73 billion to shift U.S. to EV transit buses

FILE PHOTO: A bus driver of New York City The Metropolitan Transportation Authority (MTA) bus system wears a face mask to prevent infections during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., April 22, 2020. REUTERS/Eduardo MunozWASHINGTON (Reuters) – Two U.S. Senate Democrats on Tuesday proposed spending $73 billion to electrify the nation’s 70,000 […]

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Ferrari postpones 2022 targets due to pandemic, shares dip

MILAN (Reuters) -Ferrari on Tuesday postponed its 2022 financial targets by a year due to the pandemic despite reporting a record order book, sending shares in the luxury carmaker lower.Slideshow ( 2 images )“We expect the prudent steps we took in 2020 and are continuing in 2021 to adjust our expenditure in response to the COVID-19 emergency, will postpone by […]

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Fareed: A second lockdown in India is 'impossible'

London / New York (CNN Business)Big banks and accounting firms do most of their business in New York, London, Hong Kong and Tokyo. But they wouldn’t be able to function without their back offices, many of which are located in Covid-stricken India. Financial services firms have outsourced a huge number of information technology and operations jobs to India in recent […]

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CVS raises outlook on COVID-19, Medicare products

‘Healthvana’ offers digital vaccine records, healthcare communication platform Healthvana CEO Ramin Bastani explains how the platform allows patients to keep a digital record of their COVID-19 vaccinations. CVS Health hiked its 2021 forecast and beat Wall Street's first quarter as a growing insurance business countered hits the health care giant took from a weak cold and flu season. The company […]

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Pfizer’s COVID-19 vaccine lifts quarterly results

Pfizer CEO recommends US should plan for annual COVID-19 booster shots FOX Business contributor Dr. Janette Nesheiwat provides insight on ‘FOX Business Tonight’ Pfizer Inc. significantly increased revenue projections from its Covid-19 vaccine for the year, as sales from the shot over the first three months of 2021 lifted the company to a stronger quarterly profit. Pfizer said Tuesday that […]

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Thailand starts vaccination drive in crowded Bangkok district

BANGKOK (Reuters) – Thailand launched a campaign on Tuesday to vaccinate 50,000 people living in a crowded river-side district of the capital Bangkok, as the country tries to contain a third wave of coronavirus infections.Slideshow ( 5 images )Authorities aim to vaccinate about 70% of people in Khlong Toei, an area that is home to about 80,000 people, after more […]

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Shares near record peak, dollar shuffles higher

LONDON (Reuters) – World share indexes stayed near all-time highs on Tuesday and the dollar and government bond yields tip-toed higher, as some of the biggest global economies pushed on with easing COVID-19 restrictions.FILE PHOTO: FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese yen exchange rate against the U.S. dollar and stock […]

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Chevron pitches $100 million in New Mexico properties as oil M&A heats up

FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, April 25, 2013. REUTERS/Mike BlakeHOUSTON (Reuters) – Chevron Corp is offering to sell about 73,000 acres (29,540 hectares) of oil and gas properties in New Mexico, according to documents viewed by Reuters, as oil firms accelerate divestitures in a rebounding oil market. Sales in the Permian Basin […]

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Dollar extends gains as markets focus on U.S. data

LONDON (Reuters) – The U.S. dollar extended gains on Tuesday, partially unwinding a month long decline as investors weighed chances that interest rates will be forced higher by a roaring U.S. economic recovery and awaited upcoming data and policy speeches for clues.FILE PHOTO: A U.S. dollar note is seen in front of a stock graph in this November 7, 2016 […]

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