Growing demand for electric car batteries will cause prices of the main materials to surge, Goldman Sachs analysts said in a March 18 note. That in turn will drive prices of batteries higher by about 18%, affecting the total profit of electric car makers, the Goldman analysts said. Limited availability of nickel suitable for car batteries could even accelerate a […]

TOKYO (Reuters) – An expansion of Japan’s factory activity gathered pace in March, a private sector survey showed on Wednesday, helped by the prospect of a global economic recovery as an increasing number of countries roll out COVID-19 vaccines.FILE PHOTO: An employee works at a beer production line at Japanese brewer Kirin Holdings’ factory in Toride, Ibaraki Prefecture, Japan July […]

FILE PHOTO: The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann(Reuters) – Tesla Inc’s use of in-car cameras to record and transmit video footage of passengers to develop self-driving technology raises privacy concerns, influential U.S. magazine Consumer Reports said on Tuesday. Consumer Reports said the usage potentially undermines the […]

BRUSSELS (Reuters) – The European Commission will on Wednesday extend EU powers to potentially block COVID-19 vaccine exports to Britain and other areas with much higher vaccination rates, and to cover instances of companies backloading contracted supplies, an EU official said.Vials with Pfizer-BioNTech, AstraZeneca, and Moderna coronavirus disease (COVID-19) vaccine labels are seen in front of a European Union (EU) […]

FILE PHOTO: A woman receives an Oxford-AstraZeneca coronavirus disease (COVID-19) vaccine at a COVID-19 vaccination centre at Cwmbran Stadium in Cwmbran, South Wales, Britain February 17, 2021. Geoff Caddick/Pool via REUTERS/File PhotoLONDON (Reuters) – Booster COVID-19 jabs could be needed in the autumn to prevent another wave of infection, Britain’s chief scientific adviser said, although he added that there were […]

BRUSSELS (Reuters) – The European Commission will on Wednesday extend EU powers to potentially block COVID-19 vaccine exports to Britain and other areas with much higher vaccination rates, and to cover instances of companies backloading contracted supplies, an EU official said.Vials with Pfizer-BioNTech, AstraZeneca, and Moderna coronavirus disease (COVID-19) vaccine labels are seen in front of a European Union (EU) […]

DUBAI (Reuters) – Yemen’s internationally recognised government declared a health emergency in areas under its control, as infections in a second wave of a coronavirus epidemic surge.FILE PHOTO: People arrange a grave after a burial at a cemetery where victims of the coronavirus disease (COVID-19) are buried in Taiz, Yemen June 24, 2020. REUTERS/Anees Mahyoub/File PhotoYemen’s six-year war has restricted […]

LONDON (Reuters) – Amazon.com is to cut its stake in Deliveroo to 11.5% from 15.8% when the British food delivery company goes public via an initial public offering, its IPO prospectus said.A deliveroo delivery drivers waits to pick up an order outside a coffee shop in the centre of Manchester, Britain, March 8, 2021. REUTERS/Phil NobleDeliveroo this week began roadshows […]

FILE PHOTO: Empty vials of Oxford/AstraZeneca’s COVID-19 vaccine are seen at a vaccination centre in Antwerp, Belgium March 18, 2021. REUTERS/Yves HermanBRUSSELS (Reuters) – The European Commission’s chief vaccine negotiator Sandra Gallina said on Tuesday the European Union will use all available means to secure COVID-19 vaccine produced by AstraZeneca. She did not elaborate on which tools would be used, […]