Volkswagen core brand sees rise in 2021 deliveries, earnings

Slideshow ( 2 images )(Reuters) – Deliveries and earnings at Volkswagen’s core brand will rise year on year in 2021 as its new strategy starts to bear fruit, it said on Wednesday. The brand will deliver more than 450,000 electric cars this year, more than double the number of previous year, it said. This month, the world’s second-largest carmaker unveiled […]

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Amazon starts offering healthcare service to other employers

(Reuters) – Amazon.com Inc is expanding its virtual healthcare service to other Washington-state employers starting Wednesday and to its own employees nationwide this summer, the company said in a press release.FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal RossignolPiloted in September 2019 for staff near its Seattle headquarters, […]

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Dollar firms as U.S. yields march on ahead of Fed guidance

LONDON (Reuters) – The U.S. dollar firmed on Wednesday with 10-year Treasury yields hitting fresh 13-month highs ahead of a Federal Reserve policy meeting which could shed some light on the timing of future rate hikes and the central bank’s tolerance for rising yields.FILE PHOTO: U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/IllustrationWith […]

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Catalent to ramp up J&J vaccine production at Italian plant

FILE PHOTO: Vials labelled “COVID-19 Coronavirus Vaccine” and sryinge are seen in front of displayed Johnson&Johnson logo in this illustration taken, February 9, 2021. REUTERS/Dado Ruvic/Illustration(Reuters) – Contract manufacturer Catalent said on Wednesday it was scaling up manufacturing capacity for Johnson & Johnson’s COVID-19 vaccine at its Italian plant by adding a new vial-filling line. The line, added as part […]

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EU 'should probably help Russia' with Sputnik V vaccine, Commissioner says

FILE PHOTO: Vials of the Sputnik V (Gam-COVID-Vac) vaccine against the coronavirus disease (COVID-19) are pictured in a carriage in Irkutsk Region, Russia March 16, 2021. REUTERS/Evgeny KozyrevBRUSSELS (Reuters) – Sputnik V is “probably a good vaccine” for COVID-19 and the European Union should probably help Russia with production of the jab, a member of the bloc’s executive Commission said […]

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European shares slip ahead of Fed outcome; BMW races higher

(Reuters) – European stocks ticked lower on Wednesday as most investors stayed on the sidelines ahead of the U.S. Federal Reserve’s policy decision, while German carmaker BMW jumped after forecasting significant profit growth in 2021.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 11, 2021. REUTERS/StaffThe pan-European STOXX 600 index […]

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India's Modi says quick steps needed to stop second COVID-19 peak

FILE PHOTO: India’s Prime Minister Narendra Modi removes his face mask to address a gathering before flagging off the “Dandi March”, or Salt March, to celebrate the 75th anniversary of India’s Independence, in Ahmedabad, India, March 12, 2021. REUTERS/Amit DaveNEW DELHI (Reuters) – India needs to take quick and decisive steps soon to stop an emerging second “peak” of COVID-19 […]

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