ZURICH (Reuters) – ABB unveiled two additions to its robot family on Wednesday which the Swiss engineering company expects will tap into increased demand for automated production after the COVID-19 crisis.FILE PHOTO: Head of ABB Robotics and Discrete Automation business Sami Atiya poses next to robots in Zurich, Switzerland February 22, 2021. Picture taken February 22, 2021. ABB/Oliver Baer/Handout via […]

Take a look at some of the biggest movers in the premarket: Lowe's (LOW) – The home improvement retailer reported quarterly profit of $1.33 per share, 12 cents a share above estimates. Revenue also came in above analysts' forecasts. Same-store sales jumped 28.1%, compared to the 22% predicted by analysts surveyed by FactSet. Lowe's shares gained 2.5% in premarket trading. […]

FILE PHOTO: Power generating windmill turbines are pictured during the inauguration ceremony of the new 25 MW ReNew Power wind farm at Kalasar village in the western Indian state of Gujarat May 6, 2012. REUTERS/Amit Dave (Reuters) – India’s largest renewable energy firm ReNew Power on Wednesday agreed to go public through a merger with blank-check firm RMG Acquisition Corporation […]

FILE PHOTO: Hungarian Prime Minister Viktor Orban arrives to attend a face-to-face EU summit amid the coronavirus disease (COVID-19) lockdown in Brussels, Belgium December 10, 2020. REUTERS/Yves Herman/PoolBUDAPEST (Reuters) – Hungary cannot yet ease its partial coronavirus lockdown as a third wave of infections has boosted new cases and only a small section of the population has received a vaccine […]

LONDON (Reuters) – Lloyds Banking Group’s outgoing Chief Executive António Horta-Osório set out fresh targets to expand the lender’s insurance and wealth business and further cut costs, as the bank resumed a dividend despite a sharp fall in profits for 2020.FILE PHOTO: A sign hangs outside a Lloyds Bank branch in London, Britain, February 21, 2017. REUTERS/Toby Melville/File Photo Britain’s […]

FILE PHOTO: Vials of the Sinopharm’s coronavirus disease (COVID-19) vaccine are pictured in Lima, Peru, February 9, 2021. REUTERS/Sebastian CastanedaBEIJING (Reuters) – The Sinopharm unit Wuhan Institute Of Biological Products Co said on Wednesday its COVID-19 vaccine had shown an efficacy rate of 72.51% against the disease in Phase III clinical trials, based on interim analysis. The company has filed […]

LONDON (Reuters) – Lloyds Banking Group’s outgoing Chief Executive António Horta-Osório set out fresh targets to expand the lender’s insurance and wealth business and further cut costs, as the bank resumed a dividend despite a sharp fall in profits for 2020.FILE PHOTO: A sign hangs outside a Lloyds Bank branch in London, Britain, February 21, 2017. REUTERS/Toby Melville/File Photo Britain’s […]

NAIROBI (Reuters) – The International Monetary Fund said on Tuesday it had agreed a blueprint for the completion of reviews of Ethiopia’s loan programme, taking account of the impact of the coronavirus and the country’s “domestic security situation”. The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File PhotoAgreed in […]