Canada's Just Energy forecasts $250 million loss from frigid Texas weather

(Reuters) – Canadian electricity and gas provider Just Energy on Monday raised doubts about its ability to continue as a going concern, after it forecast a $250 million loss from winter storms sweeping across Texas. The Ontario-based company, whose biggest shareholder is Pacific Investment Management Company (PIMCO), is the latest Canadian firm to suffer losses related to unusually U.S. cold […]

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U.S. House budget committee approves $1.9 trillion covid-19 aid bill

FILE PHOTO: Barbed wire and security fencing surrounds the U.S. Capitol in Washington, U.S., February 5, 2021. REUTERS/Sarah SilbigerWASHINGTON (Reuters) – The U.S. House of Representatives budget committee approved Monday a bill with $1.9 trillion in coronavirus relief, backed by President Joe Biden. The measure passed the panel on a vote of 19-16. The full House of Representatives hopes to […]

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European shares trim losses after ECB president's speech

(Reuters) – European shares trimmed early losses on Monday as comments from the region’s central bank brought down treasury yields, though inflation expectations and profit-taking in technology stocks dragged the benchmark index lower.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 18, 2021. REUTERS/Staff/File PhotoThe pan-European STOXX 600 index settled […]

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UK preparing for COVID-19 revaccination programme this year

FILE PHOTO: A vial of Astra Zeneca coronavirus vaccine is seen at a vaccination centre in Westfield Stratford City shopping centre, amid the outbreak of coronavirus disease (COVID-19), in London, Britain, February 18, 2021. REUTERS/Henry NichollsLONDON (Reuters) – Britain is preparing for a revaccination programme against COVID-19, likely to run later this year and consist of a single booster dose, […]

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