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Running low on battery power: Brexit Britain faces an acid test
By Nick Carey and Barbara Lewis LONDON (Reuters) - Britain has set a fast pace in the electric vehicle race with its 2030 ban on sales of new fossil fuel-powered cars and has offered 1 billion pounds ...
Syndicated Content Jul 20, 2021
Truckmaker Volvo profit just misses view as chip shortage weighs
STOCKHOLM (Reuters) - Sweden's AB Volvo reported second-quarter core earnings slightly below market expectations on Tuesday as the truckmaker juggled strong demand for its vehicles with intense pressu...
Syndicated Content Jul 20, 2021
Olympics-Swimming-Six Polish swimmers sent home from Japan after admin blunder
(Reuters) - The president of Poland's swimming federation (PZP) has apologised after six athletes were sent home from the Tokyo Games due to an administrative error. Poland had sent 23 swimmers to Jap...
Syndicated Content Jul 20, 2021
Russia, Uzbekistan to hold military drills near Afghan border – Ifx
MOSCOW (Reuters) - Russia and Uzbekistan will hold joint military drills in Uzbekistan near Afghan border from July 30 to Aug. 10, Interfax news agency cited Russia's armed forces as saying on Tuesday...
Syndicated Content Jul 20, 2021
China Evergrande slumps as investor worries deepen
SHANGHAI (Reuters) - Shares and bonds in China Evergrande, the country's most indebted developer, plunged for a second day on Tuesday, after sales of two real estate projects were suspended by local a...
Syndicated Content Jul 20, 2021
Telenor quarterly profit misses consensus
STOCKHOLM/OSLO (Reuters) - Norway's Telenor posted weaker-than-expected second-quarter adjusted operating earnings on Tuesday but slightly raised its full-year revenue outlook. Adjusted earnings befor...
Syndicated Content Jul 20, 2021
LVMH to buy 60% stake in Virgil Abloh’s Off-White fashion label
PARIS (Reuters) - French luxury group LVMH said on Tuesday it had agreed to buy a 60% stake in Off-White LLC, the trademark owner of designer Virgil Abloh's Off-White steetwear label. Abloh will retai...
Syndicated Content Jul 20, 2021
Twitter temporarily blocks U.S. Republican Greene for COVID-19 posts
(Reuters) - Twitter Inc on Monday said it temporarily suspended Republican U.S. Representative Marjorie Taylor Greene's account for tweets which violated the social media's misinformation policy on CO...
Syndicated Content Jul 20, 2021
UBS extends winning streak in second quarter as wealth management business booms
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Swiss bank UBS on Tuesday posted a 62.8% rise in second-quarter net profit, as buoyant markets continued to help the world's largest wealth manager generat...
Syndicated Content Jul 20, 2021
Factbox: Jeff Bezos’ journey from suburban garage to edge of space
(Reuters) - U.S. business mogul Jeff Bezos, founder of Amazon.com Inc, is set to launch into space aboard his company Blue Origin's New Shepard rocket on Tuesday, nine days after rival Richard Branson...
Syndicated Content Jul 20, 2021
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