Oil rises as traders await OPEC+ meeting on extending supply cuts
SEOUL (Reuters) – Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will…
AstraZeneca scores twin drug approvals alongside vaccine progress
(Reuters) – Britain’s AstraZeneca has clinched expanded regulatory backing for two medications, including one for blockbuster cancer treatment Lynparza, in a development pipeline that now includes a possible coronavirus vaccine.…
Jaguar seeks state loan as coronavirus pandemic takes toll: Sky News
Jaguar Land Rover unveils the new Jaguar F-Type model during its world premiere in Munich, Germany, December 2, 2019. REUTERS/Michaela Rehle (Reuters) – Jaguar Land Rover (TAMO.NS) is in talks…
EasyJet founder fails to oust management, proxy votes show
FILE PHOTO: An Easyjet plane takes off from Manchester Airport in Manchester, Britain January 20, 2020. REUTERS/Phil Noble/File Photo LONDON (Reuters) – EasyJet (EZJ.L) said founder Stelios Haji-Ioannou had failed…
Oil up on lower U.S. stocks, firmer demand
LONDON (Reuters) – Oil prices firmed on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories, but worries over the economic fallout from the coronavirus pandemic…
Beaches, parks busy as Europe heat wave and U.S. spring test new coronavirus rules
(Reuters) – Summer weather is enticing much of the world to emerge from coronavirus lockdowns as centers of the outbreak from New York to Italy and Spain gradually lift restrictions…
Coronavirus updates: 14 other states have COVID-related illness in kids, Cuomo says
A pandemic of the novel coronavirus has now killed more than 296,000 people worldwide. More than 4.3 million people across the globe have been diagnosed with COVID-19, the disease caused…
Airbus examining restructuring including job cuts: sources
PARIS/TOULOUSE (Reuters) – Airbus (AIR.PA) is drawing up plans for a restructuring involving the possibility of “deep” job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands…
UK’s COVID-19 death toll tops 38,000, worst in Europe
LONDON (Reuters) – The United Kingdom’s COVID-19 death toll topped 38,000 as of early May, by far the worst yet reported in Europe, raising questions about Prime Minister Boris Johnson’s…
Green hydrogen’s time has come, say advocates eying post-pandemic world
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance…