LONDON (Reuters) – Barclays (BARC.L) drew cautious investor support on Monday for setting itself an ambition to reach ‘net zero’ for its own carbon emissions and the activities it finances by 2050. FILE PHOTO: People queue at Barclays Bank in St Albans, as the spread of the coronavirus disease (COVID-19) continues, in St Albans, Britain,
NYSE-AMEX Options floor traders from TradeMas Inc. work in an off-site trading office built when the New York Stock Exchange (NYSE) closed, due to the outbreak of the coronavirus disease (COVID-19), in the Brooklyn borough of New York City, U.S., March 26, 2020. REUTERS/Brendan McDermid (Reuters) – U.S. stocks opened higher on Monday as President
BRUSSELS (Reuters) – The European Union expects Britain to seek an extension of its status quo post-Brexit transition period beyond the end of the year, diplomats and officials said on Monday, as negotiations on trade have ground to a halt due to the coronavirus pandemic. FILE PHOTO: European Union chief Brexit negotiator Michel Barnier and
FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – Facebook Inc (FB.O) on Monday pledged $100 million in financing and advertising spending to support news organizations, including local publishers in the United States, reeling from pressure due to the coronavirus pandemic. News
FILE PHOTO: Giant Olympic rings seen at the waterfront area at Odaiba Marine Park in Tokyo, Japan, March 25, 2020, after the announcement of the Games’ postponement to 2021, due to outbreak of coronavirus disease (COVID-19). REUTERS/Issei Kato/File Photo TOKYO (Reuters) – Japanese organizers and the International Olympic Committee (IOC) decided on Monday that the
WASHINGTON (Reuters) – White House health experts argued strongly with President Donald Trump to extend a stay-at-home order for Americans fighting the spread of the coronavirus so the country could start seeing the rates of infection come down, a top U.S. health official said on Monday. NIH National Institute of Allergy and Infectious Diseases Director
FRANKFURT (Reuters) – The falling cost of producing hydrogen from renewable power offers a promising route to cutting emissions, but governments need to step in and provide $150 billion of subsidies over the next decade to scale up the technology, according to research from Bloomberg New Energy Finance (BNEF). Renewable hydrogen can be made by
Ukrainian lawmakers, wearing protective masks, walk out of a building after an emergency session of parliament in Kiev, Ukraine March 30, 2020. REUTERS/Valentyn Ogirenko KIEV (Reuters) – Ukraine’s parliament on Monday failed to gather enough votes to approve the appointment of a new finance minister or approve an emergency budget in response to the coronavirus
FILE PHOTO: China’s Premier Li Keqiang speaks during a joint news conference at the 8th trilateral leaders’ meeting between China, South Korea and Japan in Chengdu, in southwest China’s Sichuan province December 24, 2019. Wang Zhao/Pool via REUTERS/File Photo BEIJING (Reuters) – China will step up prevention and control of asymptomatic coronavirus cases, state media
LONDON/SYDNEY (Reuters) – Oil took another eyewatering 8% tumble on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. FILE PHOTO: A long exposure image shows the movement of a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 23, 2019.
BEIJING (Reuters) – China’s Geely Automobile Holdings Ltd (0175.HK) said on Monday 2020 may be one of its toughest years yet, as pressure stemming from the coronavirus outbreak on production and sales persists. FILE PHOTO: The emblem of the Geely automobile maker logo is seen at the IEEV New Energy Vehicles Exhibition in Beijing, China
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December 18, 2018. REUTERS/Brendan McDermid/File Photo LONDON (Reuters) – Goldman Sachs said on Monday it expects S&P 500 dividends to fall by 25% in 2020 as
NEW YORK (Reuters) – American Airlines Group Inc (AAL.O) is in advanced talks to hire Guggenheim Securities co-chairman James Millstein for advice on tapping a $50 billion industry relief package available from the U.S. Treasury Department to cope with the coronavirus pandemic, people familiar with the matter said. FILE PHOTO: An American Airlines airplane sits
LONDON (Reuters) – The coronavirus outbreak at the heart of the UK government spread on Monday with Prime Minister Boris Johnson’s senior adviser, Dominic Cummings, self-isolating with symptoms just days after the British leader himself tested positive. FILE PHOTO – Dominic Cummings, special advisor for Britain’s Prime Minister Boris Johnson, leaves his home, as the
BOSTON/WASHINGTON (Reuters) – The Federal Reserve has offered more than $3 trillion in loans and asset purchases in recent weeks to stop the U.S. financial system from seizing up, but it has not yet directly helped large swaths of the real economy: companies, municipalities and other borrowers with less than perfect credit. FILE PHOTO: Federal
FILE PHOTO: A Virgin Atlantic Airbus comes in to land at Heathrow aiport in London, Britain, June 25, 2018. REUTERS/Toby Melville/File Photo LONDON (Reuters) – Virgin Atlantic has asked the UK government for emergency financial help in addition to the coronavirus package made available to all British companies, said a source familiar with the situation.