BERLIN (Reuters) – Germany’s progressive Greens on Monday voted in favour of joining a coalition government with the centre-left Social Democrats (SPD) and the pro-business Free Democrats (FDP), paving the way for Olaf Scholz to become chancellor. A coalition agreement between the three parties that will govern Germany for the next four years foresees large …
Germany’s Greens vote for tie-up to make Scholz chancellor Read More »
By Susanna Twidale LONDON (Reuters) – National Grid’s Electricity System Operator (ESO) is reviewing the way Britain’s power generators are paid to ensure the market remains balanced after several recent high-cost days, it said on Monday. British energy prices have reached record highs this year as global gas prices have soared, forcing multiple British energy …
Britain’s National Grid to review electricity balancing costs Read More »
(Reuters) -U.S.-based hedge fund Engine Capital LP is pushing Kohl’s Corp to consider a sale of the company or separate its e-commerce division to improve its lagging stock price. Engine Capital, which owns about 1% stake in Kohl’s, said on Monday the department store has underperformed both the S&P 500 and other retailers in recent …
Engine Capital pushes Kohl’s to review sale, separate e-commerce business Read More »
(Reuters) – Myanmar’s deposed leader Aung San Suu Kyi has had her sentence reduced from four years to two years after a partial pardon by the head of the military-appointed government, the country’s state television reported on Monday. Earlier on Monday, a court in Myanmar found Suu Kyi, ousted in a Feb. 1 coup, guilty …
Suu Kyi sentence reduced to two years from four – Myanmar state TV Read More »
PARIS (Reuters) – European space company ArianeGroup will develop a reusable mini-launcher to compete with the likes of Elon Musk’s SpaceX, French Finance Minister Bruno Le Maire said on Monday. The launcher “must be able to be operational in 2026”, Le Maire said during a trip to the ArianeGroup site at Vernon in Normandy, where …
France to mimic Musk with own SpaceX-style launcher, minister says Read More »
By Siyabonga Sishi PORT EDWARD, South Africa (Reuters) – South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seimsic oil exploration they say will threaten marine wildlife such as whales, dolphins, seals and penguins on a pristine coastal stretch. A South African court on Friday struck …
S.Africans protest against Shell oil exploration in pristine coastal area Read More »
By Siyabonga Sishi PORT EDWARD, South Africa (Reuters) – South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seimsic oil exploration they say will threaten marine wildlife such as whales, dolphins, seals and penguins on a pristine coastal stretch. A South African court on Friday struck …
S.Africans protest against Shell oil exploration in pristine coastal area Read More »
By Stella Qiu and Kevin Yao BEIJING (Reuters) – China’s central bank said on Monday it would cut the amount of cash that banks must hold in reserve, its second such move this year, releasing 1.2 trillion yuan ($188 billion) in long-term liquidity to bolster slowing economic growth. The People’s Bank of China (PBOC) said …
China frees up $188 billion for banks in second reserve ratio cut this year Read More »
LONDON (Reuters) -Future pandemics could be even more lethal than COVID-19 so the lessons learned from the outbreak must not be squandered and the world should ensure it is prepared for the next viral onslaught, one of the creators of the Oxford-AstraZeneca vaccine said. The novel coronavirus has killed 5.26 million people across the world, …
Next pandemic could be more lethal than COVID, vaccine creator says Read More »
By Willy Kurniawan and Tommy Adriansyah SUMBERWULUH, Indonesia (Reuters) – An Indonesian volcano was active again on Monday, spewing out hot clouds of ash, two days after a powerful eruption killed at least 22 people and left dozens missing. Mt. Semeru, the tallest mountain on the island of Java, erupted dramatically on Saturday, shooting a …
Indonesia volcano erupts again as death toll rises to 22 Read More »
