'International' category archive. Published November 24, 2020 4:45 am (Mexico City time).

This is a static snapshot in time. For the latest 'International' news, see:  News Wire Mexico: International →

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French business morale hits five-month low on new lockdown.

French business confidence dropped in November to a five-month low as the country entered a new coronavirus lockdown, hitting the services sector particularly hard, a survey showed on Tuesday.

Published by Reuters at November 24, 2020 4:10 am.

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50,000 COVID-19 deaths and rising. How the UK keeps failing.

With one of the highest death tolls from the first wave of the coronavirus, Boris Johnson pledged a “world-beating” test-and-trace system to prevent a resurgence this winter. A Reuters investigation reveals how that promise came unstuck.

Published by Reuters at November 24, 2020 4:01 am.

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Special Report: 50,000 COVID-19 deaths and rising. How Britain failed to stop the second wave.

By Andrew MacAskill, Stephen Grey, Ryan McNeill, Steve Stecklow, Tommy Wilkes and Andrew R.C. Marshall

Published by Reuters at November 24, 2020 4:00 am.

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Hong Kong to shut bars, nightclubs for third time as new COVID-19 cases jump.

Hong Kong will close bars, nightclubs and other entertainment venues for the third time this year, Health Secretary Sophia Chan said on Tuesday as authorities scramble to tackle a renewed rise in coronavirus cases.

Published by Reuters at November 24, 2020 3:50 am.

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Wizz Air partners with COVID-19 testing firm for cheaper tests.

Hungarian airline Wizz Air announced a COVID-19 testing partnership to allow its British passengers to take cheaper tests, as a negative coronavirus certificate starts to re-open travel markets.

Published by Reuters at November 24, 2020 3:45 am.

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Russian online retailer Ozon prices IPO at $30 per ADS, above target.

Russian online retailer Ozon priced its New York initial public offering (IPO) at $30 per American depositary share (ADS), above its target range, raising $990 million, the company said on Tuesday.

Published by Reuters at November 24, 2020 3:20 am.

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Germany expects solution in EU budget row within days: minister.

The German EU presidency is optimistic about finding a solution to the European Union budget row within days, releasing billions of euros to help economies hit by the pandemic, Germany's foreign minister said on Tuesday.

Published by Reuters at November 24, 2020 3:15 am.

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European shares rise on possible easing of COVID-19 curbs, vaccine progress.

European shares gained on Tuesday as a possible easing of lockdowns in France added to a brighter mood from encouraging developments related to coronavirus vaccines.

Published by Reuters at November 24, 2020 3:10 am.

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Glenn Close talks 'Hillbilly Elegy,' another chance at Oscar and what's on her Thanksgiving menu.

Is the eighth time the charm? Glenn Close goes for Oscar glory again and transforms into a larger-than-life grandma for Netflix's 'Hillbilly Elegy.'

Published by USA TODAY at November 24, 2020 3:02 am.

USA TODAY →
Timeline: A brief history of Europe's emissions trading system.

The European Union emissions trading system is the biggest carbon market in the world and the 27-country bloc's flagship policy for cutting greenhouse gas emissions.

Published by Reuters at November 24, 2020 3:00 am.

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Germany: Europe should extend industrial cooperation to hydrogen.

European Union member states are intensifying cooperation on the production of battery cells for electric cars and they should extend this approach into new industrial areas such as hydrogen technology, the German economy minister said on Tuesday.

Published by Reuters at November 24, 2020 2:35 am.

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Factbox: Key changes to rules for Germany's blue-chip DAX index.

Germany's blue-chip DAX index will expand to 40 from the current 30 companies with tougher membership criteria, exchange operator Deutsche Boerse said on Tuesday.

Published by Reuters at November 24, 2020 2:30 am.

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Thai police to deploy thousands for royal protest.

Thai police will deploy nearly 6,000 officers on Wednesday for a demonstration at the office that manages the royal fortune by protesters demanding that King Maha Vajiralongkorn give up personal control of the assets.

Published by Reuters at November 24, 2020 2:00 am.

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Saudi Aramco says customers unaffected by Houthi attack on Jeddah facility.

An official from the Saudi Aramco oil company on Tuesday said customers were unaffected by an attack that came from Yemen's Houthi group at a petroleum products distribution plant in the north of Jeddah city.

Published by Reuters at November 24, 2020 1:55 am.

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Factbox: Global schemes put a price on carbon emissions.

Faced with the challenge of converting pledges to slash planet-warming emissions into policies, some of the world's biggest economies are turning to the same tool: a carbon price.

Published by Reuters at November 24, 2020 1:50 am.

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Analysis: Carbon pricing rises as world's weapon of choice in climate fight.

Can you put a price on pollution? Some of the world's biggest economies are doing just that as they wrestle with how to make good on grand pledges to tame planet-warming emissions.

Published by Reuters at November 24, 2020 1:45 am.

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German economy grew by 8.5% in third quarter, but recession fears grow.

Germany's gross domestic product grew by a record 8.5% in the third quarter as Europe's largest economy partly recovered from an unprecedented plunge caused by the first wave of the COVID-19 pandemic in spring, the statistics office said on Tuesday.

Published by Reuters at November 24, 2020 1:40 am.

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Credit Suisse flags $450 million impairment on York Capital Management stake.

Credit Suisse expects to take a roughly $450 million impairment on its stake in alternative investment firm York Capital Management, the Swiss bank said.

Published by Reuters at November 24, 2020 1:35 am.

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'Alone in the dark': South Korea's small businesses reel from new virus clampdown.

A new round of social distancing rules took effect on Tuesday in the South Korean capital of Seoul, dealing a blow to small business owners despite brighter hopes for economic recovery after earlier success in battling the coronavirus.

Published by Reuters at November 24, 2020 1:15 am.

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Australia moves into top three countries for renewable investment: research.

Australia has moved into the three most attractive countries in the world for renewables investment for the first time due to rapid solar photovoltaic (PV) deployment, research showed on Tuesday.

Published by Reuters at November 24, 2020 1:10 am.

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Germany's DAX to expand to 40 members from 30 in index shake-up.

Germany's blue-chip DAX index will expand to 40 from the current 30 companies with tougher membership criteria, exchange operator Deutsche Boerse said on Tuesday.

Published by Reuters at November 24, 2020 12:50 am.

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Exclusive: Elliott Management invests in small Guyana oil explorer - sources.

Activist hedge fund Elliott Management Corp has invested at least $30 million in Cataleya Energy, a small firm focused on oil exploration in Guyana, the world's newest oil and gas hot spot, two people familiar with the matter said.

Published by Reuters at November 24, 2020 12:45 am.

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Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backers.

Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year.

Published by Reuters at November 24, 2020 12:25 am.

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Iraq amends oil density compensation plan starting with 2021 exports.

Iraq's Oil Marketing Company (SOMO) has revised the price mechanism used to compensate buyers for fluctuations in the density of its crude exports, starting with shipments in 2021, according to a Nov. 23 notice to clients reviewed by Reuters

Published by Reuters at November 24, 2020 12:20 am.

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Tokyo governor says best case for Olympics is with venues full of spectators.

Tokyo Governor Yuriko Koike said on Tuesday the best case scenario for the Summer Olympics next year is to have venues full of spectators, as organisers debate how to plan for the Games amid the COVID-19 pandemic.

Published by Reuters at November 24, 2020 12:10 am.

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Brazil has enough infection data to analyze Sinovac's COVID-19 vaccine - officials.

Brazil has gathered enough infection data from a late-stage trial of an experimental COVID-19 vaccine developed by China's Sinovac Biotech and expects to have interim results on its efficiency in early December, trial organizers said on Monday.

Published by Reuters at November 24, 2020 12:00 am.

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Shares in world's top latex glove maker plunge as workers test positive for COVID.

Shares in Top Glove Corp plunged on Tuesday after Malaysia said it would close some factories of the world's biggest rubber glove maker as more than 2,000 of its workers had tested positive for COVID-19.

Published by Reuters at November 23, 2020 11:40 pm.

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Breakingviews - Australian milk deal looks a little too local.

Australian cheese-maker Bega could buy Lion Dairy for $402 million after the government blocked a Chinese buyer. A local champion might consolidate the domestic market, but there are few substitutes for demand from the People’s Republic.

Published by Reuters at November 23, 2020 11:35 pm.

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Oklahoma State football equipment manager injured in alleged assault by Oklahoma fans.

An Oklahoma State equipment manager suffered a broken rib after he was allegedly assaulted by Oklahoma fans while he tried to retrieve a football.

Published by USA TODAY at November 23, 2020 11:20 pm.

USA TODAY →
In blow to struggling Cubans, Western Union offices close as sanctions bite.

Western Union Co suspended its operations across Cuba on Monday evening as new U.S. sanctions kicked in, cutting a key lifeline for many struggling Cuban families as the coronavirus pandemic deepens the Communist-run island's economic crisis.

Published by Reuters at November 23, 2020 11:10 pm.

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China reports 22 new COVID-19 cases vs 11 a day earlier.

China recorded 22 new COVID-19 cases on Nov. 23, up from 11 cases a day earlier, the national health authority said on Tuesday.

Published by Reuters at November 23, 2020 10:35 pm.

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'Unmatched drop' in travelers in NYC leaves tourist shops struggling in 'fight for survival'

Tourism agency NYC & Co. is now projecting NYC visitors will total about 23 million this year, an “unmatched drop” from over 66 million last year.

Published by USA TODAY at November 23, 2020 10:35 pm.

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BOJ seen spending up to $478 million under bank aid scheme: central bank official.

The Bank of Japan is estimated to spend up to 50 billion yen ($478 million) under a new scheme aimed at incentivising regional banks to consolidate, a senior central bank official said on Tuesday.

Published by Reuters at November 23, 2020 10:30 pm.

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China calls launch a success as robotic spacecraft heads to moon.

China hailed as a success its pre-dawn launch on Tuesday of a robotic spacecraft to bring back rocks from the moon in the first bid by any country to retrieve lunar surface samples since the 1970s, a mission underscoring Chinese ambitions in space.

Published by Reuters at November 23, 2020 10:25 pm.

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Japan to suspend domestic travel campaign in two cities, minister says.

The Japanese government is preparing to pause its domestic travel campaign in two cities following sharp rises in COVID-19 cases, the minister handling the government's coronavirus response said on Tuesday.

Published by Reuters at November 23, 2020 10:20 pm.

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'Dancing With the Stars' finale: 'Bachelorette' Kaitlyn Bristowe vies for Mirrorball Trophy, but who won?

The "Dancing With the Stars" finale came down to four celebrity dance couples. But who went home with the Mirrorball Trophy at the end of the night?

Published by USA TODAY at November 23, 2020 10:15 pm.

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Sweden's Scania to start making trucks in China after acquisition.

Swedish truck maker Scania, a unit under Volkswagen AG's commercial vehicle arm Traton SE, has bought a truck company in China to start making vehicles for the first time in the world's biggest auto market, it told Reuters.

Published by Reuters at November 23, 2020 10:00 pm.

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Benjamin Crump demands justice after a Florida deputy shot two Black teens. Here's what we know.

The shooting deaths of Angelo Crooms, 16, and Sincere Pierce, 18, on Nov. 13, have captured national interest and set off protests.

Published by USA TODAY at November 23, 2020 9:45 pm.

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Brazil reports 302 COVID-19 deaths, toll at 169,485: health ministry.

Brazil reported 16,207 additional confirmed cases of the novel coronavirus in the past 24 hours, and 302 deaths from COVID-19, the health ministry said on Monday.

Published by Reuters at November 23, 2020 9:40 pm.

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White House to hold indoor holiday parties despite surge in coronavirus cases.

The White House is going ahead with plans for a series of holiday parties and receptions despite warnings against large in-person gatherings.

Published by USA TODAY at November 23, 2020 9:30 pm.

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England to use testing to shorten quarantine for incoming passengers.

England will introduce a new system on Dec. 15 allowing passengers arriving from high-risk countries to take a COVID-19 test after five days of quarantine and to be released from any further self-isolation if they test negative.

Published by Reuters at November 23, 2020 9:10 pm.

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BOJ's Kuroda warns of banking sector risks from COVID-19.

Bank of Japan Governor Haruhiko Kuroda said on Thursday the country's financial stability could be disrupted if the damage to commercial banks' profits from COVID-19 persisted.

Published by Reuters at November 23, 2020 9:05 pm.

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For Thanksgiving and 'healing': Delta CEO thanks employee COVID-19 sacrifices with free travel.

Delta is thanking its employees for their sacrifices during the COVID-19 pandemic by giving them free travel anywhere the airline flies.

Published by USA TODAY at November 23, 2020 9:00 pm.

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Japan's ANA shares drop on report airline to raise $1.9 billion in share sale.

Shares of Japan's ANA Holdings Inc on Tuesday sank as much as 4.2% after sources said the country's biggest airline plans to raise about 200 billion yen ($1.9 billion) by selling new shares to bolster its balance sheet.

Published by Reuters at November 23, 2020 8:50 pm.

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South Korean delivery workers say coronavirus boom means relentless toil.

South Korea's delivery workers have fallen into what they call a "legal blind spot" and say it's a deadly place to be as the novel coronavirus drives an unprecedented boom in online business.

Published by Reuters at November 23, 2020 8:40 pm.

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Walmart de Mexico says under investigation for antitrust behavior.

Walmart's Mexico unit said on Monday it was notified by Mexico's federal competition authority that it is being investigated for possible antitrust behavior in the supply and distribution market of wholesale goods and retail of these goods and services.

Published by Reuters at November 23, 2020 7:55 pm.

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Unemployed 1,363 days, Kaepernick still ready to work.

Colin Kaepernick has not had any job offers despite injuries to starting quarterbacks this season, although the former San Francisco 49er let National Football League teams know he is available by posting a workout video on Monday.

Published by Reuters at November 23, 2020 7:50 pm.

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Miley Cyrus admits she 'fell off' sobriety during pandemic, but is now 'two weeks sober'

"One of the things I've used is, 'Don't get furious, get curious,'" said Miley Cyrus. "So don't be mad at yourself, but ask yourself, 'What happened?'"

Published by USA TODAY at November 23, 2020 7:45 pm.

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UK aims to inoculate those most at risk from COVID by Easter - Johnson.

British Prime Minister Boris Johnson said on Monday that he hoped almost all Britons at high risk from COVID would be vaccinated against the disease by Easter.

Published by Reuters at November 23, 2020 7:40 pm.

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Factbox: Latest on worldwide spread of the coronavirus.

Positive results from AstraZeneca's COVID-19 vaccine trial boosted hopes of a faster end to the pandemic as several countries announced plans to start inoculating their citizens, even as Europe prepared for Christmas with restrictions on family gatherings and instructions...

Published by Reuters at November 23, 2020 7:35 pm.

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Stoned Age: Native American art confirms hallucinogenic drug use.

For the first time, scientists have confirmed that Native Americans used a hallucinogenic drug while painting rock art, according to a new study.

Published by USA TODAY at November 23, 2020 7:33 pm.

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UK's Johnson says there will be no compulsory COVID vaccination.

Britain's government will not force people to have vaccinations against COVID-19, Prime Minister Boris Johnson said on Monday.

Published by Reuters at November 23, 2020 7:30 pm.

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Spain's King Felipe in quarantine after close contact with coronavirus case.

Spain's King Felipe VI started 10 days of quarantine on Monday after coming into close contact with someone who later tested positive for the new coronavirus, a Royal House source said.

Published by Reuters at November 23, 2020 7:25 pm.

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Catholic leaders in Mexico move Guadalupe pilgrimage online to avoid crowds.

Mexican church and civic leaders on Monday canceled an annual gathering that attracts massive crowds of Catholic pilgrims to protect people amid an intensifying coronavirus outbreak.

Published by Reuters at November 23, 2020 7:20 pm.

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Don't count on finding toilet paper on your next run to Target or Walmart. COVID-19 panic buying is on a roll again.

Paper towels, cleaners and other household staples are in high demand in stores and online again as the coronavirus surges across the country.

Published by USA TODAY at November 23, 2020 7:15 pm.

USA TODAY →
Glimmer of hope for investment in Europe: EY survey.

Global executives see a smaller hit to their investment plans for Europe than they did earlier this year and are somewhat more upbeat about the continent's future appeal, a questionnaire by professional services group EY found.

Published by Reuters at November 23, 2020 7:05 pm.

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Bad Bunny skips AMAs performance after positive COVID-19 test, not showing 'major symptoms'

Bad Bunny was forced to cancel his scheduled American Music Awards performance after testing positive for COVID-19, his publicist confirmed Monday.

Published by USA TODAY at November 23, 2020 7:01 pm.

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BlackRock to buy Aperio for $1.05 billion from Golden Gate Capital, employees.

The world's largest asset manager BlackRock Inc said on Monday it will buy Aperio Group LLC, an investment management services provider, from private equity firm Golden Gate Capital and Aperio employees for $1.05 billion in cash.

Published by Reuters at November 23, 2020 7:00 pm.

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Saudi Aramco’s Landmark IPO Is Costing The Kingdom Billions.

The initial public offering (IPO) of Saudi Aramco that was heralded by Crown Prince Mohammed bin Salman (MbS) as being a showcase flotation for raising massive new capital for the Kingdom and anchoring a major expansion of its international equities market presence has proven only to put Aramco into a debt spiral and highlighted a myriad of problems in Saudi Arabia to international investors. Now, Aramco is digging itself further into serious debt through bond issuances simply to pay for the huge dividend payments promised by MbS that were absolutely…

Published by OilPrice.com at November 23, 2020 7:00 pm.

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Canada could approve COVID-19 vaccines early next year: regulator.

Canada could approve one or more COVID-19 vaccines early in the first quarter of 2021, under a new, accelerated process similar to the U.S. emergency use authorization, according to Health Canada, the country's drug regulator.

Published by Reuters at November 23, 2020 6:50 pm.

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21 Savage mourns brother reportedly stabbed to death: 'can’t believe somebody took you'

21 Savage is mourning the death of his younger brother Terrell Davis, who was reportedly stabbed to death in the United Kingdom on Sunday.

Published by USA TODAY at November 23, 2020 6:46 pm.

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Britain's telcos face fines if they use suppliers deemed high-risk, like Huawei.

Britain's telecoms companies could be fined up to 10% of turnover or 100,000 pounds ($133,140) a day if they contravene a ban on using equipment made by China's Huawei Technologies Co Ltd under a new law put forward on Tuesday.

Published by Reuters at November 23, 2020 6:45 pm.

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Gold mining emissions draw scrutiny after price surge.

Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them after a rally in prices this year drew closer attention to the sector's footprint.

Published by Reuters at November 23, 2020 6:30 pm.

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OPEC To Decide The Fate Of Oil Markets In 2021.

OPEC officials will meet this week on Wednesday, Thursday, and Friday to iron out details ahead of the meeting on November 30 and December 1 that will determine the fate of OPEC’s oil producers for 2021. OPEC sources told Reuters on Monday. Wednesday and Thursday will see OPEC’s economic commission board gather together, and Friday will bring together non-OPEC technical experts. The topic of discussion? In part, the level of production cuts that will be in effect come January 1, 2021. As it stands right now, the current level…

Published by OilPrice.com at November 23, 2020 6:30 pm.

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Fed's Barkin: Next few months could be challenging until vaccine available.

A vaccine to prevent the coronavirus may not be widely available until next summer, and households could struggle over the next several months without more government aid, Richmond Federal Reserve Bank President Thomas Barkin said on Monday.

Published by Reuters at November 23, 2020 6:20 pm.

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Ready for Thanksgiving 2020? Make sure you do these 8 things before Thursday.

Thanksgiving is Thursday. From following COVID-safe practices to being honest about the real history surrounding the holiday, here's how to prepare.

Published by USA TODAY at November 23, 2020 6:05 pm.

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Israel And Saudi Arabia Could Derail Biden’s Middle East Plans.

After weeks of speculation over how the new Biden Administration will approach U.S. relations in the Arab Gulf, the first real hurdles for a new JCPOA Iran agreement are already emerging. The pro-Biden Europeans, the majority of whom appear very happy with the President-elect, are all looking forward to a realignment of U.S.-European geopolitical powers in the Arab Gulf. Most analysts expect that in addition to Biden’s promise to rejoin the Paris Agreement, Washington will also attempt to re-enter the JCPOA discussions with Iran. Oil and…

Published by OilPrice.com at November 23, 2020 6:00 pm.

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Carrefour Brasil shares plunge as Brazilians protest killing of Black man at store.

Supermarket chain Carrefour Brasil's share price plummeted 6% in afternoon trading on Monday after the death of a Black man beaten by security guards last week at one of its Brazil stores, igniting protests due to resume later in the day.

Published by Reuters at November 23, 2020 5:50 pm.

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Japan's ramen bars struggle to stay open as COVID hammers small firms.

Sixty-year-old Yashiro Haga is folding his Tokyo noodle ramen shop after 15 years in December, unable to overcome the prospect of a lasting customer slump due to the coronavirus crisis.

Published by Reuters at November 23, 2020 5:45 pm.

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Black transgender woman sues Georgia Department of Corrections for second time, alleging constant 'fear of sexual assault'

The federal lawsuit contends the GDC’s failure to protect Ashley Diamond violates the 8th Amendment and the 14th Amendment’s equal protection clause.

Published by USA TODAY at November 23, 2020 5:45 pm.

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Apple's security chief accused of bribery in California gun-permit probe.

Apple Inc's security chief on Monday was indicted on bribery charges as prosecutors alleged he promised a donation of 200 iPads to the Santa Clara County Sheriff's Office to secure four concealed-weapon permits for Apple employees.

Published by Reuters at November 23, 2020 5:40 pm.

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How Africa Became A Hotspot For Renewable Energy.

Africa’s installed capacity of renewable energy, which stood at 12.6 gigawatt (GW) in 2019, is set for consecutive years of growth, a Rystad Energy analysis shows. The continent’s capacity is forecast to reach 16.8 GW in 2020, add another 5.5 GW in 2021, and further climb to 51.2 GW in 2025, led by growth in solar and wind projects in Egypt, Algeria, Tunisia, Morocco and Ethiopia. At present, South Africa leads the continent in terms of installed renewable energy capacity with 3.5 GW of wind, 2.4 GW of utility solar, and a solar-dominant…

Published by OilPrice.com at November 23, 2020 5:30 pm.

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U.S. posts sharpest weekly rise in COVID-19 deaths since August.

The United States recorded its biggest weekly rise in COVID-19 deaths since August, increasing 32% from the previous week to average about 1,500 people per day, according to a Reuters analysis of state and county reports.

Published by Reuters at November 23, 2020 5:25 pm.

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UK says COVID-19 'Test and Trace' system cost to rise to 22 billion pounds.

The British government announced a 7-billion-pound increase in funding for its COVID-19 testing and contact tracing system on Monday, as part of an expanded programme of mass testing and plans to test frontline staff more regularly.

Published by Reuters at November 23, 2020 5:20 pm.

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Christmas 2020: Shoppers expected to spend more but COVID-19 remains the wild card.

Retailers expect a robust holiday shopping season this year, buoyed by a strong housing market and increased savings, but COVID-19 could chill buying.

Published by USA TODAY at November 23, 2020 5:17 pm.

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“Monetizing Privacy”: The Fed Fans Out, Touting the “Digital Dollar.” This Time, How Consumers Would Benefit.

But the problemita of pulling the rug out from under the entire banking system still needs to be addressed.

Published by Wolf Street at November 23, 2020 5:17 pm.

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Daily COVID-19 cases in France at near two-month low.

France reported 4,452 new COVID-19 infections on Monday, the lowest daily tally since Sept. 28, suggesting a second national lockdown is making its mark.

Published by Reuters at November 23, 2020 5:10 pm.

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China's launch of rocket carrying probe to moon declared a success.

China's launch of a rocket carrying a probe to retrieve rock samples from the moon was a success, an official from the China National Space Administration said on state TV early on Tuesday.

Published by Reuters at November 23, 2020 5:05 pm.

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Oil Stocks Are Finally Bouncing Back.

This year has been a true rollercoaster ride for the U.S. oil and gas market, but it is increasingly looking to end on a high note. The sector is up nearly 16% over the past 10 days alone as the world moves closer to vanquishing one of mankind's biggest threats in modern history. The outlook keeps getting better for the oil and gas bulls. Here are three key reasons why the bulls are likely to have the upper hand going forward. #1. Covid-19 vaccines The oil and gas industry has been deeply out of favor over the past few years, thanks to huge…

Published by OilPrice.com at November 23, 2020 5:00 pm.

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Polish police scuffle with protesters demanding "Free abortion, Free education"

Police scuffled with protesters who gathered in front of Poland's Education Ministry on Monday following a ruling that tightened restrictions on abortion rights in the Catholic country.

Published by Reuters at November 23, 2020 4:45 pm.

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How Stimulus Packages Could Accelerate Electric Vehicle Adoption.

Stimulus packages around the world could help a rise in electric vehicles (EVs) sales and speed up progress in decarbonization in the transportation sector, the International Energy Agency (IEA) said on Monday, noting that recovery packages should reflect the change in the global car fleet over the past decade. Since 2009, the global automotive fleet has moved towards a decline in diesel cars, a rising share of SUVs, and growth in EVs, the latter of which were virtually non-existent a decade ago. “Reflecting these differences…

Published by OilPrice.com at November 23, 2020 4:30 pm.

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Breakingviews - Corona Capital: Cash stockpiles, Empty real estate.

Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

Published by Reuters at November 23, 2020 4:20 pm.

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China launches robotic spacecraft to retrieve rocks from the moon.

China on Tuesday launched a robotic spacecraft to bring back rocks from the moon in the first bid by any country to retrieve samples from the lunar surface since the 1970s, a mission that underscores Chinese ambitions in space.

Published by Reuters at November 23, 2020 4:10 pm.

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Former IAG boss Walsh named to head airline body IATA.

Former IAG boss Willie Walsh will be nominated to succeed IATA Director General Alexandre de Juniac, who is stepping down in March, the global airline body said on Monday.

Published by Reuters at November 23, 2020 4:00 pm.

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With Pandemic Raids, Bukele Government Faces Major Investigation in El Salvador.

With Pandemic Raids, Bukele Government Faces Major Investigation in El Salvador
El Salvador authorities have launched a criminal investigation into the government’s coronavirus pandemic spending, marking the severest legal action to date taken against the administration of President Nayib Bukele.

Published by InSight Crime at November 23, 2020 4:00 pm.

InSight Crime →
Russia's Relentless Quest For Arctic Oil.

Oftentimes the most interesting and challenging moments in life come when you least need them. Nowhere is it truer than with Russia’s eternal uphill battle to tap into its vast resources in the Arctic. Every time crude prices fall below 60-70 USD per barrel, Russia’s Arctic ambitions suffer. U.S. and EU sanctions against Russia’s national oil companies (i.e. the only companies that are granted access to the Arctic) have only made things worse for Russia as they have barred Western majors from participating in joint Arctic ventures.…

Published by OilPrice.com at November 23, 2020 4:00 pm.

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JD Sports in exclusive talks with Debenhams over rescue takeover - The Times.

JD Sports is in exclusive talks with British department store chain Debenhams over a potential rescue takeover, The Times reported on Monday.

Published by Reuters at November 23, 2020 3:55 pm.

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Fed's Evans sees no rate hikes until late 2023, maybe 2024.

Chicago Federal Reserve Bank President Charles Evans said Monday there is still "quite a long ways to go" for the U.S. recovery from the coronavirus crisis, adding that he expects the Fed to keep interest rates at their current near-zero level until perhaps into 2024.

Published by Reuters at November 23, 2020 3:50 pm.

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Despite COVID-19 travel warnings, many Americans 'not living in fear' ahead of Thanksgiving.

Millions of Americans appear to be defying health warnings and traveling ahead of the Thanksgiving holiday, likely exacerbating a surge in coronavirus infections before a series of promising new vaccines become widely available.

Published by Reuters at November 23, 2020 3:35 pm.

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AstraZeneca vaccine can be up to 90% effective; COVID-19 reinfection unlikely for at least six months.

The following is a roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus.

Published by Reuters at November 23, 2020 3:30 pm.

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The COVID Vaccine Could Kill The Gold Rally.

Gold prices were on track to fall for a second consecutive week as investors chanced their arms on equities again on news of not one but two effective coronavirus vaccines. The safe-haven asset has seen prices jump almost 25 percent this year, with traders piling in as stock markets melted down around the world. However, that surge has slowed in recent weeks, with the spot gold price falling to $1867.31 today, despite bankers forecasting higher prices. On Monday, pharma giant Moderna said that its coronavirus vaccine had proved 95 percent effective…

Published by OilPrice.com at November 23, 2020 3:30 pm.

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Head of Egyptian rights group held in solitary confinement - lawyers.

The director of a prominent Egyptian rights group was held in solitary confinement and inhumane conditions for three days after his arrest last week, his lawyers and the group's founder said on Monday.

Published by Reuters at November 23, 2020 3:20 pm.

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Analysis: Tested by taxonomy - EU green finance rules leaky for ships, tight for houses.

Months of EU deliberation to decide which business activities can be marketed as green investments have produced a set of draft standards some finance officials and NGOs say are lax for the polluting shipping sector and challenging for buildings.

Published by Reuters at November 23, 2020 3:10 pm.

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NBA players meet Pope Francis to discuss social justice issues.

Five NBA players met with Pope Francis at the Vatican on Monday to discuss social justice issues following a season where combating racial inequality was a dominant theme.

Published by Reuters at November 23, 2020 3:00 pm.

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Canada’s Oil And Gas Sector Sees Record Job Losses.

A total of 37 percent of oil and gas companies in Canada resorted to permanent layoffs due to the pandemic-driven oil price and oil demand slump, a recent survey of energy labor market organization PetroLMI showed. The energy firms in Canada launched measures to reduce labor costs across their organizations, according to the survey of energy workers and executives carried out by PetroLMI, a division of Energy Safety Canada. At the time of the survey in August and September, 68 percent of energy workers said their company had implemented…

Published by OilPrice.com at November 23, 2020 3:00 pm.

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'He's irreplaceable': 21-year-old leader of Breonna Taylor protests killed in shooting, family says.

Hamza "Travis" Nagdy, a young protest leader during Louisville's movement for racial justice in 2020, was killed in a shooting, his family says.

Published by USA TODAY at November 23, 2020 2:54 pm.

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U.S. to begin distributing Regeneron's COVID-19 antibody therapy Tuesday.

The U.S. government will start distributing Regeneron Pharmaceuticals Inc's newly authorized COVID-19 antibody combination on Tuesday, beginning with over 30,000 treatment courses, a health official said on Monday.

Published by Reuters at November 23, 2020 2:50 pm.

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EU, Canada, others push trade plan to help in COVID-19 battle.

The European Union, Canada and 11 other countries agreed on Monday to measures such as eliminating export curbs they believe should form the basis of a global deal to help tackle COVID-19 and future pandemics.

Published by Reuters at November 23, 2020 2:30 pm.

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Renewables Are Gaining Ground In New York.

The state of New York generated the largest amount of renewable electricity generation of any U.S. state east of the Mississippi last year, with renewable energy sources, including hydropower, accounting for 30 percent of New York’s electricity generation, the Energy Information Administration (EIA) said on Monday. Changes in the power generation mix in the state of New York are indicative of the general trend in the overall U.S. power mix over the past 15 years—growing shares of natural gas and renewables at the expense…

Published by OilPrice.com at November 23, 2020 2:30 pm.

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England gets new set of restrictions for end of COVID-19 lockdown.

British Prime Minister Boris Johnson set out new measures on Monday to replace a COVID-19 lockdown in England from Dec. 2, reinforcing a previous regional approach to try to reopen businesses in areas where infection rates are lower.

Published by Reuters at November 23, 2020 2:25 pm.

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