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Giant Sequoias, world’s largest trees, thriving in UK, report shows
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Italy says global minimum tax on multinationals set to fail
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Bank climate group members to report capital markets emissions
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Stocks flat, US yields edge higher ahead of data
US dollar drifts lower as market in consolidation post-inflation data
Date: March 13, 2024
US dollar drifts lower as market in consolidation post-inflation data By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The dollar inched lower on Wednesday after rising in the previous session on hotter-than-expected U.S. inflation data, as investors consolidated gains ahead of more economic data this week that could further shed light on when...
Sterling steadies as UK economy returns to modest growth
Date: March 13, 2024
Sterling steadies as UK economy returns to modest growth By Joice Alves LONDON (Reuters) – Sterling steadied on Wednesday, after declines this week, as data showed Britain’s economy had returned to growth in January after entering a shallow recession in the second half of 2023. Gross domestic product (GDP) grew by 0.2% month-on-month – boosted...
Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor
Date: March 13, 2024
Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor By Julien Pretot and Elizabeth Pineau PARIS (Reuters) – The 2024 Olympics have allowed Paris and its region to speed up plans to extend their public transport network and other big projects such as cleaning up the Seine river, mayor Anne Hidalgo said...
Britain to join EU semiconductor research programme
Date: March 13, 2024
Britain to join EU semiconductor research programme LONDON (Reuters) – Britain said on Wednesday it was joining European Union efforts to develop and manufacture advanced semiconductors in Europe, pledging 35 million pounds ($45 million) to an overall 1.3 billion euro ($1.4 billion) research and innovation fund. WHY IT IS IMPORTANT Both Britain and the EU...
Europe one step away from landmark AI rules after lawmakers’ vote
Date: March 13, 2024
Europe one step away from landmark AI rules after lawmakers’ vote By Foo Yun Chee STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednesday as EU lawmakers endorsed a provisional agreement for a technology whose use is rapidly growing across a wide swathe of industries and in everyday life....
E.ON raises investments to $46 billion, shares near 6-week high
Date: March 13, 2024
E.ON raises investments to $46 billion, shares near 6-week high By Christoph Steitz and Tom Käckenhoff ESSEN, Germany (Reuters) – E.ON, Europe’s biggest operator of energy networks, on Wednesday raised its five-year investment target to 42 billion euros ($46 billion), saying the continent required major grid expansion to make the transition to clean energy sources....