LONDON (AP) — British police are fining 20 people over parties held by Prime Minister Boris Johnson and his staff during coronavirus lockdowns, and say that more people could face penalties. The Metropolitan Police force said Tuesday it wouldn’t identify the recipients of the fixed penalty notices, though Johnson’s office said it would reveal if…
A look at the day ahead in markets from Sujata Rao It’s not just the costs of producing goods that’s going up, the price that must be paid to transport them shows no sign of easing — shipping a 40-foot container unit by sea costs double what it did a year ago and remains six…
SHANGHAI (Reuters) – General Motors’ joint venture in Shanghai has maintained production amid the city’s lockdown by asking workers to sleep on factory floors and getting passes for trucks to continue deliveries, two people familiar with the matter said. Such measures equate to a “closed-loop” management process, which China’s financial hub has asked companies to…
BEIJING (AP) — Asian stock markets followed Wall Street higher on Wednesday as talks on ending Russia’s war on Ukraine appeared to make progress. Shanghai, Hong Kong and Sydney advanced, while Tokyo declined. Oil prices advanced less than $1 per barrel. That followed Russia’s announcement it would scale back military operations near Ukraine’s capital, Kyiv,…
BUDAPEST, Hungary (AP) — A grassroots civic initiative in Hungary, concerned over the integrity of an upcoming general election, has recruited more than 20,000 ballot counters to observe the high-stakes contest in which nationalist Prime Minister Viktor Orban will seek a fourth consecutive term. The effort to place at least two volunteer ballot counters in…
FRANKFURT (Reuters) – Germany’s H2 Mobility fuelling station network said on Tuesday it will get an extra 110 million euros ($121 million) over the next five years to roll out more infrastructure for fuel cell vehicles powered by hydrogen. Of the total sum, hydrogen investment platform Hy24 will inject 70 million euros through the Clean…
By Tom Westbrook SINGAPORE (Reuters) – The yen fought to regain a footing on Tuesday, recovering a little from heavy selling as some traders start to see risks of official pushback if Japan’s currency falls much further. The yen has been hammered some 7% lower through March as the Bank of Japan (BoJ) has stuck…
By Steve Gorman (Reuters) – The fourth commercial flight of Jeff Bezos’ space tourism venture Blue Origin, offering short suborbital joyrides to well-heeled thrill-seekers and celebrity guests, was due for liftoff on Tuesday from the company’s launch site in rural west Texas. Blue Origin’s New Shepard spacecraft was slated for launch at 8:30 a.m. CDT…
