DETROIT (AP) — Among the biggest challenges to transforming automobiles from combustion engines to electricity to fight climate change is the shortage of metals needed to make batteries. Early on, JB Straubel saw a huge opportunity from the shortage — rescuing metals from spent lithium-ion batteries and recycling them for new ones. The idea was…
By Anthony Esposito and Miguel Gutierrez MEXICO CITY (Reuters) -Mexico’s economy contracted for a second straight quarter in the last three-month period of 2021, according to official data published on Monday, putting Latin America’s second-largest economy in a technical recession. Gross domestic product (GDP) shrank in the fourth quarter by 0.1% from the previous three-month…
By Conor Humphries DUBLIN (Reuters) – Ryanair expects huge pent-up demand to lead to record summer passenger numbers and higher ticket prices if the recovery is not thrown off course by a new COVID variant, Group Chief Executive Michael O’Leary said on Monday. But he said the budget airline’s outlook remained uncertain and it was…
DUBLIN (Reuters) – Ryanair could base up to 20 planes in Ukraine over the next few years if Russia does not invade and if airports there offer attractive enough deals, Group Chief Executive Michael O’Leary said on Monday. Ryanair has repeatedly said it considers Ukraine as potentially a major growth market and O’Leary said that…
MOSCOW (AP) — The Russian capital on Monday has started offering a domestically developed coronavirus vaccine to children in the 12-17 age group amid the country’s biggest infection surge yet due to the spread of the highly contagious omicron variant. Omicron is less likely to cause severe illness than the previous delta variant, according to…
By Bozorgmehr Sharafedin LONDON (Reuters) – Oil rose on Monday as a supply shortage and political tensions in Eastern Europe and the Middle East put prices on track for their biggest monthly gain in almost a year. Brent crude had risen 87 cents, or 1%, to $90.90 a barrel by 1228 GMT. The front-month contract…
By Tommy Wilkes LONDON (Reuters) – Stocks staged a modest rebound on Monday as traders put aside concerns about interest rate rises and the crisis in Ukraine to dip back in, but global equities are still headed for their worst January since 2016 after a bruising month. The rise in European shares follows a late…
THE HAGUE, Netherlands (AP) — Rescue helicopters evacuated all 18 crew members from a ship that was left drifting rudderless in a wind turbine park off the Dutch North Sea coast Monday after it collided with another ship and began taking on water during a powerful storm, emergency services said. The collision happened as Storm…
LONDON (AP) — Prime Minister Boris Johnson apologized Monday after an inquiry found that Downing Street parties while Britain was in lockdown represented a “serious failure” to observe the standards expected of government or to heed the sacrifices made by millions of people during the pandemic Johnson brushed off calls to quit over the “partygate”…
(Corrects paragraph 9 to say Ryanair expects to fly 165 million passengers in year to March 2023 (not year to March 2022)) By Conor Humphries DUBLIN (Reuters) -Ryanair reported a loss of 96 million euros ($107 million) for the final three months of 2021 but said it was hopeful that rivals’ cuts to capacity may…
