1/EUROPE: FINAL COUNTDOWN Southern European bonds and the euro have rallied hard in the two months since France and Germany mooted a 750 billion-euro ($848 billion) post-COVID-19 recovery fund. On July 17-18, European leaders meet to...
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Tesla rival Rivian adds $2.5 billion investment led by T. Rowe Price
(Reuters) – Electric vehicle startup Rivian, which is backed by Amazon <AMZN.O> and Ford Motor <F.N> and aims to put an electric pickup and SUV in production in 2021, boosted its war chest further with a $2.5-billion...
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IEA raises 2020 oil demand forecast but warns COVID-19 clouds outlook
By Noah Browning LONDON (Reuters) – The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the spread of COVID-19 posed a risk to the outlook. The Paris-based IEA raised its forecast...
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UK cyber security centre continuing work on Huawei, says PM’s spokesman
LONDON (Reuters) – Britain’s National Cyber Security Centre is continuing its work looking into Huawei, a spokesman for Prime Minister Boris Johnson said on Friday, responding to reports that culture minister Oliver Dowden...
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Pandemic-proofing: Insurance may never be the same again
By Noor Zainab Hussain (Reuters) – Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis. While new pandemic-proof...
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Death of Macau’s casino king comes as gambling hub faces new era
HONG KONG (Reuters) – Hong Kong’s highest-profile officials and business people paid their respects on Friday to Macau’s gambling king, Stanley Ho, who built a business empire from scratch in the former Portuguese colony...
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