More than 20 European business associations and companies interviewed by Reuters say they back their governments’ position that Britain’s banking sector can only enjoy EU market access post-Brexit if the country still follows the bloc’s rules. Britain wants a trade deal that gives London’s financial district, known as the City, ... Read More »
India positioned themselves for a massive win in their 500th cricket Test by polishing off the New Zealand top-order after setting them a colossal 434-run target, propelled by unbeaten half-centuries from Rohit Sharma and Ravindra Jadeja here today. New Zealand were tottering at 93 for four in their second innings ... Read More »
Owners of Samsung Galaxy Note7 smartphones covered by a new U.S. recall can get a replacement device beginning next week, the electronics giant said Thursday. The U.S. Consumer Product Safety Commission issued the voluntary recallThursday, which covers about 1 million devices. The recall is due to a battery defect that ... Read More »
The 2017 Chevy Bolt outlasts the upcoming Tesla Model 3 in how far drivers can go on a single charge, Chevy said this week. The new Bolt is rated at 238 miles per charge compared to the Model 3’s expected 215 miles per charge. Chevy’s electric car has a comparable ... Read More »
– Fiat Chrysler is recalling between 1.4 and 1.9 million cars over a computer issue that might keep air bags from deploying and seat belts restraining passengers in a crash. The computer glitch has been linked to three deaths. The automaker said the”occupant restraint control module” is the problem. The ... Read More »
– Three new oil developments in the Fort McMurray area could add up to 95,000 barrels of oil per day to current output, Alberta’s government said. The provincial government approved three oil sands developments, two of which involved the use of steam stimulation. Collectively, the government said the projects represent ... Read More »
The U.S. Department of Justice asked Deutsche Bank, Germany’s biggest lender, to pay $14 billion to settle an investigation into the sale of residential mortgage-backed securities. The company said it has “no intent” to pay the huge sum tied to the bank’s sale of mortgages between 2005 and 2007 and ... Read More »
Michigan automaker General Motors said it set a goal of getting all of its power across its entire global sector of operations from renewable energy by 2050. “This pursuit of renewable energy benefits our customers and communities through cleaner air while strengthening our business through lower and more stable energy ... Read More »
– Finding more oil and natural gas in mature areas of the North Sea confirm the staying power of operations in Norwegian waters, an explorer said. The exploration and production subsidiary of French energy company ENGIE said itmade a discovery near the existing Gjoa field in the Norwegian waters of ... Read More »
A natural gas pipeline in Morocco, interrupted by seismic activity, has been completed and related production has resumed, a company said Friday. Circle Oil said in a statement it was “pleased to announce the completion of gas pipeline repairs in Morocco.” The company, which has its headquarters in Ireland, temporarily ... Read More »
Russia is to build a special complex dedicated entirely to preparing special forces that will be able to take decisive action in the event of a terrorist attack. According to Yulia Plavinskaya, communications director at the future International Training Center for the Special Forces, the private center will be built ... Read More »
The Russian Central Bank said Friday it was lowering its key rate because of the potential for slow economic growth and oil priced around $40 per barrel. For the first time since June, the bank said it lowered its key rate by a half percent to 10 percent, saying it ... Read More »
