Reuters UK/EU

Canada, Volkswagen to invest more than C$20 billion in EV battery gigafactory

By Steve Scherer and Victoria Waldersee OTTAWA (Reuters) -Canada and Volkswagen on Friday together committed more than C$20 billion ($14.8 billion) for a battery gigafactory in St. Thomas, Ontario, the biggest single investment ever in the country’s electric-vehicle supply chain. Europe’s largest carmaker is investing up to C$7 billion to build the plant, Volkswagen said …

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Naftogaz held talks with US oil companies about energy projects in Ukraine -FT

(Reuters) -Ukrainian state-owned gas company Naftogaz has held talks with Exxon Mobil Corp, Halliburton and Chevron about projects in Ukraine as the country looks to lure back foreign investment to its energy sector, the Financial Times reported on Friday. Oleksiy Chernyshov, chief executive of Naftogaz, told the FT that he held meetings in Washington with …

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S&P sees brighter outlook for UK credit rating as budget risks recede

(Reuters) – Ratings agency S&P Global revised up its outlook for Britain’s sovereign credit rating on Friday, removing the “negative” label which it applied after September’s “mini-budget” under then-Prime Minister Liz Truss. “The government’s decision to abandon most of the unfunded budgetary measures proposed in September 2022 has bolstered the fiscal outlook for the UK,” …

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‘Queen Charlotte’: ‘Bridgerton’ character gets her own spin-off

By Natasha Mulenga LONDON (Reuters) – Regency-era London took over the British capital’s Leicester Square on Friday as the “Queen Charlotte” cast premiered the first spin-off from hit Netflix period drama “Bridgerton” dedicated to the fan favourite character. “Queen Charlotte: A Bridgerton Story” is an origin story of the “Bridgerton” monarch, explaining her rise to …

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Angry at Brazil’s Lula, Ukrainians protest in Lisbon as official visit starts

By Catarina Demony and Miguel Pereira LISBON (Reuters) – Waving flags and holding photographs depicting conflict atrocities, Ukrainians gathered outside the Brazilian embassy in Lisbon on Friday to protest recent remarks about the Ukraine war made by President Luiz Inacio Lula da Silva. Lula, who arrived in Portugal earlier on Friday for a five-day official …

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Russian troops fighting in western Bakhmut, Wagner frets over Ukraine attack

MOSCOW (Reuters) – Russia’s Defence Ministry said in a briefing on Friday that assault troops were fighting in western parts of Bakhmut, the last part of the embattled Ukrainian city still held by Kyiv’s forces. Ukrainian and Russian units have been battling for months over the eastern city, which largely lies in ruins. The defence …

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Chile plans to nationalize its vast lithium industry

By Alexander Villegas and Ernest Scheyder SANTIAGO (Reuters) – Chile’s President Gabriel Boric said on Thursday he would nationalize the country’s lithium industry, the world’s second largest producer of the metal essential in electric vehicle batteries, to boost its economy and protect its environment. The shock move in the country with the world’s largest lithium …

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