MILAN (Reuters) -Hybrid technology will be key for the European expansion of Chinese EV giant BYD amid soft demand for fully-electric vehicles, the special adviser in the region for the manufacturer said on Monday. BYD, China’s top electric vehicle producer, entered Europe’s passenger car market in 2022. It has an aggressive product roll-out plan for …
China’s BYD to focus on plug-in hybrid cars in European expansion Read More »
By Silvia Ognibene FLORENCE (Reuters) -Two people died and nine were injured after an explosion on Monday at a fuel depot facility near Florence owned by Italian energy firm Eni, the president of the Tuscany region said. Three people remain missing. “All of Tuscany is united in grief for the tragedy that happened today,” Eugenio …
Blast at Italian fuel depot near Florence kills two, injures nine Read More »
By Dietrich Knauth (Reuters) – Conspiracy theorist Alex Jones is set to urge a U.S. bankruptcy judge to block the sale of his Infowars website to the Onion news parody site at a Monday court hearing in Houston. The Onion was named the winning bidder for Infowars in a November bankruptcy auction, but Jones and …
US judge weighs fate of the Onion’s buyout of Infowars Read More »
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Italy plans to begin tests as early as January to see if the satellite-based connectivity offered by Elon Musk’s Starlink is a viable solution to boosting the rollout of high-speed internet in the country, two sources close to the matter said. Officials in Giorgia Meloni’s right …
Italy to test Starlink in January in bid to boost high-speed internet, sources say Read More »
By Anthony Deutsch THE HAGUE (Reuters) -The downfall of Syria’s Bashar al-Assad, found to have used chemical weapons against his own people on multiple occasions during the civil war, creates an opportunity to rid the country of banned munitions, diplomatic sources said on Monday. The Organisation for the Prohibition of Chemical Weapons (OPCW) said it …
Assad’s fall brings ‘the moment’ to rid Syria of chemical weapons Read More »
(Reuters) – Citigroup has lowered its expectations for an interest-rate cut at the U.S. Federal Reserve’s December meeting, joining peers in predicting a 25-basis-point reduction, following robust nonfarm payrolls data. Brokerages including Morgan Stanley and Goldman Sachs reiterated their expectation of a 25-basis-point cut after the jobs data. Data showed nonfarm payrolls increased by 227,000 …
Factbox-Brokerages still expect 25-bps US rate cut in December Read More »
By Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) -The European Central Bank looks set to cut rates again on Thursday as inflation heads down, and financial markets are keen for a sense of whether a more challenging environment will spark speedier moves ahead. Since the October meeting, a U.S. election win for Donald Trump has …
JARANDILLA DE LA VERA, Spain (Reuters) – Processions of people wielding flaming brooms may sound like something out of magic tales, but those used to light up a Spanish town every year are the real thing – and there is no witchcraft involved, just fun. Every year on Dec. 7, the inhabitants of Jarandilla de …
Stand aside Harry Potter, blazing brooms light up Spanish festival Read More »
By Kate Abnett and Alison Withers BRUSSELS (Reuters) -This year will be the world’s warmest since records began, with extraordinarily high temperatures expected to persist into at least the first few months of 2025, European Union scientists said on Monday. The data from the EU’s Copernicus Climate Change Service (C3S) comes two weeks after U.N. …
2024 is the hottest year on record, EU scientists say Read More »
By Michelle Conlin and Federico Maccioni NEW YORK/ABU DHABI (Reuters) -Key players in U.S. President-elect Donald Trump’s new cryptocurrency venture were among high-profile industry figures gathering at a bitcoin conference in Abu Dhabi on Monday, as the digital currency sets record highs. Speakers at the two-day event include Trump’s son Eric as well as billionaire …
Trump family members and allies bask in crypto euphoria at Gulf bitcoin gathering Read More »
