Author: Reuters

[ad_1] © Reuters. FILE PHOTO: The emblem of Stellantis is seen on an organization’s constructing in Velizy-Villacoublay close to Paris, France, February 23, 2022. REUTERS/Gonzalo Fuentes/ ROME (Reuters) -Automotive Cells Firm (ACC), a three way partnership between Stellantis , Mercedes-Benz and TotalEnergies, stated on Wednesday it plans to construct a battery plant in Italy. ACC will convert an present Stellantis plant in Termoli, in southern Italy, right into a battery facility as agreed in a March 21 memorandum of understanding with Italian authorities. It didn’t present additional element on the funding. The battery plant can be the third in Europe…

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[ad_1] 6/6 © Reuters. A normal view of market Barabashovo after a fireplace attributable to shelling, as Russia’s invasion of Ukraine continues, in Kharkiv, Ukraine March 19, 2022. REUTERS/Oleksandr Lapshyn 2/6 (Provides report of shelling from Kyiv mayor; U.S. protection secretary on hypersonic missiles) By Pavel Polityuk LVIV, Ukraine (Reuters) – Russian and Ukrainian forces fought for the Ukrainian port metropolis of Mariupol on Sunday, the place residents are trapped with little meals, water and energy, whereas Ukraine’s president appealed to Israel for assist in pushing again Russia’s assault. Within the capital, Kyiv, shellfire hit a number of properties and…

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[ad_1] 6/6 © Reuters. FILE PHOTO: A view reveals a plant of PepsiCo firm in Azov within the Rostov area, Russia March 9, 2022. REUTERS/Sergey Pivovarov 2/6 (This 18 Mar story corrects paragraph 12 to point out that Bayer (OTC:) doesn’t preserve manufacturing services in Russia) By Richa Naidu and Jessica DiNapoli (Reuters) – Western firms that preserve a presence in Russia to offer important items corresponding to meals and medicines are attempting to strike a steadiness between President Vladimir Putin’s authorities and advocates of Ukraine pulling them in reverse instructions. Greater than 400 firms have withdrawn from Russia because…

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[ad_1] © Reuters. A FedEx car is pushed in Manhattan, New York Metropolis, U.S., September 3, 2021. REUTERS/Andrew Kelly By Lisa Baertlein and Aishwarya Nair (Reuters) -U.S. supply agency FedEx Corp (NYSE:) posted lower-than-expected quarterly earnings on Thursday, hit by ongoing labor woes and the Omicron outbreak, and stated second-half Floor margins will miss inner targets. Shares of FedEx fell 3.5% to $219.90 in prolonged buying and selling. E-commerce shipments fueled income at FedEx and United Parcel Service (NYSE:) throughout the COVID-19 pandemic, however FedEx has been much less profitable than its rival at translating that further enterprise into revenue.…

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[ad_1] 2/2 © Reuters. FILE PHOTO: A self driving Volvo car strikes alongside the streets of Scottsdale, Arizona, U.S., December 1, 2017. REUTERS/Natalie Behring/File Photograph 2/2 By Tina Bellon AUSTIN, Texas (Reuters) – U.S. Transportation Secretary Pete Buttigieg on Wednesday stated federal coverage on autonomous autos will endure “significant” developments within the coming years, saying coverage frameworks had not absolutely caught up with technological developments. Talking on the South by Southwest music, expertise and movie competition (SXSW), Buttigieg stated regulation needed to set boundaries for self-driving with out stifling innovation in an trade that “remains to be largely in its…

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[ad_1] 2/2 © Reuters. Nurse Oksana Martynenko takes care of surrogate-born infants inside a particular shelter owned by BioTexCom clinic in a residential basement, as Russia’s invasion continues, on the outskirts of Kyiv, Ukraine March 15, 2022. Image taken March 15, 2022. REUTERS/Gleb Garanich 2/2 By Gleb Garanich KYIV (Reuters) – Ukrainian nurse Oksana Martynenko and her colleagues have 21 infants to take care of at a makeshift clinic in a residential basement on the outskirts of Kyiv – all of them surrogates whose mother and father can’t come to gather them due to the struggle. All of the whereas…

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[ad_1] © Reuters. Girls stroll previous a board displaying the U.S. greenback and euro indicators in a avenue in Saint Petersburg, Russia February 25, 2022. REUTERS/Anton Vaganov By David Lawder WASHINGTON (Reuters) – A default on Russia’s sovereign debt would add additional ache to Russia’s financial system and monetary system, making it tougher for Moscow to seek out new lending sources and elevating future borrowing prices, a U.S. Treasury official stated on Monday. The official advised Reuters the Treasury believes there are restricted direct exposures within the U.S. monetary system to Russian sovereign bonds and the primary influence would fall…

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[ad_1] © Reuters. FILE PHOTO: A employee holds a nozzle to pump petrol right into a automobile at a gas station in Mumbai, India, Could 21, 2018. REUTERS/Francis Mascarenhas By Aftab Ahmed, Manoj Kumar and Krishna N. Das NEW DELHI (Reuters) – India might take up a Russian provide to purchase and different commodities at a reduction, two Indian officers stated, in an indication that Delhi needs to maintain its key buying and selling accomplice on board regardless of Western makes an attempt to isolate Moscow by means of sanctions. U.S. officers have stated in latest weeks they want India…

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[ad_1] © Reuters. FILE PHOTO: Common view of the Canary Wharf monetary district, following the outbreak of the coronavirus illness (COVID-19), in London, Britain, Could 5, 2020. REUTERS/Marika Kochiashvili By Simon Jessop LONDON (Reuters) – Buyers stepped up stress on company local weather lobbying on Monday, launching a brand new 14-point motion plan for firms to stay to or danger having their actions put to a shareholder vote. The World Normal on Accountable Local weather Lobbying urges firms to decide to accountable local weather lobbying, disclose the help given to commerce teams lobbying on their behalf and take motion if…

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[ad_1] 5/5 © Reuters. Ukrainian servicemen stroll close to a destroyed bridge as Russia’s invasion of Ukraine continues, within the city of Irpin exterior Kyiv, Ukraine, March 12, 2022. REUTERS/Marko Djurica 2/5 By Pavel Polityuk and Natalia Zinets LVIV, Ukraine (Reuters) – Russian forces fired eight missiles at a Ukrainian navy facility close to the Polish border on Sunday, officers mentioned, in what gave the impression to be the westernmost assault of the warfare, and air raid sirens once more woke residents within the capital Kyiv. “The occupiers launched an air strike on the Worldwide Heart for Peacekeeping and Safety”…

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