Oct 4 Reuters Britain39;s electric vehicle market will likely miss 2024 targets set by the zeroemission vehicle ZEV mandate, a trade body warned on Friday, and called on the new Labour government to introduce incentives for private buyers to speed up the switch to EVs. The comments were made in an open letter to finance […]

MUMBAI, Reuters India on Thursday approved a 101 billion rupee 1.2 billion programme to double edible oil production in the country within seven years, aiming to reduce dependence on costlier imports, the government said in a statement. The world39;s largest importer of edible oils, India currently fulfils nearly twothirds of its demand through overseas purchases of […]

WASHINGTON, Reuters Indian Trade Minister Piyush Goyal and U.S. Commerce Secretary Gina Raimondo signed an agreement on Thursday to cooperate on strengthening supply chains in the two countries for lithium, cobalt and other critical minerals used in electric vehicles and clean energy applications. The Commerce Department said in a statement that the memorandum of understanding MOU, […]

39;LDI39; tools gain popularity two years after pensions blowup Providers say they are better able to absorb shocks Value of leveraged hedging halves in two years regulator LONDON, Oct 4 Reuters Two years after market chaos jeopardised Britain39;s 2 trillion pound 2.7 trillion pensions industry, the hedging strategy that exacerbated the crisis is increasing in […]

Indian jewellers unsure about festive demand dealer India domestic prices jumped to a record high last week Japanese dealers offer 0.25 discount to 1 premium this week Oct 4 Reuters Gold demand in India improved slightly this week due to an upcoming festival but remained lower than usual because of recordhigh prices, while Chinese markets […]

LONDON, Oct 4 Reuters Britain will provide funding of up to 21.7 billion pounds 28.5 billion over 25 years to develop carbon capture and storage CCS technology to curb emissions from energy, industry and hydrogen production in northern England, the government said on Friday. Britain has a climate target to reach net zero emissions by […]

54 container ships queued outside ports, risking shortages Tentative deal includes 62 wage hike over six yearssources Strike cost U.S. economy 5 billionday, JP Morgan analysts say Shipping stocks tumble across Asia and Europe Oct 4 Reuters U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached […]

LONDON, Oct 4 Reuters Britain39;s construction sector grew at its fastest pace in nearly twoandahalf years in September, helped by a sharp jump in civil engineering and an upturn in housebuilding, but costs faced by firms escalated, an industry survey showed on Friday. There was also concern among some companies about possible spending cuts and […]

LISBON, Oct 4 Reuters Portugal39;s minority centreright government has watered down its proposals for two major tax cuts, aiming to convince the main opposition Socialists to allow the passage of the 2025 budget in parliament. The Socialists said they would examine the new proposals and come up with a counterproposal next week. The government only […]