By Maya Gebeily Qlayaa, LEBANON (Reuters) – The last time Lebanese farmer Zakaria Farah stepped onto his fields outside the southern town of Qlayaa was in January – but it was not to plant. With shelling in the distance, he swiftly dug his hands into the soil to gather samples that could determine his family’s […]
Biden should drop re-election bid, Italy’s Renzi says, to give Democrats a chance
By Alvise Armellini ROME (Reuters) – U.S. President Joe Biden must drop his re-election bid or Donald Trump is sure to return to the White House, former Italian prime minister Matteo Renzi said on Wednesday. Renzi, 49, led a centre-left government from 2014-2016 and was close to the administration led by former President Barack Obama, […]
Carmaker Stellantis joins forces with France’s CEA for EV battery research
PARIS (Reuters) – Stellantis, the carmaker whose brands include Peugeot, Fiat and Chrysler, announced on Wednesday a partnership with the French state’s CEA research organisation to work on a next generation of battery cells for electric vehicles. WHY IT MATTERS: Carmakers around the world are exploring battery technologies to reduce the cost of electric vehicles […]
US service sector sags in June as orders sink
WASHINGTON (Reuters) – A measure of U.S. services sector activity slumped to a four-year low in June amid a sharp drop in orders, potentially hinting at a loss of momentum in the economy at the end of the second quarter. The Institute for Supply Management said its nonmanufacturing purchasing managers (PMI) index dropped to 48.8 […]
GM to pay $145.8 million penalty after US finds excess emissions
By David Shepardson (Reuters) -General Motors will pay a $145.8 million penalty after a U.S. government investigation found excess emissions from approximately 5.9 million GM vehicles, government agencies said on Wednesday. The Environmental Protection Agency said GM has agreed to give up approximately 50 million metric tons in carbon allowances after the multi-year investigation found […]