(OFFICIAL) UK’s Arrival, Uber to develop electric ride-hailing ‘Arrival Car’
British electric van and bus maker Arrival will develop an electric car for Uber Technologies Inc (UBER.N) that will go into production in late 2023, the two companies said on Tuesday. Arrival and Uber will also explore a strategic relationship in key markets, including the United Kingdom and the European Union. The “Arrival Car” will be an […]
AstraZeneca’s Soriot: we didn’t overpromise on COVID-19 vaccine supplies
AstraZeneca (AZN.L) Chief Executive Pascal Soriot said on Friday the drugmaker had not overpromised on the supply of COVID-19 vaccines around the world, as he defended big cuts in deliveries that prompted a lawsuit by the European Union. The European Commission has launched legal proceedings against the Anglo-Swedish drugmaker for not respecting its contract for the supply […]
EU ready to help restore democracy to Myanmar – high representative
The European Union is ready to offer its support to all parties to help restore democracy in Myanmar, the bloc’s high representative told ASEAN states on Friday. Southeast Asian leaders said after an emergency ASEAN summit last week that they had reached consensus with Myanmar’s junta on ending violence there. read more “The European Union stands […]
Confronting the risks: corporate debt in the wake of the pandemic
As European economies emerge from lockdowns, it is becoming clearer that corporate debt has reached critical levels. A new French scheme, in which the state guarantees portfolios of subordinated debt, shows how financial support could be targeted better.
Porsche plans EV battery cells factory in southern Germany
Volkswagen’s (VOWG_p.DE) luxury sports car unit Porsche AG is speeding up its e-mobility drive with plans for a German factory to manufacture battery cells for electric vehicles, its chief executive officer told Frankfurter Allgemeine Sonntagszeitung.
‘Pandora’s box’ of Northern Ireland could be opened unless EU changes Brexit deal: loyalists warn
LONDON (Reuters) – Northern Ireland’s 1998 peace agreement is under threat and a “Pandora’s box” of protest and political crisis will be opened unless the European Union agrees to significant changes to the Brexit deal, a senior loyalist warned on Friday.
