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Two-thirds of global tropical rainforests destroyed or degraded - RFN

Two-thirds of the world's rainforests have been degraded or destroyed by humans, revealed the latest report by Rainforest Foundation Norway.

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American Airlines plans $5bn bond sale to cover debts

American Airlines said it was planning to issue $5bn in bonds and seek a $2. 5bn term loan backed by its frequent flyer program to pay back a government loan and other debts.

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EU agrees WTO agriculture quotas with US following Brexit

The European Union and the United States have concluded negotiations to implement the EU's agricultural quotas under World Trade Organization rules following the UK’s exit from the bloc.

Monday broker round-up

Entain: Numis upgrades to add with a target price of 1,675p.

Panasonic to buy Blue Yonder for $6.5bn

Panasonic Corp is set to buy US software firm Blue Yonder for $6. 45bn in its biggest acquisition deal since 2011, Nikkei reported on Monday.

Fintech unicorn WeLab raises $75m in funding round led by Allianz

Hong Kong’s fintech unicorn company WebLab has raised $75m in its latest funding round which was led by Allianz X.

05 Mar
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Caerus Mineral Resources joins London IPO flurry

Caerus Mineral Resources revealed on Friday its plans to go public on the London Stock Exchange.

05 Mar
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Staycation surge causes rise in price of seaside holiday lets

The surge in holidaymakers choosing to stay on the UK seaside for the holidays this year has caused a rise in the cost of accommodation by an average of 35% compared to 2020.

05 Mar
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Volkswagen brand to accelerate shift to EVs

Volkswagen’s namesake brand is planning to accelerate its shift to EVs and to double its European sales by 2030.

05 Mar
Friday broker round-up

Aggreko: Peel Hunt upgrades to hold with a target price of 880p.

05 Mar
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Resource nationalism surges in 2020 as side effect of Covid-19

In 2020, 34 countries have witnessed a significant increase in the nationalisation of natural resources as a side effect of Covid-19, revealed the latest report by Verisk Maplecroft published late on Thursday.

05 Mar
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Ripple reports no fallout in Asia Pacific business after SEC lawsuit

Blockchain payments firm Ripple did not experience any fallout in its Asia Pacific business after facing a lawsuit from the US Securities and Exchange Commission (SEC).

04 Mar
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Baron Capital sells 1.8m Tesla shares over past 6 months

Billionaire investor Ron Baron’s namesake firm sold 1. 8m shares in Tesla over the preceding six months despite his belief that the stock price would surpass $2,000 in the next decade.

04 Mar
US suspends tariffs on UK products in move to resolve aircraft row

The United States agreed to halt tariffs on UK products for four months in a sign of good faith ahead of talks aimed at resolving a row over subsidies granted to the two countries' aircraft industries.

04 Mar
Iran told to address IAEA's concerns on uranium particles

Iran has been urged to address the International Atomic Energy Agency’s concerns on uranium particles found at undeclared, old sites.

04 Mar
EU not in talks to buy Russian Covid-19 vaccine

The European Commission said on Thursday that there were no ongoing negotiations about buying Russia’s Sputnik V coronavirus vaccine.

04 Mar
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Thursday broker round-up

Weir: Deutsche Bank downgrades to hold with a target price of 2,000p.

04 Mar
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Honda to sell limited batch of Legend self-driving cars

Honda announced on Thursday that it would sell a limited batch of its flagship Legend sedan which includes a level 3 autonomous driving technology.

04 Mar
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EU threatens UK with legal action over post-Brexit trade arrangement

The European Union is threatening the UK with legal action over differences on their post-Brexit trade agreement and more specifically areas involving Northern Ireland.

03 Mar
Google will not use other web tracking tools after phasing out cookies in 2022

Google will not build tools that serve as an alternative to cookies to track web browsing traffic after it begins phasing out its existing technology from Chrome in 2022.