International News
EU considers emergency approvals for Covid-19 vaccines
The European Commission said on Tuesday it was considering emergency approvals for Covid-19 vaccines.
EV start-up Nio announces chip shortage will affect car production
Chinese electric car start-up Nio said on Tuesday that the global shortage in semiconductors and batteries will affect its production capacity in the second quarter.
Fossil fuel emissions close to pre-Covid levels -IEA
Global fossil fuel emissions were 2% higher in December 2020 than in the same month of 2019, revealed the latest report from the International Energy Agency.
Volvo pledges to only sell EVs by 2030
The Swedish carmaker, Volvo, has pledged to shift all its production to electric cars by 2030 in a move to abandon fossil fuels and fight climate change.
German retail sales crash in January
German retail sales sank at the start of 2021 as the sector was clobbered by Covid-19 restrictions and a three percentage point hike in the country's value added tax.
US pre-open: Futures point to modest losses following banner day
Wall Street futures were in the red ahead of the bell on Tuesday following the S&P 500's best session since June 2020.
Ebay, Adevinta plan sale of UK units to complete $9.2bn tie-up
US e-commerce group eBay and Norway’s Adevinta plan to sell three smaller British units to secure regulatory approval for a long-planned tie-up of their global classified ads businesses.
Eurozone inflation holds steady at 0.9%
Inflation in the eurozone was unchanged in February, official data showed on Tuesday, in line with expectations.