Business News

The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and outpacing sales of battery-powered cars, according to the International Energy Agency (IEA).

Fears of a second wave of COVID-19 infections sent jitters across global markets on Monday with stocks and oil under pressure while investors bought into safe havens such as government bonds.

Germany will take a stake in unlisted biotech firm CureVac, which is working on a COVID-19 vaccine, Economy Minister Peter Altmaier said on Monday, confirming an earlier Reuters report.

U.S. drugmaker Eli Lilly and Co said on Monday it has started a late-stage trial testing its rheumatoid arthritis drug Olumiant in patients hospitalized with COVID-19.

Houston-based engineering company KBR Inc said on Monday it was awarded a $570.3 million contract by NASA to develop and execute spaceflight operations at Marshall Space Flight Center in Huntsville, Alabama.

Smithfield Foods Inc is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return to work after a severe coronavirus outbreak, according to the workers' union.

Eli Lilly and Co on Monday said it was launching a study of its rheumatoid arthritis drug baricitinib in patients hospitalized for COVID-19.

BP will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19 crisis will cast a lasting chill on energy demand and accelerate a shift away from fossil fuels.

Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further damaging its financial standing with international investors, sources said.

U.S. stock index futures tumbled on Monday as a recent jump in coronavirus cases in China and parts of the United States doused investor hopes of a quick economic rebound that had powered the Nasdaq to record levels last week.

Southeast Asian stock markets fell sharply, led by the Philippines, and risk sentiment for currencies took a hit on Monday on fears that a second wave of coronavirus infections could deepen the economic rout. The rising number of COVI

U.S. engineering company KBR Inc said on Monday it had been awarded a $570.3 million contract by NASA to develop and execute spaceflight operations at Marshall Space Flight Center in Huntsville, Alabama.

Japanese Defence Minister Taro Kono said on Monday that he had suspended plans to deploy two Aegis Ashore air defence radar stations designed to detect and counter North Korean ballistic missiles.

A deal between AstraZeneca and France over potential COVID-19 vaccines involves doses being split between countries on a pro-rata basis based on population, a source at the French President's office said on Monday.

Volkswagen AG's Mexican unit will begin sending workers back to its plant in the central state of Puebla on Tuesday for "preparation and training eyeing a gradual start further ahead," the company said in a statement on Sunday.

The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday:

As police confront protesters across the United States, they're turning to rubber bullets, pepper spray, tear gas and other weapons meant to minimize fatalities.

A deal between AstraZeneca and France over potential COVID-19 vaccines foresees doses being split between countries on a pro-rata basis based on population, a source at the French President's office said on Monday.

SoftBank Group Corp share buybacks accelerated in June, with a total of 499.9 billion yen ($4.66 billion) spent on buying back 107.7 million of its shares since March, a company filing showed on Monday.

EasyJet aircraft took to the skies for the first time since March 30 on Monday, as the British carrier resumed a small number of mainly domestic flights after weeks of lockdown.