After long months of lockdowns and curfews Europeans are looking forward to jetting off for a bit of sun and sand -- only to find that their dream vacation risks turning into a nightmare as no rental cars are available.

The European Commission has drafted plans to set an EU-wide minimum tax rate for polluting aviation fuels, as it seeks to meet more ambitious targets to fight climate change, a document seen by Reuters shows. 

Expectations that Treasury yields may stay tame in the second half of the year are pushing some investors to take a second look at companies whose dividend payouts beat those offered on US government bonds.

The European Union should do more research on the potential harm caused by nuclear power before deciding whether to label it as a sustainable investment, one of the two expert committees tasked with assessing the fuel's green credentials said on Friday. 

The White House said on Friday it is concerned about the impact of rising oil prices on US consumers but believes producers have ample ability to pump enough crude. 

As American troops left their main military base in Afghanistan on Friday, marking a symbolic end to the longest war in US history, locals living in the shadow of the base and in nearby Kabul were left ruing the past and bracing for what comes next.

Researchers in Britain and the United States have found ways to recycle electric vehicle batteries that can drastically cut costs and carbon emissions, shoring up sustainable supplies for an expected surge in demand. 

Britain is working with countries across the European Union to encourage them to accept its fully vaccinated travellers, its business minister said on Thursday, as momentum builds for a fuller reopening of travel from the United Kingdom.

Claims that Chinese solar firms are benefiting from forced labour in Xinjiang are unfounded and unfairly stigmatise firms with operations there, the country’s solar association said.

Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model.

The number of Americans filing new claims for unemployment benefits fell more than expected last week, while layoffs plunged to a 21-year low in June as companies held on to their workers amid labor shortages. 

Australia’s oil industry lobby group on Tuesday slammed as “extreme” the amount the government has proposed as a levy on all of the country’s offshore oil producers to cover the cost of decommissioning an offshore field.

British consumers have resumed borrowing and house prices have jumped by the most in more than 16 years, surging by an annual 13.4 per cent, according to data that showed the economy bouncing back from its pandemic slump.

The global steel industry may have to write down up to $70 billion in assets in the coming years because it is still building new blast furnaces using coal that will become obsolete as the world cuts carbon emissions, a report said on Tuesday.

The global steel industry may have to write down up to $70 billion in assets in the coming years because it is still building new blast furnaces using coal that will become obsolete as the world cuts carbon emissions, a report said on Tuesday.

Even with oil prices surging toward $75 a barrel, US shale producers are keeping their pledges to hold the line on spending and keep output flat, a departure from previous boom cycles.

The European Central Bank should retain the exceptional flexibility of its emergency bond buys after the current crisis, ECB board member Fabio Panetta said on Monday, setting the stage for potential conflict with more conservative policymakers.

Ray-Ban maker EssilorLuxottica is considering suing its takeover target GrandVision after a court ruled that the Dutch eyewear retailer had violated the terms of their 7.2 billion euro ($8.6 billion) proposed acquisition agreement, a source with knowledge of the matter told Reuters.

Rosengren said he expects the US economy to grow by about 7 per cent this year, and for inflation to be slightly above 2 per cent next year.

German business morale rose by more than expected in June and hit its highest level since November 2018 on companies’ surging optimism about the second half of the year in Europe’s largest economy, a survey showed on Thursday.