The White House has directed the U.S. Environmental Protection Agency to study how using renewable fuels to power electric vehicle charging could generate tradeable credits under the nation's biofuels program, two sources familiar with the discussions told Reuters.
Frontier Group Holdings Inc was valued at $4 billion after its shares opened 2% below their offer price in the low-cost carrier's market debut on Thursday.
Shares of Frontier Group Holdings Inc opened 2% below their offer price on Thursday, after the low-cost carrier priced its initial public offering at the bottom end of the range.
Argentina brought in $2.77 billion from agricultural exports in March, the CIARA-CEC chamber of export companies said on Thursday, as high grains prices pushed revenue from international shipments to an 18-year high.
Pakistan's cabinet on Thursday put off allowing imports of cotton and sugar from neighbouring India until Delhi reviews its 2019 move to revoke the Kashmir region's special status, the foreign minister said.
South Korean authorities are facing a backlash for relying on global vaccine-sharing scheme COVAX for a bulk of its COVID-19 shots as shipment delays threaten to slow the country's inoculation programme.
A wave of African swine fever outbreaks this year has wiped out at least 20% of the breeding herd in northern China, industry sources and analysts said, exceeding expected losses and raising fears about the potential for further impact in the south.
The White House has directed the U.S. Environmental Protection Agency to study whether using renewable fuels to power electric vehicle charging should generate tradeable credits under the nation's biofuels program, two sources familiar with the discussions told Reuters.
After a year of nesting in pastel-colored loungewear, shoppers are opting for styles with floral prints, feel-good slogans and statement jewelry to jazz up working-from-home outfits as optimism makes a comeback in spring collections, designers and retailers told Reuters.
India's Future Retail will deliver groceries and clothes from its main retail stores within two hours, it said on Thursday, as the company expands in an e-commerce sector dominated by the likes of Amazon.com Inc.
A dismal London stock market debut for Deliveroo, coming on the heels of other lukewarm listings, may be a sign that investors are becoming more discerning when it comes to buying shares in companies that have yet to turn a profit.
April is said to be the cruelest month so investors in global equities, emerging from the worst quarter in a year, will be hoping the adage doesn't hold true for them. Indeed, last April, world stocks gained over 10% after March mayhem.
Liberty Steel owner Sanjeev Gupta said he had huge interest from financiers willing to refinance billions of dollars in debt owed to failed lender Greensill Capital and cautioned creditors against pulling the plug and destroying thousands of jobs.
Some Turkish exporters are rerouting food, clothing and other goods to circumvent a months-long unofficial blockade by Saudi Arabia that has sent trade to record lows, exporters and traders said.
Liberty Steel owner Sanjeev Gupta said his business owed "many billions" of pounds to failed lender Greensill Capital but he expected other financiers to back him.
Garment makers in nine countries spanning Asia, the Middle East and North Africa have banded together to demand better contract terms from global clothing retailers, according to a draft document seen by Reuters.
Sanjeev Gupta's $500 million purchase of Europe’s largest aluminium smelter from Rio Tinto in 2018 was the steel tycoon’s first big industrial deal financed through traditional bank debt.
Some Turkish exporters are rerouting food, clothing and other goods to circumvent a months-long unofficial blockade by Saudi Arabia that has sent trade to record lows, exporters and traders said.
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