German government, aviation sector agree on ‘green’ aviation fuel plan

© Reuters. FILE PHOTO: A general view of planes at the new Berlin-Brandenburg Airport ‘Willy Brandt’ in Schoenefeld near Berlin, Germany October 29, 2020. REUTERS/Hannibal Hanschke BERLIN (Reuters) – German Chancellor Angela Merkel’s government has agreed with the aviation industry and regional authorities on a roadmap for the development and use of “green” aviation fuel, […]

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South Korean battery makers agree last-minute deal in boost to Biden’s EV policy

© Reuters. FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul By David Shepardson and Hyunjoo Jin WASHINGTON (Reuters) – South Korean battery makers LG Chem and rival SK Innovation Co have agreed to settle a trade secrets dispute that has threatened a key Georgia plant and the electric […]

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Hyundai, Kia agree to $210 million U.S. auto safety civil penalty

2/2 © Reuters. FILE PHOTO: Cars for sale are seen at Hyundai of Serramonte in Colma, California 2/2 By David Shepardson WASHINGTON (Reuters) – Hyundai Motor Co and Kia Motors’ U.S. units on Friday agreed to a record $ 210 million civil penalty after U.S. auto safety regulators said they failed to recall 1.6 million […]

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Brexit: Trade negotiations fail to agree on level playing field, fisheries, state aid – report

Reuters reports, citing EU and UK sources familiar with talks Negotiations on fisheries are “stuck” No agreement on level playing field either EU wants to prescribe joint standards in more detailed way, but UK is against it Talks failed to overcome differences over state aid Also failed to address EU demand for independent oversight body […]

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KLM pilots will not agree to wage freeze demanded by Dutch government

© Reuters. A KLM Boeing 737 plane lands at Tegel airport in Berlin THE HAGUE (Reuters) – The pilots’ union of KLM, the Dutch arm of Air France (PA:), on Saturday declined to sign a document accepting a freeze on wage increases through 2025, a move that could endanger efforts to secure the company’s future […]

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EU ministers to agree to make climate neutrality by 2050 binding

© Reuters. European Union’s flags flutter outside the European Commission headquarters in Brussels By Kate Abnett BRUSSELS (Reuters) – EU environment ministers are set to agree this week to make the bloc’s pledge to be climate neutral by 2050 legally binding, although tough questions about how deeply to cut emissions over the next decade will […]

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Delta will avoid pilot furloughs if they agree to reduced minimum pay: memo

© Reuters. Delta Air Lines passenger planes parked in Birmingham By David Shepardson WASHINGTON (Reuters) – Delta Air Lines (NYSE:) told pilots on Friday it would avoid furloughs if they agreed to reduced guaranteed minimum pay, according to a memo seen by Reuters. Delta is still struggling due to a dramatic decline in travel demand […]

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Cable Bounces From Lows as U.K-EU Agree to Speed Up Brexit Talks

© Reuters. By Yasin Ebrahim Investing.com – The pound jumped from session lows against the dollar on Monday as the U.K and European Union agreed to intensify post-Brexit talks. Prime Minister Boris Johnson stoked hopes that an outline of a deal could be reached by the end of next month.   rose 0.37% to $ 1.259 […]

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OPEC and allies to agree one-month extension to output cuts

© Reuters. FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture BAGHDAD (Reuters) – OPEC and its allies led by Russia are “most likely” to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said. The delegate, […]

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