Wall Street set to open higher, oil prices extend losses

LONDON, May 10 (Reuters) – European stock indexes rose on Tuesday as risk appetite showed some signs of picking up again after Monday’s sharp falls, but fears over economic growth still weighed on markets, pushing oil prices lower. Asian equities slipped to their lowest in nearly two years overnight, before trimming losses. read more A … Read more

Tesla stutters under tighter Shanghai lockdown; Beijing keeps hunting COVID

SHANGHAI/BEIJING, May 10 (Reuters) – Tesla operates its Shanghai plans well below capacity on Tuesday, showing the problems factories face trying to ramp up output under a tightening COVID-19 lockdown, while China’s capital kept up its fight with a small but Stubborn outbreak. Many of the hundreds of companies reopening factories in Shanghai in recent … Read more

Analysis: test, test, test? Scientists question costly mass COVID checks

COPENHAGEN/LONDON, May 10 (Reuters) – For many people worldwide, having cotton swabs thrust up their nose or down their throat to test for COVID-19 has become a routine and familiar annoyance. But two years into the pandemic, health officials in some countries are questioning the merits of repeated, mass testing when it comes to containing … Read more

COVID vaccine makers shift focus to boosters

May 9 (Reuters) – COVID-19 vaccine makers are shifting gears and planning for a smaller, more competitive booster shot market after delivering as many doses as fast as they could over the last 18 months. Executives at the biggest COVID vaccine makers including Pfizer Inc (PFE.N) and Moderna Inc (MRNA.O) said they believe most people … Read more

Stocks slip, dollar up as China lockdowns stir growth risks

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan March 7, 2022. REUTERS/ Kim Kyung Hoon Register now for FREE unlimited access to Reuters.com register Asian stock markets : S&P … Read more

Belfast takes Sinn Fein’s historic election win in its stride

No major celebrations following breakthrough win Sinn Fein still needs rival’s backing to rule United Ireland referendum years away BELFAST, May 8 (Reuters) – Irish nationalists in Belfast toasted Sinn Fein’s historic election victory on Sunday while pro-British neighbors quietly fumed, but there was little sign the weekend’s political earthquake was about to rock this … Read more

South Korea hunts tungsten treasure in race for rare minerals

S.Korean tungsten mine gets $100 million makeover Dozens of new mineral projects launched globally Green, digital boom fuel demand for rare minerals China is preeminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s seen … Read more

Germany’s conservatives on track to win election in northern state

Conservative CDU leads with 43.5% in early exit polls Energy transition was a major campaign issue amid Ukraine Election seen as bellwether for NRW election on May 15 BERLIN, May 8 (Reuters) – Germany’s conservative CDU won an election in the northern state of Schleswig-Holstein on Sunday, a boost to the party of former Chancellor … Read more

Pent-up demand prompts European travel recovery as COVID curbs ease

Passengers queue for airport check-in ahead of the Easter Bank Holiday weekend, at Heathrow Airport, in London, Britain April 14, 2022. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com register LONDON/DUBLIN May 6 (Reuters) – European airlines and hotel chains are seeing bookings recover to levels barely seen since the start of the … Read more

Global scramble for metals thrusts Africa into mining spotlight

A truck exits the mine after collecting ore from 516 meters below the surface at the Chibuluma copper mine in the Zambian copperbelt region. REUTERS/Rogan Ward Register now for FREE unlimited access to Reuters.com register JOHANNESBURG, May 8 (Reuters) – The need to secure new sources of metals for the energy transition amid sanctions on … Read more