Industrials

Britain will ban the sale of new petrol and diesel cars and vans from 2030, five years earlier than previously planned, as part of what Prime Minister Boris Johnson is casting as a "green revolution" to cut emissions to net zero by 2050.

Polish authorities said on Wednesday a former secret service agent and a Chinese citizen who worked for a telecommunications company have been charged with spying for China.

The French government will continue to support airline company Air France-KLM if necessary, government spokesman Gabriel Attal said on Wednesday.

British electric van startup Arrival has agreed to merge with CIIG Merger Corp to get a U.S. listing at a market valuation of about $5.4 billion, it said on Wednesday.

Drugmakers and research centers around the world are working on COVID-19 vaccines, with large global trials of several of the candidates involving tens of thousands of participants well underway.

General Motors Co has issued its strongest warning yet that persistent industrial unrest could drive it out of South Korea, just two years after it received a state-backed rescue package to stay.

Bahrain's first official government delegation to Israel travelling on the first Gulf Air commercial flight to Tel Aviv landed in Israel on Wednesday as the two countries look to broaden cooperation after establishing formal ties in September.

German industrial robot-maker Hahn Automation plans to invest millions of euros in new factories in China over the next three years, keen to capitalise on an economy that's rebounding more rapidly than others from the COVID-19 crisis.

Former United Auto Workers Vice President Joseph Ashton on Tuesday was sentenced to 30 months in prison for accepting kickbacks as part of a wide-ranging federal corruption probe into the union.

Shipping group Maersk has raised its full-year earnings forecast, it said on Tuesday, citing increased momentum in fourth-quarter in global container volumes and freight rates.

Scottish first minister Nicola Sturgeon said that 11 areas including the city of Glasgow would be moved into the country's highest level of coronavirus restrictions due to higher infection rates.

Canadian housing starts rose 3% in October compared with the previous month as an increase in detached urban starts outweighed a small decrease in multiple urban starts, data from the national housing agency showed on Tuesday.

Britain and the U.S. have signed a deal for the continuation of flights between the two countries as the UK prepares for the end of its transition period with the European Union.

Many thousands of people in Britain are suffering from "long COVID", ongoing illness after contracting the coronavirus, health minister Matt Hancock said on Monday.

The chief executive of EasyJet said he had written to British Prime Minister Boris Johnson to offer the airline's help with using its planes to distribute the COVID-19 vaccine across the UK.

Tsinghua Unigroup, a major government-backed player in China's technology race, has defaulted on a 1.3-billion-yuan ($197.96 million) bond, three sources said, as several high-profile delinquencies by state firms rattled the country's bond market.

The government will have to consider strengthening the three-tier system of restrictions used to control the spread of COVID-19 when the full lockdown in England ends, a medical adviser said on Monday.

No one has looked at the data of AstraZenca’s potential COVID-19 vaccine yet to see if it will be effective, England’s Deputy Chief Medical Officer Jonathan Van-Tam said on Monday.

Britain has secured 5 million doses of Moderna's experimental COVID-19 vaccine after interim data indicated it was 94.5% effective, health minister Matt Hancock said on Monday.