news

Euro zone mulls stimulus calibration when economy restarts after COVID

15.02.2021, 12:08

BRUSSELS - Euro zone finance ministers are holding initial talks on Monday on when and how the expected pick up in economic activity, and the lifting of pandemic lockdowns, should affect the amounts of cash governments now pump into the economy to keep it going.

Kremlin calls Musk's idea for Putin to join Clubhouse app interesting, seeks details

15.02.2021, 11:57

MOSCOW - An invitation from Tesla (NASDAQ:TSLA) boss Elon Musk for Russian President Vladimir Putin to join him for a chat on a social networking app? "Very interesting," the Kremlin said on Monday.

Jaguar cars to go all-electric by 2025 as JLR plans full range of e-models by 2030

15.02.2021, 11:22

LONDON - Jaguar Land Rover's luxury Jaguar brand will be entirely electric by 2025 and the carmaker will launch e-models of its entire lineup by 2030, it said on Monday, as it joined a global race to develop zero-emission vehicles.

UBS investment bank co-chief Novelli to join Euronext as chairman

15.02.2021, 11:00

ZURICH/PARIS - Piero Novelli is to leave his job as co-chief of UBS Group's investment bank to become chairman of stock exchange operator Euronext, leaving his colleague Robert Karofsky in sole charge of the division at the Swiss bank.

Exclusive: Norway wealth fund tells firms: put more women on your boards

15.02.2021, 10:57

OSLO - Norway's $1.3 trillion sovereign wealth fund, the world's largest, wants the companies it invests in globally to boost the number of women on their boards and to consider setting targets if fewer than 30% of their directors are female, top fund officials told Reuters.