Mining magnets: Arctic island finds green power can be a curse
COPENHAGEN (Reuters) - In the tenth century, Erik the Red, a Viking from Iceland, was so impressed with the vegetation on another Arctic island he had found he called it "the green land." Today, it's Greenland's rocks that are attracting outsiders - superpowers riding a green revolution.
Betting on death of petrol cars, Volvo to go all electric by 2030
LONDON (Reuters) - Volvo's entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the end of this decade.
Spanish unions cry foul as Inditex shuts stores
MADRID (Reuters) - Inditex staff in Spain say they are being forced out as the owner of fast-fashion brand Zara rolls out its plan to shut up to 1,200 stores worldwide, despite a company agreement with Spanish unions to project jobs.
Lawsuit accuses Amazon of 'systemic' racism in corporate offices
(Reuters) - A manager at Amazon.com Inc sued the online retailer for discrimination on Monday, saying it hires Black people for lower positions and promotes them more slowly than white workers, and that she was subjected to harassment.
Ant Group shelves share buyback programme for current and departing staff: Bloomberg
(Reuters) - Jack Ma's Ant Group Co has shelved a share buyback programme for current and departing staff, partly because of uncertainty over how to value the company, Bloomberg News reported on Tuesday, citing executives familiar with the matter.
Asian shares fall amid China's asset-bubble warning
HONG KONG (Reuters) - Asia stocks dropped on Tuesday and European equity futures fell as a senior Chinese official expressed wariness about the risk of asset bubbles in foreign markets and a recent bond market sell-off still weighed on investor sentiment.
Oil optimism unwinding market's mad dash for storage
LONDON/NEW YORK/SINGAPORE (Reuters) - When the world economy slammed on the brakes last year, there was a rush to store a wave of unwanted crude and products, but rising prices and optimism about demand is spurring a swift unwinding of storage contracts.
To go electric, America needs more mines. Can it build them?
(Reuters) - Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight.
U.S. extradites two men to Japan charged in Carlos Ghosn's escape: lawyer
BOSTON/TOKYO (Reuters) - An American father and son accused of helping former Nissan Motor Co Ltd Chairman Carlos Ghosn flee Japan while awaiting trial on financial charges were handed over to Japanese prosecutors on Monday for extradition from the United States, their lawyer said.