Why world’s first malaria shot won’t reach millions of children who need it

Why world's first malaria shot won't reach millions of children who need it

LONDON/KISUMU, Kenya, July 13 (Reuters) – After decades of work, the World Health Organization endorsed the first-ever malaria vaccine last year – a historic milestone that promised to drive back a disease that kills a child every minute. In reality, efforts are falling well short of that, with a lack of funding and commercial potential … Read more

Ships get older and slower as emissions rules bite

Ships get older and slower as emissions rules bite

Average age of vessels up more than two years since 2017 New emissions rules may force older ships to go slower One-fifth of ships fitted with energy saving devices New vessels and alternative fuels the long-term solution LONDON, July 11 (Reuters) – If shipping is the beating heart of global trade, its pulse is about … Read more

US dollar flat in choppy trading after payrolls beat expectations

US dollar flat in choppy trading after payrolls beat expectations

US payrolls exceed expectations in June Rate futures price in 75-bps hike Yen in focus as former PM Abe gunned down NEW YORK, July 8 (Reuters) – The US dollar was little changed against a basket of currencies on Friday ahead of the weekend following a choppy session that saw the greenback posting both gains … Read more

European shares struggle ahead of US jobs data

European shares struggle ahead of US jobs data

LONDON, July 8 (Reuters) – European shares opened slightly lower on Friday and struggled to make gains after the shooting of Japan’s former prime minister caused a pullback in Asian shares, while investors waited for key US jobs data later in the session. Investor sentiment had been positive earlier in the session, which analysts said … Read more

Euro slumps to two-decade low as recession fears dick

Euro slumps to two-decade low as recession fears dick

Euro drops to lowest since end of 2002 as concerns build Dollar rises as Treasury yields rebound Yen near 24-year lows again Aussie dollar fails to gain traction after 50 bps rate hike Norway’s crown drops nearly 1.2% as gas workers strike LONDON, July 5 (Reuters) – The euro slumped to a two-decade low on … Read more

Airline SAS says survival at stake as pilot strike grounds flights

Airline SAS says survival at stake as pilot strike grounds flights

Strike to ground roughly half of airline’s flights SAS says will affect about 30,000 passengers per day Strike raises uncertainty of loss-making airline’s future Biggest airline strike since BA pilots in 2019 STOCKHOLM, July 4 (Reuters) – Wage talks between Scandinavian airline SAS (SAS.ST) and its pilots collapsed on Monday, triggering a strike that puts … Read more

No experience, no resume, you’re hired! Hotels fight for staff

No experience, no resume, you're hired!  Hotels fight for staff

DOHA/LISBON/MADRID, July 4 (Reuters) – Top European hotel chains are hiring workers without experience or even a resume as executives admit years of underpaying staff have come back to bite, leaving them unable to meet post-pandemic travel demand. Thousands of workers left the hospitality industry when international travel shut down during the COVID-19 pandemic. Many … Read more

Nadal steps over the mark as he gives Sonego a dressing down

Nadal steps over the mark as he gives Sonego a dressing down

LONDON, July 2 (Reuters) – Playing Rafael Nadal on clay is considered to be one of the most frustrating challenges in tennis. On Saturday’s evidence, playing him on grass can be just as infuriating – just ask Lorenzo Sonego. The Italian had boldly talked up his chances of halting the Spaniard’s charge towards a rare … Read more

Second half starts with fresh swings for stocks

Second half starts with fresh swings for stocks

World stocks struggle after biggest fall in index history Euro zone inflation hits fresh record high Dollar rises against Aussie, kiwi 10-year Treasury yield holds below 3% China markets steady in a sea of ​​red in Asia LONDON, July 1 (Reuters) – The second half of the year started with more volatility for global stocks … Read more

Tesla’s run of record deliveries may be reaching the end of the road

Tesla's run of record deliveries may be reaching the end of the road

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, June 30 (Reuters) – Tesla Inc (TSLA.O) is expected to end its nearly two-year-long run of record … Read more