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COP26: World will try again to avert climate disaster
GLASGOW (Reuters) – The United Nations COP26 summit that starts in Glasgow this week has been billed as a make-or-break chance to save the planet from the most calamitous effects of climate change. Delayed by a year because of the COVID-19 pandemic, COP26 aims to keep alive a target of capping global warming at 1.5C […]
Airbus boosts output at U.S. plant amid tariff dispute
PARIS (Reuters) – Airbus will increase production of A320-family jets at its Mobile, Alabama, plant to seven a month by the beginning of 2021, adding 275 jobs, the European planemaker said on Thursday. Airbus <AIR.PA> currently produces close to six single-aisle jets a month at the plant and expects to reach that level in the […]
H&M will close stores and ramp up digital efforts as online sales rise 7 percent.
Shares in the Swedish retailer H&M rose more than 7 percent after the company said online sales were growing strongly and the company had already returned to profit in the third quarter. H&M also announced that it would close 250 stores globally next year as part of its plans to consolidate stores and ramp up […]