By Giuseppe Fonte and Gavin Jones ROME (Reuters) – The Italian Treasury currently expects the economy to contract around 3% this year, hit by the lockdown imposed to fight the country’s coronavirus outbreak, two sources familiar with the matter told Reuters on Friday. The sources stressed that the situation is highly uncertain, saying the internal […]
BRUSSELS (AFP) – The European Commission wants to end the sale of new petrol and diesel cars by 2035, under a huge plan to fight climate change unveiled Wednesday. According to one of a dozen ambitious climate draft laws revealed in Brussels, emissions from motor vehicles must fall by 55 percent by 2030 and drop […]
WASHINGTON (Reuters) – U.S. economic growth for the second quarter is likely to be revised higher following a recent raft of stronger than initially thought data covering that period, which reflected the economy’s reopening amid improved public health.Slideshow ( 2 images )The Commerce Department’s quarterly services survey, or QSS report, on Thursday added to a […]
