WASHINGTON, Oct 23- President Donald Trump on Wednesday is expected to affirm plans to pull the United States out of the Paris climate agreement, a source said, less than two weeks before he can officially start the process. Trump is slated to speak at 3:30 p.m. at the Shale Insight conference in Pittsburgh and is expected to tout surging U.S. natural gas and crude...
*Google: quantum computers overtake classical supercomputers. BERLIN, Oct 23- Alphabet Inc's Google said on Wednesday it achieved a breakthrough in computing research by using a quantum computer to solve in minutes a complex problem that would take today's most powerful supercomputer thousands of years to crack. "Were hoping that when people start using this...
LONDON, Oct 23- In common with millions of other Lebanese living abroad, London restaurateur Moufid Shamms is unable to send cash back to support his family- in his case daughters studying at school. That is a problem for Shamms, who usually makes transfers via Western Union, and also for Lebanon's small economy. "I have my two eldest daughters living in Lebanon and...
HELSINKI/ FRANKFURT, Oct 23- Kone might sell some parts of Thyssenkrupp's elevator business if the Finnish firm wins an auction to buy it, the CEO of the world's No.3 elevator maker said. Kone is one of at least 10 potential bidders for Thyssenkrupp's 15 billion euro lifts business. But any deal between the two is certain to raise red flags in Brussels, which has...
LONDON, Oct 23- Mel Stride, a former junior finance minister who lost his job in government when Boris Johnson became prime minister, has won an election to chair the British parliament committee which supervises the Bank of England and finance ministry. The cross-party committee regularly questions Bank of England officials, the finance minister and tax...
AMSTERDAM, Oct 23- Japanese carmaker Honda has brought forward a goal to only sell electric and hybrid cars in Europe by three years to 2022, a leading company executive said on Wednesday. Last month, Honda said it would phase out all diesel vehicle sales in Europe by 2021 in favour of electrified vehicles. "We see a big change happening in Europe and today we are...
*PM Johnson tells Tusk still wants Britain to leave EU on Oct. 31. BRUSSELS, Oct 23- EU leaders considered on Wednesday whether to give Britain a three-month Brexit extension, and Prime Minister Boris Johnson said that if they do so he would call an election by Christmas. But there are still plenty of hurdles left, and Johnson's ability to deliver on a "do or die" pledge to...
*Google: quantum computers overtake classical supercomputers. *Able to crack random number problem in minutes. BERLIN, Oct 23- Google said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would take today's most powerful supercomputer thousands of years to crack.
*Google: quantum computers overtake classical supercomputers. *Able to crack random number problem in minutes. BERLIN, Oct 23- Google said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would take today's most powerful supercomputer thousands of years to crack.
*Soybean futures have gained on talk of China quotas. SINGAPORE/ PARIS, Oct 23- Chicago soybean futures pared initial gains on Wednesday as traders booked profits after a surge the previous day on prospects of renewed Chinese purchases. The Chicago Board of Trade most-active soybean contract dropped 0.2% to $9.32-1/ 2 a bushel by 1130 GMT after hitting $9.39-1/ 2...
SEATTLE/WASHINGTON, Oct 22- Boeing Co on Tuesday ousted the top executive of its commercial airplanes division, Kevin McAllister, marking the first high-level departure since two fatal crashes of its 737 MAX jets. The company named veteran Boeing executive Stan Deal to succeed McAllister effective immediately as president and chief executive of Boeing...
Oct 23- Amid a groundswell of public pressure for climate action, companies, sectors and countries worldwide have trumpeted new pledges, from setting net-zero emissions targets to declaring carbon neutrality in specific timeframes. Some of these terms are used interchangeably. WHAT DOES THE PARIS AGREEMENT SAY?
LONDON, Oct 23- Intense dialogue between British and European Union financial regulators must start now or London risks being cut off from the bloc after Brexit, a top banking lobbyist said on Wednesday. Banks, insurers and asset managers in Britain currently have unfettered access to customers across the EU but this will end after Britain leaves the bloc.
LONDON, Oct 23- Intense dialog between British and European Union financial regulators must start now or London risks being cut off from the bloc after Brexit, a top banking lobbyist said on Wednesday. Banks, insurers and asset managers in Britain currently have unfettered access to customers across the EU but this will end after Britain leaves the bloc.
BERLIN, Oct 23- Germany nominated university professor Isabel Schnabel to the European Central Bank's executive board on Wednesday, giving Berlin an expert voice on the bank's top decision-making body and a possible bridge-builder in a time of deep divisons. The decision by the German cabinet was expected after a source told Reuters on Tuesday that Finance...
Here are key features of Amazon's on-the-ground delivery in its biggest international market, Germany, compared with DHL, one of the world's largest logistics firms. Amazon offers same-day deliveries in 20 metropolitan areas in Germany if customers order before midday. DHL offers same-day deliveries with a latest time of 4 p.m. for pickups close to a...
MANNHEIM, Germany, Oct 23- Every half an hour, 50 vans sweep into Amazon's distribution centre in Mannheim, Germany and sweep out again with up to 200 parcels and a precise delivery plan in each. An Iraqi who has lived in Germany since 2001, he is struggling to find around 50 to 60 new drivers. Many migrants with families calculate they will get more in benefits than the...
ZURICH, Oct 23- ABB's profit fell by less than expected in the third quarter, lifting its shares on Wednesday, although the Swiss engineering company said conditions were weakening in the United States and China, its two biggest markets. ABB said orders turned negative in the United States, while there was a faster drop in new business from China, whose economy grew...
*Asia very strong, Americas weak. BRUSSELS, Oct 23- Heineken, the world's second-largest brewer, forecast profit this year would be at the bottom end of its previous guidance after an unexpected dip in third-quarter sales in the Americas partly offset strong growth in Asia. Otherwise, the Amsterdam- based brewer reported a mixed bag of beer sales figures, with a...
BERLIN, Oct 23- Germany on Wednesday nominated university professor Isabel Schnabel to the European Central Bank's executive board, giving Berlin an expert voice on the bank's top decision-making body and a possible bridge-builder to get sceptical Germans on board. Schnabel, a member of the German Council of Economic Experts, the country's "wise men", since...
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