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British Business - Sept 8

Sept 8 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British gambling group 888 Holdings plc 888.L has won the race to acquire European operations of William Hill Ltd after outbidding Apollo Global Management Inc AP
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Biden aims for 50% electric vehicles by 2030 with industry support

By David Shepardson and Jeff Mason WASHINGTON, Aug 5 (Reuters) - U.S. President Joe Biden signed an executive order on Thursday aimed at making half of all new vehicles sold in 2030 zero-emissions and proposed new vehicle-emission rules to cut pollution through 2026, the White House said. Biden's goal, which is not legally binding, won the support
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China frictions steer electric automakers away from rare earth magnets

By Eric Onstad LONDON, July 19 (Reuters) - As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution - permanent magnets, sometimes smaller than a pack of cards, that power electric engines. Most are made of rare earth metals from China. The m
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British Business - July 16

July 16 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Revolut has hit a record-breaking valuation of $33 billion after an $800 million fundraising that put the digital lender's worth at six times higher than last ye
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EU proposes effective ban for new fossil-fuel cars from 2035

* Commission proposes 55% cut in CO2 emissions from cars by 2030 * Proposals include 100% cut in CO2 emissions from cars by 2035 * Commission expects 16.3 million charging stations by 2050 * Plug-in hybrids will count as low-emission vehicles until 2030 By Nick Carey and Christoph Steitz LONDON, July 14 (Reuters) - The European Union on Wednesday p
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