Bloomberg Prime Minster Boris Johnson’s government will set a goal to cut UK carbon pollution by 78% by 2035, deepening an already ambitious target as he seeks to spur global momentum in the fight against climate change and boost relations with US President Joe Biden. The government will adopt the target — a cut relative to 1990 levels — in ...

Bloomberg European stocks got a boost from upbeat corporate results that helped allay concern about the rising toll of the virus. The dollar extended a rebound. The Stoxx Europe 600 Index surged 0.7%, with energy and tech firms leading gains in almost every industry sector. S&P 500 contracts erased losses following a retreat in the US benchmark all week. Nasdaq ...

Bloomberg Up four weeks and six of the last seven, US stocks are doing something they haven’t done since March: fall on consecutive days. For the first time in a long time, Wall Street pundits found themselves trying to explain a weak market. Covid-19 cases are surging around the world. Anxiety is swirling that new lockdowns could be afoot. Tension ...