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EU finances first home-grown battery gigafactory

BRUSSELS, July 29 (Xinhua) -- The European Investment Bank (EIB) is investing 350 million U.S. dollars to support the financing of Sweden's Northvolt Ett, Europe's first home-grown gigafactory for lithium-ion battery cells, the bank said in a press release Wednesday.

World

Triple threat for refugees: Conflict, COVID-19 and cash, says IRC's Miliband

NEW YORK (Reuters) - As the COVID-19 pandemic spreads, people already displaced by conflict, hunger and economic upheaval are especially vulnerable. Lauren Young and Michelle Nichols of Reuters spoke with David Miliband, president and CEO of the International Rescue Committee (IRC), as part of our #AskReuters series. Below are edited highlights.