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Exclusive: Tesla stops work at Shanghai factory for two days amid COVID restrictions in China – internal notice

SHANGHAI, March 16 (Reuters) – Electric vehicle giant Tesla (TSLA.O) is suspending production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as China tightens COVID restrictions for curb the country’s latest epidemic. The Shanghai factory operates 24 hours a day, and Tesla suppliers and staff were told […]

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Private equity-backed Strathcona buys assets of rival Caltex and Tucker

March 14 (Reuters) – Canadian oil and gas producer Strathcona Resources Ltd said on Monday it has acquired rival Caltex Resources Ltd, as it seeks to expand its oil recovery portfolio in Saskatchewan. Oil and gas producers across North America have shored up assets to take advantage of high global crude prices, up nearly 45% […]

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Twitter will reduce the circulation of BelTa and other publications of Belarusian state media

A Twitter logo is seen outside the company’s headquarters in San Francisco, California, U.S., January 11, 2021. REUTERS/Stephen Lam/Files Join now for FREE unlimited access to Reuters.com Register OAKLAND, Calif., March 10 (Reuters) – Twitter Inc (TWTR.N) will place labels and limit the circulation of Belarusian state media publications and their senior executives, the company […]

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CERAWEEK With the oil market in turmoil, energy leaders demand more production and security

Oil producers must increase production – Hess Kerry calls Russia’s actions ‘abhorrent’ Several thousand attendees at the Houston conference March 7 (Reuters) – Oil and gas executives pleaded at an industry conference on Monday for greater security of energy supply and increased fossil fuel production, while the U.S. envoy for the climate called for the […]

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US activist investors and Icahn cry foul over proposed stock disclosure rule

March 3 (Reuters) – Activist investors including Carl Icahn say a U.S. proposal that would require them to disclose 5% stakes in companies days earlier than current rules could prevent them from creating the large positions they need for successful campaigns. The Securities and Exchange Commission (SEC) proposed the new rule last month in a […]

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South Korea Bans Exports of Strategic Items to Russia, Joins SWIFT Sanctions

A truck moves a shipping container at Pyeongtaek Port in Pyeongtaek, South Korea, July 9, 2020. REUTERS/Kim Hong-Ji/Files Join now for FREE unlimited access to Reuters.com Register SEOUL, Feb 28 (Reuters) – South Korea will tighten export controls on Russia by banning shipments of strategic items and join moves by Western countries to block some […]

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Australia’s AGL Energy rejects $3.5 billion bid, investors expect more

The logo of AGL Energy Ltd, Australia’s second-largest electricity retailer, adorns its headquarters building in Sydney, Australia, February 8, 2017. Picture taken February 8, 2017. REUTERS/David Gray Join now for FREE unlimited access to Reuters.com Register Australia’s 2nd richest man, Canadian Brookfield, has made a joint bid The offer was at a 4.7% premium to […]

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UAE, India to sign trade and investment deal on Friday

Indian Prime Minister Narendra Modi (right) reaches out for a handshake to Sheikh Mohammed bin Zayed al-Nahyan, Crown Prince of Abu Dhabi and Deputy Commander-in-Chief of the United Arab Emirates Armed Forces during a session photo before their meeting at Hyderabad House in New Delhi, India, January 25, 2017. REUTERS/Adnan Abidi Join now for FREE […]

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China approves use of Pfizer’s COVID drug Paxlovid

The coronavirus disease (COVID-19) treatment pill Paxlovid is seen in a box, at the Misericordia hospital in Grosseto, Italy, February 8, 2022. REUTERS/Jennifer Lorenzini Join now for FREE unlimited access to Reuters.com Register BEIJING, Feb 12 (Reuters) – China’s medical products regulator said on Saturday it had given conditional approval to Pfizer’s COVID-19 drug Paxlovid […]

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Credit Suisse faces money laundering charges in cocaine traffickers trial in Bulgaria

ZURICH, Feb 7 (Reuters) – Credit Suisse was charged in a Swiss court on Monday with allowing a suspected Bulgarian cocaine gang to launder millions of euros, some of it in suitcases. In the first criminal trial of a major bank in Switzerland, Swiss prosecutors are seeking around 42.4 million Swiss francs ($45.86 million) in […]

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Sarah Palin and The New York Times clash in lawsuit testing defamation protection for media

NEW YORK, Feb 3 (Reuters) – Sarah Palin, the former governor of Alaska and 2008 Republican candidate for U.S. vice president in 2008, went on trial against The New York Times on Thursday in a highly anticipated libel case that could test longstanding US protections. media. Palin, 57, is suing a 2017 op-ed that incorrectly […]

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Credit Suisse faces lawsuit over investor currency rigging in New York

NEW YORK, Feb 2 (Reuters) – A U.S. judge on Tuesday refused to dismiss a class action lawsuit brought by investors accusing Credit Suisse Group AG (CSGN.S) of conspiring to rig prices in the foreign exchange markets of around $6.6 trillion a day market. Credit Suisse is the last remaining defendant bank in the antitrust […]

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Wall Street rallies, capping frenetic week with best day of the year

Apple jumps after record sales during the holiday quarter Visa leaps on rising travel and e-commerce spending Caterpillar falls after reducing pressure on margins Rise in indices: Dow 1.65%, S&P 2.43%, Nasdaq 3.13% NEW YORK, Jan 28 (Reuters) – Wall Street surged on Friday, marking its best day so far in 2022 after another zigzag […]

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Credit Suisse problems deepen as lender warns of fourth quarter loss

The logo of Swiss bank Credit Suisse is seen at a branch in Zurich, Switzerland, November 3, 2021. REUTERS/Arnd WIegmann Join now for FREE unlimited access to Reuters.com Register Bank reports legal provisions of 500 million Swiss francs Wealth management assets fall Falling risk appetite hits businesses ZURICH, Jan 25 (Reuters) – Credit Suisse (CSGN.S) […]

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Wall Street reverses and ends higher in end-of-session rally

Kohl pushes as Sycamore and Acacia show interest in takeover IBM launches after-hours trading after releasing earnings Indices up: Dow 0.29%, S&P 0.28%, Nasdaq 0.63% NEW YORK, Jan 24 (Reuters) – Wall Street rebounded from a strong late-trading selloff to close higher on Monday as bargain hunters pushed indices into positive territory as they closed […]

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Tight supply and heating demand push global diesel margins to multi-year highs

A worker walks along oil pipes at Dinh Vu oil port in Hai Phong city, 100 km (62 miles) east of Hanoi March 14, 2012. REUTERS/Kham Join now for FREE unlimited access to Reuters.com Register Cracks supported by stronger than expected demand and tight supplies Inventories in major malls at historic lows Jan 21 (Reuters) […]

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Distress signal sparks UN concern after Tonga volcanic eruption

Australia and New Zealand send reconnaissance flights to Tonga The Red Cross says 80,000 people could have been affected Two people, including a British, missing Two drowned in Peru Ash clouds from the eruption moving towards New Zealand, Australia SYDNEY/WELLINGTON, Jan 17 (Reuters) – A distress signal has been detected in a group of isolated, […]

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EXCLUSIVE Exxon Mobil Launches Sale of U.S. Shale Gas Properties – Marketing Document

An Exxon Mobil Corp logo is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil, September 24, 2018. REUTERS / Sergio Moraes / File Photo / File Photo Register now for FREE and unlimited access to Reuters.com Register Jan.11 (Reuters) – Exxon Mobil (XOM.N) on Tuesday launched the sale […]

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A leap into deforestation in the world’s most biodiverse savannah alarms Brazilian scientists

SAO PAULO, Jan.3 (Reuters) – Last year, deforestation hit its highest level since 2015 in Brazil’s Cerrado, prompting scientists on Monday to sound the alarm over the state of the world’s richest savannah. species of the world and a major carbon sink that helps keep off climate change. The Cerrado, one of the largest savannahs […]

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Swiss National Bank cancels third quarter foreign exchange purchases

A general view of the Swiss National Bank (SNB) building in Zurich, Switzerland, December 16, 2021. REUTERS / Arnd Wiegmann Register now for FREE and unlimited access to Reuters.com Register ZURICH, Dec.31 (Reuters) – The Swiss National Bank spent 2.79 billion Swiss francs ($ 3.05 billion) in foreign currency during the third quarter, data showed […]

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Boeing and Airbus executives call for postponement of 5G wireless deployment in US

A Boeing logo is seen at the company’s facilities in Everett after it was announced that their model 777X will make its first test flight later this week in Everett, Washington, United States, January 21, 2020. REUTERS / Lindsey Wasson / File Photo Register now for FREE and unlimited access to Reuters.com Register WASHINGTON, Dec.20 […]

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Japanese lobbyist backs Myanmar coup, calls for investment

TOKYO, December 17 (Reuters) – A former Japanese politician who campaigned for Billions in investment dollars from some of Japan’s biggest companies in Myanmar urged Japan to endorse its military rule, saying the country’s coup leader has “grown fantastically as a human being,” while by praising his “democratization efforts”. Former cabinet minister Hideo Watanabe, 87, […]

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Elizabeth Holmes intention takes center stage as Theranos fraud trial draws to a close

The names of companies and law firms shown above are generated automatically based on the text of the article. We are improving this functionality as we continue to test and develop in beta. We appreciate comments, which you can provide using the comments tab on the right of the page. SAN JOSE, Calif., Dec. 16 […]

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Oil prices on the rise, but concerns about the Omicron coronavirus variant persist

Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, United States, April 7, 2021. REUTERS / Lucy Nicholson / File Photo Register now for FREE and unlimited access to reuters.com Register AfDB Slashes Asia Growth Forecast on Omicron Risks Chinese manufacturing center fights first COVID-19 outbreak in 2021 OPEC […]

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U.S. FTC orders Walmart, Amazon to provide information in supply chain investigation

Signage is visible at the Federal Trade Commission headquarters in Washington, DC, USA, August 29, 2020. REUTERS / Andrew Kelly Register now for FREE and unlimited access to reuters.com Register now WASHINGTON, Nov. 29 (Reuters) – The United States Federal Trade Commission (FTC) on Monday announced it was investigating whether supply chain disruptions are hurting […]

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Nissan to spend $ 17.6 billion over 5 years on electrification

The Nissan Motor logo is displayed during a press preview of the company’s new Ariya all-battery SUV at the Nissan Pavilion in Yokohama, south of Tokyo, Japan on July 14, 2020. REUTERS / Issei Kato Register now for FREE and unlimited access to reuters.com Register now TOKYO, Nov. 29 (Reuters) – Nissan Motor Co (7201.T) […]

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EXCLUSIVE Dyson Drops Malaysian Supplier ATA Due to Labor Issues

Workplace audit, whistleblower allegations leading to dismissal ATA already under US investigation into labor practices ATA shares dip 30% to lowest since April 2020 KUALA LUMPUR, Nov. 25 (Reuters) – High-tech home appliance maker Dyson Ltd told Reuters it severed ties with ATA supplier IMS Bhd (ATAI.KL) following an audit of Malaysian company labor practices […]

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South Korean schools resume full classes in person

Children attend a class at an elementary school in Daejeon, South Korea on November 22, 2021. Yonhap via REUTERS Register now for FREE and unlimited access to reuters.com Register now SEOUL, Nov. 22 (Reuters) – For the first time since South Korea began tackling its coronavirus outbreak in early 2020, all schools across the country […]

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Oil prices mixed on tight stocks, demand worries

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS / Christian Hartmann / File Photo Trafigura CEO Weir sees “very, very tight” oil market Oil price rally should ease as supply rebounds, IEA says COVID lockdown fears in Europe, increasing cases in China […]

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Credit Suisse says it closed Ai Weiwei’s account due to missing documents

Chinese artist Ai Weiwei poses for a portrait in front of his new work titled ‘Pequi Tree’, a 32-meter-high iron tree on display in the grounds of the Serralves Contemporary Art Museum as part of his “Intertwine” exhibition in Porto, Portugal, July 22, 2021. REUTERS / Violeta Santos Moura ZURICH, Nov.6 (Reuters) – Credit Suisse […]

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J&J Fails in Latest Offer to Appeal Australian Pelvic Mesh Class Action Decision

MELBOURNE, Nov. 5 (Reuters) – Australia’s High Court on Friday refused to hear an appeal that Johnson & Johnson sought to overturn a federal court ruling that its affiliate, Ethicon, had sold faulty pelvic mesh implants , said a spokesperson for the tribunal. J&J and Shine Lawyers, who led the class action, said the case […]

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Exxon Mobil wants to build carbon storage hubs in Southeast Asia, similar to the Houston project

An Exxon gas station is seen in Houston, Texas, the United States on April 30, 2019. REUTERS / Loren Elliott SINGAPORE, Oct. 25 (Reuters) – Exxon Mobil Corp (XOM.N) wants to build carbon capture (CCS) storage hubs in Southeast Asia, like its project in Houston, Texas, and has started discussions with some countries with potential […]

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Liquid leak closes UK gas processing terminal in Easington, Norway does not flow

A British Gas sign can be seen outside its offices in Staines, southern England on July 31, 2014. REUTERS / Toby Melville / File Photo LONDON, Oct. 18 (Reuters) – Britain’s Easington gas handling terminal was shut down completely on Monday after a liquid leak was detected, British Gas said, but the flow of gas […]

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For UK chicken farmers, Brexit and COVID are brewing a perfect storm

DRIFFIELD, England, Oct. 18 (Reuters) – When Nigel Upson checks plucked chicken carcasses hanging from a rotating line at his poultry factory in England, he sees his company’s money bleeding out following a collision of events that has turned every part of the farm-to-fork supply chain upside down. Like food manufacturers across Britain, Upson has […]

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South Korea targets Apple for new app store regulations

SEOUL, Oct. 15 (Reuters) – Apple Inc (AAPL.O) was on a collision course with South Korea on Friday due to new demands to stop forcing app developers to use its payment systems , with an official government warning of a possible iPhone manufacturer’s compliance investigation. The move comes after South Korea amended the telecommunications law […]

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Crude surges on global energy crisis; American oil at its highest for 7 years

Pipelines move into Enbridge Inc. crude oil storage tanks at their tank farm in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford TOKYO, Oct. 11 (Reuters) – Oil prices rose again on Monday, extending gains by several weeks as an energy crisis affecting major economies shows no signs of easing amid tightening supply […]

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Analysis: Business travel “carbon budgets” are emerging for airlines

A traveler walks past a Christmas tree as he passes through Ronald Reagan Washington National Airport in Arlington, Virginia, United States, December 22, 2020. REUTERS / Kevin Lamarque About 90% of business travel emissions come from the air Large companies are increasingly setting reduction targets Emissions in business class 3 times higher than in economy […]

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EU questions Microsoft rivals over Teams integration into Office

The Microsoft Teams application is visible on the smartphone placed on the keyboard in this illustration taken on July 26, 2021. REUTERS / Dado Ruvic / Illustration / File Photo BRUSSELS, Oct. 8 (Reuters) – EU antitrust regulators follow up on Slack Technologies complaint asking Microsoft’s competitors (MSFT.O) if its Teams app integrated into its […]

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Amazon and Google to participate in White House Quantum Technology Forum

WASHINGTON, Oct. 5 (Reuters) – Amazon.com Inc (AMZN.O), Google (GOOGL.O) and Microsoft Corp (MSFT.O) are scheduled to attend a Biden administration conference on quantum technology on Tuesday as that the US government is working to ward off piracy threats and corner a burgeoning industry. The White House’s Office of Science and Technology Policy (OSTP) is […]

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California oil spill cause investigated, ship anchor cited as possibility

HUNTINGTON BEACH, Calif., Oct. 4 (Reuters) – A ship’s anchor hitting a pipeline carrying crude from an offshore oil rig may have spilled 3,000 barrels (126,000 gallons) of oil into the Pacific Ocean off the coast of southern California, according to the CEO of the Houston-based company that owned the platform. The massive weekend spill […]

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Delta Air Ticket Sales Improve and Restore Initial View of Third Quarter Revenue

Delta Air Lines passenger jets are parked due to flight cuts made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, USA, March 25, 2020. REUTERS / Elijah Nouvelage BOSTON, Oct. 3 (Reuters) – Delta Air Lines (DAL.N) said on Sunday its ticket sales stabilized and started improving, putting […]

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Eve d’Embraer receives an order in Brazil for up to 100 VTOL

SAO PAULO, Oct. 3 (Reuters) – Eve Urban Air Mobility, an Embraer company (EMBR3.SA), has received an order for up to 100 eVTOL, or electric vertical take-off and landing (eVTOL) aircraft, according to a representative from the Embraer press on Sunday. Avantto, a Brazil-based aircraft and timeshare operator, has placed the order, with deliveries scheduled […]

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Coinbase says hackers stole cryptocurrency from at least 6,000 customers

Oct. 1 (Reuters) – Hackers stole the accounts of at least 6,000 customers of Coinbase Global Inc (COIN.O), according to a breach notification letter sent by the cryptocurrency exchange to affected customers. The hack took place between March and May 20 of this year, according to a copy of letter posted on the California Attorney […]

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GM CEO Barra first woman to chair business roundtable

Mary Barra, CEO of General Motors, attends the Allen and Co. Sun Valley annual press conference in Sun Valley, Idaho, United States on July 12, 2019. REUTERS / Brendan McDermid / File Photo WASHINGTON, Sept.29 (Reuters) – General Motors (GM.N) chief executive Mary Barra was named president of the Business Roundtable on Wednesday, the automaker […]

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Japan’s GPIF to Avoid Chinese Government Bonds Even After Benchmark Inclusion

The sign of the Government Pension Investment Fund (GPIF) of Japan can be seen in Tokyo, Japan on November 16, 2018. REUTERS / Toru Hanai / Files GPIF says to stay out of Chinese government bonds WGBI is expected to start including China from October Chinese bonds offer higher yields than developed countries TOKYO / […]

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Cryptocurrency exchanges scramble to abandon Chinese users after Beijing ban

SHANGHAI, Sept.27 (Reuters) – Beijing’s new blanket ban on all cryptocurrency trading and mining – the largest yet by a large economy – has caused crypto exchanges and service providers to scramble to break down business ties with mainland Chinese customers. Shares of a series of Chinese crypto-related companies have plunged on the ban that […]

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US oil refiners choose Iraqi and Canadian crudes to replace storm losses – traders

A view of the ExxonMobil Baton Rouge refinery in Baton Rouge, Louisiana, United States on May 15, 2021. REUTERS / Kathleen Flynn / File Photo HOUSTON, Sept. 23 (Reuters) – U.S. oil refiners seeking to replace crude lost after a storm in the U.S. Gulf of Mexico last month have turned to Iraqi and Canadian […]

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Asian stocks win, but Evergrande’s nervousness keeps investors on the lookout

Investors look at computer screens displaying stock information at a brokerage house in Shanghai, China, April 21, 2016. REUTERS / Aly Song // File Photo HONG KONG, Sept. 23 (Reuters) – Asian stocks rose on Thursday, supported by positive news from struggling developer China Evergrande Group (3333.HK), as the dollar held near a high of […]

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The world’s largest companies call for zero-emission shipping by 2050

A container ship disembarks at the port of Matautu, which has been expanded with Japanese support, in the Samoan capital of Apia on July 12, 2019. REUTERS / Jonathan Barrett LONDON, Sept. 22 (Reuters) – More than 150 leading companies and organizations, including oil majors and port authorities, on Wednesday called for the total decarbonization […]

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Evergrande wooed retail investors with Gucci bags and Dyson devices

Cranes stand next to unfinished residential buildings at Evergrande Oasis, a real estate complex developed by Evergrande Group, in Luoyang, China, September 15, 2021. REUTERS / Carlos Garcia Rawlins / File Photo SHANGHAI, Sept.21 (Reuters) – Lured by the promise of yields of around 12%, freebies such as Dyson air purifiers and Gucci bags, and […]

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Relaxation of restrictions will boost U.S. airlines, but business travel remains unclear

CHICAGO, Sept.20 (Reuters) – U.S. airlines will benefit on Monday from the Biden administration’s decision to reopen the country to fully vaccinated air travelers from around the world, experts said, but the prospects for lucrative business travel were less certain. Lifting the restrictions will allow tens of thousands of foreign nationals to travel to the […]

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Wall St tumbles over 2% due to growth concerns; attention turns to the Fed

People wearing face masks walk past the New York Stock Exchange (NYSE) during the coronavirus disease (COVID-19) outbreak in New York, New York, United States on July 19, 2021. REUTERS / Andrew Kelly Energy and bank stocks drive the market down All eyes are on the Fed policy meeting later this week Major airlines mingle […]

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EXCLUSIVE US trade official called India’s Mastercard ban “draconian”

A smartphone with the Mastercard logo can be seen in front of the stock chart displayed in this illustration taken July 15, 2021. REUTERS / Dado Ruvic / Illustration / File Photo Internal U.S. government emails show frustration after Mastercard ban US trade official privately criticized India’s central bank Mastercard ban on new card issuance […]

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The UN launches a trumpet cry on the “irreversible” climate impacts of man

Human activities “unequivocally” cause climate change World expected to reach 1.5 ° C warming limit within 20 years Aug. 9 (Reuters) – The United Nations climate panel issued a terrible warning on Monday, saying the world is dangerously close to uncontrollable warming – and that humans are “unequivocally” to blame. Already, levels of greenhouse gases […]

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Allianz CEO describes horrific week with US DOJ investigation

Decision on possible reservations Faces $ 6 billion in investor lawsuits Former and current US employees contacted by the DOJ Exceeds second quarter earnings expectations To buy back shares FRANKFURT, Aug.6 (Reuters) – Oliver Baete, managing director of German company Allianz (ALVG.DE), on Friday spoke of a “horrible week” for him and the insurer, his […]

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China bans for-profit tutoring in basic school subjects – document

People stand outside the headquarters of the New Oriental Education & Technology Group in Beijing, China on November 25, 2016. REUTERS / Thomas Peter / File Photo The rules in the policy document are stricter than expected Shares of education companies plunge Policy to alleviate the burden on students, families School support also prohibited on […]

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Wall Street Reverses Sale Amid Concerns Over COVID Variant

Wall Street rises in sharp reversal from Monday’s liquidation US Treasury Yields Bounce From Five-Month Lows US dollar soars to three-month high Overall Asset Performance http://tmsnrt.rs/2yaDPgn NEW YORK, July 20 (Reuters) – Wall Street made a comeback on Tuesday with all major indexes rising, and the yields of other safe-haven stocks, including U.S. Treasuries, rebounded […]

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Four people shot dead in front of Washington Nationals baseball stadium

WASHINGTON, July 17 (Reuters) – Some fans and players scrambled for cover during a professional baseball game in Washington on Saturday night as gunfire filled the stadium, and police said more late that four people had been shot outside. Initially, it was not clear to fans whether the shooting took place inside the complex. Videos […]

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U.S. Yellen says tax changes for large companies may not be ready until 2022

U.S. Treasury Secretary Janet Yellen answers questions during the Senate Appropriations Subcommittee hearing to consider the FY22 budget request for the Treasury Department at Capitol Hill in Washington, DC, States United, June 23, 2021. Greg Nash / Pool via REUTERS VENICE, July 11 (Reuters) – U.S. Treasury Secretary Janet Yellen said on Sunday that a […]

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Sydney Airport Receives $ 16.7 Billion Takeover Offer; the stock increase misses the bid price

IFM, QSuper, Global Infrastructure Partners behind the offer Spot offer with a 42% premium over the last Friday closing price Offer conditional on UniSuper’s reinvestment of 15% of the capital SYDNEY, July 5 (Reuters) – Sydney Airport Holdings Pty Ltd (SYD.AX) on Monday announced that a group of infrastructure investors had proposed an Australian $ […]

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Explanation: The regulatory and legal headwinds facing Robinhood

WASHINGTON, July 1 (Reuters) – Robinhood Markets Inc, the online brokerage firm at the center of this year’s retail frenzy, on Thursday revealed previously unreported regulatory risks in its initial public offering both expected. In an increasingly hostile climate in Democrat-led Washington, Robinhood’s growing regulatory attention could be a drag for some potential investors. In […]

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Petrobras raises $ 2.3 billion in the sale of its stake in fuel distributor

The logo of Brazilian state oil company Petrobras can be seen at its headquarters in Rio de Janeiro, Brazil on October 16, 2019. REUTERS / Sergio Moraes / File Photo SAO PAULO, June 30 (Reuters) – Brazilian state-owned oil company Petroleo Brasileiro SA (PETR4.SA), known as Petrobras, said on Wednesday it had raised 11.36 billion […]