Column: China picks up the American beans while the pig herd is still in check

NAPPERVILLE, Illinois, Nov. 17 (Reuters) – China has been choppy in the U.S. soybean market lately, though its purchases last week were unexpectedly large and probably badly needed as supplies of the largest bean ran out. imported. However, China’s pig industry, the largest in the world, could be on rocky ground as evidenced by rising … Read more

First TVs, now tortilla chips: American companies set minimum prices to stop discounting

NEW YORK, Nov. 17 (Reuters) – Makers of everything from toys to wafers are increasingly placing minimum prices on their items to maintain profits and limit price cuts as retailers like Walmart do so. (WMT.N) and Amazon.com Inc (AMZN.O) Trying to attract sales from each other over the Internet. As a result, shoppers are faced … Read more

Exclusive: Tesla considering exporting Chinese-made electric cars to US sources

SHANGHAI, November 11 (Reuters) – TESLA (TSLA.O) Two people familiar with the planning are considering exporting electric cars made in China to the United States, a reversal that would reflect the automaker’s deep cost advantage at its Shanghai plant and sluggish demand from Chinese consumers. Tesla is studying whether parts made by its suppliers in … Read more

African heritage sites in danger as the planet warms

Dozens of African monuments threatened by climate impacts The ruins of Carthage, Sabratha and Mount Kilimanjaro are in danger Lack of Funding, Research Hinders Conservation Efforts NAIROBI, Nov 8 (Thomson Reuters Foundation) – From the snow-capped summit of Mount Kilimanjaro to the ruins of the ancient Tunisian city of Carthage and Senegal’s slave island of … Read more

European debt market pressures force some governments to rewrite trading rules

Oct 31 (Reuters) – Some euro zone countries have relaxed rules for banks that handle the circulation of their government debt to help them weather some of the toughest market conditions in years, officials told Reuters. Of the 11 major eurozone debt agencies contacted by Reuters, officials in the Netherlands and Belgium told Reuters they … Read more

EXCLUSIVE: Thousands of workers fired in Qatar’s capital ahead of World Cup

Buildings housing Asian and African workers have been emptied Some residents gave two hours to leave the house World Cup highlights Qatar’s treatment of workers DOHA (Reuters) – Workers expelled from their homes told Reuters that Qatar has emptied housing complexes housing thousands of foreign workers in the same areas in the center of the … Read more

Analysis: Tech wreck shows big US corporations are not immune to corrosive Fed tightening

NEW YORK (Reuters) – Disappointing profits from the giants that drove markets higher for years sent their shares crashing and sends a worrying message about a US economy that until recently appeared to be facing a barrage of interest rate increases. Amazon (AMZN.O) The giant was the latest to provide bad news, saying on Thursday … Read more

US exclusive alleges Seagate breached export rules to sell Huawei hard drive sources

Oct 26 (Reuters) – Seagate Technology Holdings said in a filing on Wednesday that the U.S. government warned the company that it may have violated export control laws by providing hard drives to a customer that a source familiar with the situation said was Huawei Technologies (HWT.UL). Reuters first reported the disclosure on Wednesday and … Read more

Russia is largely preparing to avoid the new G7 oil price ceiling

LONDON (Reuters) – Russia can access enough tankers to ship most of its oil beyond the new Group of Seven price ceiling, industry players and a U.S. official told Reuters, underlining the limits of the most ambitious plan yet to rein in Moscow. Wartime proceeds. The Group of Seven agreed last month to limit Russian … Read more

Analysis: Indonesia’s defenses begin to crumble against the relentless dollar

SINGAPORE (Reuters) – The Indonesian currency is falling and foreign money in bond markets is heading out, raising fears that Southeast Asia’s largest economy is finally beginning to collapse after months of perceived resilience in the face of global headwinds. Despite its history of ruthless market beatings during times of global economic stress, Indonesia was … Read more