Ukraine’s Kherson races to restore energy and water after Russia’s withdrawal

The main infrastructure in Kherson was mined by the Russian ruler The humanitarian situation in Kherson is “extremely difficult” – official Authorities are working to restore vital services Fighting rages in Donetsk and eastern Luhansk regions Kherson, Ukraine (Reuters) – Public utilities companies in Kherson are working to restore vital infrastructure damaged and mined by … 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

Musk warns of Twitter bankruptcy as more CEOs resign

(Reuters) – Twitter’s new owner Elon Musk on Thursday raised the possibility of the social media platform’s bankruptcy, capping a chaotic day that included a warning from the US privacy regulator and the exit of the company’s trust and safety leader. In his first conference call with employees, the billionaire said he couldn’t rule out … Read more

COP27: Polluters must pay for climate change, poor countries say to the rich

Island nations demand global carbon tax “While they win, the planet is burning” Fears grow over hunger striker imprisoned in Egypt SHARM EL-SHEIKH, Egypt (Reuters) – Leaders of poor countries criticized rich governments and oil companies for causing global warming, using their speeches on Tuesday at the COP27 climate summit in Egypt to demand that … Read more

COP27: We’re on a highway to climate hell, says UN chief

China and the United States have a leading role Guterres aims to phase out coal by 2040 The UAE, which is hosting the 2023 talks, says it will continue to produce fossil fuels SHARM EL-SHEIKH, Egypt (Reuters) – United Nations Secretary-General Antonio Guterres told countries gathered at the start of the COP27 summit in Egypt … Read more

China’s COVID restrictions affected iPhone production, Shanghai Disney closed

Big iPhone factory may see 30% drop in production in November source Shanghai Disney Resort closes, visitors stay inside for testing China’s October PMI unexpectedly weak Gaming center in Macau reimposes COVID restrictions BEIJING (Reuters) – China’s COVID-19 restrictions forced the temporary closure of a Shanghai Disney resort on Monday, while production of Apple’s iPhones … 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

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

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

US condemns ‘war crimes’ after Russian drone attack on Kyiv apartment

The center of Kyiv was hit by Russian drones, at least four dead Ukrainian cities hit again a week after missile strikes In Russia, a fighter plane crashed into an apartment building Kyiv/WASHINGTON (Reuters) – The United States will hold Russia accountable for “war crimes”, the White House said on Monday, hours after Russia attacked … Read more