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November 30, 2021

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EXCLUSIVE World Bank works to redirect frozen funds to Afghanistan for humanitarian aid only -sources

Reuters
A mother shops with her children at the market in Kabul, Afghanistan October 29, 2021. REUTERS/Zohra Bensemra/File Photo Register now for FREE unlimited access to reuters.com Register WASHINGTON, Nov 29 (Reuters) – The World Bank is finalizing a proposal to deliver up to $500 million from a frozen Afghanistan aid......

Jury sworn in Ghislaine Maxwell sex-abuse trial in New York

Reuters
NEW YORK, Nov 29 (Reuters) – A jury was sworn in on Monday in the sex-abuse trial of Ghislaine Maxwell, who is accused of recruiting and grooming underage girls for Jeffrey Epstein, the late, disgraced financier. Between 1994 and 2004, Maxwell – a former employee and romantic partner of Epstein’s......

Costly Airbus paint flaw goes wider than the Gulf

Reuters
DUBAI, Nov 29 (Reuters) – A dispute between Airbus (AIR.PA) and Qatar Airways over paint and surface flaws on A350 jets stretches beyond the Gulf, with at least five other airlines raising concerns since the high-tech model entered service, according to documents seen by Reuters and several people with direct......

Explainer: How worried should we be about the Omicron variant?

Reuters
Travelers line up for a COVID-19 test during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., November 26, 2021. REUTERS/Carlo Allegri Register now for FREE unlimited access to reuters.com Register Nov 27 (Reuters) – The new Omicron coronavirus variant – identified first......

After shaking up nickel, China’s Tsingshan sets sights on lithium

Reuters
An electric car is charged at a roadside EV charge point, London, October 19, 2021. REUTERS/Toby Melville/File Photo/File Photo Register now for FREE unlimited access to reuters.com Register Nov 26 (Reuters) – Tsingshan Holding Group, the Chinese firm that shook the nickel world by rapidly boosting output in Indonesia, is......

EXCLUSIVE Dyson dumps Malaysian supplier ATA over labour concerns

Reuters
A Dyson logo is seen on 5th Ave in New York, New York, U.S., March 19, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to reuters.com Register Workplace audit, whistleblower allegations led to termination ATA already under U.S. investigation over labour practices Shares in ATA plunge 30% KUALA......

Explainer: What is happening with U.S. gasoline prices?

Reuters
Chevron fracking site near Midland, Texas, U.S. August 22, 2019. REUTERS/Jessica Lutz/File Photo Register now for FREE unlimited access to reuters.com Register Nov 24 (Reuters) – The United States uses more gasoline than any other nation in the world, and lately Americans have grown concerned about the swift rise in......

EXCLUSIVE Major Toshiba shareholder objects to break-up, urges board to solicit offers

Reuters
The logo of Toshiba Corp. is seen next to a traffic signal atop of a building in Tokyo, Japan November 9, 2021. REUTERS/Issei Kato Register now for FREE unlimited access to reuters.com Register TOKYO, Nov 24 (Reuters) – Toshiba Corp’s (6502.T) second-largest shareholder on Wednesday objected to the Japanese conglomerate’s......

EXCLUSIVE Indigenous group seeks stake in Woodside’s $12 bln Scarborough, Pluto LNG project

Reuters
The Woodside gas plant is seen at sunset in Burrup at the Pilbara region in Western Australia April 18, 2011. REUTERS/Daniel Munoz/File Photo Register now for FREE unlimited access to reuters.com Register Huge gas project to be built near ancient rock art site Indigenous group seeks to benefit from gas......

U.N. warns of ‘colossal’ collapse of Afghan banking system

Reuters
UNITED NATIONS, Nov 22 (Reuters) – The United Nations on Monday pushed for urgent action to prop up Afghanistan’s banks, warning that a spike in people unable to repay loans, lower deposits and a cash liquidity crunch could cause the financial system to collapse within months. In a three-page report......

Analysis: Visa’s Amazon spat shows power is shifting to retailers in fee battle

Reuters
NEW YORK, Nov 22 (Reuters) – Amazon.com Inc (AMZN.O)‘s latest spat with Visa (V.N) shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it’s not a crisis for the payment company. Amazon said last week......

U.S. EPA proposes extending refinery compliance deadline for biofuel laws

Reuters
Signage is seen at the headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to reuters.com Register NEW YORK, Nov 18 (Reuters) – The U.S. Environmental Protection Agency on Thursday proposed giving oil refiners more......

EXCLUSIVE Mexico considers tighter entry rules for Venezuelans after U.S. requests -sources

Reuters
SAN FRANCISCO/MEXICO CITY, Nov 12 (Reuters) – Mexico is considering setting tougher entry requirements for Venezuelans, partly in response to U.S. requests, after a sharp rise in border arrests of Venezuelans fleeing their homeland, according to three people familiar with the matter. Currently, Venezuelans do not need a visa to......

Explainer: Five legal questions raised by Elon Musk’s unorthodox share sales

Reuters
WASHINGTON, Nov 11 (Reuters) – It’s been another wild ride for Tesla (TSLA.O) investors after billionaire chief executive Elon Musk pledged via Twitter to sell 10% of his shares in the company. While the unorthodox way he went about it has raised eyebrows, it’s unclear if he or Tesla have......

Some financial backers bail on shipping companies as investors shun coal

Reuters
LONDON, Nov 12 (Reuters) – Shipping companies that transport the world’s coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by nations to renounce the dirtiest fossil fuel. In a sign of investors taking the initiative,......

COP26 draft deal treads fine line to spur climate action

Reuters
A delegate walks past a picture showing the Earth at night at the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 11, 2021. REUTERS/Yves Herman Latest draft keeps key request for tougher climate targets Some weakening in language on fossil fuels No specifics on increasing climate funding for......

Column: Seasonal weakness could take some heat out of oil prices: Kemp

Reuters
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 LONDON, Nov 11 (Reuters) – Oil prices are expected to stabilise near current levels over the next few months, then decline progressively over the course of next......

Analysis: U.S. oil refiners bet the farm Biden will back them on biofuels

Reuters
Choices at the gas pump including ethanol or no ethanol gas are seen in Des Moines, Iowa, U.S., January 29, 2020. REUTERS/Brian Snyder/File Photo/File Photo Nov 11 (Reuters) – U.S. merchant oil refiners like Monroe Energy and PBF Energy Inc (PBF.N) are playing chicken with the White House, taking moves......

EXCLUSIVE Didi prepares to relaunch apps in China, anticipates data probe will end soon -sources

Reuters
The app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the company logo displayed in this illustration picture taken July 1, 2021. REUTERS/Florence Lo/Illustration China launched cybersecurity investigation in July Didi apps removed from Chinese app stores since July Didi’s U.S.-listed shares up 5%......

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