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July 1, 2022

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U.S. power companies face supply-chain crisis this summer

Reuters
by Reuters00
June 29 (Reuters) – U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events such as storms, wildfires and drought are becoming more common in the......
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U.S. FDA classifies recall of GE’s ventilator batteries as most serious

Reuters
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June 28 (Reuters) – U.S. health regulators on Tuesday classified the recall of some backup batteries of GE Healthcare’s ventilators, which the company had initiated in mid-April, as the most serious type, saying that their use could lead to injuries or death. The CARESCAPE R860 ventilator’s backup batteries, including replacement......
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Amazon places purchase limit on emergency contraceptive pills

Reuters
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June 28 (Reuters) – Amazon.com Inc (AMZN.O) has placed a temporary purchase limit of three units per week on emergency contraceptive pills, the company said on Tuesday. The move comes days after the U.S. Supreme Court overturned the landmark 1973 Roe v. Wade ruling that recognized women’s constitutional right to......
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Russian e-commerce firm Ozon starts selling goods via parallel imports mechanism

Reuters
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This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, June 23 (Reuters) – Russian e-commerce firm Ozon (OZON.O) said on Thursday it had started selling goods through a parallel imports mechanism on its platform, benefiting from legislation Russia has brought in......
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Samsung Australia fined $9.7 mln over false water-resistance claims

Reuters
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A woman tries out a Samsung Electronics’ Galaxy Note 8 at its store in Seoul, South Korea, October 11, 2017. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register June 23 (Reuters) – Australia’s competition regulator said on Thursday a court ordered the local unit of Samsung Electronics......
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Biden asks Congress to pause gas tax amid record pump prices

Reuters
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June 22 (Reuters) – U.S. President Joe Biden on Wednesday called on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices and provide temporary relief for American families this summer. The president also urged states to temporarily suspend state fuel taxes, which......
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Swedish court upholds ban on Huawei sale of 5G gear

Reuters
by Reuters00
STOCKHOLM, June 22 (Reuters) – A Swedish appeals court on Wednesday upheld a ruling by a lower court that banned Huawei (HWT.UL) from selling 5G equipment in the country, in the latest setback to the Chinese telecoms company’s hopes of staging a comeback. In 2020, Swedish telecom regulator PTS unexpectedly......
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U.S. energy chief to discuss record pump prices with refiners next week

Reuters
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WASHINGTON, June 16 (Reuters) – U.S. Energy Secretary Jennifer Granholm called an emergency meeting with refining executives for next week, a department spokesperson said on Thursday, as tensions between the Biden administration and Big Oil mount over soaring gasoline prices. The planned talks come as President Joe Biden, under pressure......
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Biden blasts oil refiners for record high gasoline prices, profits

Reuters
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Gas prices over the $6.00 mark are advertised at a 76 Station in Santa Monica, California, U.S., May 26, 2022. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 15 (Reuters) – U.S. President Joe Biden on Wednesday demanded oil refining companies explain why they are......
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Britain’s Go-Ahead agrees to $789 mln takeover by Australian-Spanish consortium

Reuters
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A Go-Ahead bus crosses Westminster Bridge in London, Britain August 29, 2015. REUTERS/Neil Hall/ Register now for FREE unlimited access to Reuters.com Register June 13 (Reuters) – British transport operator Go-Ahead (GOG.L) on Monday agreed to be bought by a consortium of Australia’s Kinetic Holding Co and Spain-based transport infrastructure......
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U.S. bill to rein in Big Tech backed by dozens of small and big companies

Reuters
by Reuters00
WASHINGTON, June 13 (Reuters) – Dozens of companies and business organizations sent a letter to U.S. Congress members on Monday, urging them to support a bill that would rein in the biggest tech companies such as Amazon.com (AMZN.O) and Alphabet’s (GOOGL.O) Google. Last week, Democratic U.S. Senator Amy Klobuchar and......
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Norway oil firms, workers agree wage deal in principle, avert strike for now

Reuters
by Reuters01
The West Hercules drilling rig leaves Skipavika, Norway April 1, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register OSLO, June 12 (Reuters) – Norwegian oil firms and employees have agreed in principle a new wage deal, avoiding for now a strike at nine fields that......
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QatarEnergy signs deal with TotalEnergies for Northfield East field

Reuters
by Reuters01
DOHA, June 12 (Reuters) – QatarEnergy signed a partnership deal with TotalEnergies on Sunday for the Northfield East expansion of the world’s largest liquified natural gas (LNG) project and its chief executive said more partners would be announced in the coming days. The Gulf state is partnering with international energy......
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QatarEnergy signs deal with TotalEnergies for Northfield East field

Reuters
by Reuters01
DOHA, June 12 (Reuters) – QatarEnergy signed a partnership deal with TotalEnergies on Sunday for the Northfield East expansion of the world’s largest liquified natural gas (LNG) project and its chief executive said more partners would be announced in the coming days. The Gulf state is partnering with international energy......
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Saudi Telecom shares rise on $8 bln capital increase proposal

Reuters
by Reuters01
A man passes the Saudi Telecom STC office in Riyadh, Saudi Arabia February 6, 2018. REUTERS/Faisal Al Nasser Register now for FREE unlimited access to Reuters.com Register DUBAI, June 12 (Reuters) – Saudi Telecom (7010.SE) said on Sunday its board had proposed increasing the company’s share capital by 30 billion......
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Hyundai Motor plants in extra weekend run, S.Korea truckers’ strike continues

Reuters
by Reuters01
ULSAN, South Korea, June 11 (Reuters) – A huge Hyundai Motor Co (005380.KS) factory complex added weekend production on Saturday, despite a nationwide strike by truckers that has hit ports and other South Korean industrial giants, including steelmaker POSCO (005490.KS). On day five of the strike, some 100 unionised truckers,......
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How a battery shortage is hampering the U.S. switch to wind, solar power

Reuters
by Reuters00
June 9 (Reuters) – U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy. At least a dozen storage projects meant to support growing renewable energy......
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Twitter plans shareholder vote by August on sale to Musk

Reuters
by Reuters01
An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register June 8 (Reuters) – Twitter Inc (TWTR.N) plans to hold a shareholder vote by early August......
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Canada’s move to bulk up antitrust muscle may miss root of problem

Reuters
by Reuters00
TORONTO, June 5 (Reuters) – Waves of industry consolidation over the decades have resulted in fewer choices for customers from telecoms to banking, with Canadians paying the world’s most expensive mobile phone bills and forking out more for everyday banking, consumer advocates say. Now, the government says enough is enough.......
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U.S. asks Mexico to probe alleged labor abuses at Stellantis parts plant

Reuters
by Reuters00
MEXICO CITY/WASHINGTON June 6 (Reuters) – The United States has asked Mexico to probe alleged worker rights violations at a Mexican auto-parts plant owned by Italian-French carmaker Stellantis, the fourth such investigation under a revised trade deal, U.S. officials said on Monday. The U.S. request for Mexico to look into......
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