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January 24, 2022

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Tesla shares slip after heavy week of losses

Reuters
Nov 15 (Reuters) – Tesla Inc’s shares slipped in premarket trading on Monday, adding to a heavy week of losses after CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric-car maker. Shares in the company, which lost some $187 billion in market value over the......

New Zealand says it will cut greenhouse emissions by 50% by 2030 as COP26 starts

Reuters
FILE PHOTO: New Zealand Prime Minister Jacinda Ardern participates in a televised debate with National leader Judith Collins at TVNZ in Auckland, New Zealand, September 22, 2020. Fiona Goodall/Pool via REUTERS/File Photo (Reuters) – New Zealand pledged on Sunday to reduce its net greenhouse gas emissions by 50% by 2030,......

Stocks get reality check from earnings, central banks in focus

Reuters
TOKYO (Reuters) – Global stocks eased from record peaks as a stark reminder of supply chain snags in corporate earnings reports stalled their rally, while investors also looked to whether central banks may consider tightening monetary policy earlier than thought. FILE PHOTO: A man looks at a stock quotation board......

Marketmind: Final Quarter Blues | Reuters

Reuters
A look at the day ahead from Saikat Chatterjee. FILE PHOTO: Trucks park at the highway A2 parking near Warsaw, Poland, September 28, 2021. REUTERS/Kacper Pempel World stocks are set for their third biggest weekly drop this year as supply chain disruptions sweeping across the global economy raise the ugly......

Nobel Peace Prize: Is this Greta Thunberg’s year?

Reuters
By Nora Buli, Gwladys Fouche OSLO (Reuters) – The Nobel Peace Prize will be announced just three weeks before world leaders gather for a climate summit that scientists say could determine the future of the planet, one reason why prize watchers say this could be the year of Greta Thunberg.......

Myanmar shadow government unveils new strategy to oppose military rule

Reuters
FILE PHOTO: Soldiers stand next to military vehicles as people gather to protest against the military coup, in Yangon, Myanmar, February 15, 2021. REUTERS/Stringer/File Photo (Reuters) – Myanmar’s National Unity Government, formed by opponents of military rule, unveiled a new strategy on Tuesday aimed at pressuring the junta, including through......

U.S. in final phase of evacuations from Kabul – Western official

Reuters
(Reuters) – U.S. forces are in the final phase of their evacuation from Kabul and just over 1,000 civilians inside the airport remain to be flown out before troops are withdrawn, a Western security official in the Afghan capital said on Sunday. U.S. Marines and German service member watch an......

China steps up tech scrutiny with rules over unfair competition, critical data

Reuters
SHANGHAI (Reuters) -China moved on Tuesday to tighten control of its technology sector, publishing detailed rules aimed at tackling unfair competition and companies’ handling of critical data. Beijing has been firming its grip on internet platforms in recent months, citing the risk of abusing market power to stifle competition, misuse......

Blinken says U.S. embassy staff in Kabul are moving to airport

Reuters
FILE PHOTO: U.S. Secretary of State Antony Blinken speaks about infrastructure investment at the University of Maryland’s A. James Clark School of Engineering in College Park, MD, U.S., August 9, 2021. Patrick Semansky/Pool via REUTERS/File Photo WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Sunday that embassy......

Samsung Elec sees strong chip demand, mobile recovery as Q2 profit jumps

Reuters
By Joyce Lee, Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd on Thursday forecast strong demand for memory chips in the second half and a recovery in the mobile market to 2019 levels, in a sign the global economy is getting back on track from the coronavirus pandemic. FILE PHOTO:......

Wall Street Week Ahead: Fed shift causes rally in value stocks to wobble

Reuters
NEW YORK (Reuters) – The Federal Reserve’s hawkish shift is forcing investors to reevaluate the rally in so-called value stocks, which have taken a hit in recent days after ripping higher for most of the year. FILE PHOTO: A Wall Street sign outside the New York Stock Exchange in the......

REFILE-Foxconn founder asks Taiwan to allow vaccine talks with Chinese firm

Reuters
(Corrects to delete extraneous word ‘agency’ in paragraph 6) TAIPEI, June 18 (Reuters) – Terry Gou, the billionaire founder of Taiwan’s Foxconn, asked for government permission on Friday to negotiate with a Chinese company for the purchase of BioNTech SE COVID-19 vaccines to help address the island’s shortage of shots.......

EXCLUSIVE-Biden’s electric vehicle plan includes battery recycling push

Reuters
By Trevor Hunnicutt, Ernest Scheyder June 4 (Reuters) – President Joe Biden’s strategy to make the United States a powerhouse in electric vehicles will include boosting domestic recycling of batteries to reuse lithium and other metals, according to government officials. As Biden makes fighting climate change and competing with China......

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