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Smoke spews from chimneys of an oil refinery in Nanjing, east China’s Jiangsu province, December 28, 2006. REUTERS/Sean Yong Register now for FREE unlimited access to Reuters.com Register Sinopec, CNOOC, PetroChina, Sinochem refrain from new purchases Worries about sanctions keep state firms at bay Some independent refiners continue ESPO crude imports SINGAPORE, April 6 (Reuters) […]
OTTAWA, April 4 (Reuters) – Canada’s federal budget will include an investment of at least C$2 billion ($1.6 billion) for a strategy to accelerate the production and processing of critical minerals needed for the electric vehicle (EV) battery supply chain, two senior government sources said. Prime Minister Justin Trudeau’s government, which is due to release […]
Cost of growing a cucumber to jump from 25p to 70p High energy costs mean crops not planted Pressures likely to push food prices higher ROYDON, England, March 31 (Reuters) – In a small corner of south-east England, vast glasshouses stand empty, the soaring cost of energy preventing their owner from using heat to grow […]
Euro STOXX 600 drops 0.6% US bond market signals economic pain ahead Treasury 10-year yields lower Ukraine-Russia negotiations earlier buoyed stocks wall street down LONDON/NEW YORK, March 30 (Reuters) – The US and European equities rally paused on Wednesday as investors took stock of economic and geopolitical risks, while oil prices jumped back around $4 […]
Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register March 29 (Reuters) – As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 […]
A driver recharges the battery of his Tesla car at a Tesla Super Charging station in a petrol station on the highway in Sailly-Flibeaucourt, France, January 12, 2019. REUTERS/Pascal Rossignol/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register March 28 (Reuters) – Tesla’s (TSLA.O) announcement on Monday that it will seek shareholder […]
Traffic is seen on a highway in New York, US, July 2, 2021. REUTERS/Eduardo Munoz Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 27 (Reuters) – The US National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements […]
DETROIT/BEIJING, March 25 (Reuters) – A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a supplement to regular vehicle charging, with the government […]
Banks face mounting pressure to commit to custody roles Banks say they will meet existing client obligations Some clients afraid exits will follow as costs soar LONDON/NEW YORK, March 23 (Reuters) – Global banks including Citigroup Inc (CN), JPMorgan Chase & Co (JPM.N) and Societe Generale (SOGN.PA) face pressure to commit to remaining as custodian […]
HONG KONG/BEIJING, March 22 (Reuters) – Chinese regulators have asked some of the country’s US-listed firms, including Alibaba, Baidu and JD.com, to prepare for more audit disclosures, sources said, as Beijing steps up efforts to ensure domestic companies remain listed in New York. This comes as China’s regulators are considering a proposal to allow their […]
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