Musk delivers first Tesla truck, but no update on output, pricing

Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric truck Semi uses existing Tesla motors, to feature new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) without offering updated forecasts … Read more

Women sue Deutsche Bank, JPMorgan over Epstein ties

Women sue Deutsche Bank, JPMorgan over Epstein ties

Nov 24 (Reuters) – Women who have accused Jeffrey Epstein of sexual abuse filed lawsuits against Deutsche Bank AG (DBKGn.DE) and JPMorgan Chase & Co (JPM.N) on Thursday, alleging the banks financially benefited from the late financier’s alleged sex trafficking operations. The women, who were not identified in the court filings, cite US federal anti-sex … Read more

G20 summit deplores war in Ukraine ‘in strongest terms’

G20 summit deplores war in Ukraine 'in strongest terms'

G20 says ‘most members’ condemn war in Ukraine Threat of use of nuclear weapons ‘inadmissible’ -declaration Agreement to calibrate monetary tightening NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in the strongest terms” on Wednesday and demanded its unconditional withdrawal in a declaration … Read more

Wrangling over Ukraine war dominates summit of G20 major economies

Wrangling over Ukraine war dominates summit of G20 major economies

Draft declaration: ‘Most’ G20 members condemn Ukraine war Ukraine’s Zelenskiy pushes his plan to end conflict Indonesia appeals for end to political polarization US President Biden skips gala dinner on island of Bali NUSA DUA, Indonesia, Nov 15 (Reuters) – A Western-led push to condemn Russia’s invasion of Ukraine dominated Tuesday’s Group of 20 summit … Read more

Biden, Xi clash over Taiwan, but military action seen as unlikely

Biden, Xi clash over Taiwan, but military action seen as unlikely

Biden, Xi hold 3-hour Bali meeting ahead of G20 Both leaders stress need to get ties back on track Russia rejects reports of foreign minister’s hospitalization Indonesia seeking concrete progress on global economy at G20 Ukraine’s Zelenskiy due to address G20 on Tuesday NUSA DUA, Indonesia, Nov 14 (Reuters) – US President Joe Biden said … Read more

Russia’s Lavrov dismisses report that he was taken to hospital at G20

Russia's Lavrov dismisses report that he was taken to hospital at G20

Lavrov dismisses Associated Press report AP: Lavrov was treated for heart condition Bali governor: Lavrov had checks in hospital, in good health NUSA DUA, Indonesia, Nov 14 (Reuters) – Russian Foreign Minister Sergei Lavrov on Monday dismissed a news agency report that he had been taken to hospital with a heart condition, scolding Western journalists … Read more

Germany warns its delegation of Egyptian spies at COP27

Germany warns its delegation of Egyptian spies at COP27

BERLIN, Nov 13 (Reuters) – German federal police have warned their nation’s delegation at the COP27 environmental summit in Egypt that its members may be subject to spying by Egyptian security agents, three people with knowledge of the matter said. In an email sent on Saturday, the police, known in Germany as the BKA, warned … Read more

Xi opposing nuclear weapons in Ukraine was reason enough to visit China, Scholz says

Xi opposing nuclear weapons in Ukraine was reason enough to visit China, Scholz says

Must prepare for scenario where ties with China sour Comments come day after Scholz trip to Beijing Tells German CEOs to diversify away from China BERLIN, Nov 5 (Reuters) – German Chancellor Olaf Scholz, who was heavily criticized for a trip to Beijing this week, said on Saturday his and Chinese President Xi Jinping’s joint … Read more

Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop

Twitter lays off staff as Musk blames activists for 'massive' ad revenue drop

Musk axes around half of Twitter’s workforce Employees file class action against Twitter Staff lose access to systems Major advertisers pull ads Nov 4 (Reuters) – Twitter Inc laid off half its workforce on Friday but said cuts were smaller in the team responsible for preventing the spread of misinformation, as advertisers pulled spending amid … Read more

Sterling falls as BoE expects recession, US futures up

Sterling falls as BoE expects recession, US futures up

Bank of England hikes rates by 50 basis points BoE expects recession throughout 2023 Fed official: 50bp hike in Sept “reasonable” Oil stabilized after hitting six-month low Lufthansa returns to operating profit LONDON, Aug 4 (Reuters) – Sterling fell on Thursday after the Bank of England followed its counterparts in the United States and euro … Read more