Tag Archives: MTPIX

Musk delivers first Tesla truck, but no updates on production and pricing

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

Chinese cities ease COVID restrictions as virus continues to spread

BEIJING, Dec 2 (Reuters) – Some communities in Chinese cities where COVID-19 is still spreading are easing testing requirements and quarantine rules ahead of an expected change in virus policies across the country following social unrest. widespread. The uneven relaxation of COVID restrictions is, however, fueling fear among some residents who suddenly feel more exposed… Read More »

Ramaphosa’s future in balance with South Africa’s ‘farmgate’ scandal

Panel considers president may have committed misconduct Ramaphosa denied any wrongdoing ANC executive to meet on Friday to discuss conclusions Rand and Bonds Dip on Speculation Ramaphosa May Go CAPE TOWN, Dec 1 (Reuters) – Cyril Ramaphosa’s future as South African president was at stake on Thursday when his office said he was exploring options… Read More »

Florida withdraws $2 billion from BlackRock in largest anti-ESG divestment

Dec 1 (Reuters) – Florida’s chief financial officer said on Thursday his department will withdraw $2 billion of its assets managed by BlackRock Inc (BLK.N), the largest such divestment by a state that opposes environmental, social and corporate policy of the asset manager. governance policies (ESG). The move is unlikely to affect BlackRock’s $8 trillion… Read More »

Elon Musk expects Neuralink brain chip to start human trials in 6 months

Nov 30 (Reuters) – Elon Musk said on Wednesday he expects a wireless brain chip developed by his company Neuralink to begin human clinical trials within six months, after the company missed earlier deadlines set by him. The company is developing brain-chip interfaces that it says could help disabled patients move and communicate again, with… Read More »

China softens tone on severity of COVID after protests

BEIJING, Dec 1 (Reuters) – China is softening its tone on the severity of COVID-19 and easing some coronavirus restrictions even as the daily number of cases hovers near record highs after anger over the world’s tighter restrictions fueled protests across the country. Several cities in the world’s second-largest economy, while still reporting new infections,… Read More »

Hindu group holds rally for Adani port paralyzed by Indian fishing community

Adani port construction stalled for nearly four months Supporters say the port will bring jobs and investment Protesters say project is causing erosion VIZHINJAM, India, Nov 30 (Reuters) – Hundreds of a Hindu group marched on Wednesday in support of the construction of a $900 million port in southern India, chanting slogans against a local… Read More »

Morning Deal: Powell’s Point Presentation

Nov 30 (Reuters) – A next day look at Asian markets from Jamie McGeever. Federal Reserve Chairman Jerome Powell may set the market tone for the rest of the year on Wednesday when he addresses the US economic outlook and job market at an event in Washington. Given how well stocks have held up recently… Read More »

COVID protests ramp up in Guangzhou as China lockdown anger boils

SHANGHAI/BEIJING, Nov 30 (Reuters) – Residents of China’s industrial hub of Guangzhou clashed with white riot police dressed in hazardous materials late on Tuesday, videos on social media showed, as frustration with strict COVID-19 rules were overflowing, three years after the pandemic. The clashes in the southern city marked an escalation of protests in central… Read More »

HSBC assesses dividend from $10 billion sale of Canada unit to RBC

Deal comes amid pressure from Chinese shareholder Analysts praise ‘sensible’ transaction Bank can return funds from the agreement to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its Canadian business to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion). billion) in cash, paving the way for a potential… Read More »