Tag Archives: NEWS1

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 »

Blackstone’s $69 billion REIT restricts bailouts in scam for real estate empire

NEW YORK, Dec 1 (Reuters) – Blackstone Inc (BX.N) capped withdrawals from its $69 billion unlisted Real Estate Income Fund (REIT) on Thursday after a surge in redemption requests, a blow unprecedented for a franchise that helped it grow into an asset management giant. The restrictions came about because redemptions reached pre-set limits, rather than… Read More »

Wall Street ends mixed; Salesforce liquidation pressures Dow

Salesforce abandons co-CEO exit plan Dollar General falls on reduced full-year profit outlook US production shrinks for the first time in 2½ years in November End of indices: S&P 500 -0.08%, Nasdaq +0.13%, Dow -0.56% Dec 1 (Reuters) – Wall Street ended mixed on Thursday as a selloff in Salesforce weighed on the Dow as… 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 »

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 »

Sam Bankman-Fried says he ‘never tried to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, founder and former CEO of now bankrupt cryptocurrency exchange FTX, tried to distance himself from suggestions of fraud in his first public appearance since his company’s collapse, which stunned investors. investors and left creditors facing billions of dollars in losses. Speaking via video link at the New… 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 »

Excitement and defiance for Chinese youth at COVID ‘tipping point’ protests

HONG KONG/BEIJING, Nov 30 (Reuters) – When Yang, an office worker in Shanghai, saw video clips of a burning building in western China, a disaster in which 10 people died, she said she could not contain her anger because of Covid-19. -19 measures three years after the start of the pandemic. Watching a World Cup… 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 »