Tag Archives: TOPCMB

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 »

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 »

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 »

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 »

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 »

Hindu group to march for Adani port project in India amid Christian protests

Construction at Adani port stalled for nearly four months Police and protesters clashed on Sunday, leading to more security Protesters say they will continue VIZHINJAM, India, Nov 29 (Reuters) – A Hindu group close to India’s ruling party will march on Wednesday in support of a $900 million port project by the Adani Group that… Read More »

Stocks fall as US oil gains on China hopes

Wall Street stocks, MSCI global index in red Oil prices rebound on China hopes Dollar advances little in unstable session 10-year US Treasury yields rise NEW YORK/LONDON, Nov 29 (Reuters) – Wall Street lost ground on Tuesday as investors awaited guidance on an interest rate hike from the Federal Reserve, while U.S. crude futures closed… 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 »