Dec 8 (Reuters) – Canada’s TC Energy shut down its Keystone pipeline in the United States after more than 14,000 barrels of crude oil spilled into a Kansas creek, making it one of the largest oil spills crude in the United States for almost a decade. The cause of the leak, which occurred in Kansas …
Keystone pipeline closed after 14,000 barrel oil spill in Kansas Read More »
Vietnam to hold first large-scale arms fair this week The country’s nascent military industry plans to export for the first time He seeks faster diversification of Russian military supplies HANOI, Dec 7 (Reuters) – Vietnam is considering a major defense shift as it seeks to reduce its dependence on Russian weapons and launch a drive …
Analysis: Vietnam shifts gears on arms trade as it loosens ties with Russia Read More »
UIWANG, South Korea, Dec 5 (Reuters) – Inside five white tents outside the Uiwang container depot near Seoul, about 200 striking truckers huddle around gas heaters, trying to fight against the freezing cold and the government’s talk that they are well paid “labour aristocracy.” They are only too aware of the impact their strike has …
‘We are not your enemy,’ say South Korean truckers striking for minimum wage protection Read More »
Tesla ships first Semi to PepsiCo five years after unveiling it No details on electric truck controls or capacity Semi uses existing Tesla motors to come up with a new Supercharger Dec 1 (Reuters) – Tesla Inc’s (TSLA.O) chief executive Elon Musk delivered the company’s first heavy-duty to PepsiCo (PEP.O) on Thursday without offering an …
Musk delivers first Tesla truck, but no updates on production, pricing Read More »
Deal comes under pressure from Chinese shareholder Analysts hail ‘sense’ deal The bank could return the proceeds of the transaction to the 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). dollars) in cash, thus paving the …
HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC Read More »
NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about falling demand for crude and a surplus market in the coming months. After months of strength, crude futures are flirting with all-year lows as major oil consumer China enters additional COVID-19-related lockdowns while central …
Global oil market signals near-term weakness ahead of EU embargo on Russian oil Read More »
Atlantia will be delisted after its takeover Many Italian companies avoid the stock market Authorities seek to boost Borsa Italiana’s reputation MILAN, Nov 25 (Reuters) – The takeover of Atlantia (ATL.MI) will slash a further 19 billion euros ($19.5 billion) from the value of the Milan stock exchange and bring the number of companies to …
Atlanta exit highlights Milan’s battle to retain market heavyweights Read More »
Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over wages and conditions Apple says it has a team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday that a payroll-related “technical error” occurred when hiring new hires at a coronavirus-hit iPhone …
Foxconn apologizes for payroll error at Chinese iPhone factory after workplace unrest Read More »
Online footage shows hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain of late payments and insufficient food SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers joined protests at Foxconn’s (2317.TW) flagship iPhone factory in China, with some men smashing surveillance cameras and windows, pictures showed images uploaded to …
Foxconn’s massive iPhone factory in China rocked by new worker unrest Read More »
SYDNEY, Nov 23 (Reuters) – Asian stock markets were mostly in positive territory on Wednesday despite rising COVID-19 cases in mainland China, leaving investors uncertain about how much new outbreaks could slow the reopening of the world’s second largest economy. MSCI’s broadest index of Asia-Pacific stocks outside Japan (.MIAPJ0000PUS) rose 0.3%, after US stocks ended …
Asia shares gain despite rise in Chinese COVID cases Read More »
