Oil giant BP finds new home for London headquarters

Oil giant BP finds new home for London headquarters

LONDON, Dec 2 (Reuters) – British energy giant BP (BP.L) will move its headquarters in central London to a new location in 2024 after agreeing to lease new grounds not far from Trafalgar Square, the company said on Friday. BP sold its 1 St. James’s Square headquarter in late 2020 for 250 million pounds as … Read more

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

Exclusive: Tesla readies revamped Model 3 with project ‘Highland’ -sources

Exclusive: Tesla readies revamped Model 3 with project ‘Highland’ -sources

Nov 28 (Reuters) – Tesla (TSLA.O) is developing a revamped version of Model 3, according to four people with knowledge of the effort, as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan. One focus of the redesign codenamed “Highland” is to reduce the number of … Read more

Exclusive: U.S. weighs sending 100-mile strike weapon to Ukraine

Exclusive: U.S. weighs sending 100-mile strike weapon to Ukraine

WASHINGTON, Nov 28 (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms. U.S. and allied military inventories are shrinking, and Ukraine faces an increasing … Read more

India’s first private rocket company looks to slash satellite costs

India’s first private rocket company looks to slash satellite costs

BENGALURU, Nov 26 (Reuters) – The startup behind India’s first private space launch plans to put a satellite into orbit in 2023 and expects to be able to do so at half of the cost of established launch companies, the founders of Skyroot Aerospace told Reuters in an interview. The Hyderabad-based company, backed by Singapore’s … Read more

Psychedelic mushrooms expand Jamaica tourism beyond sunshine and reggae

Psychedelic mushrooms expand Jamaica tourism beyond sunshine and reggae

TREASURE BEACH, Jamaica, Nov 24 (Reuters) – A new group of Jamaican resorts is promoting tourism that offers mystical experiences and stress relief through “magic mushrooms,” as the Caribbean nation seeks to develop a niche industry in natural psychedelics. While mushrooms containing the psychoactive compound psilocybin remain illegal in most parts of Europe and the … Read more

Vietnam’s VinFast ships first electric vehicles to U.S. customers

Vietnam’s VinFast ships first electric vehicles to U.S. customers

HAI PHONG, Vietnam, Nov 25 (Reuters) – Vietnam’s electric vehicle maker VinFast said on Friday it had shipped its first batch of 999 cars to the United States, capping a five-year bid to develop an auto production hub in the Southeast Asian country for markets in North America and Europe. The first cars are expected … Read more

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave -source

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave -source

Foxconn Zhengzhou plant’s Nov shipments to fall further – source Worker unhappiness at plant escalated into protests this week Over 20,000 workers, mostly new recruits, have left – source TAIPEI, Nov 25 (Reuters) – Foxconn’s (2317.TW) flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout of … Read more

France, Germany, Spain agree on moving on with FCAS warplane development – Berlin

France, Germany, Spain agree on moving on with FCAS warplane development – Berlin

BERLIN/PARIS, Nov 18 (Reuters) – France, Germany and Spain have reached agreement on starting the next phase of development of a new fighter jet dubbed FCAS, Europe’s largest defence project at an estimated cost of more than 100 billion euros($103.4 billion), the German government said on Friday. The Defence Ministry said in a statement that … Read more

Elon Musk says ‘I have too much work on my plate’

Elon Musk says ‘I have too much work on my plate’

NUSA DUA, Indonesia, Nov 14 (Reuters) – Billionaire Elon Musk said on Monday he was working “at the absolute most amount…from morning til night, seven days a week” when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc (TSLA.O). “I have too much work on my plate that is for … Read more