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

Myanmar junta frees Suu Kyi’s Australian adviser, former UK envoy

Myanmar junta frees Suu Kyi’s Australian adviser, former UK envoy

Some prisoners seen leaving Yangon jail on bus Junta opponents welcome amnesty, sceptical of motive Turnell, Bowman headed for Thailand – source Japanese flimmaker Kubota released – Kyodo Nov 17 (Reuters) – Myanmar’s military rulers granted amnesty to Sean Turnell, an Australian economist and former adviser to democracy icon Aung San Suu Kyi, among nearly … Read more

Oil prices settle up; China demand hopes outweigh recession worry

Oil prices settle up; China demand hopes outweigh recession worry

Brent logs weekly rise, U.S. crude down on week U.S. drillers add rigs for second week – Baker Hughes Saudi says OPEC+ doing the right job to ensure stable market Fed’s Harker says high inflation calls for more rate hikes NEW YORK, Oct 21 (Reuters) – Oil prices settled up on Friday as hopes of … Read more

Exclusive – Ukraine nuclear chief: Zaporizhzhia plant does not need Russian fuel

Exclusive – Ukraine nuclear chief: Zaporizhzhia plant does not need Russian fuel

Russia has occupied Zaporizhzhia nuclear power plant Energoatom chief demands the plant’s demilitarisation Two years of fresh fuel supplies stored at plant, he says No word on plant’s detained deputy director KYIV, Oct 13 (Reuters) – The head of Ukraine’s state nuclear energy firm decried as “fake news” on Thursday Moscow’s assertions that the Russian-occupied … Read more

Oil up 2% from multi-month low on U.S. Gulf output cuts, supply outlook

Oil up 2% from multi-month low on U.S. Gulf output cuts, supply outlook

BP, Chevron cut offshore oil production ahead of Hurricane Ian Iraq says OPEC monitoring prices, seeks market balance Coming up: API supply report at 4:30 p.m. EDT, 2030 GMT NEW YORK, Sept 27 (Reuters) – Oil rose more than $1 a barrel on Tuesday from a nine-month low a day earlier, supported by supply curbs … Read more

Oil tumbles on inflation woes, Iraq exports

Oil tumbles on inflation woes, Iraq exports

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, March 21, 2016. REUTERS/Leonhard Foeger Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 30 (Reuters) – Oil prices fell Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, … Read more

Oil prices bounce around on Russian pipeline constraints, recession fears

Oil prices bounce around on Russian pipeline constraints, recession fears

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Register now for FREE unlimited access to Reuters.com Register Russia oil exports halted via southern leg of Druzhba pipeline EU puts forward ‘final’ text to resurrect Iran nuclear deal … Read more

Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

TOKYO, June 24 (Reuters) – Toyota Motor Corp’s (7203.T) chief lobbied the Japanese government to make clear it supported hybrid vehicles as much as battery electrics or face losing the auto industry’s support, a senior lawmaker told a ruling party meeting. The lobbying by Akio Toyoda, president of Toyota and chairman of the Japan Automobile … Read more

Oil falls on Beijing’s COVID-19 warning, inflation worries

Oil falls on Beijing’s COVID-19 warning, inflation worries

Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. REUTERS/Agustin Marcarian/File Photo Register now for FREE unlimited access to Reuters.com Register Mass COVID testing for Beijing’s Chaoyang district U.S. inflation data heightens fears of further big rate hikes Unrest halves Libyan oil … Read more

Dimon says brace for U.S. economic ‘hurricane’ due to inflation

Dimon says brace for U.S. economic ‘hurricane’ due to inflation

June 1 (Reuters) – Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase & Co (JPM.N) described the challenges facing the U.S. economy akin to an “hurricane” down the road and urged the Federal Reserve to take forceful measures to avoid tipping the world’s biggest economy into a recession. Dimon’s comments come a day after … Read more