U.S. deep freeze forecast to break Christmas Eve records

U.S. deep freeze forecast to break Christmas Eve records

Dec 24 (Reuters) – An arctic blast gripped much of the United States on Saturday driving power outages, flight cancellations and car wrecks, as plummeting temperatures were predicted to bring the coldest Christmas Eve on record to several cities from Pennsylvania to Georgia. Temperatures are forecast to top out on Saturday at just 7 degrees … Read more

Russia drones smash power network in Odesa

Russia drones smash power network in Odesa

Dec 10 (Reuters) – All non-critical infrastructure in the Ukrainian port of Odesa was without power after Russia used Iranian-made drones to hit two energy facilities, officials said on Saturday, adding it could take months to repair the damage. President Volodymyr Zelenskiy said more than 1.5 million people in the southern port city and surrounding … Read more

Serbia to ask NATO to deploy Serb military, police in Kosovo

Serbia to ask NATO to deploy Serb military, police in Kosovo

BELGRADE, Dec 10 (Reuters) – Serbia will ask NATO peacekeepers to let it deploy Serbian military and police in Kosovo, although it believes there is no chance of the request being approved, President Aleksandar Vucic said on Saturday. Vucic told a news conference in Belgrade that he would make the request in a letter to … Read more

More than 80 injured as Indian police clash with Adani port protesters

More than 80 injured as Indian police clash with Adani port protesters

KOCHI, India Nov 28 (Reuters) – More than 80 people were wounded in southern India as villagers halting the construction of a $900 million port clashed with police, the latest escalation of a months-old protest waged by a mostly Christian fishing community against Asia’s richest man. The protests are a major headache for Gautam Adani’s … Read more

Canada launches new Indo-Pacific strategy, focus on ‘disruptive’ China

Canada launches new Indo-Pacific strategy, focus on ‘disruptive’ China

OTTAWA, Nov 27 (Reuters) – Canada launched its long-awaited Indo-Pacific strategy on Sunday, vowing more resources to deal with a “disruptive” China while working with the world’s second-biggest economy on climate change and trade issues. The 26-page document outlined C$2.3 billion ($1.7 billion) spending, including to boost Canada’s military presence and cyber security in the … Read more

Buffett’s Berkshire discloses $4.1 bln TSMC stake

Buffett’s Berkshire discloses $4.1 bln TSMC stake

Nov 14 (Reuters) – Berkshire Hathaway Inc (BRKa.N) said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing (2330.TW), , a rare significant foray into the technology sector by billionaire Warren Buffett’s conglomerate. The news sent shares in TSMC up more than 6% in Taiwan on Tuesday, as it boosted investor sentiment … Read more

Berkshire Hathaway posts quarterly loss as stock holdings fall

Berkshire Hathaway posts quarterly loss as stock holdings fall

Nov 5 (Reuters) – Berkshire Hathaway Inc (BRKa.N) on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insurance underwriting. The net loss of $2.69 billion, or $1,832 per Class A share, compared with a profit of $10.34 billion, or $6,882 … Read more

Canada orders three Chinese firms to exit critical minerals deals

Canada orders three Chinese firms to exit critical minerals deals

OTTAWA, Nov 2 (Reuters) – Canada’s government ordered three Chinese firms on Wednesday to divest their investments in Canadian critical minerals companies on grounds of national security. The three firms ordered to divest their investments are Sinomine (Hong Kong) Rare Metals Resources Co Ltd, Chengze Lithium International Ltd, also based in Hong Kong, and Zangge … Read more

Glencore employees moved bribes cash by private jet, London court told

Glencore employees moved bribes cash by private jet, London court told

LONDON, Nov 2 (Reuters) – Employees and agents of a British subsidiary of mining and trading group Glencore (GLEN.L) used private jets to transfer cash to pay bribes to oil officials in West Africa, prosecutors told a London court on Wednesday. Glencore Energy UK Limited paid – or failed to prevent the payment of – … Read more

Biden awards $2.8 billion to boost U.S. minerals output for EV batteries

Biden awards $2.8 billion to boost U.S. minerals output for EV batteries

WASHINGTON, Oct 19 (Reuters) – The Biden administration said on Wednesday it is awarding $2.8 billion in grants to boost U.S. production of electric vehicle batteries and the minerals used to build them, part of a bid to wean the country off supplies from China. Albemarle Corp (ALB.N) is among the 20 manufacturing and processing … Read more