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

Food of the future: London air raid shelter to underground farm

Food of the future: London air raid shelter to underground farm

LONDON, Nov 28 (Reuters) – In an underground World War Two air raid shelter where London tube trains can be heard rattling overhead, aromatic coriander leaves tilt towards the pink glow of LED bulbs – a vision of how farms could look in the future. Zero Carbon Farms grows herbs and salads in Clapham, south … Read more

Walmart manager opens fire on Virginia co-workers, killing 6 and himself

Walmart manager opens fire on Virginia co-workers, killing 6 and himself

CHESAPEAKE, Va., Nov 23 (Reuters) – A manager at a Walmart Inc (WMT.N) store in Virginia opened fire on fellow employees in a break room, killing six before turning the gun on himself, eyewitnesses said on Wednesday after the country’s latest mass shooting. The gunman, identified as Andre Bing, 31, of Chesapeake, Virginia, said nothing … Read more

No alcohol sales permitted at Qatar’s World Cup stadium sites

No alcohol sales permitted at Qatar’s World Cup stadium sites

DOHA Nov 18 (Reuters) – Alcoholic beer will not be sold at Qatar’s World Cup stadiums, world soccer governing body FIFA said on Friday, a last minute reversal which raised questions among some supporters about the host country’s ability to deliver on promises to fans. The announcement comes two days before Sunday’s kickoff of the … Read more

Buffett’s Berkshire discloses $4.1 bln TSMC stake

Buffett’s Berkshire discloses .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

Xi tells Scholz China and Germany should work together during ‘times of turmoil’

Xi tells Scholz China and Germany should work together during ‘times of turmoil’

BEIJING, Nov 4 (Reuters) – Chinese President Xi Jinping touted the need for greater cooperation between China and Germany amid “times of change and turmoil” in his first meeting with German Chancellor Olaf Scholz, with talks expected to touch on Russia’s war on Ukraine, climate change and developing economic ties. Scholtz’s visit on Friday is … Read more

CVS, Walmart, Walgreens agree to pay $13.8 bln to settle U.S. opioid claims

CVS, Walmart, Walgreens agree to pay .8 bln to settle U.S. opioid claims

Nov 2 (Reuters) – CVS Health Corp (CVS.N), Walgreens Boots Alliance Inc (WBA.O) and Walmart Inc (WMT.N) have agreed to pay about $13.8 billion to resolve thousands of U.S. state, local and tribal government lawsuits accusing the pharmacy chains of mishandling opioid painkillers. CVS said Wednesday it had agreed to pay about $5 billion over … Read more

Shanghai food supplier’s books reveal big profits under COVID lockdown

Shanghai food supplier’s books reveal big profits under COVID lockdown

SHANGHAI, Oct 28 (Reuters) – The profitability surge of a Shanghai food supplier seeking a Hong Kong listing, disclosed in an exchange filing, gives a rare peep under the hood into a cohort of Chinese companies that have benefited from President Xi Jinping’s zero-COVID policy. Pang Pang Xiang (China) Company Ltd saw its gross profit … Read more

U.S. grocer Kroger in talks to merge with rival Albertsons -sources

U.S. grocer Kroger in talks to merge with rival Albertsons -sources

Oct 13 (Reuters) – U.S. grocery company Kroger Co (KR.N) is in talks to merge with smaller rival Albertsons Companies Inc (ACI.N) in a tie-up that would create a supermarket titan, people familiar with the matter said. The merger of the nation’s No. 1 and 2 standalone grocers, if reached, could provide the retailers with … Read more

Bangladesh plunged into darkness by national grid failure

Bangladesh plunged into darkness by national grid failure

Power grid collapse leads to blackouts in 75-80% Bangladesh Authorities working to restore power, investigating cause Government had rationed some gas due to high global prices DHAKA, Oct 4 (Reuters) – Large swathes of Bangladesh were left without electricity on Tuesday after a grid failure, a government official said, adding that authorities were working to … Read more