Exclusive: U.S. blocks more than 1,000 solar shipments over Chinese slave labor concerns

Exclusive: U.S. blocks more than 1,000 solar shipments over Chinese slave labor concerns

Nov 11 (Reuters) – More than 1,000 shipments of solar energy components worth hundreds of millions of dollars have piled up at U.S. ports since June under a new law banning imports from China’s Xinjiang region over concerns about slave labor, according to federal customs officials and industry sources. The level of seizures, which has … Read more

Russia extends evacuation zone in Ukraine’s Kherson region

Russia extends evacuation zone in Ukraine’s Kherson region

Nov 1 (Reuters) – Russian-installed officials in Ukraine’s Kherson region said on Monday they would start evacuating citizens from the eastern bank of the Dnipro river, repeating claims rejected by Kyiv that Ukraine could be preparing to attack the Kakhovka dam and flood the region. In a post on Telegram, Vladimir Saldo, the Russian-backed head … Read more

Shell reports drop in profit to $9.45 billion, hikes dividend

Shell reports drop in profit to .45 billion, hikes dividend

Shell to boost dividend by 15% Announces plans to buy further $4 billion in shares Profit hit by weak LNG trading and refining LONDON, Oct 27 (Reuters) – Shell (SHEL.L) on Thursday posted a third-quarter profit of $9.45 billion, slightly below the second quarter’s record high, due to weaker refining and gas trading, and said … Read more

‘Tax people in this room’ to help the poor, Shell CEO tells energy conference

‘Tax people in this room’ to help the poor, Shell CEO tells energy conference

LONDON, Oct 4 (Reuters) – European governments should tax corporates to help weaker parts of society weather soaring energy costs but not intervene to cap gas prices, Shell (SHEL.L) Chief Executive Officer Ben van Beurden told an energy conference on Tuesday. Speaking before the Energy Intelligence Forum in London, Van Beurden said that European energy … Read more

U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources

U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources

CHICAGO, Sept 13 (Reuters) – Some U.S. railroads will start halting crop shipments on Thursday, a day ahead of a potential work stoppage, an agricultural association and sources at two grain cooperatives said on Tuesday, threatening exports and feed deliveries for livestock. With farmers starting to harvest autumn crops that are shipped to meat and … Read more

Biden touts ‘Cancer Moonshot’ on JFK speech anniversary in Boston

Biden touts ‘Cancer Moonshot’ on JFK speech anniversary in Boston

Register now for FREE unlimited access to Reuters.com Register BOSTON, Sept 12 (Reuters) – President Joe Biden signed orders on Monday to push more government dollars to the U.S. biotechnology industry, as he promoted his initiative to create new treatments and cut the death rate from cancer. Cancer “doesn’t care if you’re Republican or Democrat,” … Read more

Elon Musk: focused on getting self-driving Teslas in wide release by year-end

Elon Musk: focused on getting self-driving Teslas in wide release by year-end

STAVANGER, Norway, Aug 29 (Reuters) – Tesla (TSLA.O) chief Elon Musk said on Monday he aimed to get the electric auto maker’s self-driving technology ready by year-end and hopes it could be in wide release in the United States and possibly in Europe, depending on regulatory approval. Speaking at an energy conference in Norway, Musk … Read more

China’s scorching southwest extends power curbs as drought, heatwave continue

China’s scorching southwest extends power curbs as drought, heatwave continue

China announces 11th consecutive heat ‘red alert’ Sichuan extends industrial power use curbs until Aug. 25 Chongqing cuts working hours of commercial venues Shortages could affect Tesla SHANGHAI, Aug 22 (Reuters) – China’s scorched southwestern regions extended curbs on power consumption on Monday as they deal with dwindling hydropower output and surging household electricity demand … Read more

Russian gas? Nein danke, says energy self-sufficient German district

Russian gas? Nein danke, says energy self-sufficient German district

BERLIN, July 25 (Reuters) – As Germany scrambles to avert a fuel crisis this winter, one rural district has become a role model for how the country might wean itself off dwindling imports of Russian gas – by producing all the energy that it consumes itself. The western district of Rhein-Hunsrueck uses a combination of … Read more

Ships get older and slower as emissions rules bite

Ships get older and slower as emissions rules bite

Average age of vessels up more than two years since 2017 New emissions rules may force older ships to go slower One-fifth of ships fitted with energy saving devices New vessels and alternative fuels the long-term solution LONDON, July 11 (Reuters) – If shipping is the beating heart of global trade, its pulse is about … Read more