Explainer: When EU embargo comes, where will Russia sell its crude oil?

Explainer: When EU embargo comes, where will Russia sell its crude oil?

Models of oil barrels are seen in front of the displayed sign “stop”, EU and Russia flag colors in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register MOSCOW, Sept 23 (Reuters) – Russia has ramped up oil shipments to Asia since Europe imposed sweeping sanctions, but … Read more

Tesla discloses lobbying effort to set up factory in Canada

Tesla discloses lobbying effort to set up factory in Canada

Aug 9 (Reuters) – Tesla Inc (TSLA.O) is lobbying the Ontario government as part of an effort to set up an “advanced manufacturing facility” in Canada, filing by the electric-vehicle maker to the province’s Office of Integrity Commissioner showed. The company’s Canadian unit is working with the government to “identify opportunities for industrial facility permitting … Read more

Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway posts massive .8 billion loss;  operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in US stock prices … Read more

Chilean authorities investigate mysterious large sinkhole near copper mine

Chilean authorities investigate mysterious large sinkhole near copper mine

SANTIAGO, Aug 1 (Reuters) – Chilean authorities started investigating on Monday a mysterious sinkhole about 25 meters (82 feet) in diameter that appeared over the weekend in a mining area in the north of the country. Chilean media showed aerial images of the sinkhole on land operated by a Canadian Lundin Mining (LUN.TO) copper mine, … Read more

Explainer: What happens if Germany’s Russian gas flows stop

Explainer: What happens if Germany’s Russian gas flows stop

FRANKFURT, July 11 (Reuters) – Germany, the world’s fourth-biggest economy, is preparing for all scenarios including a complete stop to Russian gas supplies once a regular 10-day maintenance period on the giant Nord Stream 1 pipeline ends. Maintenance on the pipeline, which carries Russian gas directly into Germany, began on July 11 but Berlin is … Read more

Tesla plays ‘whack-a-mole’ with snags as deliveries fall for first time in two years

Tesla plays ‘whack-a-mole’ with snags as deliveries fall for first time in two years

July 5 (Reuters) – Tesla Inc (TSLA.O) faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years. Stung by China’s COVID-19 lockdowns and soaring costs, Tesla said … Read more

Finnish group says Russian-built nuclear plant plan

Finnish group says Russian-built nuclear plant plan

HELSINKI, May 2 (Reuters) – Finnish-led consortium Fennovoima said on Monday it had scrapped a contract for Russia’s state-owned Rosatom to build a nuclear power plant in Finland, citing delays and increased risks due to the war in Ukraine. The announcement ended months of uncertainty and years of political wrangling over the planned Hanhikivi 1 … Read more

Morning Bid: Something’s off | Reuters

Morning Bid: Something’s off |  Reuters

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. It’s the final day of trading … Read more

EXCLUSIVE Ukraine’s top steelmaker vows never to work under Russian occupation

EXCLUSIVE Ukraine’s top steelmaker vows never to work under Russian occupation

Metinvest controlled by Ukraine’s richest man Ukraine’s iron ore output down over 50%, it says Figures lay bare industrial toll of Russia’s invasion Company says it will not work under Russian occupation April 15 (Reuters) – Ukraine’s biggest steelmaker Metinvest [RIC:RIC:METIV.UL] vowed on Friday never to operate under Russian occupation and said that more than … Read more

US curbs Russian access to foreign fertilizers and valves

US curbs Russian access to foreign fertilizers and valves

A tractor sows sunflower seeds and fertilizes the soil with chemicals at “Leninskoye znamya” (Lenin banner) collective farm, about 40 km (25 miles) southwest of Rostov-on-Don, April 25, 2011. REUTERS/Vladimir Konstantinov/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 8 (Reuters) – The United States on Friday broadened its export curbs … Read more