Oreo maker Mondelez pulls ads off Twitter, citing hate speech -CEO

Oreo maker Mondelez pulls ads off Twitter, citing hate speech -CEO

NEW YORK, Nov 8 (Reuters) – Mondelez International Inc CEO (MDLZ.O) Dirk Van de Put said in a Reuters Newsmaker interview on Tuesday that the maker of Oreo cookies has pulled its ads off Twitter after Tesla Inc (TSLA.O) boss Elon Musk acquired the social media site. “What we’ve seen recently since the change on … Read more

Buffett’s Berkshire loses money as stocks, Hurricane Ian offset rising demand

Buffett’s Berkshire loses money as stocks, Hurricane Ian offset rising demand

Nov 5 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate’s businesses. Operating profit nevertheless rose by 20%, topping analyst forecasts. Berkshire benefited from increased demand and prices … Read more

Xi, Scholz warn against ‘irresponsible’ nuclear threats over Ukraine

Xi, Scholz warn against ‘irresponsible’ nuclear threats over Ukraine

Scholz is first G7 leader to visit Beijing since pandemic Trip tests waters between China, West as tensions simmer Xi says China and Germany must work together Scholz: China has responsibility to help end Ukraine war BioNTech vaccine gains limited access to China BEIJING, Nov 4 (Reuters) – Chinese President Xi Jinping and German Chancellor … Read more

‘Perfect storm’ swirls as Canadians face hot inflation, rising rates

‘Perfect storm’ swirls as Canadians face hot inflation, rising rates

OTTAWA/WINNIPEG, Manitoba, Oct 30 (Reuters) – At a warehouse on an industrial stretch in Ottawa, giant metal crates of donated groceries are piled high as volunteers sort canned goods, pasta and other foods to be distributed to pantries around the Canadian city . Demand has surged 33% at the Ottawa Food Bank from pre-COVID-19 pandemic … Read more

Canada commits C$970 million to new nuclear power technology

Canada commits C0 million to new nuclear power technology

OTTAWA, Oct 25 (Reuters) – Canada will provide C$970 million ($708 million) in financing to develop a grid-scale small modular reactor (SMR), a new nuclear technology touted as a key part of the country’s plans to reduce emissions, Natural Resources Minister Jonathan Wilkinson said on Tuesday. The project, which is being developed by utility Ontario … Read more

Exclusive: Exxon exits Russia empty-handed with oil project ‘unilaterally terminated’

Exclusive: Exxon exits Russia empty-handed with oil project ‘unilaterally terminated’

HOUSTON, Oct 17 (Reuters) – Exxon Mobil Corp (XOM.N) said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oil project . Exxon did not say if it received any compensation for the assets, … Read more

Toshiba shares jump on report of possible $19 bln buyout

Toshiba shares jump on report of possible  bln buyout

TOKYO, Oct 13 (Reuters) – Shares in Toshiba Corp (6502.T) on Thursday surged on a report that a domestic investor-led group was looking at a $19 billion bid – a potential deal that would likely lead to foreign activist shareholders being bought out after years of tension. A consortium led by private equity firm Japan … Read more

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

Russia issues UN-brokered grain, fertilizer export deal

Russia issues UN-brokered grain, fertilizer export deal

Russian Foreign Minister Sergei Lavrov attends a joint news conference with Iranian Foreign Minister Hossein Amir-Abdollahian in Moscow, Russia August 31, 2022. REUTERS/Maxim Shemetov/Pool Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept 6 (Reuters) – Russia on Tuesday questioned a UN-brokered deal with Ukraine to boost grain and fertilizer exports by … Read more

Drought, high costs bring US berry giants to Canada’s maple syrup land

Drought, high costs bring US berry giants to Canada’s maple syrup land

MONTREAL/OTTAWA, Aug 29 (Reuters) – A swath of Canada better known for maple syrup is being tested to mass produce berries normally grown in warmer locales, making it the unexpected beneficiary of extreme weather, local demand and rising costs in traditional growing areas like California. Driscoll’s and grower-owned Naturipe Farms LLC, two of North America’s … Read more