Musk delivers first Tesla truck, but no production or pricing updates

Tesla ships the first Semi to PepsiCo five years after introducing it No order or capacity details for electric truck Semi uses existing Tesla engines to introduce the new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk delivered the company’s first heavy semi-truck on Thursday to PepsiCo (PEP.O) without offering updated forecasts … Read more

GLOBAL ECONOMY Global industrial activity eased in November, but price pressures are easing

European PMI data suggests the recession may not be so bad Chinese private survey shows continued contraction in PMI Factory activity is reduced in Japan and South Korea Polls point to a worsening outlook for Asia next year LONDON/TOKYO, Dec 1 (Reuters) – Industrial production fell sharply last month on slowing global demand and the … Read more

Chevron awaits shipments of Venezuelan oil, but PDVSA wants payments

HOUSTON, Nov 28 (Reuters) – Chevron Corp (CVX.N) is aiming to start receiving shipments of Venezuelan oil as early as December after the oil company received a US license to do so last week, but Caracas may not be so keen. because US sanctions limit payments, people familiar with the matter said. The United States … Read more

Who’s next? Chinese electric vehicles take Stellantis’ Jeep off the road

China has the first-mover advantage in electric vehicles Using fall plants is a common problem Some Chinese automakers target Europe Global players dominate the luxury sector for now Stellantis adopts a profitable import model in China LONDON/MILAN, Nov 28 (Reuters) – The failure of Jeep’s Stellantis joint venture (STLA.MI) in China could spell trouble for … Read more

Chinese automakers aim for higher sales in Europe with five-star electric vehicles

SOLIHULL, England, Nov 21 (Reuters) – Chinese electric vehicle (EV) makers have set their sights on winning over European motorists and large corporate customers with more affordable cars equipped with high levels of safety and many high-tech features. In recent months, several Chinese EVs have been awarded five stars by the European New Car Assessment … Read more

Factbox: The new fronts in the legal battles related to climate change

Nov 18th (Reuters) – Climate change controversies have more than doubled in the past seven years globally and are moving beyond traditionally polluting industries such as fossil fuel production, according to a June report from the London School of Economics. During the COP27 climate talks in Egypt, UN experts last week warned that many environmental … Read more

Exclusive: Germany intensifies emergency cash plans to deal with the blackout

FRANKFURT, Nov 15 (Reuters) – German authorities are stepping up preparations for emergency cash deliveries in the event of a blackout to keep the economy running, four people involved said as the nation prepares for possible power outages. due to the war in Ukraine. The plans include the Bundesbank, Germany’s central bank, accumulating extra billions … Read more

Roche’s Alzheimer’s drug fails to achieve its goal in the long-awaited process

Evidence shows small benefits, but with no statistical validity Roche’s setback leaves Biogen, Eisai leader in the field Onus on Roche CEO appointed to revive development fortunes Roche shares down 3.4%, development partner Morphosys down 29% Nov 14 (Reuters) – Roche’s Alzheimer’s drug candidate (ROG.S) has not been shown to slow the progression of dementia … Read more

Marine heatwaves in the Mediterranean threaten coastal livelihoods

KERKENNAH ISLANDS, Tunisia, Nov 13 (Reuters) – Ten years ago, Tunisian fisherman Ahmed Chelli’s nets were swollen with fish and octopus he sold at the local market on the Kerkennah Islands. Today he only brings out “ISIS”, the name the locals gave to the blue crabs that have invaded their fishing grounds in the rapidly … Read more

Exclusive: US blocks more than 1,000 solar energy shipments due to Chinese slave labor problems

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