Musk’s late nights on Twitter raise concern for Tesla investors

SAN FRANCISCO, Nov 15 (Reuters) – In 2018, Elon Musk worked late nights and slept at Tesla Inc’s (TSLA.O) plants in California and Nevada as the company struggled to ramp up Model 3 production. On Monday, Musk said he had been working all night at Twitter’s San Francisco headquarters and would continue to “work and … 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

COP27: The talks on the carbon market have not started

SHARM EL-SHEIKH, Egypt, Nov 14 (Reuters) – Countries are far from agreeing on the technical details for managing the global trade in carbon offset credits after a week of talks at the UN’s COP27 climate summit in Egypt, according to negotiators and observers, with delays that threaten to blow the 2023 deadline. Carbon offsets allow … Read more

EXCLUSIVE At least $ 1 billion in missing customer funds at bankrupt crypto firm FTX – sources

FTX founder Bankman-Fried secretly transferred $ 10 billion in funds to trading company Alameda – sources Bankman-Fried showed spreadsheets to colleagues who disclosed the transfer of funds to Alameda – sources Spreadsheets shown between $ 1 billion and $ 2 billion of customer money are not accounted for – sources Executives set up a “back … Read more

Colonna: Ukraine’s endgame could electrify world markets

LONDON, Nov 11 (Reuters) – Defusing this year’s biggest shock to the world economy could catalyze a rebound in global markets that many investors believe is lagging, but it could also raise other inconvenient puzzles. Rumors about some game ending in the 9-month Russian invasion of Ukraine – hints of anything from “talks about talks” … Read more

Analysis: FTX debacle makes investors rethink the battered cryptocurrency market

NEW YORK / LONDON, Nov 10 (Reuters) – With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of an industry already hit by the bitcoin bubble burst and the closure of key players. of the market. The cryptocurrency markets have come under severe pressure this year … Read more

Exclusive: Behind the Fall of FTX, the Battle Against the Billionaires and a Failed Offer to Save Cryptocurrencies

Nov 10 (Reuters) – (This story contains language that some readers may find offensive in paragraph 2) On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off guard with a grim message. “I’m sorry,” he told them. “I fucked up.” The reason for the mea culpa: Its announcement half an hour … Read more

The no-boom, no-bust economy chases the Democrats in the mid-term elections in the United States

WASHINGTON, Nov 7 (Reuters) – Household cash is near record highs in the United States and consumers are using it to pack restaurants, planes and buy new cars. The jobs are there to be taken. Net worth is 30% higher than before the pandemic, even more so for those in the lower half. And people … Read more

Analysis: Prices on the run have Central Europe on the ropes

Region struggling with inflation rates close to 20% Polls show sustained high inflation expectations Various moves by the government undermine the tightening of the central bank Some economists argue that high inflation could be lasting BUDAPEST / WARSAW, Nov 7 (Reuters) – While inflation in Western Europe is expected to be largely quelled within a … Read more

Forty countries will unveil methane plans at the UN climate summit, says a US official

WASHINGTON, Nov 3 (Reuters) – Some 40 of the 119 countries that pledged to drastically reduce emissions of the potent greenhouse gas methane last year will unveil their plans to do so at the United Nations climate summit next week, according to a senior US official. The outlook reflects modest progress on the US and … Read more