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Analysis – Weak winds worsened Europe’s power crunch; utilities need better storage
By Nora Buli and Stine Jacobsen OSLO/COPENHAGEN (Reuters) - Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that...
Syndicated Content Dec 22, 2021
U.S. faces tough choices in 2022 on mines for electric-vehicle metals
By Ernest Scheyder (Reuters) - The United States has enough reserves of lithium, copper and other metals to build millions of its own electric vehicles (EVs), but rising opposition to new mines may fo...
Syndicated Content Dec 22, 2021
China regulator suspends cyber security deal with Alibaba Cloud
BEIJING/HONG KONG (Reuters) - Chinese regulators on Wednesday suspended an information-sharing partnership with Alibaba Cloud Computing, a subsidiary of e-commerce conglomerate Alibaba Group, over acc...
Syndicated Content Dec 21, 2021
Goodyear CEO Rich Kramer on rolling along in a crisis
By Cheryl Lu-Lien Tan NEW YORK (Reuters) - The world may have spun differently in the past two years, but Rich Kramer, CEO of the Goodyear Tire and Rubber Company, is rolling with those changes. "We l...
Syndicated Content Dec 21, 2021
Global Markets in 2021: Recoveries, reflation and wrecking balls
By Marc Jones and Saqib Iqbal Ahmed LONDON/NEW YORK (Reuters) - For global financial markets, the second year of the COVID pandemic has been nearly as dramatic as the first. The stocks bulls have stay...
Syndicated Content Dec 21, 2021
Tesla’s Musk says he sold ‘enough stock’; slams California for ‘overtaxation’
By Hyunjoo Jin San Francisco (Reuters) - Tesla CEO Elon Musk said he had sold "enough stock" to reach his plan to sell 10% of his shares in the world's most valuable car company, according to an inter...
Syndicated Content Dec 21, 2021
Omicron’s march revives urgent global calls for vaccinations
SYDNEY (Reuters) - Australia's political leaders were set to hold an emergency meeting on Wednesday as cases of the Omicron coronavirus variant broke infection records and forced countries around to w...
Syndicated Content Dec 21, 2021
Warburg Pincus closes $2.8 billion inaugural Asia real estate fund
By Kane Wu HONG KONG (Reuters) - U.S. private equity powerhouse Warburg Pincus has closed its inaugural Asia-focused real estate fund at $2.8 billion, the firm said on Wednesday. The Warburg Pincus As...
Syndicated Content Dec 21, 2021
Maersk nears deal to buy LF Logistics for about $3 billion – WSJ
(Reuters) - Denmark-based A.P. Moller-Maersk is in advanced talks to acquire Hong Kong-based LF Logistics for about $3 billion, the Wall Street Journal reported late on Tuesday, citing people familiar...
Syndicated Content Dec 21, 2021
Oil climbs on weaker dollar, China, amid Omicron caution
By Sonali Paul MELBOURNE (Reuters) - Oil prices rose again on Wednesday as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns to curb the spread of the Omic...
Syndicated Content Dec 21, 2021
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