Author Archives: Syndicated Content
Tesla delays plan to restore Shanghai output to pre-lockdown levels -memo
SHANGHAI (Reuters) -Tesla Inc has delayed a plan to restore production at its Shanghai plant to levels before the city's COVID-19 lockdown by at least a week, according to an internal memo seen by Reu...
May 15, 2022
FTX chief says Bitcoin has no future as a payments network - Financial Times
(Reuters) - Cryptocurrency exchange FTX's founder has said that Bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the F...
May 15, 2022
Shanghai targets June 1 return to normal as COVID lockdowns cool economy
By Brenda Goh and Kevin Yao SHANGHAI/BEIJING (Reuters) - Shanghai set out plans on Monday for the return of more normal life from June 1 and the end of a painful COVID-19 lockdown that has lasted more...
May 15, 2022
Saudi King Salman leaves hospital, says royal court
(Reuters) - Saudi Arabia's King Salman bin Abdulaziz, 86, left hospital on Sunday following a colonoscopy last week, the royal court said in a statement on state media. Saudi TV ran a video clip showi...
May 15, 2022
Credit Suisse nears settlement with West Virginia governor's mining group - Financial Times
(Reuters) - Swiss bank Credit Suisse is close to a settlement with West Virginia Governor Jim Justice over the $690 million his mining company Bluestone Resources owes the bank's clients, the Financia...
May 15, 2022
Democratic Senator Van Hollen says he suffered minor stroke
(Reuters) - United States Senator Chris Van Hollen said on Sunday he suffered a minor stroke after experiencing discomfort while delivering a speech in Western Maryland. Van Hollen, 56, was admitted t...
May 15, 2022
Ukraine counter-attacks Russian forces in the east
By Jonathan Landay and Tom Balmforth RUSKA LOZOVA, Ukraine (Reuters) - Russia attacked positions in eastern Ukraine as it tries to encircle Ukrainian forces in the Donbas and fend off a counteroffensi...
May 15, 2022
China's April coal output leaps 11% on year, but demand downturn looms
BEIJING (Reuters) - China's daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing's order to increase supply to ensure security of the country's energy supply, b...
May 15, 2022
China stats bureau expects economy to improve in May
BEIJING (Reuters) - China's statistics bureau on Monday said it expects China's economy to improve in May and that a recovery in consumption would quicken. China is steadily pushing forward production...
May 15, 2022
China April property sales plunge 46.6%, fastest since at least 2010
BEIJING (Reuters) - China's April property sales by value fell at their fastest pace in at least 12 years as COVID-19 lockdowns further cooled demand despite more policy easing steps aimed at reviving...
May 15, 2022
