Storm cuts U.S. oil, gasoline, energy output, sending costs increased

Dec 23 (Reuters) – Frigid chilly and blowing winds on Friday knocked out energy and reduce vitality manufacturing throughout the USA, driving up heating and electrical energy costs as folks ready for vacation celebrations. Winter Storm Elliott introduced sub-freezing temperatures and excessive climate alerts to about two-thirds of the USA, with chilly and snow in … Read more

Exploding grenade launcher a present from Ukraine, Polish police chief says

WARSAW, Dec 17 (Reuters) – Poland’s high policeman mentioned that an explosion in his workplace was attributable to a grenade launcher, telling non-public broadcaster RMF FM that he had obtained two of the weapons as a present from Ukraine. Poland’s inside ministry and prosecutor’s workplace had not beforehand confirmed media reviews that the explosion on … Read more

Buffett’s Berkshire discloses $4.1 billion TSMC stake

Nov 14 (Reuters) – Berkshire Hathaway Inc (BRKa.N) stated it purchased greater than $4.1 billion of inventory in Taiwan Semiconductor Manufacturing (2330.TW), , a uncommon vital foray into the know-how sector by billionaire Warren Buffett’s conglomerate. The information despatched shares in TSMC up greater than 6% in Taiwan on Tuesday, because it boosted investor sentiment … Read more

Exclusive: U.S. blocks more than 1,000 solar shipments over Chinese slave labor concerns

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

Oil stable near $100 a barrel as dollar weakens

LONDON, Nov 7 (Reuters) – Oil prices were stable on Monday, close to $100 a barrel as support from a weaker dollar and recovering Chinese crude imports met renewed demand concerns linked to China’s stringent COVID containment approach. Brent crude futures were down 1 cent, or 0.1%, to $98.56 a barrel at 1444 GMT. U.S. … Read more

Xi opposing nuclear weapons in Ukraine was reason enough to visit China, Scholz says

Must prepare for scenario where ties with China sour Comments come day after Scholz trip to Beijing Tells German CEOs to diversify away from China BERLIN, Nov 5 (Reuters) – German Chancellor Olaf Scholz, who was heavily criticised for a trip to Beijing this week, said on Saturday his and Chinese President Xi Jinping’s joint … Read more