REFI1

Adani loses Asia’s richest crown as inventory rout deepens to $84 billion

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BENGALURU, Feb 1 (Reuters) – Shares in Indian tycoon Gautam Adani’s conglomerate plunged once more on Wednesday as a rout in his firms deepened to $84 billion within the wake of a U.S. short-seller report, with the billionaire additionally dropping his title as Asia’s richest individual. Wednesday’s inventory losses noticed Adani slip to fifteenth on … Read more

Western allies differ over jets for Ukraine as Russia claims positive factors

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Biden says ‘no’ when requested about F-16s for Ukraine Zelenskiy says Moscow seeks ‘large revenge’ Russian administrator claims foothold in Vuhledar Kyiv may recapture floor when Western weapons arrive – group KYIV, Jan 31 (Reuters) – Ukraine’s defence minister is predicted in Paris on Tuesday to fulfill President Emmanuel Macron amid a debate amongst Kyiv’s … Read more

Ukraine requires quicker weapons provides as Russia presses jap offensive

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Three killed in Russian strikes on Kherson – governor Russian forces once more shell Vuhledar within the east Zelenskiy calls on allies to hurry up arms deliveries Zelenskiy presses Macron to ban Russia from Paris Video games KYIV, Ukraine, Jan 30 (Reuters) – Russian missile strikes killed three individuals within the southern Ukrainian metropolis of … Read more

Davos 2023: Large Oil in sights of local weather activist protests

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DAVOS, Switzerland, Jan 16 (Reuters) – Large oil companies got here beneath stress at first of the World Financial Discussion board (WEF) from activists who accused them of hijacking the local weather debate, whereas a Greta Thunberg-sponsored “stop and desist” marketing campaign gained assist on social media. Main power companies together with BP (BP.L), Chevron … Read more

Exxon sues EU in transfer to dam new windfall tax on oil corporations

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Dec 29 (Reuters) – U.S. oil main Exxon Mobil Corp (XOM.N) is suing the European Union in a bid to power it to scrap the bloc’s new windfall tax on oil teams, arguing Brussels exceeded its authorized authority by imposing the levy. Report earnings this 12 months by oil corporations benefiting from excessive power costs … Read more

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

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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

German automobile giants and Asian battery kings: a match made in Hungary

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German, Chinese language and S.Koreans head to Hungary They dominate auto funding and subsidies Orban’s Hungary eager to court docket international enterprise BERLIN/BUDAPEST, Dec 13 (Reuters) – German automakers and Asian battery suppliers are getting collectively in Hungary in a multi-billion-dollar marriage of comfort to drive their electrical ambitions. The businesses are flocking to central … Read more

S&P 500, Nasdaq snap shedding streaks after jobless claims rise

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Weekly jobless claims rise in keeping with estimates Moderna, Pfizer up as FDA authorizes up to date COVID boosters Exxon climbs after boosting buyback program Indexes up: Dow 0.55%, S&P 0.75%, Nasdaq 1.13% Dec 8 (Reuters) – The S&P 500 (.SPX) ended larger on Thursday, snapping a five-session shedding streak, as traders interpreted knowledge exhibiting … Read more

BP doubles down on hydrogen as gas of the long run

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BP sees quick progress in low-carbon hydrogen Gasoline to learn from authorities subsidies CEO Looney to announce hydrogen manufacturing targets BP plans massive hydrogen venture at Whiting, Indiana refinery LONDON, Dec 5 (Reuters) – BP chief government Bernard Looney is betting on hydrogen to energy future low-carbon companies because the governments of main economies stump … Read more

‘We aren’t your enemy’, say South Korean truckers putting for minimal wage protections

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UIWANG, South Korea, Dec 5 (Reuters) – Inside 5 white tents exterior the Uiwang container depot close to Seoul, about 200 putting truckers huddle round gasoline heaters, attempting to struggle the bitter chilly and the federal government narrative that they’re properly paid “labour aristocracy.” They’re all too conscious of the influence their strike has had … Read more