Analysis: Tesla may face its toughest challenges yet as the economy slows

SAN FRANCISCO, Oct. 4 (Reuters) – In July, Tesla (TSLA.O) CEO Elon Musk said the electric car maker had no problem with customer demand, simply a problem making and shipping all the Model Ys and Model 3s consumers were willing to buy. This may no longer be true. Analysts are seeing early warning signs for … Read more

Brazilian markets have their best day since 2020 as Bolsonaro beats polls

São Paulo (Reuters) – Brazilian markets jumped on Monday as a stronger-than-expected performance by President Jair Bolsonaro and his allies in Congress in the first round of a general election eased concerns about sharp changes in economic policy. The Brazilian currency strengthened more than 4% against the dollar, while the benchmark Bovespa stock index (.BVSP) … Read more

Analysis: Underwater: How the Bank of England has delivered a lifeblood to the markets

Bank of England bought bonds after pension fund pleas Some UK pension funds have faced problematic margin calls BoE support is seen as giving an opportunity to build collateral The British government’s unfunded tax plan scared the markets LONDON/NEW YORK (Reuters) – Calls from the Bank of England began on Monday saying some British pension … Read more

The energy crisis creates a new European order: strong Italy and ailing Germany

MILAN/FRANKFURT (Reuters) – In the weeks following Russia’s invasion of Ukraine on February 24, Claudio Descalzi, CEO of major Italian energy company Eni. (ENI.MI)I embarked on a whirlwind of trips to Africa’s gas suppliers. The visits included meetings with officials in Algeria in February as well as talks in Angola, Egypt and the Republic of … Read more

Exclusive: Europe braces for mobile network outage

PARIS / STOCKHOLM / MILAN (Reuters) – Cell phones would be unimaginable in Europe this winter if blackouts or power rationing disrupted parts of mobile phone networks across the region. Russia’s decision to halt gas supplies through Europe’s main supply route in the wake of the conflict in Ukraine has increased the chances of an … Read more

Exclusive Twitter brands post ads next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have halted their marketing campaign or removed their ads from parts of Twitter because their promotions appeared alongside tweets urging child pornography, the companies told Reuters. Brands ranging from The Walt Disney Company (DIS.N)NBCUniversal (CMCSA.O) The Coca-Cola Company (KO.N) Children’s Hospital … Read more

Gas crisis plunges LNG shipping market into the hands of energy giants

LONDON/SINGAPORE (Reuters) – The skyrocketing price of liquefied natural gas (LNG) shipping has alienated dozens of small traders, concentrating business in the hands of a handful of major global energy companies and major global trading houses. This grip is not expected to ease until 2026 when more LNG begins to emerge and lower prices, raising … Read more

Italy’s election winners target an era of political stability

Register now to get free unlimited access to Reuters.com Register The right-wing bloc will have a clear majority in both houses Meloni will be the country’s first female prime minister The leader of the association says the government will be stable The government is not expected to be sworn in for a few weeks Record … Read more

Storm Fiona hits the east coast of Canada; Thousands without electricity

Register now to get free unlimited access to Reuters.com Register HALIFAX, Nova Scotia (Reuters) – Powerful storm Fiona swept through eastern Canada on Saturday, bringing hurricane-force winds, downing trees and power lines and leaving hundreds of thousands of homes and businesses without power. The US National Hurricane Center (NHC) said the storm’s center, which has … Read more

At the United Nations, Micronesia denounces Japan’s plan to release Fukushima waters into the Pacific Ocean

A worker, wearing protective suits and masks, takes notes in front of radioactive water storage tanks at the Fukushima Daiichi Nuclear Power Plant of Tokyo Electric Power Corporation (TEPCO) in Okuma City, Fukushima Prefecture, Japan, February 10, 2016. REUTERS/Toro Hanai Register now to get free unlimited access to Reuters.com Register UNITED NATIONS (Reuters) – The … Read more