BEIJING (Reuters) - Tesla's energy storage gigafactory in Shanghai has started trial production, with mass production expected early next year, according to Tesla China on Tuesday.
(Reporting by Beijing Newsroom; Editing by Kim Coghill)
An Edmonton woman is hoping to recover the tens of thousands of dollars she spent fixing a sinking front porch and balcony of the home she had built less than a decade ago.Sheila O'Kelly, 72, says the more-than-two-year battle has affected her health and she has had to take money out of her retirement savings to pay nearly $77,000 for repairs and hire professionals. As new residential construction projects soar in Alberta, O'Kelly's story illustrates some of the potential challenges homeowners c
It was just past 11 on a freezing December morning on the outskirts of Brussels, but already workers at the city's Audi factory were cracking open frosty cans of beer. They had just finished a long night shift - not on one of the production lines at a plant that has produced 8 million cars since 1949, according to a huge sign on its exterior wall - but on a picket line outside. Pallets and old furniture were added to roaring fires in the middle of a road. Hand-painted signs raged, in French, aga
From allegations of planting articles to concocting smear campaigns through text messages, Hollywood public relations has faced a messy few weeks.
LOS ANGELES (AP) — “It Ends With Us” actor and director Justin Baldoni has sued his co-star Blake Lively and her husband, “Deadpool” actor Ryan Reynolds, for defamation and extortion on Thursday in the latest move in a bitter legal battle surrounding the dark romantic drama.
The Dutch government excludes billions of euros of sales by technology company ASML to China from disclosures on sensitive goods exports, it has told Reuters, following a policy decision that has not been previously reported. The move is of interest because disclosure of exports of "dual use" goods with potential military applications had previously been routine in the Netherlands, and experts who rely on public data to understand states' military capabilities, including parliament, may no longer have the full picture. Computer chip equipment maker ASML itself releases sales data for China - around $7 billion worth in the first nine months of 2024 - but it does not specify the type of machinery it sells by region.
A coal company suing the Alberta government is arguing that recent comments made by Alberta's energy minister back up its claim for compensation.Evolve Power Ltd., formerly Montem Resources Ltd., is one of five coal companies suing the provincial government for billions in damages tied to coal policy changes.In December, the Alberta government announced it was developing new rules to shape the future of coal mining in the province, promising them by late 2025.As a part of that news conference, E
If the Trump administration won't defend the FTC's ban in court, veteran John Roffino plans to step in: "To me, it screams 'supporting capitalism.'"
U.S. oil and gas companies are cutting jobs and reducing wages due to automation, outsourcing, and increased efficiency, despite record production levels.
If there's one thing the tech industry has enough of, it's "masculine energy."
Niccol, the former Chipotle Mexican Grill head, who is four months into his new role at Starbucks has set forth a raft of measures to improve the coffee chain's business, which took a hit from increased competition and weakening demand in the U.S. and China. "Our size and structure can slow us down, with too many layers, managers of small teams and roles focused primarily on coordinating work," Niccol said in a statement, adding that he will examine the role, structure and size of support teams globally.
In Baldoni's lawsuit against Lively, filed on Jan. 16, he alleges that the actress named a drink after Ryle, the film's perpetrator of domestic abuse
Up to 10% of China's oil refining capacity faces closure in the next ten years as an earlier-than-expected peak in Chinese fuel demand crushes margins and Beijing's drive to wring out inefficiency begins to squeeze older and smaller plants. Tighter U.S. sanctions enforcement under the incoming Trump administration could send more plants into the red and accelerate shutdowns by halting access to cheap crude from the likes of Iran, industry players and analysts say. The world's second-largest refining industry has long been plagued by excess capacity after expanding to capitalise on three decades of rapid demand growth.
"The possibility of tariffs is the biggest threat to the Canadian economy."
The key to a successful transition into retirement lies with several tactics, preparation being among the most significant, according to one expert.
(Bloomberg) -- Vanguard Group will pay more than $106 million to settle US Securities and Exchange Commission allegations that it made misleading statements about capital gains distributions and tax consequences to retail investors who held popular target-date retirement funds in taxable accounts.Most Read from BloombergNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Sprawl, Wildfire Evacuation Is Getting H
When retirement is nearing, you need to get your finances in order. If you weren't already, now is the time to get laser focused on saving for your golden years. To be financially prepared for...
The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other vendors and consumers.
They have a big advantage, but so could you.
Chile's Codelco, the world's largest copper producer, is in talks with Saudi Arabia over potential joint investments in the metal, the company's chairman told Reuters in an interview on Friday. On Codelco's output, Chairman Maximo Pacheco said the company's own production for 2025 was expected to rise by about 70,000 metric tons to around 1.4 million tons. Pacheco said the state-owned company had been in discussions with Saudi Arabia as there was a clear need on both sides to add value.
In the midst of a choppy start to the year for global markets, characterized by inflation fears and political uncertainty impacting U.S. equities, investors are seeking stability in their portfolios. As interest rates remain high and economic data points to persistent inflationary pressures, dividend stocks can offer a reliable income stream amidst market volatility.
