EXCLUSIVE: Germany ramps up emergency cash plans to tackle blackouts

FRANKFURT (Reuters) – German authorities are stepping up preparations to hand out emergency funds in the event of a power outage to keep the economy running as the nation prepares for possible power outages caused by the war in Ukraine, four people involved said. One person said plans include Bundesbank, Germany’s central bank, hoarding billions … Read more

Biden and Xi clash over Taiwan in Bali but Cold War fears are lukewarm

Biden and Xi met for 3 hours before the G-20 Both leaders stress the need to put relations back on track Indonesia seeks partnerships on global economy at G20 Ukrainian President Zelensky to address the G20 on Tuesday NUSA DUA, Indonesia, Nov. 14 (Reuters) – U.S. President Joe Biden and Chinese President Xi Jinping held … Read more

Booming Wall Street boosts global and European stocks; oil slices

WASHINGTON/LONDON (Reuters) – Global and European stocks rose on Friday as Wall Street extended gains on hopes that some central banks will slow down in raising interest rates. Commodity prices took a hit from the strength of the US dollar. Oil prices fell after China, the largest importer of crude, expanded its restrictions on the … Read more

Tens of thousands march in Berlin in support of Iran protests

Tens of thousands demonstrate in Berlin to support Iran protests Crowd chanting ‘Death to Khamenei’ at Berlin rally Protests enter sixth week despite deadly crackdown Revolutionary Guards warn a cleric of “stirring up” in the southeast of the country BERLIN/DUBAI (Reuters) – Tens of thousands of protesters marched in Berlin on Saturday to show support … Read more

Druzhba pipeline leak reduces Russian oil flow to Germany

Poland discovered a leak late Tuesday Poland says the leak is likely accidental rather than sabotage Germany says its supplies of crude oil are sufficient Schwedt refinery serving Berlin has few alternatives WARSAW (Reuters) – Germany said on Wednesday it was receiving less oil but still had enough supplies after Poland found a leak in … Read more

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, just a problem making and shipping all of the consumers’ Model Ys and Model 3s they were willing to buy. This may no longer be true. Analysts are seeing early warning … Read more

Apple forced to change charger in Europe as EU agreed to fix

European Parliament approves single charger repair The standard is USB-C, and it is used in Android devices Common charging port required for new phones from fall 2024 Laptops must be compatible with a single charger from 2026 BRUSSELS, October 4 (Reuters) – Apple Inc (AAPL.O) It will have to change the charger for its iPhones … Read more

A gas leak in Russian pipelines to Europe caused a sabotage investigation

Polish Prime Minister Blames Sabotage, Without Citing Evidence Russia says the leaks threaten energy security in Europe The footage shows gas bubbles rippling the surface of the sea Worker says damage to Nord Stream 1 is ‘unprecedented’ The Russian gas crisis caused prices to rise STOCKHOLM/COPENHAGEN (Reuters) – Europe is investigating major leaks in two … Read more

Bank of England looks at market turmoil, “will not hesitate” to act

Register now to get free unlimited access to Reuters.com Register The pound briefly touched a record low against the dollar Clots continue to break down The Minister of Finance explains in detail the financial plans on November 23 The Bank of England is closely monitoring developments LONDON (Reuters) – The Bank of England said on … Read more

Zelensky pledged no complacency as Ukraine says troops are crossing the Uskil River in the country’s northeast

Russia steps up strikes on Ukrainian civilian targets Ukraine says its forces have advanced to the east bank of the Oskil River Biden urges Putin not to use tactical nuclear and chemical weapons Kyiv (Reuters) – Ukrainian President Volodymyr Zelensky vowed not to stop fighting to reclaim lands lost to Russia as Kyiv said its … Read more