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

Truss forced to change taxes after week of market turmoil

Truss defended the policy, and markets were concerned about the cost Kwarteng now says it was a distraction A bend made with ‘humility and remorse’ – Kwarteng The reduction in the highest tax rate was a small part of the overall plan Lawmakers have expressed concern about the government’s ruling BIRMINGHAM, England (Reuters) – British … 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

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

Hurricane Fiona slams the Turks and Caicos Islands as a Category 3 storm and heads for Bermuda

SAN JUAN, Puerto Rico (Reuters) – Hurricane Fiona hit the Turks and Caicos Islands on Tuesday, dumping torrential rain and causing flooding in the Caribbean archipelago after cutting a path of destruction through the Dominican Republic. and Puerto Rico. US officials said the storm killed four people in Puerto Rico. A fifth person was killed … Read more

Frugal is the new cool style for young Chinese at a time when the economy is faltering

BEIJING (Reuters) – Before the epidemic, Doris Fu imagined a different future for herself and her family: a new car, a bigger apartment, and fine dining on weekends and vacations on tropical islands. Instead, the 39-year-old Shanghai marketing consultant is one of many Chinese in their 20s and 30s who are cutting spending and providing … Read more

Russian artillery and air strikes on targets in eastern Ukraine

Russia steps up strikes on Ukrainian civilian targets Ukraine says graves found near Izyum, relatives are looking for the dead Biden urges Putin not to use tactical nuclear and chemical weapons Restoration of the main power line at the Zaporizhzhya nuclear power plant – IAEA IZUM, Ukraine (Reuters) – Britain said on Sunday that Russia … Read more