North Korea promises another spy satellite launch attempt

North Korea promises another spy satellite launch attempt

(1/3) A still photograph shows what appears to be North Korea’s new Chollima-1 rocket launched in Cholsan County, North Korea on May 31, 2023 in this image released by Korea Central News Agency. North and taken from a video. KCNA via REUTERS SEOUL, June 1 (Reuters) – North Korea’s Kim Yo Jong, sister of leader … Read more

Electric vehicle maker Lucid to raise $3 billion, mostly from Saudi PIF

Electric vehicle maker Lucid to raise  billion, mostly from Saudi PIF

May 31 (Reuters) – Lucid Group (LCID.O) said it expected to raise around $3 billion through an equity offering, nearly two-thirds of which would come from the Public Investment Fund ( PIF) of Saudi Arabia, sending shares of the luxury electric-vehicle maker down 9% after market hours. PIF, which owns more than 60% of the … Read more

Exxon and Chevron shareholders strongly reject climate-related petitions

Exxon and Chevron shareholders strongly reject climate-related petitions

HOUSTON, May 31 (Reuters) – Shareholders of Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) overwhelmingly rejected calls for tougher measures to mitigate climate change on Wednesday, dismissing more a dozen climate-related proposals at their annual meeting. meetings. The findings helped the two biggest US oil producers resist pressure from investor groups calling on the … Read more

Russia reports attacks on oil refineries and town near border with Ukraine

Russia reports attacks on oil refineries and town near border with Ukraine

Five killed in Luhansk village – Moscow-backed official Four injured in Ukrainian shelling of border town governor Refinery strikes latest attacks on Russian infrastructure MOSCOW/KIEV, May 31 (Reuters) – Russia said Ukrainian artillery struck a Russian city for the third time this week and drones hit two oil refineries in a spike in attacks on … Read more

Exclusive: UN attempts to save Black Sea grains deal with ‘mutually beneficial’ proposal

Exclusive: UN attempts to save Black Sea grains deal with ‘mutually beneficial’ proposal

KYIV, May 31 (Reuters) – The UN has proposed that Kiev, Moscow and Ankara begin preparatory work for the transit of Russian ammonia through Ukraine as it tries to salvage a deal allowing safe grain exports of the Black Sea, said a source familiar with the talks. Wednesday. As preparatory work begins, the UN wants … Read more

Amazon to pay $30 million for Alexa and Ring privacy breaches

Amazon to pay  million for Alexa and Ring privacy breaches

WASHINGTON, May 31 (Reuters) – Amazon.com (AMZN.O) and a subsidiary on Wednesday reached separate multimillion-dollar settlements with the U.S. Federal Trade Commission over violations of the privacy of children using her voice assistant Alexa and owners using her ring. doorbell camera. Amazon has agreed to pay $25 million to settle claims it violated children’s privacy … Read more

NATO troops on guard in northern Kosovo for third day amid protests

NATO troops on guard in northern Kosovo for third day amid protests

LEPOSAVIC, Kosovo, May 31 (Reuters) – NATO peacekeepers guarded town halls in ethnically polarized northern Kosovo for a third day on Wednesday as Serbia’s defense minister inspected troops deployed near the border with his former province after violent unrest this week. The unrest prompted NATO to send additional troops to the region and the alliance … Read more

US house prices to fall less than expected despite high borrowing costs – Reuters poll

US house prices to fall less than expected despite high borrowing costs – Reuters poll

BENGALURU, May 31 (Reuters) – U.S. home prices will fall less than expected this year before stagnating in 2024, despite widespread expectations interest rates will stay higher for longer, real estate analysts polled by Reuters. Even as the US Federal Reserve embarked on its most aggressive tightening cycle in four decades, average home prices fell … Read more

Elon Musk visits Chinese ministries of commerce and industry

Elon Musk visits Chinese ministries of commerce and industry

(1/3) Tesla Chief Executive Elon Musk stands near Chinese Minister of Commerce Wang Wentao before leaving the Chinese Ministry of Commerce in Beijing, China May 31, 2023. REUTERS/Tingshu Wang BEIJING, May 31 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk kicked off his second day in China with visits to the country’s Commerce Ministry and … Read more

US Imposes Sanctions on Chinese, Mexican Entities in Fentanyl Action

US Imposes Sanctions on Chinese, Mexican Entities in Fentanyl Action

WASHINGTON, May 30 (Reuters) – The United States on Tuesday imposed sanctions on 17 individuals and entities based in China and Mexico that it accused of enabling the production of counterfeit pills containing fentanyl, as the administration Biden seeks to stem imports of the deadly drug. . The Treasury Department said it imposed sanctions on … Read more