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Brazil’s Vale signs long-term deal to supply Tesla with nickel
By Karen Brettell
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Posted on May 6, 2022
FILE PHOTO: Brazilian mining company Vale SA logo and trading symbol are displayed on a screen at the NYSE in New York
SAO PAULO (Reuters) – Brazilian miner Vale SA said on Friday it has signed a long-term deal with Tesla Inc to supply the U.S.-based...
Wall St tumbles again as strong jobs growth fuels rate hike fears
By Devik Jain and Medha Singh
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Posted on May 6, 2022
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City
(Reuters) -U.S. stock indexes extended losses for a second day on Friday as elevated U.S. Treasury yields dragged growth shares after stronger-than-expected...
Nvidia to pay $5.5 million penalty for ‘inadequate disclosures’ about cryptomining -SEC
By Metro US
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Posted on May 6, 2022
FILE PHOTO: The logo of technology company Nvidia is seen at its headquarters in Santa Clara
WASHINGTON (Reuters) – Nvidia Corporation has agreed to pay $5.5 million to settle civil charges that the technology firm did not properly disclose the impact of cryptomining on its...
Chinese autos group estimates sales skidded 48% lower in April
By Metro US
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Posted on May 6, 2022
Cars for export wait to be loaded onto cargo vessels at a port in Lianyungang
SHANGHAI (Reuters) -China’s auto association estimates that sales in April dropped 48% year-on-year, as zero COVID-19 policies shut factories, limited traffic to showrooms and put the brakes on spending.
The estimate represents the...
Volkswagen says its electric cars have ‘sold out’ for 2022 as demand for EVs in Europe doubles
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Volkswagen says its electric cars have ‘sold out’ for 2022 as demand for EVs in Europe doubles
European consumers bought nearly twice as many electric vehicles in the first quarter of this year, compared to the same period of 2021 - Copyright JENS SCHLUETER / AFP
By Tom Bateman & Reuters • Updated: 05/05/2022 - 15:11
German carmaker Volkswagen has "sold out" of battery-electric vehicles in the United States and Europe, meaning...
Watch: The US dollar is the mightiest of all world currencies but is its position under threat?
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Watch: The US dollar is the mightiest of all world currencies but is its position under threat?
Composite image shows the three main reserve currencies on a podium: the US dollar, the pound sterling and the euro. - Copyright Canva
By Aisling Ní Chúláin • Updated: 04/05/2022 - 16:11
For close to 80 years, the US dollar has reigned supreme as the world’s premier reserve currency.
It’s a state of affairs...
Is fermented mushroom the most sustainable meat substitute?
There are three broad kinds of meat substitute, but microbial 'meat' may have the environmental edge. - Copyright AP Photo/Richard Drew
By Lottie Limb • Updated: 05/05/2022 - 19:03
Replacing a fifth of the beef people eat with a fungi-based alternative by 2050 could cut deforestation by as much as 50 per cent, new analysis finds.
The links between the steak on your...
Ryanair plane diversion: Girlfriend of Belarus journalist Roman Protasevich given six-year jail term
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Ryanair plane diversion: Girlfriend of Belarus journalist Roman Protasevich given six-year jail term
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By Euronews with AFP • Updated: 06/05/2022 - 12:19
Sofia Sapega, who was detained in Minsk with her dissident boyfriend Roman Protasevich, attends a court hearing in Grodno, Belarus. - Copyright Credit: Reuters
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A Belarusian court on Friday sentenced the Russian girlfriend of opposition figure Roman Protasevich...
McColl's appoints administrators but Asda co-owners expected to agree rescue
Sky News understands that the Issa brothers could agree a deal later on Friday to buy the stricken retail chain but there are other interested parties, including Morrisons, waiting in the wings.
Friday 6 May 2022 14:24, UK
Image:McColl's has more than 1,400 stores and employs 16,000 staff
Why...
Russian will not use nuclear weapons in Ukraine – foreign ministry
By Eduardo Baptista and David Stanway
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Posted on May 6, 2022
A view shows a plant of Azovstal Iron and Steel Works in Mariupol
(Reuters) – Russia will not use nuclear weapons in Ukraine, foreign ministry spokesman Alexei Zaitsev said on Friday.
Zaitsev told reporters the use of nuclear weapons by Russia – a...
As Beijing battles outbreak, China warns ‘zero COVID’ doubters
By Eduardo Baptista and David Stanway
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Posted on May 6, 2022
Coronavirus disease (COVID-19) outbreak in Beijing
BEIJING/SHANGHAI (Reuters) -Beijing residents fretted on Friday over tightening COVID curbs in its biggest district and dozens of new cases reported daily as China’s leaders reiterated their resolve to battle the virus and threatened action against critics of...
Inflation in Turkey rises to 70%, according to official data, a 20-year high
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By AP with Euronews • Updated: 05/05/2022 - 15:19
A screen displays exchange rates in a currency exchange shop in a commercial street in Istanbul. - Copyright AP Photo/Francisco Seco
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Turkey's cost of living crisis is growing after official data showed that inflation in the country rose...
EV maker Nikola jumps on securing supplies to meet 2022 delivery target
By Akash Sriram
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Posted on May 5, 2022
U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin
(Reuters) -Electric vehicle maker Nikola Corp said on Thursday it had secured sufficient component supplies to meet...
Musk expected to be temporary Twitter CEO after closing $44 billion takeover – CNBC
By Marianna Parraga and Mircely Guanipa
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Posted on May 5, 2022
Oracle’s Executive Chairman of the Board and Chief Technology Officer Larry Ellison gestures while giving a demonstration during his keynote address at Oracle OpenWorld in San Francisco
By Nivedita Balu
(Reuters) -Elon Musk is expected to become Twitter’s temporary CEO...