Explainer: Why is Turkey blocking Swedish and Finnish NATO membership?

Explainer: Why is Turkey blocking Swedish and Finnish NATO membership?

STOCKHOLM, Jan. 25 (Reuters) – Sweden’s and Finnish hopes of quickly joining NATO have hit an obstacle in the form of objections from Turkey, which has veto power over joining the military alliance. The three nations reached an agreement in Madrid last June on how to proceed, but Turkish President Tayyip Erdogan has said Sweden … Read more

Musk says Tesla’s price cuts drove demand, 2023 sales could reach 2 million vehicles

Musk says Tesla’s price cuts drove demand, 2023 sales could reach 2 million vehicles

25 Jan. (Reuters) – Tesla Inc’s (TSLA.O) aggressive price cuts have fueled demand for its electric vehicles, Chief Executive Elon Musk said Wednesday, allaying concerns that a weak economy would curb buyer interest. The company slightly beat Wall Street’s targets for fourth-quarter revenue and profit earlier on Wednesday, despite a sharp decline in vehicle profit … Read more

Rupert Murdoch drops proposal to combine Fox, News Corp and Move sales

Rupert Murdoch drops proposal to combine Fox, News Corp and Move sales

24 Jan. (Reuters) – Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp (NWSA.O) and Fox Corp as the company also explores a sale of Move Inc, which operates the website Realtor.com, to CoStar Group, according to reports a legal request and resources familiar with the process. Three sources familiar with the matter … Read more

Strong clan loyalty, locals, helped mafia boss Messina Denaro stay hidden

Strong clan loyalty, locals, helped mafia boss Messina Denaro stay hidden

Mafia’s last godfather enjoyed unusually strong loyalty The Omerta code of silence also helped the boss stay hidden ‘Last godfather’ Messina Denaro lived near his mother PALERMO, Italy, January 25 (Reuters) – When Salvatore Catalano discovered that mafia boss Matteo Messina Denaro lived just a short walk from his home in the western Sicilian town … Read more

Exclusive: Binance Moved $346M For Seized Crypto Exchange Bitzlato, Data Show

Exclusive: Binance Moved 6M For Seized Crypto Exchange Bitzlato, Data Show

LONDON, Jan. 24 (Reuters) – Crypto giant Binance processed nearly $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by US authorities last week for allegedly running a “money laundering machine”, according to blockchain data seen by Reuters. The Justice Department said on Jan. 18 that it charged Bitzlato’s co-founder … Read more

Cryptoverse: Bitcoin investors are taking control

Cryptoverse: Bitcoin investors are taking control

24 January (Reuters) – Paranoid? The domino demise of FTX and other crypto custodians is enough to make the most trusting investor grab their bitcoin and shove it under the mattress. Holders large and small are indeed taking “self-custody” of their funds, moving them from crypto exchanges and trading platforms to personal digital wallets. As … Read more

Lab-grown meats are moving closer to American dinner plates

Lab-grown meats are moving closer to American dinner plates

WASHINGTON, Jan. 23 (Reuters) – Once the stuff of science fiction, lab-grown meat could become a reality in some restaurants across the United States as early as this year. Executives at cultured meat companies are optimistic that meat grown in huge steel drums could be on the menu within months after a company gets the … Read more

New suppliers are racing to plug into the electric car market

New suppliers are racing to plug into the electric car market

WOKING, England, Jan. 23 (Reuters) – The global auto industry has committed $1.2 trillion to the development of electric vehicles (EVs), presenting a golden opportunity for new suppliers to win contracts supplying everything from battery packs to motors and inverters. Startups specializing in batteries and coatings to protect EV parts, and suppliers traditionally focused on … Read more

Exclusive: Geely plans to transform maker of London black cabs into EV powerhouse

Exclusive: Geely plans to transform maker of London black cabs into EV powerhouse

COVENTRY, England, Jan. 23 (Reuters) – China’s Geely (0175.HK) is planning a major investment to transform the maker of London’s iconic black cabs into a large-scale, all-electric brand with a range of commercial and passenger vehicles. unit executives told Reuters. London Electric Vehicle Company (LEVC) is also looking to expand its range of services, including … Read more

In Mexico, a reporter published a story. The next day he was shot dead

In Mexico, a reporter published a story.  The next day he was shot dead

MEXICO CITY, Jan. 21 (Reuters) – Just after sunset on Thursday, Feb. 10, two men pulled up in a white Dodge Ram pickup outside Heber Lopez Vasquez’s small radio studio in southern Mexico. A man got out, walked in and shot the 42-year-old journalist dead. Lopez’s 12-year-old son Oscar, the only one with him, was … Read more