(This story contains offensive language in paragraph 3) By Jeff Mason WASHINGTON (Reuters) – Republican Donald Trump falsely claimed to have driven Democratic President Joe Biden out of the White House race and disparaged Vice President Kamala Harris in a video published by the Daily Beast, which drew a sharp rebuke from the Biden campaign. […]
China’s BYD opens EV factory in Thailand, first in Southeast Asia
RAYONG, Thailand (Reuters) – China’s BYD opened its first electric vehicle plant in Thailand on Thursday, the auto maker’s first in Southeast Asia. “BYD is using Thailand as a production hub for export to ASEAN and many other countries,” Narit Therdsteerasukdi, Secretary General of Thailand’s Board of Investment said at the opening ceremony, referring to […]
Bitcoin hits 2-month low on election uncertainty, Mt Gox flows
By Sameer Manekar (Reuters) – Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S. presidential elections and reports of bitcoin supply from a defunct Tokyo-based crypto exchange weighed. Bitcoin fell more than 2% to $57,843, its lowest since May 2, and has lost more than 6% so far […]
Biden’s July 4th party kicks off events that may reassure Democrats
By Steve Holland and Andrea Shalal WASHINGTON (Reuters) – If President Joe Biden is going to survive pressure to abandon his re-election campaign after a poor showing in his debate with Donald Trump, he needs to ace a gauntlet of events in coming days. As calls grow from some of his own Democrats to step […]
Lebanese farmers dig for answers on Israel’s white phosphorus use
By Maya Gebeily Qlayaa, LEBANON (Reuters) – The last time Lebanese farmer Zakaria Farah stepped onto his fields outside the southern town of Qlayaa was in January – but it was not to plant. With shelling in the distance, he swiftly dug his hands into the soil to gather samples that could determine his family’s […]
Biden should drop re-election bid, Italy’s Renzi says, to give Democrats a chance
By Alvise Armellini ROME (Reuters) – U.S. President Joe Biden must drop his re-election bid or Donald Trump is sure to return to the White House, former Italian prime minister Matteo Renzi said on Wednesday. Renzi, 49, led a centre-left government from 2014-2016 and was close to the administration led by former President Barack Obama, […]
Carmaker Stellantis joins forces with France’s CEA for EV battery research
PARIS (Reuters) – Stellantis, the carmaker whose brands include Peugeot, Fiat and Chrysler, announced on Wednesday a partnership with the French state’s CEA research organisation to work on a next generation of battery cells for electric vehicles. WHY IT MATTERS: Carmakers around the world are exploring battery technologies to reduce the cost of electric vehicles […]
US service sector sags in June as orders sink
WASHINGTON (Reuters) – A measure of U.S. services sector activity slumped to a four-year low in June amid a sharp drop in orders, potentially hinting at a loss of momentum in the economy at the end of the second quarter. The Institute for Supply Management said its nonmanufacturing purchasing managers (PMI) index dropped to 48.8 […]
GM to pay $145.8 million penalty after US finds excess emissions
By David Shepardson (Reuters) -General Motors will pay a $145.8 million penalty after a U.S. government investigation found excess emissions from approximately 5.9 million GM vehicles, government agencies said on Wednesday. The Environmental Protection Agency said GM has agreed to give up approximately 50 million metric tons in carbon allowances after the multi-year investigation found […]