Exclusive: Europe is looking at Musk’s SpaceX to fill the gap left by tensions in Russia

Exclusive: Europe is looking at Musk’s SpaceX to fill the gap left by tensions in Russia

PARIS, August 12 (Reuters) – The European Space Agency (ESA) has started preliminary technical talks with Elon Musk’s SpaceX, which could lead to the temporary use of its launcher after the conflict in Ukraine blocked Western access to Russia’s Soyuz missiles. The private US competitor to Europe’s Arianespace has proved to be a key contender … Read more

Five Chinese state-owned companies will be withdrawn from the NYSE

Five Chinese state-owned companies will be withdrawn from the NYSE

SHANGHAI / HONG KONG, Aug. 12 (Reuters) – Five Chinese state-owned companies including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would withdraw from the New York Stock Exchange amid spikes diplomatic actions and economic tensions with the United States. The companies that also include Aluminum Corporation of China (Chalco) (601600.SS), … Read more

Yoon from South Korea pardons Jay Y. Lee from Samsung to counter the “economic crisis”

Yoon from South Korea pardons Jay Y. Lee from Samsung to counter the “economic crisis”

Samsung’s heir has served 18 months in prison for bribery Businessmen were convicted of a scandal in which he knocked the president down South Korea says the leaders needed help to overcome the economic crisis Samsung can increase investment thanks to pardon Lee – analysts SEOUL, Aug. 12 (Reuters) – South Korean president Yoon Suk-yeol … Read more

Latvia, Estonia are leaving the Chinese cooperation group

Latvia, Estonia are leaving the Chinese cooperation group

The Chinese national flag is visible in Beijing, China April 29, 2020 REUTERS / Thomas Peter / File Photo Sign up now for FREE unlimited access to Reuters.com Register VILNIUS, August 11 (Reuters) – Latvia and Estonia withdrew from the cooperation group of China and a dozen CEE countries on Thursday, following in the footsteps … Read more

France is battling a “monstrous” fire as heatwaves burn Europe away

France is battling a “monstrous” fire as heatwaves burn Europe away

HOSTENS, France, August 11 (Reuters) – On Thursday, day three, a “monster” fire raged in southwestern France, ravaging forests and forcing 10,000 people to evacuate their homes. Without a break in the hot temperatures, firefighters supported by water bombers probably fought on many fronts before the weekend, saying that a huge fire could change direction … Read more

US gasoline prices dropped below $ 4 for the first time since March

US gasoline prices dropped below $ 4 for the first time since March

The demand for gasoline declined in the summer Lower-income households spend less when prices fall The US retail price hit a record high in June Aug. 11 (Reuters) – The median retail price of US gasoline fell below $ 4 a gallon on Thursday for the first time in months, giving some relief to drivers … Read more

Ukrainian creditors agree to a two-year freezing of $ 20 billion in foreign debt

Ukrainian creditors agree to a two-year freezing of $ 20 billion in foreign debt

Ukraine says the move will save $ 6 billion over two years Creditors backed a similar move for two state-owned companies Comprehensive debt restructuring after the freeze LONDON / NEW YORK, Aug. 11 (Reuters) – Ukrainian foreign creditors backed a motion for a two-year payment freeze on nearly $ 20 billion in international bonds, regulatory … Read more

The sale of Alibaba SoftBank may end the taboo of disintegration

The sale of Alibaba SoftBank may end the taboo of disintegration

Japanese CEO of SoftBank Group Corp Masayoshi Son attends a press conference in Tokyo, Japan, November 5, 2018 REUTERS / Kim Kyung-Hoon Sign up now for FREE unlimited access to Reuters.com Register LONDON, August 10 (Reuters Breakingviews) – Masayoshi Son thinks the unthinkable at SoftBank Group (9984.T). Its $ 63 billion tech and telecommunications empire … Read more

North Korea announces victory over COVID, suggests leader Kim had it

North Korea announces victory over COVID, suggests leader Kim had it

North Korean leader Kim Jong Un speaks at a Labor Party Politburo meeting on the response to the country’s coronavirus outbreak (COVID-19) in this undated photo released by the Korean Central Information Agency (KCNA) on May 21, 2022. REUTERS Sign up now for FREE unlimited access to Reuters.com Register SEOUL, Aug. 11 (Reuters) – North … Read more

South Korea and China are clashing over the US anti-missile shield, complicating the conciliation process

South Korea and China are clashing over the US anti-missile shield, complicating the conciliation process

Terminal High Altitude Area Defense (THAAD) interceptor as seen in Seongju, South Korea, June 13, 2017 Photo taken June 13, 2017 REUTERS / Kim Hong-Ji Sign up now for FREE unlimited access to Reuters.com Register SEOUL, Aug. 11 (Reuters) – China and South Korea clashed over the US anti-missile shield on Thursday, threatening to undermine … Read more