Reuters Russia’s Gazprom saw gas exports fall 11.5% in October as the EU gas storage nears full capacity. The bloc has been scrambling to find alternative supplies after Russia shut down the Nord Stream 1 gas pipeline. But even full storage may not be enough to prevent blackouts, especially if the weather turns abnormally cold….
Monthly Archives: November 2022
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A man inspects products at a supermarket in Beijing, China, on May 12, 2022. Fred Lee/Getty Images US-listed shares of Chinese companies jumped Tuesday after speculation the government could end its zero-COVID policy. Alibaba, Nio, and Baidu shares were among the gainers. A Chinese official reportedly said he was unaware of the speculation. Alibaba and…
Traders work on the New York Stock Exchange floor in New York City. AP Photo/Ted Shaffrey US stocks advanced Tuesday with investors aiming to build on a strong October performance. US stocks rose Tuesday as November trade got underway. Investors were working on building on October’s record performance. Uber and China were in focus during…
Getty Images Gold prices are down for seven consecutive months, the longest decline since 1869, according to Deutsche Bank. Bullion slumped 1.6% in October and is down 11% from the start of the year. The fall in gold prices is happening as real bond yields have turned sharply higher. Gold prices fell 1.6% in October…
Roy Rochlin/Getty Images for Advertising Week New York; Carina Johansen/Getty Images Twitter’s CCO said she quit her job just hours after Elon Musk completed his $44 billion takeover. Her access to company accounts was cut off around 72 hours later, she said. On Thursday, Personette tweeted that she’d had a “great discussion” with Musk. She…
Former President Donald Trump. José Luis Villegas/AP Chief Justice John Roberts issued a temporary stay on a lower court ruling ordering Trump to turn his taxes over to Congress. Roberts’ order is not a final ruling but places a temporary hold on the federal appeals court’s order. The Supreme Court will now weigh Trump’s request…
Foxconn’s 200,000-person compound is under strict access control. Ah Chi/ Feature China/Future Publishing via Getty Images Two workers at the world’s largest iPhone factory walked 25 miles to get home after breaking lockdown. Bloomberg reported the story of Dong Wanwan and her brother, who left the factory amid strict COVID controls. Foxconn’s Zhengzhou facility is…
* Members of the Proud Boys rally in New York City on November 20, 2021. Stephanie Keith/Getty Images A former Proud Boys member was approved as a Miami poll worker, reports say. Gabriel Garcia was then dismissed after it came out he was charged over the Capitol riot. Two other former members were hired, and…
US antique ship, stock photo ilbusca/Getty Images The Energy Information Administration has warned that US diesel fuel reserves are dwindling rapidly. The Jones Act, which is more than a century old, prevents foreign vessels from transporting goods between two US ports. Waiving the Jones Act could provide relief to the US fuel crisis, a top…