Japan tightens sanctions against Russia after deadly missile strikes in Ukraine

Japan tightens sanctions against Russia after deadly missile strikes in Ukraine

TOKYO, Jan 27 (Reuters) – Japan on Friday tightened sanctions against Russia following its latest wave of missile attacks in Ukraine, adding goods to an export ban list and freezing the assets of Russian officials and entities. The decision comes after Russia launched missile attacks in Ukraine, killing at least 11 people on Thursday, following … Read more

Musk describes Tesla’s recession book: cost recovery

Musk describes Tesla’s recession book: cost recovery

Jan 26 (Reuters) – Elon Musk has a playbook for Tesla (TSLA.O) heading into what he thinks is a “serious” recession: cutting costs on everything from parts to logistics, while maintaining pressure on competitors with reduced prices. . During a conference call to discuss Tesla’s fourth quarter results, Musk and other executives outlined plans to … Read more

Musk says Tesla price cuts sparked demand, 2023 sales could reach 2 million vehicles

Musk says Tesla price cuts sparked demand, 2023 sales could reach 2 million vehicles

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

North Korea locks down capital for ‘respiratory disease’

North Korea locks down capital for ‘respiratory disease’

SEOUL, Jan 25 (Reuters) – Authorities in the North Korean capital Pyongyang have ordered a five-day lockdown due to rising cases of an unspecified respiratory illness, the Russian embassy and NK reported on Wednesday. News, based in Seoul, citing a government advisory. The notice, shared by the embassy on its Facebook page, said a “special … Read more

Exclusive: Binance Moved $346 Million For Seized Crypto Exchange Bitzlato, Data Shows

Exclusive: Binance Moved 6 Million For Seized Crypto Exchange Bitzlato, Data Shows

LONDON, Jan 24 (Reuters) – Crypto giant Binance has handled nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by U.S. authorities last week for allegedly mining a “money laundering engine,” according to blockchain data seen by Reuters shows. On Jan. 18, the Justice Department said it had charged Bitzlato … Read more

South Africa defends planned military exercises with Russia and China

South Africa defends planned military exercises with Russia and China

Russian Lavrov visits for talks with key African ally Then we will head to Eswatini, Botswana and Angola South Africa’s Pandora says navy drills are ‘natural’ President Ramaphosa considers South Africa a neutral party PRETORIA, Jan 23 (Reuters) – South Africa’s foreign minister on Monday deflected criticism of planned joint military drills with Russia and … Read more

It’s ‘now or never’ to stop Japan’s population decline, says PM

It’s ‘now or never’ to stop Japan’s population decline, says PM

Jan 23 (Reuters) – Japanese Prime Minister Fumio Kishida pledged on Monday to take urgent action to tackle the country’s falling birth rate, saying it was “now or never” for one of the oldest societies in the world. Japan has tried in recent years to encourage its people to have more children with promises of … Read more

Exclusive: Geely plans to turn London black cab maker into powerhouse

Exclusive: Geely plans to turn London black cab maker into powerhouse

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

Bank of Japan policy change sparked rare government demand for pause

Bank of Japan policy change sparked rare government demand for pause

TOKYO, Jan 23 (Reuters) – Government officials who attended the Bank of Japan’s policy meeting in December were granted a half-hour adjournment to contact their ministries, minutes show, pointing out the importance of the central bank’s decision to change its bond market peg. At the December 19-20 meeting, the BOJ maintained its ultra-loose monetary policy … Read more