By James Pearson LAS VEGAS (Reuters) – A digital vulnerability in the computer systems used on some Boeing Co aircraft that could have allowed malicious hackers to modify data and cause pilots to make dangerous miscalculations has been fixed, security researchers said on Friday. Older versions of a digital tool used to calculate landing …
Potential hack for some Boeing planes fixed -researchers Read More »
By David Shepardson (Reuters) – U.S. President Joe Biden will sign legislation on Tuesday that will eliminate electric vehicle tax credits for most models currently getting up to $7,500 effective. The White House said Biden will sign legislation to approve the $430 billion climate, health and tax bill on Tuesday. The bill restructures the existing …
Biden to sign law on Tuesday cutting most current EV credits Read More »
(Reuters) – California Governor Gavin Newsom is proposing to give PG&E Corp a $1.4 billion government loan to extend the life of a nuclear power plant it runs by as much as a decade as the state seeks to shore up electric reliability while moving away from fossil fuels, his office said on Friday. The …
California governor proposes $1.4 billion loan to keep nuclear plant open Read More »
(Reuters) -U.S. retailer Walmart Inc on Monday struck a deal with Paramount Global to offer Paramount+ streaming service to the subscribers of its membership program in a push to better compete with Amazon.com Inc. Members of Walmart+ will get access to Paramount’s “essential” plan, which costs $4.99 per month and includes commercials. It also offers …
Walmart enters streaming deal with Paramount+ in race with Amazon Read More »
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever With no major regional economic reports on tap Tuesday, Asian markets will continue to digest the implications from China’s dismal data deluge on Monday that instantly deepened the gloom surrounding the world’s second largest economy. The central bank’s meagre 10 basis …
Marketmind: Still reeling from China’s data debacle Read More »
By Karl Plume St. Louis, Missouri (Reuters) – Agricultural seeds and chemicals maker Bayer AG on Monday launched a digital farming platform that it says will help U.S. growers enact environmentally friendly practices and connect them with companies seeking more sustainable food, feed and biofuel ingredients. The effort will help the seed and chemical giant …
Bayer launches sustainable agriculture hub to connect U.S. farmers, food and fuel makers Read More »
By Rozanna Latiff KUALA LUMPUR (Reuters) – Lawyers for former Malaysian prime minister Najib Razak sought on Monday to introduce fresh evidence for a re-trial, a final bid to overturn a 12-year jail term over a corruption case linked to the multibillion-dollar 1MDB scandal. Najib, 69, has pleaded not guilty to dozens of charges over …
Malaysia ex-PM Najib asks court to admit new evidence as final 1MDB appeal begins Read More »
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Economic data from Asia’s two economic powerhouses kicks off the global trading day on Monday – a batch of July indicators from misfiring China, and Japan’s Q2 GDP report. We get the first insight into how China’s COVID-hit economy started Q3, …
Marketmind: Asia’s economic spotlight shines on giants China, Japan Read More »
By Hadeel Al Sayegh DUBAI (Reuters) -State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining margins. Aramco joins oil majors such as Exxon Mobil Corp and BP that have reported strong or record breaking results in recent weeks …
Saudi Aramco profit soars on higher prices and refining margins Read More »
By Maha El Dahan and Michael Georgy DUBAI (Reuters) – At an industry event this year in Riyadh, the Saudi energy minister paused at about 9 p.m. in front of some 1,000 people and told them it was bedtime for Amin Nasser, the chief executive of state-owned oil producer Saudi Aramco. He was not joking. …
Saudi Aramco’s Amin Nasser: a homegrown engineer who reached the top Read More »
