Energy
Reuters exclusively reported[1] that legacy gas contracts with former main supplier Gazprom could become a key hurdle for utility Uniper in its attempts to return to the stock exchange following its 13.5 billion euro bail-out by the German government
Elon Musk visits China as Tesla seeks self-driving technology rollout
Reuters exclusively reported[1] that Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker’s second-biggest market.
Market Impact
Tesla has sold more than 1.7 millionUAE planning second nuclear power plant
Reuters exclusively reported[1] that the United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the number of the small Gulf state’s nuclear reactors.
Market Impact
The UAE, which signedRead more https://www.reutersagency.com/en/reutersbest/article/uae-planning-second-nuclear-power-plant/
ByteDance prefers TikTok shutdown in US if legal options fail
Technology
Reuters exclusively reported[1] that TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S.
Google parent announces first-ever dividend; beats on sales, profit; shares soar
Reuters was first to report[1] on Google-parent Alphabet declaring its first ever quarterly dividend and announcing a massive $70 billion buyback which sent its shares to a record high when markets opened the next day.
Market Impact
Alphabet’sRussia does not rule out LNG exports stagnating in next 4 years
CommoditiesEnergy
Reuters exclusively reported[1] that Russia’s liquefied natural gas exports could stagnate in the next four years under the two less-rosy of three Economy Ministry scenarios – a sign that Western sanctions might be cramping Moscow’s Venezuela to accelerate cryptocurrency shift as oil sanctions return
Reuters exclusively reported[1] that Venezuela’s state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on the country.