Spain and Morocco aim to restore the difficult relationship at the Rabat summit

Spain and Morocco aim to restore the difficult relationship at the Rabat summit

Spain and Morocco hold first summit in eight years Relations long strained by illegal migration issue Expected to sign up to 20 trade and investment agreements RABAT, 2 February (Reuters) – Spain and Morocco have agreed to put aside their differences, Spanish Prime Minister Pedro Sanchez said on Thursday, as they seek to mend a … Read more

Putin calls on Stalingrad to predict victory over the ‘new Nazism’ in Ukraine

Putin calls on Stalingrad to predict victory over the ‘new Nazism’ in Ukraine

Russian president speaks in Volgograd Eighty years have passed since the Soviet victory in Stalingrad Putin draws parallels with Russia’s campaign in Ukraine This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. VOLGOGRAD, Russia, Feb. 2 (Reuters) – President Vladimir Putin summoned the spirit of the Soviet … Read more

ChatGPT sets record for fastest growing user base – analyst note

ChatGPT sets record for fastest growing user base – analyst note

Feb 1 (Reuters) – ChatGPT, OpenAI’s popular chatbot, reached an estimated 100 million monthly active users in January, just two months after launch. Wednesday. The report, citing data from analytics firm Compareweb, said that in January, an average of about 13 million unique visitors per day had used ChatGPT, more than double the December level. … Read more

The Philippines grants the US more access to bases amid concerns about China

The Philippines grants the US more access to bases amid concerns about China

Philippines, US agree to add four locations under EDCA Agreement comes about amid tensions in the South China Sea, over Taiwan EDCA allows US access to Philippine military bases MANILA, Feb. 2 (Reuters) – The Philippines has granted the United States expanded access to its military bases, its defense chiefs said on Thursday, amid mounting … Read more

Adani market losses snowball to $100 billion in delayed share sale

Adani market losses snowball to 0 billion in delayed share sale

NEW DELHI, Feb. 2 (Reuters) – Indian shares of the Adani group fell on Thursday after market turmoil forced the conglomerate to scrap a crucial $2.5 billion equity offer, extending market losses to more than $ 100 billion and concerns arose about the possible systemic impact. The pullback of the share sale of Adani Enterprises … Read more

Honda is starting production of a new hydrogen fuel cell system, co-developed with GM

Honda is starting production of a new hydrogen fuel cell system, co-developed with GM

TOKYO, Feb. 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it will begin production this year of a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) and sell will gradually ramp up this decade, in an effort to expand its hydrogen business. Honda is targeting annual sales of about 2,000 … Read more

Airbus and Qatar Airways settle bitter A350 jet row

Airbus and Qatar Airways settle bitter A350 jet row

PARIS, Feb. 1 (Reuters) – Airbus (AIR.PA) and Qatar Airways have settled a dispute over stranded A350 jets, the companies said on Wednesday, avoiding a potentially damaging lawsuit in the UK after a blistering 18-month feud which ripped the lid off the global jet market. The “amicable and mutually acceptable settlement” ends a $2 billion … Read more

Hindenburg bet against India’s Adani puzzles against US short sellers

Hindenburg bet against India’s Adani puzzles against US short sellers

Feb.1 (Reuters) – When Hindenburg Research revealed a short position in Adani Group last week, some US investors said they were intrigued by the actual mechanisms of the trade, as Indian securities rules make it difficult for foreigners to bet against companies there. Hindenburg’s bet has been lucrative so far. The allegations, which the Indian … Read more

Myanmar junta extends state of emergency on anniversary of coup marked by ‘silent protest’

Myanmar junta extends state of emergency on anniversary of coup marked by ‘silent protest’

Junta extends state of emergency, says elections must be held “The current situation is under unusual circumstances,” says acting president In some cities in Myanmar, streets are deserted for silent protests Protesters hold rallies in Thailand and the Philippines Feb.1 (Reuters) – Myanmar’s junta has extended the country’s state of emergency for another six months, … Read more

Exclusive: EV maker Rivian cuts 6% of jobs amid price war – internal memo

Exclusive: EV maker Rivian cuts 6% of jobs amid price war – internal memo

SAN FRANCISCO, Feb. 1 (Reuters) – Rivian Automotive (RIVN.O) is laying off 6% of its workforce in a bid to cut costs as the EV maker, already struggling with declining cash reserves and a weak economy, braces itself for an industry-wide price war. The company is focusing its resources on ramping up vehicle production and … Read more