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NHL roundup: Lightning's Andrei Vasilevskiy wins season debut
  + stars: | 2023-11-25 | by ( ) www.reuters.com   time to read: +12 min
Jake DeBrusk and Danton Heinen scored for Boston, which had gained points in seven straight games since a 5-4 loss in Detroit on Nov. 4. Kiefer Sherwood had a goal and two assists for the Predators, who won their fourth straight game. Ryan Nugent-Hopkins scored one goal and added two assists, while Evander Kane and Evan Bouchard also scored for the Oilers. Johnathan Kovacevic also scored and Cayden Primeau made 31 saves for Montreal, which won its second straight road game. Kirill Kaprizov had a goal and an assist and Joel Eriksson Ek also scored for Minnesota, which lost its sixth straight game.
Persons: Andrei Vasilevskiy, James Guillory, Nikita Kucherov, Steven Stamkos, Brandon Hagel, Luke Glendening, Hagel, Stefan Noesen, Michael Bunting, Antti Raanta, Vasilevskiy hadn't, Conn Smythe, Kevin Korchinski, Connor Bedard's, Ilya Samsonov, Korchinski, Jason Dickinson, Arvid Soderblom, Nicholas Robertson, Calle Jarnkrok, Ryan Reaves, Max Domi, Alex DeBrincat, Compher, Robby Fabbri, Dylan Larkin, David Perron, Shayne Gostisbehere, Ville Husso, Jake DeBrusk, Danton Heinen, David Pastrnak, Jeremy Swayman, Mika Zibanejad, Chris Kreider, Zibanejad, Kreider, Igor Shesterkin, Sean Couturier, Luke Evangelista, Filip Forsberg, Louis, Kiefer Sherwood, Ryan O'Reilly, Yakov Trenin, Spencer Stastney, Alexandre Carrier, Kevin Lankinen, Pavel Buchnevich, Robert Thomas, Jake Neighbours, Kevin Fiala, Cam Talbot, Anze Kopitar, Arthur Kaliyev, Quinton Byfield, Adrian Kempe, Trevor Moore, Drew Doughty, Kopitar, Marcel Dionne, Radko Gudas, Alex Killorn, John Gibson, Elvis Merzlikins, Merzlikins, Jack Hughes, Jesper Bratt, Eric Robinson, Boone Jenner, Alexander Holtz, Akira Schmid, Leon Draisaitl, Connor McDavid, Stuart Skinner, Ryan Nugent, Hopkins, Evander Kane, Evan Bouchard, Zach Hyman, Charlie Lindgren, Cole Caufield, Jesse Ylonen, Johnathan Kovacevic, Cayden Primeau, William Eklund, Tomas Hertl, Mike Hoffman, Mackenzie Blackwood, Eklund, Nick Suzuki, Hoffman, Ylonen, Blackwood, Connor Hellebuyck, Nino Niederreiter, Nikolaj Ehlers, Adam Lowry, Hellebuyck, Sergei Bobrovsky, Aleksander Barkov, Blake Coleman, Elias Lindholm, Yegor Sharagovich, A.J, Greer, Adam Ruzicka, Calgary's Mikael Backlund, Nazem Kadri, Andrew Mangiapane, Jacob Markstrom, Wyatt Johnston, Jason Robertson, Joe Pavelski, Jamie Benn, Evgenii, Jake Oettinger, Kurtis MacDermid's, Ross Colton, Valeri Nichushkin, Alexandar Georgiev, Kirill Kaprizov, Joel Eriksson Ek, Filip Gustavsson, Alex Tuch, Jeff Skinner, Tuch, Kyle Okposo, Victor Olofsson, Ukko, Pekka Luukkonen, Sidney Crosby, Lars Eller, Alex Nedeljkovic, Mathew Barzal, Anders Lee, Kyle Palmieri, Oliver Wahlstrom, Simon Holmstrom, Alexander Romanov, Brock Nelson, Semyon Varlamov, Drake Batherson, Tim Stutzle, Mathieu Joseph, Anton Forsberg, Sam Lafferty, Thatcher Demko, Teddy Blueger, Dakota Joshua, Nils Hoglander, Ilya Mikheyev, Nils Aman, Conor Garland, Tye Kartye, Joey Daccord Organizations: Tampa Bay, Carolina Hurricanes, PNC Arena, Tampa Bay Lightning, Tampa, Hurricanes, NHL, Blackhawks, Maple Leafs, Chicago, Toronto, Red Wings, Bruins, Detroit, Boston, Rangers, Flyers, Philadelphia, Metropolitan Division, Blues, Nashville, St, Predators, Ducks, Los, Anaheim, The Buffalo Sabres, Kings, Blue Jackets, Devils, Oilers, Capitals, Edmonton, Washington, Canadiens, Montreal, San, Jets, Panthers, Winnipeg, The Jets, Vezina, Florida, Flames, Calgary, Dallas, Stars, Avalanche, Colorado, Minnesota, Penguins, Buffalo, Pittsburgh, Sabres, Islanders, Senators, Ottawa, Canucks, Vancouver, Seattle, Thomson Locations: Raleigh , North Carolina, USA, Raleigh, N.C, Tampa Bay, Toronto, Detroit, New York, Los Angeles, Columbus, Newark , N.J, Jose, San Jose, Winnipeg, Sunrise, Fla, Florida, Saint Paul, Dakota
Car companies including Stellantis, Hyundai and Volkswagen have also teamed up with firms working on solid state batteries. But solid state technology has its own challenges, and it’s not the only way automakers could achieve lighter, cheaper and faster charging electric vehicles. In a solid state battery, the electrolyte is, well, a solid. That solid electrolyte is one reason that solid state batteries might be safer than lithium-ion batteries. Ultimately, there probably will never be one battery technology used in all EVs, GM spokesperson Phil Lienert said.
Persons: it’s, William Kephart, Kephart, , Siyu Huang, Quantumscape, That’s what’s, Phil Lienert Organizations: CNN, Toyota, Stellantis, Hyundai, Volkswagen, P3, OneD, Sciences, GM
Some automakers are slowing down EV production, saying electric vehicles are too expensive. Auto execs have pointed to high prices as a big reason why demand for electric cars has slumped this year. AdvertisementHere's three reasons why electric cars are getting more affordable. Cheaper battery packsBy far the most expensive part of any EV is the battery, and spiking battery prices have hit automakers hard. "You have to get to a certain scale to really start to make money on electric cars and for the costs to go down," Valdez Streaty said.
Persons: , Kelley, Tesla, Goldman Sachs, EVs, David Browne, Patrick T, Fallon, Browne, Matthias Preindl, Stephanie Valdez Streaty, it's, Valdez Streaty, Elon, you've Organizations: Service, Ford, General Motors, EV, Atlas Public, EVs, Bloomberg, Department of Energy, Smart, Toyota, Manufacturers, ICE, Columbia University, Smith, Cox, Chicago Tribune, Getty Locations: China, Germany, Los Angeles
UBS has identified the stocks set to benefit from the growth of next-generation "solid-state" battery electric vehicles. Solid-state batteries are viewed as a potential breakthrough technology because they can store more energy than lithium-ion batteries and charge faster. Toyota's targets for solid-state batteries are about double the capacity of the longest-range Tesla vehicles. The automaker's planned transition to solid-state batteries for its EVs by the late 2020s makes the company's stock an attractive investment, according to the investment bank. The table below shows some of the global stocks best positioned to capitalize on the shift to solid-state batteries, according to UBS: UBS named Toyota Industries , which has already partnered with Toyota Motor on developing lithium-ion batteries, as another stock that could benefit from the shift to solid-state batteries.
Persons: Kohei Takahashi, Morgan Stanley, — CNBC's Michael Bloom Organizations: UBS, Toyota, Nissan, Honda, Toyota Industries, Toyota Motor, Mitsui Mining & Smelting, Sumitomo Metal Mining
They said some battery operators are already supplying back-up power to grids at a price competitive with gas power plants, meaning gas will be used less. British independent Carlton Power dropped plans for an 800 million pound ($997 million) gas power plant in Manchester, northern England, in 2016. MODELS UNDER SCRUTINYDevelopers can no longer use financial modelling that assumes gas power plants are used constantly throughout their 20-year-plus lifetime, analysts said. Many countries world-wide, but especially in Europe, provide payments for standby power plants through capacity markets. In Europe, 40 million electric vehicles are expected by 2030, capable of displacing around one third of the region's gas power capacity, according to Kaluza.
Persons: Andrew Boyers, Carlton Power, Keith Clarke, Clarke, Carlton, Nigel Scott, Banks, Simon Virley, Helen Sanders, Sanders, Carlton's Clarke, Sarah McFarlane, Susanna Twidale, Simon Webb, Barbara Lewis Organizations: REUTERS, U.S, Global Energy Monitor, Power Ventures, Carlton, Carlton Power, Reuters, Sumitomo Mitsui Banking Corporation, Investors, Electricity, KPMG, Union, Octopus Energy, Thomson Locations: Finedon, Britain, Europe, United States, New Jersey, Manchester, England, London
November 21 - Nolan Hickman scored 19 points and two of his teammates recorded a double-double Tuesday as No. 11 Gonzaga defeated Syracuse 76-57 in a consolation semifinal at the Maui Invitational in Honolulu. Graham Ike (16 points, 14 rebounds, four steals), Anton Watson (12 points, 13 rebounds) and Ryan Nembhard (11 points, seven assists) also were key contributors for Gonzaga. Syracuse trailed by 14 at halftime and still faced a 10-point deficit with less than 11 minutes remaining. Syracuse responded with seven straight points -- a 3-pointer by Bell and consecutive buckets by Mintz -- to get within 27-19.
Persons: Nolan Hickman, Monday's, Graham Ike, Anton Watson, Ryan Nembhard, Judah Mintz, JJ Starling, Chris Bell, Justin Taylor, Mintz, Maliq Brown, Hickman, Ben Gregg, Nembhard, Gonzaga, Ike, Watson, Dusty Stromer, Braden Huff's, Bell Organizations: Gonzaga, Syracuse, Maui Invitational, Purdue, Bulldogs, Orange, Thomson Locations: Honolulu, Orange, Syracuse
A Ukrainian grandma described joining the Ukrainian military. The 54-year-old grandma of six said she was too old for infantry service, so became a drone pilot. AdvertisementA Ukrainian grandmother said she joined the Ukrainian military as a drone pilot as a way to fight, despite being unable to join the infantry. A female Ukrainian soldier learning to use a drone control during training at a drone school on October 26, 2023 in Zaporizhzhia Oblast, Ukraine. Ukrainian women have contributed to the war effort in and out of the battlefield.
Persons: , Natalia, Anton Gerashchenko, Yevheniia Kravchuk Organizations: Ukrainian, Service, Getty, US Department of State, BBC, Daily Locations: Ukraine, Ukrainian, Zaporizhzhia Oblast, Dnipro
A UN Security Council resolution passed in the days after the 2015 Iran nuclear deal has expired. That could lead Russia to seek ballistic missiles from Iran as it steps up its attacks on Ukraine. UN Security Council Resolution 2231 was passed in July 2015, days after the US and Iran agreed on the Iran nuclear deal. Russia continues to produce its own missiles and drones, but its constant attacks on Ukraine have strained its supplies. Iran's Zolfaghar Basir, top, and Dezful short- and medium-range ballistic missiles in Tehran in January 2022.
Persons: , Morteza, Iran's Zolfaghar, Anton Mardasov, Mardasov, Rosoboronexport, Farzin, Moscow hasn't, Nadimi, Paul Iddon Organizations: UN Security, Service, UN, EU, Missile Technology Control, Iran's, Washington, UN Security Council, Moscow, Iranian, Business, Mardasov, Iranian Army, Anadolu Agency, Getty Images, Washington Institute for Near East Locations: Iran, Russia, Ukraine, Moscow, France, Germany, China, Tehran, Shahed, Russian, East, Syria, Israel, Arab, Iranian, Getty Images Russia
CNN —There are lots of electric scooters available today in a huge range of styles and prices. Honda’s original micro-bikeThe real inspiration was the Honda Motocompo, a tiny motorcycle Honda offered for a few years in the early 1980s. Peter Valdes-Dapena trying Honda's new electric scooter, the Honda Motocompacto. Its memory inspired someone in Honda’s California design studio –- someone Honda won’t name because he’s left the company –- to sketch out a modern version. Also giving you confidence will be the seriously sturdy latches locking the seat, handle bars and wheels in place before you start riding.
Persons: Honda, Peter Valdes, he’s Organizations: CNN, Honda Locations: United States, Honda’s California, footpegs
NHL roundup: Down by three goals, Avs score 6 to top Stars
  + stars: | 2023-11-19 | by ( ) www.reuters.com   time to read: +9 min
Tyler Seguin scored twice and Joe Pavelski had a goal as Dallas built a 3-0 lead, only to see Colorado six unanswered goals. Predators 4, Blackhawks 2Cole Smith scored two goals to help Nashville end a four-game losing streak with a win against visiting Chicago. The Oilers' Derek Ryan scored his first two goals this season, and James Hamblin and Evan Bouchard (200th NHL game) hit the net. Columbus' Johnny Gaudreau celebrated playing in his 700th career game by scoring a goal early in the second period. Kris Letang picked up his 700th career point by assisting on Crosby's second goal.
Persons: Mikko Rantanen, Jerome Miron, Andrew Cogliano, Valeri Nichushkin, Ross Colton, Ryan Johansen, Miles Wood, Cale Makar, Alexandar Georgiev, Tyler Seguin, Joe Pavelski, Mason Marchment, Jake Oettinger, Nichushkin, Cogliano, Josh Norris, Erik Brannstrom, Anton Forsberg, Marco Rossi, Filip Gustavsson, Cole Smith, Yakov Trenin, Gustav Nyquist, Kevin Lankinen, Philipp Kurashev, Tyler Johnson, Arvid Soderblom, Jimmy Vesey, Igor Shesterkin, Vesey, Vitek Vanecek, Artemi Panarin, Blake Wheeler, Jack Hughes, Ondrej Palat, Erik Haula, Sean Couturier, Couturier, Logan Thompson, Owen Tippett, Tyson Foerster, Sean Walker, Travis Sanheim, Carter Hart, Philadelphia Jonathan Marchessault, Shea Theodore, William Karlsson, Thompson, Luke Glendening, Steven Stamkos, Glendening, Cole Koepke, Derek Ryan, James Hamblin, Evan Bouchard, Ryan Nugent, Hopkins, Trent Frederic, David Pastrnak, Juraj Slafkovsky, Johnathan Kovacevic, Jake Allen, Oliver Wahlstrom, Brock Nelson, Hudson Fasching, Kyle Palmieri, Mathew Barzal, Ilya Sorokin, Martin Pospisil, Blake Coleman, MacKenzie Weegar, Yegor Sharangovich, Jacob Markstrom, Connor Zary, Nazem Kadri, Hendrix Lapierre, Washington's Sonny Milano, Alex Ovechkin, Charlie Lindgren, Columbus, Johnny Gaudreau, Ivan Provorov, Justin Danforth, Elvis Merzlikins, Jordan Eberle, Matty Beniers, Jamie Oleksiak, Yanni Gourde, Philipp Grubauer, J.T . Miller, Quinn Hughes, Nils Hoglander, Tyler Myers, Thatcher Demko, Seth Jarvis, Jarvis, Jaccob Slavin, Brent Burns, Sebastian Aho, Antti Raanta, Sidney Crosby, Kris Letang, Tristan Jarry, Adrian Kempe, Louis, Quinton Byfield, Blake Lizotte, Pierre, Luc Dubois, Kevin Fiala, Jake Neighbours, Jordan Binnington, Mark Scheifele, Kyle Connor, Scheifele, Connor, Josh Morrissey, Vladislav Namestnikov, Mason Appleton, Laurent Brossoit, Matias Maccelli, Matt Dumba, Karel Vejmelka Organizations: Dallas Stars, Colorado Avalanche, American Airlines Center, Avalanche, Dallas, Senators, Ottawa, NHL, Blackhawks, Nashville, Chicago, Predators, Central Division, Rangers, Devils, Flyers, Golden Knights, Philadelphia, Vegas, Oilers, Tampa Bay, Edmonton, Bruins, Canadiens, Trent, Boston, Montreal, Islanders, Flames, New York, Calgary, Capitals, Blue Jackets, Canucks, Seattle, Vancouver, Hurricanes, Penguins, Pittsburgh, Blues, Angeles, St, Los, Pacific Division, Jets, Coyotes, Winnipeg, Arizona, The Coyotes, Thomson Locations: Dallas , Texas, USA, Colorado, Rantanen, Minnesota, Stockholm, Sweden, New York, New Jersey, Newark , N.J, Vegas, Montreal, New, Washington, Columbus, Carolina, Pittsburgh, Raleigh, N.C, Los Angeles
Sandu warned before the election that pro-Russian forces in the country, particularly fugitive business magnate Ilan Shor, had funnelled money into Moldova to "buy" voters. Shor's allies were barred from running two days before the first round and he complained from exile in Israel that the ruling had cost him electoral success. An independent won in Comrat, a town in the south where one of Shor's allies had won a regional vote earlier this year. Ion Ceban, running under a party he founded, was re-elected mayor of the capital Chisinau in the first round, though the president's supporters suggest he may hold pro-Russian sympathies. Reporting by Alexander Tanas; Editing by Ron Popeski and Will DunhamOur Standards: The Thomson Reuters Trust Principles.
Persons: Maia Sandu, ZAK BENNETT, Maia Sandu's, Sandu, Ilan Shor, Shor's, Ion Ceban, Igor Grosu, Shor, Arina Korsicova, Alexander Tanas, Ron Popeski, Will Dunham Organizations: USAID, Democracy, Ford Foundation Center, Social Justice, 78th United Nations General, Rights, Sunday, European Union, Sandu's Party of Action, Solidarity, Socialist Party, PAS, Constitutional, The Organization, Security, Cooperation, Thomson Locations: New York City, U.S, Rights CHISINAU, Moldova, Russian, Ukraine, Romania, Israel, Moldova's, Balti, Russia, Comrat, Calaras, Chisinau, Europe
NHL roundup: Leafs rally past Wings in Sweden
  + stars: | 2023-11-18 | by ( ) www.reuters.com   time to read: +2 min
[1/3] Nov 17, 2023; Stockholm, SWE; Toronto Maple Leafs right wing William Nylander (88) takes a shot against the Detroit Red Wings during a Global Series NHL hockey game at Avicii Arena. Mandatory Credit: Per Haljestam-USA TODAY Sports Acquire Licensing RightsNovember 18 - John Tavares scored with 5:33 remaining to complete a Toronto comeback as the Maple Leafs downed the Detroit Red Wings 3-2 in the NHL Global Series Sweden on Friday in Stockholm. William Nylander, one of five Swedes on the Leafs' roster, had the tying goal and assisted on two others as Toronto erased a 2-0, third-period deficit. Alex Lyon, in his first start of the season, stopped 26 shots for the Red Wings, who got goals from Daniel Sprong (on a penalty shot) and Lucas Raymond. Oliver Ekman-Larsson and Eetu Luostarinen each scored goals for the Panthers, who won for the sixth time in the past seven games and completed a 2-1-0 road trip through California.
Persons: William Nylander, John Tavares, Red Wing Tyler Bertuzzi, Tavares, Bertuzzi, Nylander, Ilya Samsonov, Alex Lyon, Daniel Sprong, Lucas Raymond, Connor Hellebuyck, Jimmy Howard, Cole Perfetti, Mason Appleton, Nikolaj Ehlers, Nino Niederreiter, Vladislav Namestnikov, Alex Tuch, JJ Peterka, Eric Comrie, Anthony Stolarz, Anton Lundell, Oliver Ekman, Larsson, Eetu Luostarinen, Frank Vatrano, John Gibson Organizations: Toronto Maple Leafs, Detroit Red Wings, NHL, Avicii, Maple Leafs, NHL Global, Sweden, Leafs, Red, Wings, Toronto, Red Wings, Jets, Sabres, Winnipeg, Buffalo, Panthers, Ducks, Anaheim, Thomson Locations: Stockholm, SWE, Toronto, Hellebuyck's, Florida, California
Ikeda died on Wednesday evening from natural causes at age 95, Soka Gakkai said in a statement on its website. Soka Gakkai, founded in 1930, says it has 12 million members in 192 countries and territories worldwide. He also founded Soka Gakkai's umbrella organisation, Soka Gakkai International, in 1975, where he served as honorary president from 1979 until his death. But those dropped off in recent years leading to some speculation about his health and role in Soka Gakkai International. In 1947 he met Josei Toda, then leader of the Soka Gakkai organisation, who was to become his mentor.
Persons: Daisaku Ikeda, Ikeda, Zhou Enlai, Mikhail Gorbachev, Arnold Toynbee, Polly Toynbee, Ichi, Josei Toda, Succeeding Toda, Kaneko, Hiromasa, Takahiro, Anton Bridge, David Dolan, William Mallard aand Kim Coghill Organizations: Soka Gakkai, Kyodo, Rights, Soviet, government's, Soka, Soka Gakkai International, SGI, Thomson Locations: Tokyo, Japan, British
Senior Russian officials have portrayed gay-rights activism as a symbol of the West’s moral corruption and depravity. Photo: ANTON VAGANOV/REUTERSRussia’s Ministry of Justice has filed a lawsuit with the nation’s Supreme Court to recognize the international LGBT movement as extremist and ban its activities inside the country, in the latest assault on a community that has increasingly become a target of hostility in Russia. The ministry said on Telegram on Friday that “various signs and manifestations of an extremist orientation have been identified” in the activities of the LGBT movement in Russia, “including the incitement of social and religious discord.” It didn’t provide any proof or explanation of the allegations. Ministry officials didn’t immediately respond to a request for further clarification.
Persons: ANTON VAGANOV, didn’t Organizations: REUTERS Russia’s Ministry of Justice, LGBT Locations: Russia
UN shares its world’s ‘best tourism villages’
  + stars: | 2023-11-17 | by ( Lilit Marcus | ) edition.cnn.com   time to read: +5 min
For travelers who want to visit a smaller, more authentic local destination, the United Nations World Tourism Organization (UNWTO) has released this year’s list of the best tourism villages. For 2023, 55 villages were recognized by the international organization, which focuses on sustainable tourism, up from 32 last year. The list includes small towns and villages from places as diverse as Mexico, China, Ethiopia, and Italy. There’s no ranking of the villages, and they are all listed in alphabetical order in English. Highlights in EuropeEurope’s selections to the UNWTO list represent a mix of cultural and environmental differences.
Persons: Dhordo, Les Falles, Sant, Al Sela, Jordan • Barrancas, Spain •, Peru •, Egypt •, India •, Korea •, Portugal •, Colombia •, Japan •, Italy • Manteigas, Ecuador •, Pisco, Austria •, Uzbekistan •, • Siwa, Portugal • Anton, Arlberg, Tân, Viet Nam, Hungary •, Moldova • Vila, China • Organizations: CNN, United Nations World Tourism Organization, Asia Dongbaek, UNWTO, UNESCO, Reserve, Spain • Ordino, Andorra • Oyacachi, Schladming, Moldova • Locations: Tokyo, London, Mexico, China, Ethiopia, Italy, Asia, South, Jeju, Shirakawa, Japan, Gifu prefecture, Nagoya, Zhejiang, Dhordo, Rann, Kutch, India, Europe, Spain, Sigüenza, Madrid, Slunj, Croatia, Andorra, Ordino, Sant Pere, Peru, Machu Picchu, Lima, Peruvian, Chacas, Chile, La Carolina, Argentina, Biei, Tortel, Cantavieja, Spain • Chacas, Huantar, Peru • Dahshour, Egypt, Egypt • Dhordo, Republic, Korea, Korea • Douma, Lebanon, Ericeira, Portugal, Portugal • Filandia, Colombia, Huangling, Cánovas, Kandovan, Iran, Lerici, Switzerland, Mosan, Juárez, Oñati, Ecuador, Ecuador • Paucartambo, Peru • Penglipuran, Indonesia, Pisco Elqui, Pozuzo, Saint, Saty, Kazakhstan, Austria, Austria • Sehwa, Korea • Sentob, Uzbekistan, Uzbekistan • Shirakawa, Egypt • Slunj, Sortelha, Viet, Peru • Tokaj, Hungary, Hungary • Văleni, Moldova, Madalena, Portugal • Xiajiang, China • Zapatoca, Colombia • Zhagana
[1/3] Workers build a heavily fortified underground school that will allow children to safely return to in-person studies, amid Russia's attack on Ukraine, in Kharkiv region, Ukraine November 15, 2023. Schools in the region of around 2.5 million people, which borders Russia, were forced into online learning after the Kremlin's February 2022 invasion. More are planned by the end of next year, Korotovskykh said, adding that 817 educational facilities across the Kharkiv region had been damaged or ruined during Russia's invasion. Ukrainians are now bracing for another winter of likely Russian air strikes targeting critical infrastructure, which last year caused widespread blackouts across the country. Reporting by Vitalii Hnidyi; Writing by Dan Peleschuk Editing by Gareth Jones and Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.
Persons: Vyacheslav Madiyevskyy, Anton Korotovskykh, Korotovskykh, Serhiy Petrulyanis, Vitalii Hnidyi, Dan Peleschuk, Gareth Jones, Andrew Heavens Organizations: Workers, REUTERS, Rights, Schools, Russian, Reuters, Thomson Locations: Ukraine, Kharkiv region, Rights KHARKIV, Ukraine's Kharkiv, Russia, Kharkiv
TOKYO, Nov 17 (Reuters) - Warren Buffett's vote of confidence in Japanese trading houses is helping Mitsubishi Corp (8058.T) overcome long-held investor wariness about its complex global business that covers everything from sausages to natural gas, a top executive said. "Until fairly recently, being an industrial conglomerate had negative connotations," Kobayashi said in an interview. Appointed as the trading house's first chief stakeholder engagement officer in April, Kobayashi is now focused on wooing investors who focus on growth, not just value. Berkshire first announced roughly 5% stakes in August 2020, with Buffett saying the trading houses "have many joint ventures throughout the world and are likely to have more". read moreStill, Mitsubishi is trading at a price-to-book ratio of just a little over 1, or at almost no premium to the value of its assets.
Persons: Warren Buffett's, wariness, Berkshire Hathaway, Kenji Kobayashi, Kobayashi, Itochu, outperforming, Buffett, Benjamin Graham, that's, Anton Bridge, Miho Uranaka, David Dolan, Miral Organizations: Mitsubishi Corp, Berkshire, Reuters, Mitsubishi, Mitsui, Sumitomo, Tokyo Stock Exchange, Nikkei, Columbia University, Thomson Locations: TOKYO, Berkshire, Japan
The logo of Sumitomo Metal Mining Co is pictured at the company's headquarters in Tokyo, Japan, September 13, 2018. REUTERS/Ritsuko Shimizu/File Photo Acquire Licensing RightsTOKYO, Nov 16 (Reuters) - Japan's Sumitomo Metal Mining (5713.T) is considering producing cathode battery materials in the United States among other options as it looks to expand output to meet demand from electric vehicles, an executive said on Thursday. Sumitomo Metal plans to bolster its annual output capacity to 120,000 tons by March 2028 and 180,000 tons by March 2031. The consortium consists of Sumitomo Metal, Mitsubishi (8058.T) and Mitsui (8031.T). Sumitomo Metal is targeting to boost annual nickel output capacity to 150,000 tons in a long-term from 82,000 tons now.
Persons: Ritsuko Shimizu, Katsuya Tanaka, ARL.AX, Masaru Takebayashi, Yuka Obayashi, David Evans Organizations: Sumitomo Metal Mining, REUTERS, Rights, Sumitomo Metal, Panasonic, U.S, Kalgoorlie Nickel, Mitsubishi, Mitsui, Thomson Locations: Tokyo, Japan, United States, Niihama, Pomalaa, Kalgoorlie, Western Australia
REUTERS/Johanna Geron/File Photo Acquire Licensing RightsNov 16 (Reuters) - Redwood Materials has signed a long-term contract to supply Toyota Motor (7203.T) with recycled materials for the Japanese automaker's $13.9 billion North Carolina electric vehicle battery plant, Redwood said Thursday. The Nevada-based materials specialist said it would remanufacture EV battery components from materials supplied by Toyota and recycled from end-of-life vehicles, mainly hybrid-electric models such as the Prius. Redwood, one of the world's leading battery recyclers, did not disclose details on value or timing of the agreement. Straubel said the company will supply battery components to Toyota from its Sparks, Nevada facility and eventually from a $3.5 billion facility it is building outside Charleston, South Carolina. Redwood also is selling remanufactured battery components to Panasonic, which jointly operates an EV battery plant with Tesla in Nevada.
Persons: Johanna Geron, Redwood, J.B, Tesla, Straubel, they'll, PitchBook, Paul Lienert, David Gregorio Our Organizations: Toyota, REUTERS, Redwood Materials, Carolina, Redwood, of Energy, U.S, Panasonic, Volkswagen, Ford, EV, Thomson Locations: Zaventem, Belgium, Nevada, U.S, Sparks , Nevada, Charleston , South Carolina, Redwood, North America, China, Detroit
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them. Some officials, industry experts and others concerned about climate change uneasy supply of battery materials will not keep pace with demand. The Bipartisan Infrastructure Law assigned $6 billion in total funding for battery material processing and manufacturing. An initial round went to 15 projects including companies that mine critical minerals like graphite and nickel, used in lithium batteries. Tom Moerenhout, a professor at Columbia University's Center on Global Energy Policy, said it will be a big challenge to ramp up the global supply of critical minerals for the projected battery demand in 2030.
Persons: Harris, Jodie Lutkenhaus, “ I’m, , ” Lutkenhaus, Matthew McDowell, Tom Moerenhout, , Moerenhout Organizations: Energy Department, DOE, Biden, Texas, M University, Infrastructure Law, Georgia Institute of Technology, Columbia University's Center, Global Energy, Companies, ____, AP Locations: Asia, Albemarle, Kings Mountain , North Carolina, U.S
New York City officials say retailers and food delivery apps must act on unsafe e-bike batteries. There have been hundreds of fires linked to lithium ion batteries in e-bikes and scooters in the city. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "It's extensively damaged," Kavanagh said, adding that the battery that sparked the fire was for a "scooter of some kind." The city has seen hundreds of fires linked to the lithium ion batteries that power electric bikes and scooters in recent years.
Persons: , Laura Kavanagh, Albertha West, Michael West, Jamiyl West, Kavanagh, haven't, Meera Joshi, They're, Joshi, Josh Gold, Uber, Patrick Burke Organizations: Service, , Fire, Amazon, Walmart, City Hall, UL, Local Locations: York City, — New York City, Brooklyn, New York City
LONDON (AP) — Russia's State Duma took a step forward Wednesday towards approving its biggest-ever federal budget which will increase spending by around 25% in 2024, with record amounts going on defense. Part of the Russian budget is secret as the Kremlin tries to conceal its military plans and sidestep scrutiny of its war in Ukraine. Analysts suggest Russia is in third place globally for defense spending behind China and the United States, which spends around $850 billion a year. The main driver of that growth is Russia's war in Ukraine, which is now as important to the Kremlin economically as it is politically. If there is a reduction in military spending, or a need to reduce spending which impacts living standards, it could send shockwaves through the Russian economy and significantly impact ordinary people.
Persons: Vladimir Putin, , Richard Connolly, Farida Rustamova, Maksim Tovkaylo, Alexandra Prokopenko, Anton Siluanov, , Connolly, they’ve, ” Prokopenko, Prokopenko, — — David McHugh Organizations: , Duma, Kremlin, Royal United Services Institute, Independent, Carnegie Russia Eurasia Center, Russian Central Bank, Finance, Defense, Central Bank Locations: — Russia's, Russia, Ukraine, London, China, United States, Russian, West, India, Berlin, Frankfurt
Tuesday started with Nvidia getting more praise from one analyst, and a battery stock downgrade. She has a price target of $40 on shares, which suggests 20.3% upside potential from where shares closed on Monday. The firm initiated the stock with a buy rating and $125 price target, which suggests 7% upside from Monday's close. "3Q brings a narrative change in FREY's outlook with new risks to tech, strategy and funding that's been appropriately discounted by the stock market. He also slashed his price target to $2 from $13, which suggests 14.3% upside from Monday's close.
Persons: Tuesday, Morgan Stanley, Freyr, Paul Matteis, Matteis, Vistagen, — Hakyung Kim, BeautyHealth, Allen Gong, Gong, Benjamin Soff, Soff, Bernstein, Kraft Heinz, Alexia Howard, Howard, Miguel Patricio, Roth, Suji Desilva, Desilva, Morgan Stanley downgrades Freyr Battery Morgan Stanley isn't, that's, FREY, Adam Jonas, Jonas, Vivek Arya, — Fred Imbert Organizations: CNBC, Nvidia, Bank of America, Therapeutics Biotechnology, Vistagen Therapeutics, JPMorgan, Deutsche Bank, Rockstar, Kraft, Kraft Heinz, AMD, Investment, Freyr's, Nvidia Bank of America Locations: U.S, Monday's, Freyr's Norwegian
NEW YORK (AP) — New York City officials say retailers and food delivery companies must do more to halt the proliferation of unsafe e-bike and e-scooter batteries, after a fire blamed on an electric scooter's lithium ion battery killed three people over the weekend. Fire officials said the fire broke out on the ground floor of the building. City officials have blamed off-market batteries and chargers that don't meet safety standards for many of the fires, and they have lobbied the federal government to strengthen regulations governing the sale of e-bikes and batteries. City officials haven't said whether the battery that caused Sunday's fire came from a vehicle used to make deliveries for one of the food service apps, and they didn't immediately respond to a Tuesday email seeking further information. Tens of thousands of the city's food delivery workers rely on e-bikes to get dinner to customers quickly, and Deputy Mayor for Operations Meera Joshi singled out the delivery industry during remarks at a City Hall news conference Tuesday, noting that time is money for delivery workers.
Persons: Laura Kavanagh, Albertha West, Michael West, Jamiyl West, “ It’s, ” Kavanagh, Kavanagh, , haven't, Meera Joshi, “ They're, ” Joshi, Josh Gold, Uber, Patrick Burke, “ We’ve Organizations: , Fire, Amazon, Walmart, City Hall, UL, , U.S, Congress Locations: — New York City, Brooklyn, New York City
Car miniature, "Electric vechicles (EVs)" words, U.S. and Chinese flags are seen in this illustration taken, September 26, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsWASHINGTON, Nov 13 (Reuters) - Democratic Senator Joe Manchin urged the U.S. Treasury on Monday to adopt the "strictest possible standards" to prevent Chinese-produced minerals or Chinese battery companies from winning electric vehicle tax credits. In 2022, Congress passed the Inflation Reduction Act barring $7,500 in future consumer EV tax credits if any battery components are manufactured or assembled by a "foreign entity of concern." The foreign entity of concern rules come into effect in 2024 for completed batteries and 2025 for critical minerals used to produce them. A key decision in the guidance is whether Ford Motor Co's (F.N) deal to license the technology of Chinese battery manufacturer CATL (300750.SZ) for use in Ford-owned U.S. battery plants will meet the Treasury's standards to access the tax credits.
Persons: Dado Ruvic, Joe Manchin, Manchin, Janet Yellen, Ford, David Shepardson, Chris Reese, Jonathan Oatis Organizations: REUTERS, Rights, Democratic, U.S . Treasury, Energy Committee, Treasury, Ford, Thomson Locations: China, Michigan
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