TOKYO (Reuters) - A slowdown in the take-up of electric vehicles in the U.S. may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost its automotive battery capacity in North America, the Japanese group's chief executive said.
Panasonic, whose energy unit makes batteries for Tesla, is closely watching its Chinese supply chain and battery material procurement following China's move last year to tighten graphite export... (continue reading...)
(Reuters) - The United Nations is planning new routes to distribute aid from a U.S.-built pier in Gaza, a spokesperson said, after crowds of needy residents intercepted trucks, causing a halt to deliveries that continued for a third day on Tuesday.
The temporary, floating pier is meant to help ease the humanitarian crisis in Gaza, though aid workers say that only deliveries through land borders can ensure relief on the scale that is needed.
... (continue reading...)By Timothy Gardner
WASHINGTON (Reuters) - The Biden administration will sell nearly 1 million barrels of gasoline in the U.S. managed stockpile in northeastern states as required by law, the Department of Energy said on Tuesday, effectively closing the reserve.
The department created the Northeast Gasoline Supply Reserve in 2014 after Superstorm Sandy left motorists scrambling for fuel. But storing refined fuel is costlier than storing... (continue reading...)
NEW YORK (Reuters) - Companies are increasingly looking to lock in foreign exchange rates for longer, as they seek to protect profits from the potential fallout from currency gyrations that could follow elections expected around the globe this year.
The largest companies are the most risk averse, implementing the longest hedge windows - 7.5 months on average - according to research based on a quarterly survey of 250 senior finance decisionmakers at UK... (continue reading...)
WASHINGTON (Reuters) - GE
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