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December 7, 2025
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July 2022

No Guarantees Swiss Will Always Have Enough Gas, Minister Says
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  • Reuters

No Guarantees Swiss Will Always Have Enough Gas, Minister Says

The Cheap Investor3 years ago02 mins

ZURICH (Reuters) – Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot guarantee there will always be enough gas to go around. Landlocked Switzerland gets its gas via trading hubs in neighbouring countries in the European Union,…

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Ruling could dampen government efforts to rein in Big Tech

The Cheap Investor3 years ago3 years ago05 mins

The Supreme Court’s latest climate change ruling could dampen efforts by federal agencies to rein in the tech industry, which went largely unregulated for decades as the government tried to catch up to changes wrought by the internet. In the 6-3 decision that was narrowly tailored to the Environmental Protection Agency, the court ruled Thursday…

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German Road Traffic Agency Says 59,000 Tesla Vehicles Have Software Glitch
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German Road Traffic Agency Says 59,000 Tesla Vehicles Have Software Glitch

The Cheap Investor3 years ago02 mins

FRANKFURT (Reuters) – Germany’s road traffic agency said it was recalling Tesla models Y and 3 because of a fault in the automatic emergency call system that affects 59,000 vehicles globally. The KBA watchdog said on its website dated June 29 that a software flaw was causing a breakdown of the eCall, which is designed…

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Ryanair Cabin Crew In Spain Announce 12 More Days Of Strikes
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Ryanair Cabin Crew In Spain Announce 12 More Days Of Strikes

The Cheap Investor3 years ago03 mins

MADRID (Reuters) – Spain-based cabin crew at Ryanair plan to strike for 12 days this month to demand better working conditions, the USO and SICTPLA unions said on Saturday, raising the prospect of travel chaos as the summer tourist season gets under way. The announcement came on the final day of the crews’ current strike,…

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Russians press assault on eastern Ukrainian city

The Cheap Investor3 years ago3 years ago06 mins

KYIV, Ukraine (AP) — Russian forces pounded the city of Lysychansk and its surroundings in an all-out attempt to seize the last stronghold of resistance in eastern Ukraine’s Luhansk province, the governor said Saturday. A presidential adviser said its fate would be decided within the next two days. Ukrainian fighters have spent weeks trying to…

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Musk meets pope, uses Twitter to announce the audience

The Cheap Investor3 years ago3 years ago01 mins

ROME (AP) — Tesla CEO Elon Musk, whose $44 billion bid to buy Twitter remains in limbo, used the social media platform to announce he had met with Pope Francis. “Honored to meet @Pontifex yesterday,” Musk tweeted of the Friday afternoon audience, alongside a photo showing Musk, Francis and four of Musk’s teenage children. The…

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Tesla's Deliveries Fall, Hurt By China's COVID-related Shutdown
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Tesla’s Deliveries Fall, Hurt By China’s COVID-related Shutdown

The Cheap Investor3 years ago03 mins

By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc delivered 17.9% fewer electric vehicles in the second quarter from the previous quarter, as China’s COVID 19-related shutdown disrupted its production and supply chain. The world’s biggest electric car maker said on Saturday that it delivered 254,695 vehicles in the April to June period, compared…

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Tesla Quarterly Deliveries Fall On China's COVID Shutdown
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Tesla Quarterly Deliveries Fall On China’s COVID Shutdown

The Cheap Investor3 years ago01 mins

(Reuters) – Tesla Inc said on Saturday its vehicle deliveries fell to 254,695 in the second quarter, as a COVID-related shutdown in Shanghai hit its production and supply chain. In the preceding quarter, the U.S. electric car maker delivered 310,048 vehicles globally. Analysts had expected Tesla to report deliveries of 295,078 vehicles for the April…

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Mexico's Environment Ministry Denies Permit For Audi Solar Plant
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Mexico’s Environment Ministry Denies Permit For Audi Solar Plant

The Cheap Investor3 years ago02 mins

MEXICO CITY (Reuters) -Mexico’s environment ministry said on Friday it rejected a key environmental permit for a solar power plant that German automaker Audi has proposed to build at its factory in the central Mexican state of Puebla. Audi’s proposed environmental impact statement for the photovoltaic power plant, sent to officials in late May, was…

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Rosbank Shrugs Off Impact Of Clearstream Block On Correspondent Account
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Rosbank Shrugs Off Impact Of Clearstream Block On Correspondent Account

The Cheap Investor3 years ago02 mins

MOSCOW (Reuters) – Russian lender Rosbank believes a decision by European clearing house Clearstream to block its correspondent account will not have a significant negative impact on its operations, it said in a statement to a Russian media outlet on Saturday. Clearstream said on Friday UK sanctions on June 29 on Rosbank’s majority owner Vladimir…

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