Reuters UK/EU

Analysis-Elon Musk and Tesla loom over Detroit’s auto labor talks

By Joseph White and Ben Klayman DETROIT (Reuters) – Detroit’s automakers and the United Auto Workers will not be alone as they begin bargaining this week over wages and working conditions that will govern the shift to electric vehicles over the next several years. Tesla CEO Elon Musk and the automaker’s increasingly profitable and efficient …

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Tesla investors balk at margin loss as Musk touts self-driving future

By Akash Sriram and Aditya Soni (Reuters) -Elon Musk’s bet to sacrifice margins now for improved margins later when full self-driving software is completely integrated into Tesla cars failed to impress investors, sending the electric-vehicle maker’s shares down nearly 10% on Thursday. Musk, who has waged a price war against EV rivals since last year, …

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UK tightens rules for bank account closures after blacklisting complaints

By William James and Iain Withers LONDON (Reuters) -Banks in Britain will be forced to explain and delay any decision to close an account under new rules announced by the finance ministry on Thursday. The government has been looking into concerns that banks are blacklisting certain customers over their political views, after individuals including leading …

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Three killed, Chinese consulate damaged in Russian attack on Ukraine’s port cities

By Viktoria Lakezina MYKOLAIV, Ukraine (Reuters) -At least three people were killed and a Chinese consular building was damaged on Thursday in a third successive night of air strikes on southern Ukrainian port cities, Ukrainian officials said. Regional governor Oleh Kiper posted a photograph showing at least one broken window at the Chinese consulate in …

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UK removes sanctions on businessman Tinkov after Branson plea

By Alexander Marrow (Reuters) -Britain removed sanctions on serial entrepreneur Oleg Tinkov on Thursday, days after an appeal by British billionaire Richard Branson and nine months after Tinkov, critical of Moscow’s invasion of Ukraine, renounced his Russian citizenship. Britain sanctioned Tinkov, the founder of digital bank Tinkoff, a month after Russia invaded Ukraine in February …

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EU imposes sanctions for human rights violations Ukraine, Russia and other countries

BRUSSELS (Reuters) – The European Union said on Thursday it was imposing restrictive measures against 18 individuals and 5 entities for human rights violations in Afghanistan, South Sudan, Central African Republic, Ukraine and Russia. The Taliban ministers of Education and Justice as well as the acting Taliban Chief Justice of the Afghanistan Supreme Court are …

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