Exclusive: After pressure from Toyota chief, Japan emphasized support for hybrids

TOKYO, June 24 (Reuters) – Toyota Motor Corp’s (7203.T) chief lobbied the Japanese government to make clear it supported hybrid vehicles as much as battery electrics or face losing the auto industry’s support, a senior lawmaker told a ruling party meeting. The lobbying by Akio Toyoda, president of Toyota and chairman of the Japan Automobile … Read more

Biden administration leans on Tesla for guidance in renewable fuel policy reform

June 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden … Read more

US tech companies yank job offers, leaving college grads scrambling

June 22 (Reuters) – One by one, over the last week of May, Twitter Inc (TWTR.N) rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients. “It was traumatic,” Iris Guo, an incoming associate … Read more

A Somali boy’s mission to find food as climate change takes its toll

Somalia at nexus of ‘three Cs’ – conflict, costs, climate change Climate change means extreme weather patterns more common Children in Dollow town malnourished, scramble for food Million forced from homes and land by drought Drought envoy urges international community to do more DOLLOW, Somalia, June 20 (Reuters) – Each morning in this Somali border … Read more

Exclusive: Pioneering Russian journalist sells Nobel Peace medal for Ukraine

Veteran journalist laments Russia’s loss of independent media Muratov says he wanted to give up something valuable for Ukraine Editor says public support for military campaign is dwindling But Putin “will remain for as long as he sees fit” June 17 (Reuters) – Russian journalist and Nobel Peace laureate Dmitry Muratov is auctioning his Nobel … Read more

How free-wheeling Texas became the self-driving trucking industry’s promised land

FORT WORTH, Texas, June 17 (Reuters) – For companies working to make self-driving trucks a near-term reality, all roads lead to Texas. Vast highways, a booming freight market and, crucially, the least restrictive laws governing autonomous vehicles (AVs) in the United States have turned Texas into the industry’s most desired location. Several companies, including Aurora … Read more

EXCLUSIVE China’s central bank accepts Ant’s application for financial holding company – sources

A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com Register PBOC taking application signals license may come soon – sources Financial holding license to pave way for … Read more

The Baltic states want more NATO. They will not get all they seek

Baltic states want NATO to boost presence by up to 10 times June summit set to offer pre-positioned equipment and rapid reinforcements in case of invasion Baltics say that option may stumble on infrastructure problems NATO, facing many calls for resources, will set plans for more air, sea defenses later TAPA MILITARY BASE, Estonia, June … Read more

Largest Palestinian displacement in decades looms after Israeli court ruling

Firing-range ruling winds up legal battle dating to 1980s Israel says West Bank area not permanently inhabited Palestinian farmers, shepherds claim historic ties to land Ruling condemned by United Nations, European Union MASAFER YATTA, West Bank, June 12 (Reuters) – Some 1,200 Palestinians in the occupied West Bank region of Masafer Yatta face the risk … Read more

EXCLUSIVE Beijing gives initial nod to revive Ant IPO after crackdown cools-sources

Ant aims to file preliminary prospectus as soon as July-sources Ant needs CSRC’s guidance on timing of prospectus filing-source Ant says there is no plan to relaunch its IPO statement Warburg Pincus valued Ant at $ 180 bln at end-March-source HONG KONG, June 9 (Reuters) – China’s central leadership has given billionaire Jack Ma’s Ant … Read more