Blackrock defends Woke “ESG” Capitalism- WV AG Morrisey Hits Back

Chanel Rion — OAN Chief White House CorrespondentUPDATED 7:09 AM PT – Friday, September 9, 2022 Woke Capitalism is waging a quiet war against energy, and free speech – states are hitting back States Attorneys Generals have banded together to fight the ESG movement within the financial sector – also dubbed “woke capitalism” – and Wall Street is hitting back.  […]

King Charles III pays tribute to Queen Elizabeth II

LONDON – MAY 18: Queen Elizabeth II presents Prince Charles, Prince of Wales with the Royal Horticultural Society’s Victoria Medal of Honour during a visit to the Chelsea Flower Show on May 18, 2009 in London. (Photo by Sang Tan/WPA Pool/Getty Images) OAN NewsroomUPDATED 3:11 PM PT – Friday, September 9, 2022 King Charles III […]

Wall Street ends higher, gains driven by banks, healthcare

By Carolina Mandl (Reuters) – Wall Street’s main indexes posted gains on Thursday mainly lifted by financial institutions and healthcare companies, as investors digested hawkish remarks from policymakers that cemented bets of a large interest rate hike later this month. Indexes bounced back and forth in a choppy trading as concerns over Federal Reserve’s next […]

BOJ’s Kuroda weighs in to warn against ‘rapid’ yen moves

By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda said rapid yen moves were undesirable after a meeting with Prime Minister Fumio Kishida on Friday, joining a chorus of policymakers lobbing verbal warnings over the currency’s recent sharp drop to 24-year lows. “Sharp currency moves are undesirable as they destabilise […]

Exclusive-China EV maker Leapmotor puts off $1.5 billion Hong Kong IPO -sources

By Scott Murdoch and Julie Zhu HONG KONG (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) in Hong Kong because of lukewarm investor interest, said two sources with direct knowledge of the matter. Bankers and advisers had hoped a deal of […]

Tesla considering lithium refinery in Texas, seeks tax relief

(Reuters) -Tesla Inc is considering setting up a lithium refinery on the gulf coast of Texas, as it looks to secure supply of the key component used in batteries amid surging demand for electric vehicles. The potential battery-grade lithium hydroxide refining facility, which Tesla touted as the first of its kind in North America, will […]

BMW bets on cylindrical battery cells for new class of EVs from 2025

BERLIN (Reuters) -BMW will power its new class of electric vehicles to be released in 2025 with cylindrical battery cells made in six factories by partners including China’s CATL and EVE Energy as the carmaker looks to speed up charging and extend driving range. The German carmaker has already placed multibillion-euro orders with CATL and […]

Coinbase backs lawsuit against U.S. Treasury over Tornado Cash sanctions

By Rami Ayyub and Hannah Lang (Reuters) -Crypto exchange Coinbase on Thursday said it was funding a lawsuit against the U.S. Treasury Department to block sanctions barring Americans from Tornado Cash, a virtual currency mixer accused of helping hackers launder proceeds for cybercrimes. In a lawsuit filed Thursday in a U.S. district court in Texas, […]

Sporting events cancelled, tributes paid after Queen Elizabeth dies

(Reuters) -The world of sport reacted to the death of Queen Elizabeth on Thursday with a raft of cancellations across cricket, golf, rugby and cycling, while others paid tribute by holding a minute’s silence. The queen, Britain’s longest-reigning monarch, died peacefully at her home in Scotland aged 96. The second day of the third and […]

Oil supported by supply threats yet still set for weekly drop on demand fears

By Alex Lawler LONDON (Reuters) -Oil rose on Friday supported by real and threatened cuts to supply, although crude was set for a second weekly decline as aggressive interest rate hikes and China’s COVID-19 curbs weighed on the demand outlook. Russian President Vladimir Putin has threatened to halt oil and gas exports to Europe if […]