EMRG

China rejects NASA accusations that it will take over the moon

China rejects NASA accusations that it will take over the moon

NASA Administrator Bill Nelson speaks before the launch of an Atlas V rocket carrying Boeing’s CST-100 Starliner capsule to the International Space Station during a test flight at the Kennedy Space Center in Cape Canaveral, Florida, U.S., July 29, 2021. REUTERS/Joe Skipper/File Photo Register now for FREE unlimited access to Reuters.com Register BEIJING, July 4 …

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Chinese real estate developer Shimao defaults on $1 billion bond

Chinese real estate developer Shimao defaults on $1 billion bond

HONG KONG, July 3 (Reuters) – Chinese property developer Shimao Group ( 0813.HK ) missed interest and principal payments on a $1 billion offshore bond due on Sunday, in the latest blow to China’s property market. The default was the first missed public offshore payment for the Shanghai developer. With $6.1 billion in international bonds …

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Russia takes control of the Sakhalin gas project, raises stakes with the West

Russia takes control of the Sakhalin gas project, raises stakes with the West

On Thursday, Putin signed a decree on the provision of all rights The five-page decree followed the tightening of Western sanctions The move increases the risk for Western firms still in Russia Shell was already in negotiations to sell its stake in Sakhalin TOKYO/LONDON, July 1 (Reuters) – President Vladimir Putin raised the stakes in …

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Gazprom shares sank after the abolition of dividends for the first time since 1998

Gazprom shares sank after the abolition of dividends for the first time since 1998

The logo of the Russian energy company Gazprom can be seen at the station in Sofia, Bulgaria, April 27, 2022. REUTERS / Spasiiana Sergieva Register now for FREE unlimited access to Reuters.com Register This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, June 30 (Reuters) – …

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A Chinese spacecraft received images of the entire planet Mars

A Chinese spacecraft received images of the entire planet Mars

BEIJING, June 29 (Reuters) – China’s unmanned spacecraft has received imagery covering the entire Mars, including visuals of its south pole, after orbiting the planet more than 1,300 times since the beginning of last year, state media reported on Wednesday. . Chinese Tianven-1 successfully reached the Red Planet in February 2021 on the inauguration mission …

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Global stocks are falling as consumer data raises concerns about the recession

Global stocks are falling as consumer data raises concerns about the recession

LONDON, June 29 (Reuters) – World stock markets slipped for the second day in a row on Wednesday, and bond yields fell amid growing fears that policymakers looking to cut inflation would plunge their economies into recession. A series of weak data releases in Europe and the United States did not prevent central bankers from …

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Stocks, oil are rising as China eases quarantine rules

Stocks, oil are rising as China eases quarantine rules

LONDON, June 28 (Reuters) – Global stocks rose on Tuesday as oil prices rose after China’s decision to ease some quarantine conditions for international arrivals, sparking hope for stronger growth and a revival in demand for goods. China has halved the quarantine time for incoming passengers by greatly easing one of the world’s strictest restrictions, …

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Credit Suisse found guilty in case of money laundering from cocaine

Credit Suisse is the first large Swiss bank to face a criminal trial Former banker found guilty of qualified money laundering The bank plans to file an appeal BELINZONA, Switzerland, June 27 (Reuters) – The Swiss Federal Criminal Court on Monday convicted Credit Suisse (CSGN.S) of failing to prevent money laundering by a Bulgarian cocaine …

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China's industrial profits are falling again in May, despite the easing of COVID restrictions

China’s industrial profits are falling again in May, despite the easing of COVID restrictions

BEIJING, June 27 (Reuters) – Chinese industrial companies’ profits fell at a slower pace in May after falling sharply in April as activities in major manufacturing centers continued, but COVID-19 restrictions continued to strain factory production and reduce factory margins. Profits fell 6.5 percent from a year earlier, down from 8.5 percent in April, according …

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