International – Atlas Today

Written by:RituPosted on:January 21, 2023

Elon Musk, Tesla (NASDAQ:TSLA) Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private. Musk’s testimony began with questions about his use of Twitter, the social media platform he bought in October. He called it the most democratic way to communicate but said his tweets did…

Written by:RituPosted on:January 2, 2023

South Korea’s factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the global economic downturn and a local truckers’ strike led to the worst slump in demand in 2-1/2 years. The S&P Global (NYSE:SPGI) purchasing managers’ index (PMI) for South Korea manufacturers fell to a seasonally-adjusted 48.2 last month from 49.0 in November. It fell again after two months of slight improvements from a more than two-year…

Written by:RituPosted on:January 2, 2023

The Philippines’ main gateway remained on reduced operations on Monday after a New Year power outage that jolted its air traffic control, with authorities scrambling to resume full service after more than 300 flights were disrupted. The ageing Ninoy Aquino international airport was early on Monday handling a maximum 15 arrivals per hour compared to 20 during normal operations, said Cesar Chiong, general manager of the Manila International Airport Authority. The outage was the result…

Written by:RituPosted on:December 26, 2022

Toyota Motor (NYSE:TM) Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. domestic production slid 3.3% to 266,174 vehicles, while overseas output rose 3.8% to an all-time high of 566,930 for the month. Global sales and production in November exceeded last year’s levels due to solid demand, particularly in North America, and a recovery in parts supplies that had been impacted by COVID-19 slowdowns, Toyota said.…

Written by:RituPosted on:May 24, 2022

The crisis hit Sri Lanka and raised the price of gasoline by 24.3% and diesel by 38.4% on Tuesday, a record increase in fuel costs in the country’s greatest economic crisis due to a lack of foreign exchange reserves. With the second increase in fuel prices since April 19, the most commonly used Octane 92 petrol will now cost 420 rupees (USD 1.17) and diesel 400 rupees (USD 1.11) per litre, both at an all-time…

Written by:RituPosted on:May 23, 2022

On Sunday, Ukraine and Poland agreed to develop a common border customs control system and work on a shared railway firm to facilitate people’s movement and boost Ukraine’s export potential. During a meeting in Kyiv on Sunday, Ukrainian President Volodymyr Zelensky and Polish President Andrzej Duda praised the two countries’ growing cooperation, with Duda promising Warsaw’s support for the troubled neighbor. “The Polish-Ukrainian border should unite not divide,” Duda informed MPs as he became the…

Written by:RituPosted on:May 16, 2022

In the wake of growing confrontations across the island, Sri Lanka will be under a national curfew from 8 p.m. tonight until 5 p.m. tomorrow, according to the president’s media office. On Sunday, when India delivered its 12th supply of diesel to Sri Lanka, comprising over 400,000 tonnes of petroleum, new Prime Minister Ranil Wickremesinghe met with representatives from the World Bank and the Asian Development Bank to address the country’s economic problems. The island…

Written by:RituPosted on:May 13, 2022

In retaliation for Western sanctions over the Ukraine conflict, Russia has halted natural gas supplies to a Gazprom business seized by Germany. According to German Economy Minister Robert Habeck, Gazprom Germania GmbH and its subsidiaries are no longer receiving all contracted volumes. He claims that Europe’s greatest economy and a major importer of Russian gas is getting gas from alternative sources and will be able to cope with the inconvenience. Dealings with Gazprom Germania and…

Written by:RituPosted on:April 20, 2022

The Biden administration is launching a USD 6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened Tuesday for a civil nuclear credit program that is intended to bail out financially distressed owners or operators of nuclear power reactors, the U.S. Department of Energy told The Associated Press exclusively, shortly before…

Written by:RituPosted on:April 14, 2022

The Biden administration is considering sending a high-level official to Kyiv to meet Ukrainian President Volodymyr Zelenskyy. The report on Wednesday said that the US administration has made no final decision about who to send to Kyiv but it could be President Joe Biden, Vice President Kamala Harris, Secretary of State Antony Blinken, or Defense Secretary Lloyd Austin, Sputnik added Moreover, the US announced to provide Ukraine with an additional 800 million US dollars’ worth…