Tesla removed from S&P 500 ESG Index, prompting Musk pushback

May 18 (Reuters) – S&P Dow Jones Indices has removed electric carmaker Tesla Inc (TSLA.O) from its widely-followed S&P 500 ESG Index (.SPXESUP), citing issues including racial discrimination claims and crashes linked to its autopilot vehicles, a move that prompted critical tweets from Tesla CEO Elon Musk on Wednesday. Other factors contributing to the changes, … Read more

G7 backs more aid, weapons to Ukraine in show of unity against Russia

Ukraine, Moldova attend G7 foreign ministers annual meeting EU’s Borrell announces further 500 mln euros in military support Concerns war could spread to Moldova WEISSENHAUS, Germany, May 13 (Reuters) – Foreign ministers from the G7 group of rich nations backed giving more aid and weapons to Ukraine as they met on Friday in what Germany … Read more

SoftBank’s Vision Fund posts record $26 bln loss as tech stocks slump

SoftBank Corp’s logo is pictured at a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com register SoftBank posts $13 bln annual net loss Private valuations are lagging public markets Vision Fund marked down private assets SoftBank is slowing pace of investment TOKYO, May 12 (Reuters) … Read more

Putin tells experts to work on trade payments with allies and ‘unfriendly’ states

Russian President Vladimir Putin attends a meeting with Artyom Zhoga, father of commander of the Sparta Battalion pro-Russian military unit Vladimir Zhoga who was killed in a conflict in Ukraine, following the parade on Victory Day, which marks the 77th anniversary of the victory over Nazi Germany in World War Two, in Moscow, Russia May … Read more

Russian attacks on rail system fail to paralyze ‘lifeline of Ukraine’

FASTIV, Ukraine, May 8 (Reuters) – Safe of missiles brought the Kremlin’s war on Ukraine to Fastiv, a quiet town abounding with flowering cherry trees and set in sweeping farmland hundreds of kilometers from the front lines. The strike on April 28, which injured two people, hit an electrical substation that feeds power to a … Read more