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Tesla stock and bonds tumble as investors fret about costs and safety

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SAN FRANCISCO (Reuters) – Tesla’s stock and bonds tumbled on Monday as investors worried about the automaker’s cash burn and problems with an Autopilot system that CEO Elon Musk has held out as key to the electric car maker’s future. FILE PHOTO: People visit a Tesla booth during the media day for the Shanghai auto Read More

China’s tough trade rhetoric leaves talks with U.S. in limbo

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WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, U.S. officials accuse China of Read More

Tough talk from China leaves trade talks with U.S. in limbo

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WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Washington changed course. A container is carried onto a truck in a logistics center near Tianjin Port, in northern China, May Read More

Wall St. falls after China’s tough talk on trade

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(Reuters) – U.S. stocks slipped on Friday, after three straight sessions of gains, as trade tensions were renewed after Chinese media took a hardline approach to the tariff dispute between the United States and China. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 16, 2019. REUTERS/Brendan Read More

US speaks of peace talks, while ‘holding a gun’ at Tehran – top Iranian official

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Iran has pulled no punches with regards to Washington, saying that while the US is urging talks, it simultaneously holds a gun at Tehran. It comes as tensions between two states continue to grow. “The actions of American leaders in exerting pressure and launching sanctions while speaking of talks, is like holding a gun Read More

Iran’s short-range missile can reach US fleet in Gulf – Revolutionary Guards deputy commander

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Published time: 17 May, 2019 10:14 Edited time: 17 May, 2019 10:22 The deputy commander of Iran’s Revolutionary Guards has said that the US fleet in the Gulf is already within striking distance of his country’s short range missiles, adding that the US could not sustain a new war in the region. It marks the Read More

UK raises threat level for personnel in Iraq over Iran ‘threat’

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By Deborah Haynes, foreign affairs editor Britain has raised the threat level for UK forces and diplomats in Iraq because of what sources say is a heightened security risk from Iran, Sky News can reveal. The UK has also put its personnel and their families in Saudi Arabia, Kuwait and Qatar on an increased state Read More

OPEC+ grapples with Iran crisis as ministers meet in Jeddah

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By Grant Smith on 5/16/2019 LONDON (Bloomberg) — When OPEC and its allies gather in the Saudi Arabian city of Jeddah this weekend, their conversation will be dominated by a member of the group that isn’t there: Iran. As President Trump squeezes oil exports from the Islamic Republic with sanctions, the discussions among other producers Read More

Just Energy Reports Fourth Quarter and Full Fiscal Year 2019 Results

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Annual base EBITDA from continuing operations growth of 13%, driven by robust gross margin improvementEmbedded gross margin remains stable and at historical highsProvides fiscal year 2020 Base EBITDA and Free Cash Flow guidance TORONTO, May 15, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE), a leading consumer company focused on essential needs including Read More

Granite Oil Corp. Announces Credit Facility Renewal

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CALGARY, Alberta, May 15, 2019 (GLOBE NEWSWIRE) — GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO) (OTCQX:GXOCF) is pleased to announce that the annual borrowing base redetermination of its credit facility has been completed. The Company has renewed the existing credit facility at the same level of $50 million, consisting of a $45 million revolving Read More