China coal’s last hurrah comes too late for old mining towns

2021-11-11 01:24:00 PINGDINGSHAN, China, Nov 11 (Reuters) – On the edges of an old and depleted mine on the rugged outskirts of Pingdingshan in central China’s Henan province, workers sift through dunes of low-grade coal, looking to extract every last calorie of energy from the city’s crumbling seams. But despite an unexpected energy crunch that […]

Billionaire Musk sells more shares in whirlwind Tesla stock ride

2021-11-12 08:50:00 Nov 12 (Reuters) – Tesla Inc (TSLA.O) top boss Elon Musk sold another block of company shares worth about $700 million, filings showed on Friday, as the billionaire takes advantage of a meteoric rally that drove the electric carmaker’s value to over $1 trillion. The second round of hefty stock sales this week […]