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Musk says Tesla’s new car factories ‘losing billions of dollars’

SAN FRANCISCO, June 22 (Reuters) – Tesla Inc’s (TSLA.O) new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to increase production because of a shortage of batteries and China port issues, Chief Executive Elon Musk said in an interview published on Wednesday. “Both Berlin and Austin factories are gigantic …

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Exclusive: Inside the hangar at the center of the $ 1 bln Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high -tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus (AIR.PA) and Qatar’s national carrier. From a distance, the planes might seem like any other long-haul jetliners …

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Oscar-winning screenwriter Paul Haggis arrested in Italy on sexual assault charges

June 20 (Reuters) – Oscar -winning screenwriter Paul Haggis is under house arrest in southern Italy on charges of sexual assault and aggravated personal injury, accusations that the Canadian director denies, his lawyers said on Monday. “Mr Paul Haggis was detained on Sunday with an emergency measure issued by the Brindisi prosecutors and is now …

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Europe faces ‘severe’ risk of disorderly financial market correction: Lagarde

President of European Central Bank Christine Lagarde addresses a news conference following the meeting of the Governing Council’s monetary in Frankfurt, Germany March 10, 2022. Daniel Roland/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register FRANKFURT, June 20 (Reuters) – The risk of an abrupt correction on Europe’s financial and housing markets …

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