Texas power grid faces summer having changed little from February freeze

June 24 (Reuters) – Texas’s grid operator frightened residents last week when it said it had very little reserves to cover demand spiking as temperatures soared. This summer could produce more scary times. In February, the Texas grid, run by the Electric Reliability Council of Texas (ERCOT), nearly collapsed from several days of frigid weather, … Read more

North Korea reports more deaths, says taking ‘swift action’ against COVID outbreak

SEOUL, May 15 (Reuters) – North Korea said on Sunday a total of 42 people had died as the country entered its fourth day of nationwide lockdown aimed at halting the first confirmed outbreak of COVID-19 in the impoverished country. North Korea’s admission on Thursday that it is battling an ‘explosive’ COVID-19 outbreak has raised … Read more

Chinese plane aborts takeoff and catches fire, causing minor injuries during evacuation

Rescue workers are seen at the site where a Tibet Airlines Airbus A319 plane caught fire after an aborted takeoff, at Chongqing Jiangbei International Airport in Chongqing, China May 12, 2022. cnsphoto via REUTERS Join now for FREE unlimited access to Reuters.com Register BEIJING, May 12 (Reuters) – China’s Tibet Airlines said all passengers and … Read more

Boeing clashes with key supplier ahead of Starliner spacecraft launch

WASHINGTON, May 11 (Reuters) – Boeing Co. (TO PROHIBIT) rivals Aerojet Rocketdyne (AJRD.N)a key supplier to its Starliner spacecraft as the US aerospace giant races to test launch the uncrewed astronaut capsule and repair its reputation in the space sector, people familiar with the matter said. The CST-100 Starliner is scheduled to launch May 19 … Read more

Analysis: Aircraft lessors prepare to fight insurers over Russian plane default

Passenger planes of Aeroflot – Russian Airlines are parked at Sheremetyevo International Airport in Moscow, Russia March 12, 2022. REUTERS/Marina Lystseva Join now for FREE unlimited access to Reuters.com Register Major landlord promises ‘vigorous’ pursuit of claims Legal expert says results could be unpredictable Soaring insurance rates ‘are not a pretty sight’ Lessors keep in … Read more

EXCLUSIVE Tesla halts most production at Shanghai factory, sales plummet in April

Chinese-made Tesla Model 3 vehicles are seen during a delivery event at the carmaker’s factory in Shanghai, China January 7, 2020. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register Plant will produce less than 200 cars on Tuesday – memo Factory halted work due to supply issues – sources China’s COVID policies … Read more

Tourist-favorite Thailand recovery lags behind COVID rule changes

Tourists visit Maya Bay after Thailand reopened its world famous beach after closing it for more than three years to allow its ecosystem to recover from the impact of overtourism, in Krabi province, in Thailand, January 3, 2022. Picture taken January 3, 2022. REUTERS/Athit Perawongmetha/File Photo Join now for FREE unlimited access to Reuters.com Register … Read more

Catch a falling rocket with a helicopter? Yes, that’s the plan

WASHINGTON, April 28 (Reuters) – Small rocket builder Rocket Lab USA Inc (RKLB.O) gears up for a mission that seems more appropriate for a big-budget action movie: catch a falling four-stage rocket booster with a helicopter. The Long Beach, Calif.-based company is trying to cut the cost of spaceflight by reusing its rockets, a trend … Read more

Launch into space? Not so fast. Insurers balk at new coverage

September 1 (Reuters) – An ever-growing amount of space debris threatens satellites hovering around Earth, making insurers reluctant to offer cover to devices that transmit text, maps, video and scientific data , said industry sources. Thousands of new satellites are being launched into areas where orbital trash has been piling up since the first space … Read more

US and European stocks rise amid mixed earnings; The euro at its lowest since 2017

FILE PHOTO – A stockbroker works at the Frankfurt Stock Exchange as markets react to the coronavirus disease (COVID-19), at the Frankfurt Stock Exchange, Germany March 27, 2020. REUTERS/Kai Pfaffenbach Join now for FREE unlimited access to Reuters.com Register WASHINGTON/LONDON, April 27 (Reuters) – Major U.S. and European stock indexes rose in choppy trading on … Read more