Reuters Financial News

leadership structure. The exact reasons behind this proposal and its implications remain unclear. However, the prominence of Troshev, coupled with his close ties to Utkin, further deepens the intrigue surrounding the Wagner Group and its activities.

Tesla built its first Cybertruck at the electric-vehicle marker's plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays. Tesla founder Elon Musk introduced the pickup truck in a 2019 reveal where the vehicle's designer cracked the vehicle's supposedly unbreakable «armor glass» windows.

North Korea's evolving nuclear and missile threats, the South's navy said. This came after the North launched an intercontinental ballistic missile (ICBM).  North Korea fired its latest Hwasong-18 missile, which Pyongyang describes as the core of its nuclear strike force, off the east coast on Wednesday in what it said was a ‘strong practical warning’ to the adversaries, according to Reuters reports.  The navy stated that Sunday's trilateral drill was conducted in international waters between South Korea and Japan that brought together destroyers equipped with Aegis radar systems from the three countries.  Washington and its Asian allies have been working to improve their information-sharing system on North Korea's missiles, while South Korea and Japan are independently linked to US radar systems but not to each other's.

Belarusian soldiers on a range near the town of Osipovichi in Belarus on July 14. The Belarusian defense ministry that at least some had arrived in Belarus and were instructing local troops, according to Reuters reports.  Belaruski Hajun said, “The convoy headed toward a military base outside Osipovichi, a town 230 kilometers (142 miles) north of the Ukrainian border." Alexander Lukashenko, the authoritarian president of Belarus said at the time that Minsk could use Wagner's experience and expertise, and that he had offered the fighters an “abandoned military unit" to set up camp.  Speaking to the Associated Press, a leader of an anti-Lukashenko guerrilla group said that construction of a site for the mercenaries was underway near Osipovichi.

(Reuters) -Fighters from the Wagner group have arrived in Belarus from Russia, Ukrainian and Polish officials said on Saturday, a day after Minsk said the mercenaries were training the country's soldiers southeast of the capital.

WASHINGTON (Reuters) — The White House's acting national cyber director was informed in recent weeks she would not be considered to serve in a permanent role because of personal debt issues that would make her difficult to confirm, a source with knowledge of the matter said.

BEIJING (Reuters) — A flurry of economic data from China on Monday is expected to show its post-pandemic bounce is quickly fizzling out, raising expectations that Beijing needs to unveil more stimulus measures soon to shore up activity and shaky consumer confidence.

(Reuters) — Three civilians were wounded in Russian shelling of a village in Zaporizhzhia, the head of Ukraine's presidential administration said on Saturday, while Moscow-backed officials said that Kyiv's forces shelled a school there.

(Reuters) — President Volodymyr Zelenskiy warned Ukrainians that Russia was throwing all its resources into a campaign to stop Kyiv's troops from pressing their counter offensive and a top general reported new progress on the southern front.

Elon Musk founded Tesla has built its first Cybertruck at the electric-vehicle marker's plant in Texas' Austin, Reuters reported the firm as saying on 15 July. Musk introduced the pickup truck in 2019, where the vehicle's designer cracked the vehicle's supposedly unbreakable 'armor glass' windows.

recapitalization, Elon Musk said "Need to reach positive cash flow before we have the luxury of anything else." During an interview with BBC in April, Elon Musk expected the advertising revenue will recover fast as the advertisers were returning to the social media platform. Following the termination of numerous employees and the reduction of expenses related to cloud services, Musk stated that the company had decreased its non-debt spending to $1.5 billion, a significant reduction from the initially anticipated $4.5 billion for 2023.

BRUSSELS (Reuters) — The European Union urged Azerbaijan and Armenia to refrain from «violence and harsh rhetoric» on Saturday at the latest round of talks in a tortuous peace process in which Russia is also pushing to retain a leading role.

₹6,204 per bbl, having swung between ₹6,175 and ₹6,321 per bbl during the session so far, compared to their previous close of ₹6,246 per bbl.   The U.S. dollar index edged higher after hitting a 15-month low during the session, as investors consolidated ahead of the weekend.

By Anna Mehler Paperny

(Reuters) — Tesla (NASDAQ:TSLA) built its first Cybertruck at the electric-vehicle marker's plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays.

Russia and Ukraine is beyond the remit of the G20 and such efforts will be best undertaken by the United Nations and through bilateral negotiations, India's sherpa to the bloc said Saturday. «Our view is that G20 is an economic forum, not a forum to discuss security issues,» India's sherpa Amitabh Kant told Reuters in an interview.

Intel Corp and Qualcomm Inc are planning to visit Washington next week to discuss China policy, according to two sources familiar with the matter. The executives plan to hold meetings with U.S. officials to talk about market conditions, export controls and other matters affecting their businesses, one of the sources said.

Roblox Chief Business Officer Craig Donato is leaving gaming and metaverse company Roblox, the company told Reuters on Friday. Donato has been at Roblox nearly seven years and will be departing at the end of the summer, the company said.

India is not keen on allowing Chinese electric vehicle maker BYD to set up shop in the country owing to security concerns, according to a report in the Times of India. «There is discomfort in the home and external affairs ministries over the entry of Chinese players in the wake of the government’s stand to keep players from across the border out of the Indian market, given the security concerns around several of them. There are growing concerns in the government that many joint ventures „arranged“ by the Chinese companies — some of which get state support — are „heavily weighed and controlled by the foreign partner“, while the Indian company is more or less a dummy entity, with not much control on technology, decision-making, and other critical know-how,» the Times of India claimed. «In the BYD case, the government has had similar concerns, which have come to the fore now as the Chinese electric company wants to go aggressive on India.» BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to Indian regulators to form an EV joint venture, Reuters reported earlier.

Intel Corp and Qualcomm Inc are planning to visit Washington next week to discuss China policy, according to two sources familiar with the matter. The executives plan to hold meetings with U.S. officials to talk about market conditions, export controls and other matters affecting their businesses, one of the sources said.

By Deborah Kyvrikosaios and Liliana Salgado