Tuesday, December 3, 2024

Stellantis share price recovers after shock exit of CEO Carlos Tavares


Shares in Italian-American car giant Stellantis have regained some ground after falling almost 9 percent on Monday.

That was sparked by the shock departure of CEO Carlos Tavares from the conglomerate, which owns iconic brands including Fiat and Jeep.

Our Italy correspondent Giles Gibson reports.

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Striking New Jaguar Divides Opinion

Jaguar has unveiled its new luxury electric concept car.


With an elongated front end, no rear window and striking low profile, the Type 00 (zero zero) has elicited strong opinions since it was launched at Miami Art Week. 


Jaguar sales have fallen dramatically in recent years, and the struggling car maker is reinventing itself as a high end, electric only brand. 


Some have praised the bold new direction, whereas others question its long term viability. The Type 00 base price is expected to be around 125 thousand dollars, and won't go on sale until 2026.


Jaguar's management have said the new design will 'polarise' opinion. Rawdon Glover, the company's managing director, says they wanted to be bold…


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STARMER: NO NEED TO CHOOSE BETWEEN EU AND US

UK Prime Minister Keir Starmer says Britain doesn't have to choose between the European Union and United States.

He delivered a major foreign policy speech to push back against claims the UK will need to pick sides if Donald Trump's administration begins a trade war.

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Keir Starmer praised his own relationship with President-elect Trump.

But he also insisted the UK will continue to support Ukraine so it can be in the best position possible if there are peace talks with Moscow.
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Imran Khan Pakistan's former Prime Minister faces new murder charges

Intro:

Pakistan's former Prime Minister Imran Khan now faces murder charges, in addition to the over 100 corruption cases he's already fighting from jail.

Khan has been booked for the death of a paramilitary officer who was killed during last week's protest where tens of thousands of supporters of the former prime minister clashed with security teams.

Hira Mustafa has more.

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Virus-free.www.avast.com
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Cyclone Fengal kills 12 and affects millions in South India

Intro:

12 people have died and more than 15 million affected after cyclone Fengal (Fayne-Gall) made landfall in Southern India.

The state of Tamil Nadu (Tuh-mill Naa-Doo) has seen torrential rainfall and wind speeds of 90 kilometers per hour, affecting at least 14 districts.

Ishan Garg tells us more.

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US targets China's chip industry with new restrictions

INTRO: The United States launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies.

The move is one of the Biden administration's last large-scale efforts to slow China's ability to access and produce chips that can help advance artificial intelligence for military applications. Laura Westbrook reports.

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Judge again rejects Elon Musk's massive Tesla pay package

A judge in the US state of Delaware has reaffirmed her decision to rescind Elon Musk's massive stock-option compensation package from his company Tesla.


Judge Kathaleen McCormick ruled the deal was tainted by insufficient transparency and the high-profile CEO's influence over the board.


Ira Spitzer reports


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Monday, December 2, 2024

SYRIAN ARMY PREPARES MAJOR COUNTER ATTACK WITH RUSSIAN SUPPORT

The United States, France, Germany, and the UK are calling for de-escalation in Syria, after surprise territorial gains by rebel forces ousted the Syrian army from the north-western city of Aleppo last week.

A former head of the UK's Secret Intelligence Service, or MI6, says while the retreat of President Bashar Al-Assad's forces may be "satisfying" — rebel Islamist groups don't present a "good future either".

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Canada seeks softening of Trump tariffs

Donald Trump's tariff policy is unfair to Canada, according to the country's US ambassador. 


The President-elect has threatened to impose 25% taxes on imports from one of America's biggest trading partners. 


Benji Hyer reports. 


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Biden faces backlash for son's pardon

US President-elect Donald Trump has called Joe Biden's decision to
pardon his son Hunter an "abuse and miscarriage of justice".

It comes after Biden repeatedly said he was not planning to grant his
son clemency.

As Nick Harper reports from Washington.

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U.S. destroys Houthi missiles and drone attack on vessels in the Gulf of Aden

The U.S. Navy shot down incoming missiles from Houthis based in Yemen, who were targeting merchant vessels in the Arabian Sea and Gulf of Aden.

The rebels have been attacking ships since Israel invaded Gaza more than a year ago.

Caroline Malone reports from Washington.


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More than 50 people feared dead in Guinea stadium stampede.


There's growing anger in Guinea after dozens were killed in a stampede at a football match.

Officials say clashes broke out among football fans at the stadium after a contested goal.

Correspondent Nabil Ahmed Rufai reports.



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VOLKSWAGEN WORKERS LAUNCH STRIKE ACTION ACROSS GERMANY

Volkswagen assembly lines in Germany have been brought to a standstill after workers launched strike action. 

VW, Europe's biggest automaker, is facing financial pressures led by falling market share in China. 

From Berlin, Trent Murray has more. 

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EU condemns violence against Georgian protestors

More than 40 people are believed to have been hospitalized as protests
in Georgia continued for a fourth straight night.

People took to the streets following the government's decision to halt
efforts to join the European Union.

William Denselow reports from Brussels.

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RADIO: EASTERN DRC VIOLENCE

INTRO:

At least five people have been killed in clashes between Congolese government forces and fighters of a militia known as Twirwaneho in the east of the Democratic Republic of Congo.
The fighting broke out on Friday in South Kivu province and continued over the weekend. Chris Ocamringa has more from Kinshasa...

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BIDEN PARDONS SON HUNTER

US President Joe Biden has issued an official pardon for his son Hunter as he enters his final weeks in the White House.

The president had previously ruled out such a move.

Hunter-Biden was set to face sentencing this month on federal gun and tax evasion charges.

President-elect Donald Trump says it's an 'abuse and miscarriage of justice'.

The Guardian's Washington correspondent David Smith says President Biden believes his son's been targeted for political reasons.

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Indian farmers launch protest demanding better compensation for land

Intro:


Indian farmers are launching a mega protest demanding better compensation for their land, and lower cost of farming. 


Hundreds are marching towards India's parliament complex in New Delhi to pressure the government.


Ishan Garg tells us more. 


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Japan to provide defense equipment to Asia partners

Japan is planning to provide defense equipment to partners in Asia under its Official Security Assistance scheme. 


The program provides grants to the armed forces of like minded countries. 


Chris Gilbert has more from Tokyo. 


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China blasts US arms sale to Taiwan, President Lai's US transit

INTRO: Taiwan President Lai Ching-te kicks off his second day in the United States as China fumes over the stopover that is part of a weeklong Pacific tour to drum up support for the island

China also vowed "resolute countermeasures" on Sunday to a recently approved U.S. arms sale to Taiwan. Laura Westbrook reports.


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Sunday, December 1, 2024

Trump picks loyalist Kash Patel for FBI and daughter Tiffany's father in law as Middle East Advisor

US Lawmakers from both parties have questioned the political neutrality of Donald Trump's pick for FBI Director Kash Patel.

The President-elect has also nominated personal family connections for posts related to US foreign-policy.

Our US Correspondent Jagruti Dave has more.

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