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Wires

  • CARACAS, July 29- In a portend of steepening inflation in crisis-stricken Venezuela, money supply surged 10 percent in just one week earlier this month, its largest single-week rise in a quarter of a century. Venezuela is undergoing a major economic crisis, with millions suffering food shortages, monthly wages worth only the tens of U.S. dollars, and soaring...

  • NUUK, Greenland— After 24 days at sea and a journey spanning more than 10,000 kilometers, the Finnish icebreaker MSV Nordica has set a new record for the earliest transit of the fabled Northwest Passage. Records kept by Canada's Department of Fisheries and Oceans show that the previous earliest passage of the season happened in 2008, when the Canadian Coast...

  • EU commissioners decided to launch the "infringement procedure" for violating European Union law at a meeting on Wednesday, the first step in a legal process that may end at the bloc's top court, pending publication of Poland's new law. Poland's eurosceptic, nationalist government has rejected Brussels' objections as "blackmail" and unjustified criticism, but...

  • BRUSSELS, July 29- The European Commission has launched legal action against Poland's reforms to its judiciary and given Warsaw a month to respond, it said on Saturday. EU commissioners decided to launch the "infringement procedure" at a meeting on Wednesday, pending publication of Poland's new law, over concerns that it undermined the independence of judges...

  • MOSCOW— From the early days of online stock scams to the increasingly sophisticated world of botnets, pseudonymous hacker Peter Severa spent nearly two decades at the forefront of Russian cybercrime. Now that a man alleged to be the pioneering spam lord, Pytor Levashov, is in Spanish custody awaiting extradition to the U.S., friends and foes alike are describing...

  • SYDNEY, July 29- Australias New South Wales government will inspect more than 1,000 residential and commercial towers that may have potentially unsafe cladding and introduce new fire safety reforms to avoid a deadly inferno such as the Grenfell Tower fire in London. The government conducted an audit sample of more than 170,000 buildings built since the 1980...

  • SHANGHAI, July 29- At a Shanghai mall, rows of "man pods" equipped with video games are proving a big hit, providing a refuge for hundreds of weary husbands and boyfriends as their other halves shop until they drop. The first pods were launched at the Global Harbor shopping mall in Shanghai in June, and since then over 1,000 men have used the facilities, according to Ruwo...

  • COLOMBO, Sri Lanka— Sri Lanka's government on Saturday signed a long-delayed agreement to sell a 70- percent stake in a $1.5 billion port to China in a bid to recover from the heavy burden of repaying a Chinese loan obtained to build the facility. The document was signed between the government-run Sri Lanka Ports Authority and the state-run China Merchants Port...

  • SHANGHAI, July 29- China shut 42.39 million tonnes of crude steel capacity in the first half of 2017, equal to 84 percent of its target for the whole year, a government official said at a meeting of the country's steel industry body on Friday. The country has essentially completed its five-year target, set last year, to cut between 100 million and 150 million tonnes...

  • *$35,000 base price, goes 220 miles on a charge. FREMONT, Calif., July 28- Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as he handed over the first 30 to employee buyers, setting the stage for the biggest test yet of the company's strategy to become a profitable, mass market electric car maker.

  • *$35,000 base price, goes 220 miles on a charge. FREMONT, Calif., July 28- Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as he handed over the first 30 to employee buyers, setting the stage for the biggest test yet of the company's strategy to become a profitable, mass market electric car maker.

  • LONGER-RANGE MODEL 3 COSTS $44,000, GOES 310 MILES ON A CHARGE.

  • MUSK FORESEES "SIX MONTHS OF MANUFACTURING HELL" AS MODEL 3 PRODUCTION BEGINS.

  • TESLA MODEL 3 FEATURES SAME AUTOPILOT, POTENTIAL FOR AUTONOMY AS MODEL S, X.

  • TESLA'S $35,000 BASE MODEL 3 HAS 220-MILE (350-KM) RANGE.

  • TESLA HAS OVER HALF MILLION MODEL 3 RESERVATIONS - CEO MUSK.

  • MEXICO CITY— Sewage breakdowns in Mexico City's "floating gardens" of Xochimilco and in the country's Yucatan peninsula resort of Isla Holbox have officials warning of threats to residents and tourism. Holbox's sewage problem hit the pages of major Mexican newspapers this week just as a report was released on the capital's own waste issues, making it clear...

  • President Donald Trump will sign legislation that imposes sanctions on Russia, the White House said on Friday, after Moscow ordered the United States to cut hundreds of diplomatic staff and said it would seize two U.S. diplomatic properties in retaliation for the bill. The U.S. Senate had voted almost unanimously on Thursday to slap new sanctions on Russia,...

  • Some of the executives positions will retire with full benefits while others may find positions elsewhere within the bank, said Wells Fargo spokesman Paul Gomez. "We have just completed the process of consolidating the Regional President and Area President roles into a new position, Region Bank President," Mary Mack, senior executive vice president for...

  • WASHINGTON, July 28- Ford Motor Co said Friday it will pay to repair police versions of its Ford Explorer SUVs to correct possible carbon monoxide leaks that may be linked to crashes and injuries after U.S. regulators escalated an investigation into 1.33 million vehicles. The city of Austin, Texas said Friday it was removing all 400 of the citys Ford Explorer SUVs...