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Tesla has halted production at its Shanghai facility for four days because to COVID restrictions, according to sources.

Tesla has halted production at its Shanghai facility for four days because to COVID restrictions, according to sources.

(Reuters) - SHANGHAI (Reuters) - Tesla (NASDAQ:TSLA) is shutting down its Shanghai plant for four days after the financial center announced on Sunday that it will shut down in two phases to conduct COVID 19 mass testing, according to two individuals familiar with the situation....

ExxonMobil Is Considering Using Natural Gas Waste to Make Crypto Mining Greener

ExxonMobil Is Considering Using Natural Gas Waste to Make Crypto Mining Greener

For more than a year, media sources have slammed cryptocurrencies that use a proof of work (PoW) consensus process to authenticate transactions for their detrimental environmental effect. That's because crypto mining businesses use a lot of energy to power the heavy-duty computer...

Barclays has suffered a $590 million loss due to a bond error.

Barclays has suffered a $590 million loss due to a bond error.

The 450 million pound loss was Barclays' "best estimate at this time," according to the bank, which reduced its core capital ratio to the center of its target range of 13-14 percent....