By Ernest Scheyder (Reuters) – Lithium giant Albemarle Corp expects China’s electric vehicle (EV) market to grow 40% this year, or at least by 3 million vehicles, boosting demand for the battery metal in the world’s largest auto market. China’s government has been phasing out subsidies for EVs, but Albemarle said so far those steps …
Albemarle expects 40% Chinese EV market growth to drive lithium demand Read More »
By Valentina Za MILAN (Reuters) -An Italian private equity fund has bought 7.2% of Anima Holding, the bank that handled the deal said on Wednesday, investing in an asset manager likely to be involved in future domestic banking consolidation. The 109 million euro ($116 million) stakebuilding strengthens the grip of Italian investors on a company …
Italian fund buys stake in asset manager Anima in play on bank M&A Read More »
By Tom Westbrook (Reuters) – Stocks rose on Thursday as recent economic data from around the world fed hopes that the global economy might not face as hard a landing as feared a few months ago, even as interest rates threaten to remain higher for longer than expected. France’s CAC 40 hit a record, up …
By Rowena Edwards LONDON (Reuters) -Oil prices fluctuated in a narrow range on Thursday as it weighed a large build in U.S. crude inventories and hopes for a Chinese demand recovery. Brent crude futures were flat on the day at $85.38 a barrel by 1252 GMT. U.S. West Texas Intermediate (WTI) crude futures were up …
By Scott Murdoch and Rodrigo Campos (Reuters) -Index provider MSCI said on Wednesday it will postpone implementation of updates to weightings for two of India’s Adani Group companies, Adani Total Gas and Adani Transmission, to the May benchmark review. The reversal of the updates to Adani Total Gas and Adani Transmission in the February index …
MSCI delays index weighting changes for two Adani companies Read More »
By Andrew Goudsward and Tom Hals (Reuters) – Fani Willis, the district attorney in Georgia’s Fulton County who is pursuing a criminal investigation of Donald Trump over his contacts with state officials concerning the 2020 U.S. election, has been described as a “pit bull in the courtroom.” That would be the kind of tenacity Willis, …
Who is Fani Willis, the ‘pit bull’ prosecutor weighing Trump charges? Read More »
OUAGADOUGOU (Reuters) – Endeavour Mining has sold 200 kilograms (7054.79 oz) of gold from its Mana mine in Burkina Faso to the West African country’s government, the company told Reuters on Wednesday. The UK-headquartered multinational is the biggest gold miner in Burkina Faso, which is funding a battle against a rampant jihadist insurgency that spurred …
Burkina Faso buys 200 kg of gold from Endeavour’s Mana mine Read More »
By Daphne Psaledakis WASHINGTON (Reuters) – Two members of the U.S. House of Representatives Foreign Affairs Committee on Wednesday called on President Joe Biden to rescind a nearly $1 billion arms sale to Nigeria following Reuters reports on an illegal abortion program and the targeted killing of children carried out by the Nigerian military. Democrat …
U.S. Congress members seek halt to $1 billion Nigeria weapons deal Read More »
By Michael Georgy DUBAI (Reuters) -Seif al-Adel, a former Egyptian special forces officer who is a high-ranking member of al Qaeda with a $10 million U.S. bounty on his head, is now the “uncontested” leader of the militant group, according to a new U.N. report on the organisation. Al Qaeda has not formally named a …
Al Qaeda’s new leader Adel has $10 million bounty on his head Read More »
By Henriette Chacar and Khalil Ashawi KAHRAMANMARAS, Turkey/JANDARIS, Syria (Reuters) -Two women were pulled from the rubble in Turkey’s southern city of Kahramanmaras and a mother and two children were rescued from the city of Antakya on Wednesday, as rescue efforts shifted to getting relief to survivors nine days after a deadly earthquake. Rescuers could …
Three women, two children pulled from rubble in Turkey, some aid reaches Syria Read More »
