Friday, March 22, 2019
China's primary aluminum output defied low prices to rise for a second straight month to a record high in December as falling alumina costs boosted margins, while 2018 annual output was also a record, official data showed on Monday. China December aluminum production surges to record monthly high thumbnail courtesy...
Tesla Inc has signed a preliminary agreement with China's Tianjin Lishen to supply batteries for its new Shanghai car factory, as it aims to cut its reliance on Japan's Panasonic , two sources with direct knowledge of the matter said. Exclusive: Tesla in talks with China's Lishen over Shanghai...
China has extended the olive branch back to the United States by offering a path to eliminate Washington’s burgeoning trade deficit with the country, Bloomberg reported Friday. The news comes less than a day after The Wall Street Journal reported that the Trump administration was considering lifting tariffs amid...
U.S. President Donald Trump is reviving efforts to win approval for a significant infrastructure plan lasting up to 13 years, two people briefed on the matter said, as the administration seeks to bring a long-stalled campaign promise back to life. Exclusive: Trump meets with Cabinet officials to revive infrastructure...
U.S. stock indexes Friday midday clambered higher after a report from Bloomberg said Chinese officials were open to eliminating an imbalance with the U.S. that has been a source of trade tension between the two largest economies in the world and a major headwind for stocks. The Dow Jones...
Source: MarketWatch Canadian crude prices have surged to trade at the smallest discount to U.S. oil in a decade, marking an early success for provincial-government efforts to cap supply and boost the country’s income. A blend of Canadian crude has rallied 40% since early December, when the government of the oil-rich...
(Bloomberg) -- Palladium rocketed through $1,400 an ounce for the first time, extending its precipitous rally despite signs that global vehicle sales are slowing. The precious metal, primarily used in the auto industry for catalytic converters, has surged more than 65 percent since the middle of August. The bull run...
Jan 17 (Reuters) - Invictus MD Strategies Corp GENE.V : * INVICTUS MD ANNOUNCES SUBMISSION OF ITS APPLICATION TO LIST ON NASDAQ AND SHARE CONSOLIDATION * INVICTUS MD STRATEGIES CORP - ANTICIPATED THAT SHARES WILL TRADE ON NASDAQ UNDER TICKER SYMBOL "INV" * INVICTUS MD STRATEGIES - SHARES TO CONTINUE TO TRADE...
NEW YORK/FRANKFURT (Reuters) - Liberty Latin America Ltd (LILA.O), a wireless and cable operator in South America and the Caribbean, has approached peer Millicom International Cellular SA TIGOsdb.ST with an acquisition offer, Millicom said on Monday. Millicom’s statement came hours after Reuters first reported on the negotiations. The deal would...
LONDON (Reuters) - Concern over China’s economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment’s peace. Fresh news had been thin on the ground during the European morning, but...