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LME suspends nickel trading after prices soar past $100,000
By Eric Onstad LONDON (Reuters) -The London Metal Exchange (LME) halted nickel trading on Tuesday after prices doubled to a record $100,000 per tonne, fuelled by a race to cover short positions after ...
Syndicated Content Mar 08, 2022
Malaysia’s 2021 investments hit record $73 billion
KUALA LUMPUR (Reuters) - Malaysia approved a record 306.5 billion ringgit ($73.33 billion) in investments last year, an 83% jump from 2020 led by the manufacturing sector, the nation's investment prom...
Syndicated Content Mar 08, 2022
Carmakers face soaring metal costs with Russian supplies at risk
By Nick Carey and Christina Amann LONDON (Reuters) -Saving up for a new ride? Better start putting more cash aside. Russia's invasion of Ukraine is ramping up the price of metals used in cars, from al...
Syndicated Content Mar 08, 2022
South Korea approves rules on app store law targeting Apple, Google
SEOUL (Reuters) - South Korea approved detailed rules for a law banning dominant app store operators such as Apple Inc and Alphabet's Google from forcing software developers to use their payments syst...
Syndicated Content Mar 08, 2022
What would a U.S. ban on Russian oil mean for the world?
By Noah Browning, Simon Jessop and Balazs Koranyi LONDON (Reuters) - The possibility that the United States might ban Russian oil imports has triggered a surge in Brent crude to almost $140 a barrel, ...
Syndicated Content Mar 08, 2022
Adidas announces new China chief as it looks to revive sales
SHANGHAI (Reuters) - Adidas has replaced its China chief, it said on Tuesday, as the German sportwear brand looks to revive sales in the world's second largest economy. The company has appointed Adria...
Syndicated Content Mar 08, 2022
Telecom Italia shares rebound as KKR bid hopes rekindled
MILAN (Reuters) -Shares in Telecom Italia (TIM) rebounded on Tuesday after an Italian newspaper reported that U.S. fund KKR was still interested in a takeover deal, albeit at a lower price. Italian ne...
Syndicated Content Mar 08, 2022
Exclusive-Enel ready to resume LNG project in southern Italy
MILAN (Reuters) - Italy's biggest utility Enel is ready to dust off plans to build a liquefied natural gas (LNG) terminal in southern Italy, a spokesperson told Reuters on Tuesday. Enel said it was us...
Syndicated Content Mar 08, 2022
Tesla sold 56,515 China-made vehicles in February – CPCA
BEIJING (Reuters) -U.S. electric vehicle maker Tesla Inc sold 56,515 China-made vehicles in February, including 33,315 for export, the China Passenger Car Association (CPCA) said on Tuesday. Tesla, wh...
Syndicated Content Mar 08, 2022
Marketmind: Collateral damage
A look at the day ahead in markets from Sujata Rao All problems pale when compared with the tragedy of Ukrainians fleeing bombed-out cities. Others are seeing damage of a different kind -- from near w...
Syndicated Content Mar 08, 2022
Peoria, IL, USA
43 °F Overcast
