Category Archives:
Goldman says West needs over $25 billion investments in rare earths to match China
(Reuters) - Goldman Sachs on Thursday said the West may need more than $25 billion in investments to match China's supply of rare earths, as export curbs by Beijing on minor metals fuel fears that rar...
Jul 06, 2023
Retail traders pile into US stocks; focus shifts to EVs from AI
(Reuters) - Retail traders raised their exposure to U.S. stocks in June encouraged by healthy returns, with their focus shifting to electric-vehicle firms from artificial intelligence stocks earlier i...
Jul 06, 2023
Canada, Ontario to give up to C$15 billion in incentives for Stellantis-LGES battery plant
OTTAWA (Reuters) - Canada's federal government and Ontario said on Thursday they would together provide up to C$15 billion ($11.3 billion) in performance incentives for a Stellantis-LG Energy Solution...
Jul 06, 2023
Pentagon has strategic germanium stockpile but no gallium reserves
WASHINGTON (Reuters) - The Pentagon holds a strategic stockpile for germanium but currently has no inventory reserves for gallium, a spokesperson said on Thursday, after China announced export restric...
Jul 06, 2023
U.S. service sector picks up in June; inflation gradually slowing – ISM survey
WASHINGTON (Reuters) - The U.S. services sector grew faster than expected in June as new orders picked up, but a measure of prices paid by businesses for inputs fell to more than a three year low, sug...
Jul 06, 2023
Trudeau to Taylor Swift: Don’t make it a cruel summer and come to Canada
OTTAWA (Reuters) - Prime Minister Justin Trudeau took to Twitter to try to convince American pop star Taylor Swift to add some stops on her "Eras Tour" in Canada after she announced 14 new dates in Eu...
Jul 06, 2023
US set to award $6.88 billion grant for key New York tunnel project — senator
WASHINGTON (Reuters) - The Biden administration plans to award a $6.88 billion grant to help build a new railway tunnel between New York City and New Jersey, Senator Chuck Schumer said Thursday. The $...
Jul 06, 2023
BoC to raise rates 25 bps on July 12, possibly the last: Reuters Poll
By Milounee Purohit BENGALURU (Reuters) - The Bank of Canada will raise interest rates by a quarter-point for a second straight meeting to 5.00% on July 12 following a five-month pause earlier this ye...
Jul 06, 2023
Volkswagen to launch self-driving vehicles in Texas by 2026
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Volkswagen said on Thursday that it plans to launch autonomous, or self-driving, vehicles for ride hailing and goods delivery services in Austin, Texas by 2026...
Jul 06, 2023
India’s state-run banks confident of withstanding macro shocks
NEW DELHI (Reuters) - India's state-run banks are confident of withstanding any macroeconomic shocks and expect their outlook to improve, despite headwinds in the global banking sector, the finance mi...
Jul 06, 2023
Peoria, IL, USA
43 °F Overcast
