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Explainer-Inside the opaque world of minor metals pricing
By Pratima Desai LONDON (Reuters) - China's abrupt announcement this week that it will restrict exports of some germanium and gallium products from Aug. 1 is expected to disrupt global supply chains f...
Syndicated Content Jul 06, 2023
Fed’s Logan says more rate hikes needed amid unexpected economic strength
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan said Thursday that there was a case for a rate rise at the June policy meeting, in comments that affirmed ...
Syndicated Content Jul 06, 2023
Canada posts surprise May trade deficit as imports surge
OTTAWA (Reuters) - Canada recorded a surprise trade deficit in May as energy and grains dragged down exports, while unwrought precious metals as well as motor vehicles contributed to a surge in import...
Syndicated Content Jul 06, 2023
Meta’s Threads is a true threat to Musk-owned Twitter, analysts say
By Aditya Soni (Reuters) - Meta's Threads could quickly become a major threat to Elon Musk-owned Twitter, thanks to its easy access to billions of Instagram users, a similar interface to that of its r...
Syndicated Content Jul 06, 2023
Thermo Fisher Scientific to acquire CorEvitas for $912 million
(Reuters) - Thermo Fisher Scientific Inc said on Thursday it would acquire data intelligence company CorEvitas from Audax Private Equity for $912.5 million in cash. Massachusetts-based CorEvitas is a ...
Syndicated Content Jul 06, 2023
CATL touts breakthrough in cold-weather EV charging
SHANGHAI (Reuters) - Chinese battery maker CATL said on Thursday it has developed new materials for lithium-ion batteries that would sharply improve charging efficiency for electric vehicles, especial...
Syndicated Content Jul 06, 2023
U.S. private payrolls beat expectations in June – ADP
WASHINGTON (Reuters) - U.S. private payrolls increased more than expected in June, indicating that the labor market remains strong despite growing risks of a recession from higher interest rates. Priv...
Syndicated Content Jul 06, 2023
Law firm Paul Hastings extends hiring streak with Goodwin partner pair
By Chinekwu Osakwe (Reuters) - U.S. law firm Paul Hastings said Thursday that it has hired two partners from rival Goodwin Procter as practice leaders in New York and Washington, D.C. Seo Salimi is de...
Syndicated Content Jul 06, 2023
Exclusive – OPEC upbeat over 2024 oil demand outlook despite slowdown
By Alex Lawler and Dmitry Zhdannikov VIENNA (Reuters) - OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a s...
Syndicated Content Jul 06, 2023
Insight Partners raises $118 million fund to back underrepresented VCs
By Krystal Hu (Reuters) - Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital fund that aims to invest in venture capital funds led by diverse managers, th...
Syndicated Content Jul 06, 2023
Peoria, IL, USA
50 °F Partly cloudy
