Author Archives: Syndicated Content
Glencore cuts 2023 nickel production guidance
LONDON (Reuters) - Commodity trader and miner Glencore on Monday maintained its overall 2023 guidance for copper, zinc, coal and cobalt output, but cut its outlook on nickel production due to maintena...
Thomson Reuters Oct 30, 2023
Russia arrests man in Crimea for passing secrets to Ukraine
MOSCOW (Reuters) - Russia's Federal Security Service (FSB) said on Monday that it had detained a Russian man in Crimea on suspicion of treason, accusing him of passing military secrets to Ukraine, acc...
Thomson Reuters Oct 30, 2023
G7 offers costly loans, few grants to help Vietnam cut coal - documents
By Francesco Guarascio HANOI (Reuters) - Group of Seven (G7) members offered Vietnam more than $300 million in grants to support plans to reduce coal use, documents seen by Reuters show, accounting fo...
Thomson Reuters Oct 30, 2023
Marelli plant closure forewarns painful electric vehicle transition
By Giulio Piovaccari and Giselda Vagnoni CREVALCORE, Italy (Reuters) - Around 230 workers in Italy's "Motor Valley" have begun striking over the planned closure of their auto parts factory, an early c...
Thomson Reuters Oct 30, 2023
GSK says endometrial cancer drug meets overall survival goal in late-stage trial
(Reuters) -British drugmaker GSK said on Monday its cancer drug Jemperli, when combined with chemotherapy, met the primary goal of overall survival in patients with primary advanced or recurrent endom...
Thomson Reuters Oct 30, 2023
Panasonic cuts battery unit's profit outlook, warns on high-end EV sales
TOKYO (Reuters) -Panasonic Holdings, which supplies Tesla, said on Monday it had cut automotive battery production in Japan in the September quarter and shrank the division's annual profit forecast by...
Thomson Reuters Oct 30, 2023
Santander readies sale of bad assets worth 5 billion euros- Cinco Dias
MADRID (Reuters) - Spain's Santander is planning to sell toxic real estate assets with a nominal value of up to 5 billion euros ($5.28 billion), Spanish daily Cinco Dias reported on Monday. The asset ...
Thomson Reuters Oct 30, 2023
Swiss National Bank adjusts interest on bank deposits
ZURICH (Reuters) - The Swiss National Bank on Monday said it was adjusting the interest it pays with money commercial banks lodged with the central bank overnight. Sight deposits which are held to mee...
Thomson Reuters Oct 30, 2023
Exclusive-US military begins Japan seafood purchases to counter China ban
By John Geddie and Yukiko Toyoda TOKYO (Reuters) - The United States has for the first time begun buying Japanese seafood to supply its military there, a response to China's ban on such products impos...
Thomson Reuters Oct 30, 2023
COP28 chief, groups, urge tripling renewable capacity by 2030
By by Yousef Saba and Kate Abnett ABU DHABI (Reuters) - The presidency of next month's COP28 climate summit and two renewable energy organisations on Monday urged governments to triple renewable energ...
Thomson Reuters Oct 30, 2023
