(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Sunday that Sept. 15 is the tentative date for the company’s shareholder meeting and its “Battery Day” at which it is expected to reveal significant advances in battery technology. The ba... More »
LONDON (Reuters) – The European Central Bank meets on Thursday, the ink barely dry on its emergency bond-buying scheme, and markets are already asking what more it will do to help the euro zone economy through the coronavirus crisis. Its emergency stimulus, wh... More »
TOKYO (Reuters) – Japanese biopharmaceutical firm Anges Inc said on Tuesday that it and Osaka University had completed development of a DNA vaccine against the new coronavirus and that it would begin testing it in animals soon. Shares of Anges surged as much a... More »
SANTIAGO (Reuters) – With residents and courts ringing the alarm about depleted water supplies in Chile’s Atacama salt flat, the world’s top lithium miner Albemarle (ALB.N) quietly filed a proposal in December for a network to monitor flows beneath the parched... More »
SHANGHAI (Reuters) – China’s top electric vehicle battery maker CATL (300750.SZ) said on Monday it has signed a battery supply agreement with Tesla (TSLA.O). Tesla will determine the battery purchase volume between July 2020 and June 2022, according to its own... More »
SINGAPORE (Reuters) – China’s Hengyi Petrochemical Co Ltd is operating its new 160,000 barrels per day refinery in Brunei at near full capacity after trial production began in July, two company officials told Reuters. The plant in Palau Muara Besar is one of f... More »
JAKARTA (Reuters) – Indonesia expects to sign more deals with the United Arab Emirates in the energy, health and education sectors during a visit to the country next month by President Joko Widodo, a ministry statement released on Monday said. The Indonesian g... More »
LONDON/RIYADH (Reuters) – Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters. Aramco, the world’s largest oil company, has been ... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Sunday the United States was “locked and loaded” for a potential response to the attack on Saudi Arabia’s oil facilities, after a senior U.S. administration official said Iran was to blame. Trump also ... More »
BEIJING (Reuters) – The death toll from typhoon Lekima in eastern China rose to 44 people on Monday morning, according to official data, as the storm continued up the coast, racking up billions of dollars in economic losses and widely disrupting travel. An add... More »
NEW YORK/FRANKFURT (Reuters) – Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as 11% high... More »
SINGAPORE/BEIJING (Reuters) – China’s fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially dragging on crude oil demand from the world’s biggest impo... More »
LEIPZIG, Germany (Reuters) – Volkswagen (VOWG_p.DE) will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive push for mass producing electric vehicles, board member Stefan Sommer told Reuters. V... More »
BEIJING/SEOUL (Reuters) – China has scrapped its list of recommended battery suppliers, the industry ministry said on Monday, a decision foreign companies said could open up the world’s biggest market for electric vehicle batteries. China, the world’s largest ... More »
SEOUL (Reuters) – State-owned Saudi Aramco plans to invest up to $1.6 billion for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil. Saudi Aramco is already the biggest sha... More »
WASHINGTON (Reuters) – Brett Kavanaugh, nominated on Monday to be a Supreme Court justice by U.S. President Donald Trump, is a long-time skeptic of business regulations, especially on rules limiting harmful emissions, although he has called global warming an “... More »
TOKYO (Reuters) – Nissan Motor (7201.T) has canceled a potential $1 billion sale of its electric car battery unit to China’s GSR Capital, opening the door to other likely suitors keen on a component that is vital for the booming electric vehicles industry. Jap... More »
NEW YORK (Reuters) – Study after study shows that money stress can be as bad for workplace productivity as back pain. The latest study, released by PwC on Tuesday, found that a quarter of U.S. workers said financial worries caused them health problems. Forty p... More »
(This version of the May 3 story was refiled to removes extraneous words in Credit Suisse title in paragraph 11) By Danilo Masoni MILAN (Reuters) – The recent recovery in the dollar has raised hopes that currency turbulence for European corporates will now sub... More »
ZURICH (Reuters) – Swiss fragrance and flavors company Givaudan has begun recycling Haitian vetiver roots now used to make oil for fragrances to produce a new cosmetic substance it said can reduce wrinkles and help scents linger longer. Scientists and sustaina... More »
GUNSAN, South Korea (Reuters) – Workers at a rural South Korean factory are busy extracting some of the world’s most coveted metals, used in the batteries that power electric cars. But they’re not digging in the ground or refining ore. Instead, they are sortin... More »
BOSTON (Reuters) – Activist investor Barington Capital Group LP has launched a fight for two board seats at machine industry company Xerium Technologies Inc., according to a regulatory filing made on Thursday. The New York-based hedge fund, which owns 5.05 per... More »
FILE PHOTO: Freight trucks are driven on the Fisher freeway in Detroit, Michigan, U.S., March 27, 2009. REUTERS/Rebecca Cook/File Photo SEATTLE/BOCA RATON, Fla. (Reuters) – The drive for cost cuts and higher margins at U.S. trucking and railroad operators is p... More »
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, November 20, 2012. REUTERS/Arnd Wiegmann/File Photo TORONTO/MELBOURNE (Reuters) – As shareholders push the world’s cash-rich miners to ... More »
WARSAW (Reuters) – Poland’s anti-corruption agency arrested six people, including a former deputy treasury minister, in an investigation into the previous government’s privatization of chemical firm Ciech, state news agency PAP reported on Monday. The agency l... More »
(This February 1 story has been refiled to fix typo in 13th paragraph) By John Revill and Michael Shields ZURICH (Reuters) – Swiss private bank PKB Privatbank SA Lugano committed serious breaches of money laundering regulations in business linked to Brazilian ... More »
Saudi Arabia embarked on an anti-corruption purge on Sunday involving the arrest of royals, ministers and investors including billionaire Alwaleed bin Talal, one of the kingdom's most prominent businessmen. More »
European stocks, propelled by a weaker euro, were heading for their best monthly gains this year on Friday, but Volkswagen shares sank on further provisions for its diesel scandal settlements. More »
Short sellers are increasingly targeting Hong Kong-listed Chinese companies they allege have committed accounting tricks, market manipulation and fraud. And that’s despite mounting hostility faced by investors who bet against stocks. More »
FILE PHOTO: The sign of AkzoNobel is pictured at its headquarters in Amsterdam, The Netherlands, February 6, 2014. REUTERS/Toussaint Kluiters/United Photos/ X02506/File Photo Activist hedge fund Elliott Advisors has filed a second lawsuit in its attempt to ous... More »
Angel Rondon (R), Odebrecht’s commercial representative in the Dominican Republic, looks on to the judge’s ruling, following the hearing before Supreme Court Judge Francisco Ortega, for bribes paid by Brazilian construction company Odebrecht to obtain public w... More »
FILE PHOTO: Boxes of Ansell condoms are displayed for sale at a local pharmacy in Sydney, Australia, May 16, 2016. REUTERS/David Gray/File Photo April Zhang, a 21-year-old student from Shanghai, reflects the fast-shifting attitudes of China’s younger generatio... More »
Brazil’s president Michel Temer gestures during a meeting of the Pension Reform Commission at the Planalto Palace in Brasilia, Brazil, April 11, 2017. REUTERS/Ueslei Marcelino Brazil’s President Michel Temer denied on Thursday that he hosted a meeting in 2010 ... More »
The sign of AkzoNobel is pictured at its headquarters in Amsterdam February 6, 2014. REUTERS/Toussaint Kluiters/United Photos Dutch paint maker Akzo Nobel (AKZO.AS) said on Wednesday that it had received a request from a group of shareholders led by Elliott Ad... More »
FILE PHOTO: AkzoNobel’s logo is seen in Amsterdam, Netherlands, February 16, 2012. REUTERS/Robin van Lonkhuijsen/United Photos/File Photo Akzo Nobel (AKZO.AS) said it had reported one of its own biggest shareholders, Elliott Advisors, and its suitor PPG Indust... More »
FILE PHOTO: A DNA double helix is seen in an undated artist’s illustration released by the National Human Genome Research Institute to Reuters on May 15, 2012. REUTERS/National Human Genome Research Institute/Handout/File Photo Scientists are getting closer to... More »
The Dupont logo is displayed on a board above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S. on December 22, 2015. REUTERS/Lucas Jackson/File Photo DuPont said on Friday it would buy a unit of FMC Corp and sell its cr... More »
FILE PHOTO: A Hyundai electric car is seen during the 15th Shanghai International Automobile Industry Exhibition in Shanghai April 21, 2013. REUTERS/Carlos Barria South Korea’s Hyundai Motor Co (005380.KS) is developing its first dedicated architecture for ele... More »
U.S. President Donald Trump speaks at the annual Friends of Ireland St. Patrick’s Day lunch honoring Irish Taoiseach Enda Kenny in the U.S. Capitol in Washington, U.S., March 16, 2017. REUTERS/Kevin Lamarque President Donald Trump’s proposal to do away with th... More »
Henderson Global Investors, a shareholder in Akzo Nobel (AKZO.AS), has called on the Dutch paint maker’s management to engage in takeover discussions with U.S. rival PPG Industries (PPG.N). More »
A man wears U.S. dollar sign rings in a jewellery shop in Manhattan in New York City November 6, 2014. REUTERS/Mike Segar Web conferencing provider Premiere Global Services (PGi) is considering a return to the loan market to reprice its debt and even add a lit... More »
The logo of Swiss agrochemicals maker Syngenta is seen at its headquarters in Basel, Switzerland July 22, 2016. REUTERS/Arnd Wiegmann/File Photo China National Chemical Corporation (ChemChina) has extended until April 28 its $43 billion tender offer for Swiss ... More »
FILE PHOTO – The logo of Lotte Hotel is seen at a Lotte Hotel in Seoul, South Korea, June 7, 2016. REUTERS/Kim Hong-Ji/File Photo South Korea’s Lotte Group said Chinese authorities have halted construction at a multi-billion dollar real estate project after a ... More »
The logo of Hyundai Motor is seen on a steering wheel at its dealership in Seoul, South Korea, December 15, 2016. REUTERS/Kim Hong-Ji Hyundai Motor (005380.KS) said on Wednesday it may procure electric vehicle batteries from Chinese companies for a planned Chi... More »
A worker stands outside a factory of Contemporary Amperex Technology Ltd (CATL) in Ningde, Zhejiang province, China, December 16, 2016. Picture taken December 16, 2016. REUTERS/Jake Spring A dusty village on the outskirts of Ningde, a third-tier city in China’... More »
Employees walk past a building of Samsung Electronics in Seoul, South Korea, November 8, 2016. REUTERS/Kim Hong-Ji Samsung Electronics Co Ltd is in talks with LG Chem Ltd to make it one of its smartphone battery suppliers, the Chosun Ilbo newspaper said on Mon... More »
Vietnamese police have detained a prominent blogger for posting anti-state reports, including one about civilians dying in police custody, which they said undermined trust in the ruling Communist Party. More »
A Syngenta logo is pictured in their office in Singapore, February 12, 2016. REUTERS/Edgar Su/File Photo China National Chemical Corp (ChemChina) [CNNCC.UL] has sought antitrust approval for its $43 billion bid for Swiss pesticides and seeds group Syngenta (SY... More »
LONDON A bumper North American railroad bid and three other big tie-ups announced this week have taken the number of takeover deals worth $5 billion or more to a record 128 this year, according to Thomson Reuters data. Pacific Railway’s bid for rival Norfolk S... More »
Companies and organizations are pledging to provide funds, goods and services to help thousands of migrants arriving in Europe from war-torn and impoverished countries. Companies are helping through both corporate and employee schemes. Following are some examp... More »
NEW YORK Chemical giant DuPont Monday will face the first trial in litigation from residents near one of its plants in West Virginia who have accused the company of sickening them by emitting a toxic chemical that leaked into their drinking water. Carla Marie ... More »
