LA PAZ (Reuters) – Bolivia’s government will not make a final decision on potential lithium mining tie-ups with private partners until December, six months behind its initial schedule, a senior official told state television on Friday. The government is currently evaluating six companies to help mine the country’s untapped lithium riches. One or more could…
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he supported the U.S. central bank’s 0.75 percentage point interest-rate hike this week, adding that supply chain fixes have been slow in coming. “That means that we’re going to have to be more muscular in our policies,” Bostic told American Public Media’s “Marketplace”…
By Lewis Krauskopf NEW YORK (Reuters) – Whipsawing bond yields, surging oil prices and a Federal Reserve bent on squashing the worst inflation in four decades are hampering investors’ ability to assess U.S. stock valuations, even as the market’s tumble creates potential bargains. Without a doubt, stocks are far cheaper than at the start of…
By Jonathan Stempel (Reuters) -The U.S. Environmental Protection Agency was ordered by a federal appeals court on Friday to take a fresh look at whether glyphosate, the active ingredient in Bayer AG’s Roundup weed killer, poses unreasonable risks to humans and the environment. In a 3-0 decision, the 9th U.S. Circuit Court of Appeals agreed…
U.S. airlines canceled high numbers of flights for a second straight day on Friday as they tried to recover from storms while accommodating growing crowds of summer vacationers. By early afternoon in the eastern U.S., airlines has scrubbed more than 1,100 flights after canceling more than 1,700 on Thursday, according to tracking service FlightAware. Airports…
WASHINGTON (AP) — Equating the oil and gas industry to Big Tobacco, United Nations Secretary-General Antonio Guterres said Friday that “fossil fuel producers and financiers have humanity by the throat.” But President Joe Biden wasn’t quite itching for a fight. With both soaring energy prices and a warming planet weighing on the world at the…
By Jonathan Stempel (Reuters) – Someone has bid more than $13.1 million at an online auction to win a final, private lunch with billionaire businessman Warren Buffett to benefit a charity that helps the poor, homeless and people battling substance abuse. The high $13,141,314 bid as of 4 p.m. EDT (2000 GMT) far surpassed the…
By Anthony Boadle BRASILIA (Reuters) -South Korean aerospace and defense company Innospace will be the first private business to send up a rocket from the Alcantara launch center in northern Brazil in December, Brazilian Space Agency President Carlos Moura told Reuters on Friday. Innospace, which plans to make low-cost small satellite launches more accessible from…
(Reuters) – A 650,000-barrel-cargo of Venezuela’s heavy crude chartered by Italy’s oil company Eni is about to set sail carrying the first export of crude to Europe from the U.S.-sanctioned country in two years, following an authorization granted by Washington in May, Refinitiv Eikon data showed on Friday. A second tanker, the very large crude…
ISLAMABAD (AP) — An international watchdog said Friday it will keep Pakistan on a so-called “gray list” of countries that do not take full measures to combat money laundering and terror financing but raised hopes that its removal would follow an upcoming visit to Islamabad to determine its progress. The announcement by Marcus Pleyer, the…
