Russia’s Potanin Weighs $60 Billion Metals Merger As Defence Against Sanctions
(Reuters) -Russian businessman Vladimir Potanin has said he is ready to discuss a possible merger between his mining group Nornickel…
July 5, 2022
Wall Street Pushes Up Exxon Forecasts As Refining Margins Soar
HOUSTON (Reuters) – Wall Street analysts sharply increased their Exxon Mobil’s second quarter profit estimates after a securities filing showed…
Spain boosts military spending to close gap with NATO goal
BARCELONA, Spain (AP) — Spain is increasing military spending as it works toward meeting a NATO commitment by dedicating 2%…
Uber Continues Global Expansion With Launch In Israel
JERUSALEM (Reuters) – Uber Technologies Inc said it was launching its ride-hailing and platform in Israel by connecting to a…
Alleged Chinese police database hack leaks data of 1 billion
HONG KONG (AP) — Hackers claim to have obtained a trove of data on 1 billion Chinese from a Shanghai…
Consumer Belt Tightening Hobbles Demand For Solder Metal Tin
By Pratima Desai LONDON (Reuters) – Recession worries and consumer belt tightening have hit demand for electronic goods, which is…
Bank Of England Tells Lenders To Brace For Economic Storm
By Andy Bruce and Huw Jones LONDON (Reuters) -The Bank of England warned on Tuesday that the economic prospects for…
AstraZeneca To Buy Biotech Firm TeneoTwo For Up To $1.27 Billion
(Reuters) -AstraZeneca agreed to acquire biotechnology firm TeneoTwo Inc in a deal worth up to $1.27 billion on Tuesday, in…
Evergrande Electric Vehicle Unit To Start Taking Pre-orders
HONG KONG (Reuters) – China Evergrande New Energy Vehicle Group Ltd said on Tuesday it would start taking pre-orders for…
Sri Lanka PM says talks with IMF difficult due to bankruptcy
COLOMBO, Sri Lanka (AP) — Sri Lanka’s negotiations with the International Monetary Fund on a bailout are more complex and…