By Julian Luk LONDON (Reuters) -Chile’s Codelco is ending long-term contracts to sell copper concentrate to Chinese clients from 2025, bidding to broaden its product offering to them after evaluating its production outlook, five sources with direct knowledge of the matter said. The sources said Codelco is aiming to replace exclusively copper concentrate deals with…
By David Shepardson (Reuters) -The United Auto Workers strike against the Detroit Three automakers entered its third day on Sunday with no immediate resolution on the horizon. Union negotiators and representatives of General Motors, Ford and Stellantis were set to resume talks starting Sunday, following the start of the most ambitious U.S. industrial labor action…
The mood is generally positive regarding Apple Inc.’s (NASDAQ:AAPL) iPhone 15 release. However, the tech giant isn’t without its challenges. The Scoop: Even with the buzz around the latest iPhone, there’s been a noticeable dip in Apple’s earnings for the past three consecutive quarters. A recent report indicated a 1.4% decline in revenue for…
By Greg Torode and Martin Quin Pollard BEIJING (Reuters) – The disappearance of China’s defence minister, the latest in a string of upheavals in the country’s top ranks, is stoking uncertainty about President Xi Jinping’s rule as an internal security clampdown trumps international engagement. The growing unpredictability could affect the confidence other countries place in…
