By Hannah Lang (Reuters) -Cryptocurrency exchange Coinbase on Thursday beat estimates for third-quarter revenue, but saw trading volumes decline for the second quarter in a row, sending shares of the company down in after-hours trading. Trading volumes at the crypto exchange in the third quarter came in at $11 billion, compared with $26 billion a…
By Ernest Scheyder and Melanie Burton (Reuters) – The world’s largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing. LG Energy Solution, General Motors, Honda and other auto and…
By Mike Stone WASHINGTON (Reuters) – The Biden administration plans to announce a $425 million military aid package for Ukraine on Friday including counter drone rockets and munitions, two U.S. officials said on Thursday. The package is not expected to include additional ATACMS missiles. Senior congressional Republicans have urged President Joe Biden to send longer-range…
By Divya Rajagopal and Seher Dareen (Reuters) -Barrick Gold Corp beat analysts’ expectations for third-quarter profit on Thursday, as the Canadian gold miner benefited from increased production and higher bullion prices. The Toronto-based company also said it was on track to meet targets at its copper projects like Reko Diq in Pakistan and Lumwana in…
BEIJING/SHANGHAI (Reuters) – U.S. automaker Tesla delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the China Passenger Car Association (CPCA) said on Thursday. Sales of China-made Model 3 and Model Y cars edged up 0.6% from a year earlier. Chinese rival BYD, which makes EVs and hybrid models from its…
