By Nidal al-Mughrabi and Maayan Lubell GAZA/JERUSALEM (Reuters) -Israel hit Islamic Jihad targets in Gaza for a second day on Wednesday and Palestinian militants launched hundreds of rockets across the border, setting off sirens as far away as Tel Aviv, while Egypt began efforts to mediate an end to the fighting. The second round of…
SANTIAGO (Reuters) -Chile’s senate approved on Wednesday a long-awaited new mining royalty bill, passing it back to the lower chamber for a final vote that could come as early as next week. Chile is the world’s top copper producer and the bill aims to raise taxes on large copper producers. Earlier this week, the government…
By Nandita Bose VALHALLA, N.Y. (Reuters) -U.S. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly to raise the country’s $31.4 trillion debt ceiling or risk throwing the U.S. economy into a recession that would kill thousands of jobs. “We’ve got to fight. We’re going to win this fight,” Biden said…
By Nandita Bose VALHALLA, N.Y. (Reuters) -U.S. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly to raise the country’s $31.4 trillion debt ceiling or risk throwing the U.S. economy into a recession that would kill thousands of jobs. “We’ve got to fight. We’re going to win this fight,” Biden said…
By Archishma Iyer (Reuters) – Australian lithium producer Allkem surged more than 14% on Thursday after announcing a $10.6 billion merger with U.S- based Livent to create the third-largest producer of the key component used in electric-vehicle batteries. Allkem shares soared as much as 14.2% to A$14.740 by 0014 GMT, touching their highest since Nov….
By Andres Gonzalez (Reuters) – Conglomerate Grupo Mexico is set to buy Citigroup Inc’s retail banking operations in Mexico for about $7 billion in a deal that could be announced as early as this week, according to a person familiar with the matter. As part of the deal, Citi will retain a roughly 10% stake…
By John Kemp LONDON (Reuters) -“Think it possible you may be mistaken”, England’s leader Oliver Cromwell demanded in a public letter to the Church of Scotland ahead of the battle of Dunbar in 1650.¹ Cromwell is not known to history for self-doubt or toleration, and the letter was written when he was at the head…
By Andres Gonzalez (Reuters) – Conglomerate Grupo Mexico is set to buy Citigroup Inc’s retail banking operations in Mexico for about $7 billion in a deal that could be announced as early as this week, according to a person familiar with the matter. As part of the deal, Citi will retain a roughly 10% stake…
By Joseph White DETROIT (Reuters) – General Motors Co will consolidate North American sales operations for commercial vehicles, parts and telematics services under a new brand umbrella, GM Envolve, that will compete with Ford Motor Co’s Ford Pro unit and others for revenue from business vehicle fleets. GM executives said the reorganization is aimed at…
By Khalid Abdelaziz and Aidan Lewis DUBAI (Reuters) – Fighting in Sudan’s capital escalated on Wednesday with fierce clashes and air strikes, but rival military factions were reported to be close to a ceasefire agreement in talks in Saudi Arabia. Residents reported ground battles in several neighbourhoods of Khartoum between the army and the paramilitary…
