Lithium producers stay bullish on EVs despite growing headwinds
By Ernest Scheyder and Melanie Burton (Reuters) – The world’s largest lithium producers say they remain bullish on long-term demand…
2023
US plans $425 million Ukraine weapons aid announcement
By Mike Stone WASHINGTON (Reuters) – The Biden administration plans to announce a $425 million military aid package for Ukraine…
Barrick Gold beats Q3 profit estimates on higher production, lower costs
By Divya Rajagopal and Seher Dareen (Reuters) -Barrick Gold Corp beat analysts’ expectations for third-quarter profit on Thursday, as the…
Tesla’s Oct China-made EV sales fall 2.6% from Sept
BEIJING/SHANGHAI (Reuters) – U.S. automaker Tesla delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the…
Shares of Elliman, other realtors fall after $1.78 billion broker commission verdict
By Chibuike Oguh and Jonathan Stempel NEW YORK (Reuters) -Shares of Douglas Elliman, Compass and eXp World Holdings closed lower…
Computer-led equity hedge funds beat human stock-pickers in October
By Carolina Mandl NEW YORK (Reuters) – Hedge funds that trade equities using computer programmes defeated human stock-pickers in October…
Disney’s ESPN could be valued at $24 billion, likely buyers include Apple, Verizon – BofA
(Reuters) – Walt Disney’s ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from…
Gold supported in 2024 by bets on monetary policy easing, Mid-East war risks: Reuters poll
By Harshit Verma (Reuters) – Gold prices will rise in 2024 from this year’s average on bets that global central…
GSK to pay $1 billion for exclusive license to J&J’s hepatitis B therapy
(Reuters) -GSK will pay about $1 billion for exclusive rights to further develop and commercialize Johnson & Johnson’s hepatitis B…
Nvidia shares drop after report of canceled China orders
By Chibuike Oguh NEW YORK (Reuters) -Shares of Nvidia Corp dropped by about 5% to a near five-month low on…