By Brijesh Patel and Polina Devitt LONDON (Reuters) – The rate at which platinum is displacing palladium in the manufacture of autocatalysts is slowing due to the sister metals approaching price parity, a trend which is likely to persist through this year, analysts said. Growing use of platinum in autocatalysts that reduce harmful emissions from…
By Trevor Hunnicutt and Nandita Bose COLUMBIA, South Carolina (Reuters) -U.S. Vice President Kamala Harris warned Americans that their freedom is under threat as she commemorated Martin Luther King Jr. Day in early-voting South Carolina on Monday, wielding the civil-rights icon’s legacy to urge Black voters to join Democrats to win the 2024 election. Harris…
By Jana Choukeir, Ahmed Elimam and Robert Harvey DUBAI (Reuters) -Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same vessel and its oil by the U.S., Iranian state media reported, a move likely to stoke regional tensions. The seizure of the Marshall…
By Robert Harvey, Natalie Grover and Ahmad Ghaddar LONDON (Reuters) -At least six more oil tankers were steering clear of the southern Red Sea on Monday, as disruptions increase on the vital route for energy shipping in the wake of U.S.-led strikes against Houthi targets in Yemen. Following the U.S. and British strikes, the U.S.-led…
TOKYO (Reuters) -Toyota Motor plans to produce about 10.3 million vehicles globally in 2024, renewing its record annual production for the second consecutive year, the Nikkei reported on Monday. Toyota is preparing to increase production thanks to strong sales of hybrid vehicles. The shortage of automotive semiconductors and other components is also easing, the Nikkei…
(Reuters) – Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier. “We expect much stronger GDP growth in 2024 than consensus and see a much lower risk of recession, ” Goldman Sachs said in a note on Sunday. (Reporting by Priyadarshini Basu in Bengaluru; Editing by Sonia Cheema)
By Tom Westbrook and Ankur Banerjee SINGAPORE (Reuters) -Taiwan’s election could allay global concerns about the island’s relations with China, while prompting a light selloff domestically on Monday as investors worry the result could hinder economic policy. Vice President Lai Ching-te won the presidency on Saturday, the third consecutive term for his ruling Democratic Progressive…
By Brendan O’Brien and Rich McKay CHICAGO (Reuters) -Tens of millions of Americans were in the pathway of dangerous and damaging weather conditions as snowstorms moved across the Northwest and Midwest, flooding threatened the East Coast and potential tornadoes were on tap in the South. Airlines delayed more than 7,600 flights across the U.S. on…
(Reuters) – Chinese electric car-maker BYD has held talks with Brazil’s Sigma Lithium over a possible supply agreement, joint venture or acquisition, the Financial Times reported on Sunday. BYD met Sigma Chief Executive Ana Cabral Gardner in Sao Paulo last month, BYD’s Brazilian chair, Alexandre Baldy, told the newspaper, but did not give details, citing…
(Reuters) – Alaska Airlines has begun preliminary inspections on some of its Boeing 737-9 MAX aircrafts this weekend, adding that up to 20 planes could undergo inspection, the company said on Saturday. The carrier also said it would initiate and enhance its own layers of quality control to the production of the airplane and has…
