Glencore, automakers to back $1 billion nickel, copper SPAC deal in Brazil
LONDON (Reuters) – Global miner Glencore, Chrysler parent Stellantis and Volkswagen’s battery unit PowerCo have agreed to back a $1…
Business
Analysis-EU pork on a lean streak as higher standards drive up costs
By Gus Trompiz PARIS (Reuters) – Record pig prices could have spurred farmers like Carole Joliff to expand their herd,…
In the Market: For firms, China policy semantics are not the point
By Paritosh Bansal (Reuters) -‘De-risk, not decouple’ are the new buzzwords for Western policy toward China, drawing skepticism from Beijing…
Morgan Stanley, JPMorgan turn bullish on emerging market local bonds
LONDON (Reuters) – Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds,…
China’s Nio cuts prices, ends free battery swapping as sales slide
SHANGHAI (Reuters) -Nio said on Monday it would lower prices for all its models and end free battery swapping services…
UK PM Sunak pitches Britain as future home for AI regulation
LONDON (Reuters) -Prime Minister Rishi Sunak said on Monday Britain could be the global home of artificial intelligence regulation as…
Factbox-Credit Suisse arrivals and departures after UBS seals takeover
ZURICH (Reuters) – UBS followed up the announcement it had closed the takeover of stricken rival Credit Suisse on Monday…
Ryanair eyes slots IAG may hand over as remedies in Air Europa purchase -report
MADRID (Reuters) – Irish airline Ryanair is keen to buy the slots International Consolidated Airlines Group may be forced to…
AB InBev, Molson Coors dent US craft beer competition with cheaper six-packs
By Ananya Mariam Rajesh (Reuters) – Anheuser-Busch InBev and Molson Coors Beverage are set to gain market share from craft…
Odey Asset Management says not gating funds in Crispin Odey succession
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management is not considering imposing exit restrictions on investors in any of…