Albemarle aims to expand Chile lithium mine in 2028 with new technology
By Alexander Villegas SALAR DE ATACAMA, Chile (Reuters) – Albemarle Corp hopes to expand its lithium operations in Chile’s Atacama…
Business
Activist investor Elliott pushes for changes at Goodyear, shares jump
By Svea Herbst-Bayliss (Reuters) – Activist investor Elliott Investment Management L.P. disclosed a large investment in Goodyear Tire & Rubber…
Analysis-Sterling’s star may fade as focus shifts to squeeze on UK economy
By Naomi Rovnick LONDON (Reuters) -It’s the best performing currency this year in the G10 group of advanced economies against…
China’s JD.com promotes finance chief to CEO role as Xu Lei resigns
(Reuters) -China’s e-commerce giant JD.com Inc said on Thursday its chief executive Xu Lei will step down, with the company’s…
IMF says US default would have ‘very serious repercussions’ on global economy
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Thursday that a U.S. debt default prompted by…
Marijuana banking bill heads to Senate Banking Committee
(Reuters) – Shares of pot companies were trading higher on Thursday as the U.S. Senate Banking Committee prepares to discuss…
Bank of England raises rates and Bailey promises to ‘stay the course’
By David Milliken and Andy Bruce LONDON (Reuters) -The Bank of England raised its key interest rate by a quarter…
US weekly jobless claims hit 1-1/2-year high; inflation subsiding
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits jumped to a 1-1/2-year…
Citgo posts $937 million first-quarter profit on strong margins
By Marianna Parraga HOUSTON (Reuters) -Refiner Citgo Petroleum Corp has reported first-quarter net profit of $937 million on firm motor…
European shares run out of steam by close as Bayer, energy stocks weigh
By Ankika Biswas and Sruthi Shankar (Reuters) -Europe’s benchmark STOXX 600 was unchanged on Thursday as a drag by Germany’s…