Indonesia cuts tax breaks to discourage low quality nickel investment-minister
By Fransiska Nangoy, Stefanno Sulaiman JAKARTA (Reuters) -Indonesia has cut tax incentives to limit investment in lower quality nickel products…
Business
Albemarle agrees $1.5 billion plan to double Australian lithium hydroxide output
MELBOURNE (Reuters) -Albemarle has agreed to double the capacity at its lithium hydroxide processing operations in Western Australia to 100,000…
Australia’s exports to China hit record highs as barriers ease
SYDNEY (Reuters) – Australia’s exports to China surged to record highs in March as the Asian giant sucked in more…
Top US CEO pay rose 7.7% last year, outpacing inflation, study finds
By Ross Kerber (Reuters) – Median pay for top U.S. CEOs rose 7.7% last year to a record $22.3 million,…
Australia’s NAB warns of end to windfall from rising rates
By Byron Kaye and Himanshi Akhand (Reuters) – National Australia Bank Ltd, the country’s No. 2 lender, fell short of…
LATAM Airlines reverses loss, posts $122 million net profit in Q1
(Reuters) – LATAM Airlines reported a first-quarter net profit of $121.8 million, the company said on Wednesday, reversing a net…
Western Alliance says no unusual deposit outflows after First Republic sale
(Reuters) – Western Alliance Bancorp said on Wednesday it had not experienced unusual deposit outflows following the sale of collapsed…
ISS recommends Tesla investors vote against re-election of board chair
SAN FRANCISCO (Reuters) -Proxy advisory firm ISS on Wednesday recommended Tesla investors vote against the re-election of board chair Robyn…
Oklahoma Gov. Stitt sees growing foreign interest in investments in state
By Andrea Shalal WASHINGTON (Reuters) – Oklahoma is seeing a sharp increase in foreign investment interest, especially in its renewable…
Biden administration OKs boost in Chinese airline flights to US
By David Shepardson WASHINGTON (Reuters) -The United States will allow Chinese airlines to increase U.S. passenger services to 12 weekly round-trips, the…