Exclusive-Barrick not interested in bidding for Teck’s copper assets
By Divya Rajagopal TORONTO (Reuters) -Barrick Gold Corp is not interested in bidding for the copper assets of Teck Resources…
Business
Tesla resumes U.S. orders for a Model 3 version at lower price, range
(Reuters) -Tesla Inc has resumed taking orders for its Model 3 long-range vehicle in the United States, the company’s website…
33 Democrats urge ban on investor-state dispute provisions in all U.S. trade deals
By David Lawder WASHINGTON (Reuters) – Democratic U.S. lawmakers on Wednesday urged the U.S. Trade Representative and State Department to…
Factbox-Short sellers rake in $1.2 billion in profits as US regional bank stocks suffer
(Reuters) – Short sellers have pocketed $1.2 billion in paper profits betting against U.S. regional lenders in the first two…
Pizza Hut-parent Yum Brands profit sliced by promotions
By Deborah Mary Sophia (Reuters) -Yum Brands Inc missed Wall Street estimates for first-quarter profit on Wednesday, as the Taco…
US Senator Rubio seeks probe of Ford’s Chinese partnership on nickel plant
By David Shepardson WASHINGTON (Reuters) -U.S. Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor Co’s…
Kraft Heinz lifts profit outlook on price hikes, easing costs
By Aatrayee Chatterjee (Reuters) -Kraft Heinz Co raised its full-year profit forecast on Wednesday on the back of higher prices…
TSMC, partners plan to invest up to $11 billion in German fabrication plant -Bloomberg News
(Reuters) -Taiwan Semiconductor Manufacturing Co is in talks with partners to invest as much as 10 billion euros ($11.04 billion)…
Bunge quarterly profit tops estimates on strong demand; 2023 outlook unchanged
By Karl Plume and Sourasis Bose (Reuters) -Agricultural commodities trader Bunge Ltd beat Wall Street estimates for first-quarter profit on…
U.S. Treasury official says June 1 default scenario is ‘best estimate’ but variable
WASHINGTON (Reuters) – The U.S. Treasury’s estimate that it could run short of cash to satisfy all U.S. payment obligations…