MELBOURNE (Reuters) -Australia has won the backing of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investment to support the industry’s growth. Australia supplies around half of the world’s lithium as well as other minerals like rare earths used in batteries for…
MELBOURNE (Reuters) -Australia has won the support of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investment to support the industry’s growth. Australia supplies around half of the world’s lithium as well as other minerals like rare earths used in batteries for…
By Florence Tan SINGAPORE (Reuters) -Oil prices slipped on Monday as caution around the U.S. debt ceiling talks and concerns about demand recovery in China offset support from lower supplies from Canada and OPEC+ producers. Brent crude futures fell 48 cents, or 0.6%, to $75.10 a barrel by 0201 GMT while U.S. West Texas Intermediate…
SHANGHAI/SINGAPORE (Reuters) – China kept its benchmark lending rates unchanged for the ninth straight month on Monday, matching market expectations for May. China’s one-year loan prime rate (LPR) was kept at 3.65% and its five-year LPR was unchanged at 4.30%. In a Reuters poll of 26 market watchers conducted last week, 23 predicted no change…
(Reuters) -Meta Platform Inc’s Instagram was back up for most users, the company said on Sunday, after a technical issue that disrupted services to thousands of people had been resolved. “Earlier today, a technical issue caused some people to have trouble accessing Instagram. We resolved the issue as quickly as possible for everyone who was…
(Reuters) -Warner Bros Discovery Chief Executive David Zaslav was booed by students after taking the stage at Boston University to accept his honorary degree and give the 2023 commencement speech, amid an ongoing strike by film and television writers over pay, videos that surfaced on social media show. The Hollywood Reporter first reported the incident…
(Reuters) – Meta Platform Inc’s Instagram is down for more than 98,000 users on Sunday, according to outage tracking website Downdetector.com. Downdetector tracks outages by collating status reports from several sources including users. (Reporting by Urvi Dugar in Bengaluru; Editing by Lisa Shumaker)
By Ross Kerber and Simon Jessop (Reuters) – The absence of women from the slate of potential Morgan Stanley CEO successors underscores the importance of cultivating and keeping diverse talent, corporate governance experts say. Morgan Stanley co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz, are the front-runners to succeed James…
By David Morgan, Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, after a “productive” phone call as the president headed back to Washington, the two sides said on Sunday. McCarthy, speaking to reporters at the U.S….
By David Morgan, Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt limit on Monday after a “productive” phone call as the president headed back to Washington, the top House Republican leader said on Sunday. McCarthy, speaking to reporters following the…
