By Clara Denina and Veronica Brown LONDON (Reuters) – Sigma Lithium’s chief executive won’t sell the miner at current lithium price levels and is concentrating on its near-term expansion plans, she told Reuters in an interview. The Vancouver-based company, whose main business is a hard rock lithium project at Brazil’s Grota do Cirilo, started scouting…
By Anirban Sen and Milana Vinn (Reuters) -Google parent Alphabet has been talking to its advisers about the possibility of making an offer for HubSpot, an online marketing software company with a market value of $35 billion, people familiar with the matter said. If Alphabet moves ahead with a bid, it would be a rare…
By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden will speak by phone with Israeli Prime Minister Benjamin Netanyahu on Thursday, three days after Israel launched an attack in which seven World Central Kitchen aid workers were killed, a U.S. official said. The White House has described Biden as outraged and heartbroken by the attack…
Apr 3 (Reuters) – Walt Disney shareholders have backed Chief Executive Bob Iger and other company directors, ending a multimillion-dollar mud-slinging battle launched by activist investors Trian Fund Management and Blackwells Capital. The vote to re-elect all 12 of Disney’s current board members, announced at the company’s annual shareholder meeting on Wednesday, defeated the campaign…
SEOUL (Reuters) – SK Hynix, the world’s second-largest memory chip maker, said on Wednesday it will invest around $3.87 billion to build an advanced packaging plant and research and development facility for AI products in the U.S. state of Indiana. The new plant will include an advanced chip production line to mass-produce next-generation high bandwidth…
(Reuters) -Bank of America (BofA) Global Research has raised its 2024 Brent and WTI oil price forecasts, citing escalating geopolitical tensions and the OPEC+ producer group maintaining supply curbs. The bank now expects Brent and WTI crude prices this year to average $86 and $81 per barrel respectively, with prices of both peaking around $95…
By Herbert Lash and Kevin Buckland NEW YORK/TOKYO (Reuters) – Gold prices hit fresh all-time peaks on Monday with stocks on Wall Street closing mixed as optimism that the Federal Reserve was near to cutting interest rates faded due to a strong U.S. economy that rebuts the need for cuts anytime soon. Chinese shares led…
By Shariq Khan and Laura Sanicola (Reuters) – Gasoline prices for U.S. motorists could jump by as much as 15 cents a gallon, with global fuel supplies tighter after Ukraine’s recent attacks on Russian refineries, Patrick De Haan, petroleum analyst at GasBuddy.com said on Monday. WHY IT’S IMPORTANT Rising gasoline prices could hinder the U.S….
(Reuters) – OpenAI will start allowing users to access its free-to-use ChatGPT generative AI chatbot without needing to sign up for the service beginning Monday, the Microsoft-backed startup said on Monday. ChatGPT, which kickstarted the GenAI boom in late 2022, can mimic human conversation and perform tasks such as creating summaries of long text, writing…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Cloud communications company Twilio has appointed a partner at Sachem Head Capital Management to its board, it said on Monday, as it faces pressure from several activist investment firms to make significant changes. Twilio added Andy Stafman and expanded the size of the board by one person to…
