South32 takes $1.3 billion hit against Hermosa; Q4 output steady
By Navya Mittal and Rishav Chatterjee (Reuters) -Australian diversified miner South32 on Monday said it will take an about $1.3…
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Adidas and Puma bet on ‘terrace’ sneaker trend in tough market
By Helen Reid and Linda Pasquini LONDON (Reuters) – The trend for low-rise rubber-soled “terrace” sneakers could give Adidas and…
S&P lowers Bangladesh’s rating outlook to negative on liquidity risks
By Ruma Paul DHAKA (Reuters) -S&P Global Ratings on Tuesday lowered Bangladesh’s long-term rating outlook to negative from stable, citing…
‘Barbie’ buzz likely just a flash in the pan for toymaker Mattel
By Savyata Mishra (Reuters) -The fanfare around Margot Robbie-starrer “Barbie” could jolt the iconic Mattel doll’s sales out of a…
US sues Texas over floating border barriers
By Eric Beech and Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department on Monday sued Texas over floating barriers installed…
Cryptoverse: Ripple effect as explosive XRP leads market charge
By Medha Singh and Lisa Pauline Mattackal XRP has become the unlikely white knight of crypto, thwarting its regulatory foes…
Australia’s Wesfarmers to merge discount stores Kmart and Target
(Reuters) – Australian retail conglomerate Wesfarmers said on Tuesday it will merge the business units of its budget department store…
Marketmind: Earnings, China hold spotlight ahead of big rates decisions
A look at the day ahead in European and global markets from Tom Westbrook Earnings and hope for a turning…
China state banks seen selling US dollars to prop up yuan -sources
SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot…
Vietnam aims to raise annual raw rare earths output to 2 million t/yr by 2030
By Khanh Vu HANOI (Reuters) – Vietnam aims to raise its rare earths production to 2.02 million tonnes of unprocessed…