By Julia Harte (Reuters) – Abortion rights advocates and opponents are set to mark this week’s one-year anniversary of the U.S. Supreme Court’s decision to overturn the landmark 1973 Roe v. Wade ruling that had legalized the procedure nationwide with events to rally voters and highlight the ongoing fights over access. The ruling, whose anniversary…
(Reuters) – Newmont said on Tuesday it would defer making an investment decision about its Yanacocha Sulfides expansion project in Peru by at least two years. Last year, the company deferred the decision deadline for the $2 billion project that is expected to extend the life of Newmont’s Yanacocha gold mine beyond 2040 to the…
(Reuters) -VF Corp on Tuesday appointed former Logitech boss Bracken Darrell as its new CEO, at a time when the footwear and apparel maker is struggling with sluggish demand for its Vans sneakers and Timberland boots. Darrell stepped down as head of computer accessories maker Logitech International after a 10-year stint last week, and will…
(Reuters) -Carlyle Group Inc named company veteran John Redett as its new chief financial officer, the investment firm said on Tuesday, in the first major appointment under Chief Executive Officer Harvey Schwartz’s leadership. Redett, who will take over from Curt Buser on Oct. 1, joined Carlyle 16 years ago and currently leads the firm’s global…
By Joanna Plucinska and Valerie Insinna PARIS (Reuters) -Ukraine is in negotiations with Western arms manufacturers to boost production of weapons, including drones, and could sign contracts in coming months, a Ukrainian minister told Reuters. Since Russia’s invasion of Ukraine last year Ukraine has been scrambling to secure weapons ranging from munitions to rocket launchers…
(Reuters) -Energy company NiSource said on Tuesday it would sell a minority stake in its unit, NIPSCO, for $2.15 billion to asset manager Blackstone’s infrastructure unit. The transaction will help Nisource cut debt and fund its transition towards renewable energy, the company said. NIPSCO is an integrated electric- and gas-distribution unit that operates in Indiana…
(Reuters) – Hyundai Motor, the No. 3 global automaker by sales with its affiliate Kia Corp, outlined plans on Tuesday for a deepened push into battery development, steps to cut the cost of new electric vehicles and a restructuring of its China operations. Here are some of the highlights from Hyundai’s investor day presentation: CHINA…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St looks set to return from the ‘Juneteenth’ holiday in a slightly more cautious mood as hawkish European policymakers contrast with another interest rate cut in China and as U.S. housing dominates the data slate. Both the S&P500 and Nasdaq…
By Jonathan Saul LONDON (Reuters) – Libra Group said it aims to become the world’s first space leasing company offering satellites, space ports and other infrastructure, and is setting up a ground station in the Alaskan Arctic, vital for polar orbits that monitor climate change. “There is no space leasing company,” George Logothetis, the executive…
By Arathy Somasekhar HOUSTON (Reuters) – U.S. sweet and sour oil differentials narrowed significantly this month, pricing data showed, as demand for higher sulfur crudes climbed from refineries and exporters while supplies tightened. The spread between Light Louisiana Sweet and Mars sour crude, both priced in Louisiana, narrowed to $1.70 a barrel last week from…
