Glencore proposes to buy remaining stake of PolyMet
(Reuters) – Glencore Plc said on Monday it had proposed to buy the remaining stake in copper miner PolyMet Mining…
Global factory output slumps as weak demand weighs
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Global factory activity slumped in June, business surveys showed on Monday, as…
Pakistan shares see biggest one-day gain in 15 years post IMF deal
By Ariba Shahid KARACHI (Reuters) – Pakistan’s benchmark share index scored its biggest single-day jump in 15 years on Monday,…
Hong Kong May retail sales rise 18.4%, sees support from local consumption
HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier in the sixth consecutive month…
Germany plans $18.1 billion in new borrowing for 2024 – sources
By Holger Hansen and Maria Martinez BERLIN (Reuters) -German Finance Minister Christian Lindner is planning 16.6 billion euros ($18.1 billion)…
UK economy shrank slightly less than thought in 2020: ONS
By David Milliken LONDON (Reuters) – Britain’s economy shrank fractionally less than previously estimated in 2020 when the COVID-19 pandemic…
Panasonic needs four more EV battery plants, executive says
By Miho Uranaka OSAKA, Japan (Reuters) -The battery arm of Japan’s Panasonic will need to build four more factories to…
AstraZeneca shares drop as lung cancer trial update lags expectations
By Maggie Fick and Ludwig Burger (Reuters) – AstraZeneca said on Monday an experimental precision drug slowed progression of lung…
Marketmind: Second-half lift, Tesla beat
A look at the day ahead in U.S. and global markets from Mike Dolan A holiday-staggered week for U.S. markets…
German alternative Mastodon gets boost from newly restricted Twitter
BERLIN (Reuters) – Turmoil at Twitter following new limits to the amount of posts users can see appears to be…