Notizia

Asian shares tumbled on Tuesday after Wall Street officially entered bear market territory and bond yields hit a two-decade high on fears aggressive U.S. interest rate hikes would push the world's largest economy into recession.

Australia's Lynas Rare Earths said on Tuesday it has signed a $120 million follow-on contract with the U.S. Department of Defense to build a commercial heavy rare earths separation facility in Texas.

TORONTO (Reuters) -Canada's main stock market tumbled back into correction territory on Monday and the dollar weakened against its U.S. counterpart as investors raised bets on how high central banks would lift interest rates to tackle inflation.

Canada's main stock market tumbled back into correction territory on Monday and the dollar weakened against its U.S. counterpart as investors raised bets on how high central banks would lift interest rates to tackle inflation.

(Reuters) -Prologis Inc, a warehouse-focused real estate income trust (REIT), said on Monday it would acquire peer Duke Realty Corp for about $26 billion, including debt, in an all-stock deal, making it one of the largest transactions in the booming REIT sector.

(Reuters) -Prologis Inc will acquire Duke Realty Corp in a nearly $26 billion all-stock deal, including debt, the companies said on Monday, as the world's largest warehouse owner seeks to bolster its portfolio amid concerns over cooling demand.

The benchmark S&P 500 was down more than 20% from its Jan. 3 record closing high in midday trading on Monday, as investors sold stocks amid worries over whether the Federal Reserve will be able to tame inflation without triggering a recession.

The chief executives of General Motors Co, Ford Motor Co, Chrysler-parent Stellantis NV and Toyota Motor North America on Monday urged Congress to lift a cap on the $7,500 electric vehicle tax credit, saying it will "provide much-needed certainty to our customers and domestic workforce," according to a letter seen by Reuters.

SEOUL (Reuters) -LG Energy Solution said on Monday it will invest 730 billion won ($567.76 million) to expand its production capacity at its Ochang production site in South Korea.