South Korea's Posco to invest $4 billion in lithium project in Argentina

South Korean steelmaker Posco said on Monday it will invest $4 billion in a new lithium mining project in Argentina, as the company seeks to tap into soaring demand for the key rechargeable battery metal.

newspaper

21-03-2022

Rhode Island reaches $107 million opioid settlements with drugmakers

Rhode Island's attorney general on Monday announced settlements he valued at $107 million against the drugmakers Teva Pharmaceutical Industries and AbbVie's Allergan unit to resolve claims over their roles in fueling an opioid epidemic in the state.

newspaper

21-03-2022

Rhode island reaches opioid settlements valued at $107 million

Rhode Island's attorney general on Monday announced settlements he valued at $107 million against the drugmakers Teva Pharmaceutical Industries and AbbVie's Allergan unit to resolve claims over their roles in fueling an opioid epidemic in the state.

newspaper

21-03-2022

Dollar gains ground after Powell comments

The dollar strengthened against a basket of major currencies on Monday, in the wake of comments from U.S. Federal Reserve Chair Jerome Powell that opened the door for the central bank to take a more aggressive monetary policy path.

newspaper

21-03-2022

Polish central bank's programme to allow Ukrainians to convert cash to start on Friday

Poland's central bank signed an agreement with the National Bank of Ukraine that will allow every adult Ukrainian refugee to convert up to 10,000 hryvnias ($341.88) to Polish zloty starting from March 25, it said on Monday.

newspaper

21-03-2022

Quotes: Fed's Powell says bigger hikes may be needed to tame inflation

The U.S. central bank must move "expeditiously" to bring too-high inflation to heel, Federal Reserve Chair Jerome Powell said on Monday, adding that it could use bigger-than-usual interest rate hikes if needed to do so.

newspaper

21-03-2022

Fed's Powell says bigger hikes may be needed to tame inflation

The U.S. central bank must move "expeditiously" to bring too-high inflation to heel, Federal Reserve Chair Jerome Powell said on Monday, adding that it could use bigger-than-usual interest rate hikes if needed to do so.

newspaper

21-03-2022

Dollar little changed with Powell on deck

The dollar was little changed versus a basket of major currencies on Monday, as investors looked toward comments from U.S. Federal Reserve Chair Jerome Powell and from a host of other Fed policymakers this week for insight on monetary policy.

newspaper

21-03-2022