Chinese-owned copper mine in Peru may halt production over unrest

The huge Chinese-owned Las Bambas copper mine in Peru, normally the supplier of 2% of the metal worldwide, could halt production this week due to protests and blockades that are starting to snarl output of the red metal amid already tight global supply.

newspaper

30-01-2023

Oil falls as rate hikes loom and Russian flows stay strong

LONDON (Reuters) -Oil prices extended losses on Monday as looming increases to interest rates by major central banks and signs of strong Russian exports offset rising Middle East tension over a drone attack in Iran and hopes of higher Chinese demand.

newspaper

30-01-2023

Twitter says users will be able to appeal account suspension

Twitter users will be able to appeal account suspensions and be evaluated under the social media platform's new criteria for reinstatement, starting Feb. 1, the company said on Friday.

newspaper

28-01-2023

Intel says it will recover share from AMD but some are skeptical

OAKLAND, Calif/BANGALORE (Reuters) -Microprocessor giant Intel Corp has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this year, but analysts aren't so sure.

newspaper

27-01-2023

Electric vehicles throw Palladium's mega-rally into reverse

An era of breathtaking palladium rallies is likely to be ending, analysts said, as rising supply and stagnant demand erode prices of the metal used to neutralise vehicle exhaust emissions.

newspaper

27-01-2023

Stumbling Intel, seeing AMD gain ground, says it will recover balance

Microprocessor giant Intel Corp has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this year.

newspaper

27-01-2023

For automakers, the EV surge is everything everywhere all at once

The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault and Nissan Motor Co to restructure their alliance and Elon Musk's declaration that Tesla Inc will be the world's No. 1 automaker by a wide margin have one thing in common: What once defined the global auto industry's center is no longer holding.

newspaper

26-01-2023