(Reuters) – Piedmont Lithium said on Tuesday it has received a partial prepayment of $31.6 million for the sale of 15,000 dry metric tonnes (dmt) of lithium concentrate under its offtake deal wi[...]
Read moreAugust 29, 2023
Jif peanut butter maker J.M. Smucker lifts profit forecast on higher prices, lower costs
(Reuters) – Jif peanut butter maker J.M. Smucker on Tuesday raised its annual profit forecast on higher prices of its jams, jellies and pet food products as well as moderating costs of packaging[...]
Read moreMarketmind: Quietly absorbing one more Fed hike
A look at the day ahead in U.S. and global markets from Mike Dolan World markets stayed remarkably buoyant even as the chances of one more U.S. interest rate hike have moved firmly onto the radar, wit[...]
Read moreExclusive-Meta’s Canada news ban fails to dent Facebook usage
By Katie Paul and Steve Scherer NEW YORK (Reuters) – Meta’s decision to block news links in Canada this month has had almost no impact on Canadians’ usage of Facebook, data from inde[...]
Read moreInceptio sees big jump in China sales of driver-assist truck tech, plans overseas foray
SHANGHAI (Reuters) – Chinese startup Inceptio expects the number of trucks in China using its driver-assist technology will quadruple by mid-2024 from around 600 currently, and also plans to beg[...]
Read moreExclusive-Ukraine winter wheat sowing seen unchanged despite export crisis
By Pavel Polityuk KYIV (Reuters) – Ukrainian farmers are not expected to reduce the area of winter wheat they sow for the 2024 harvest despite higher logistics costs due to the wartime export cr[...]
Read moreChina companies’ fundraising options narrow after IPO restrictions
By Samuel Shen and Kane Wu SHANGHAI/HONG KONG (Reuters) – China’s surprise move to slow the pace of mainland initial public offerings (IPOs) in an attempt to bolster the secondary market w[...]
Read moreArla cuts sales forecast as consumers opt for cheaper butter, cheese
By Johannes Birkebaek COPENHAGEN (Reuters) – Danish dairy firm Arla lowered its full-year sales forecast on Tuesday, saying inflation and the rising cost of living in Europe were prompting consu[...]
Read moreJapan regulator to monitor potential BOJ impact on regional banks
By Makiko Yamazaki TOKYO (Reuters) – Japan’s financial regulator will closely monitor how central bank policy impacts regional banks, as the world’s third-largest economy approaches[...]
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