By Marco Aquino LIMA (Reuters) -Workers at the Chinese-owned Las Bambas copper mine in Peru will kick off an “indefinite” strike beginning next week after the miner failed to deliver infor[...]
Read more
November 20, 2023
Zoom lifts annual results forecast as AI features boost demand
By Samrhitha A (Reuters) -Zoom Video Communications raised its annual revenue and profit forecasts on Monday, as hybrid work trends and the integration of artificial intelligence technology into its p[...]
Read more
Rivian CEO Scaringe assumes direct responsibility for product development
By Abhirup Roy and Bhanvi Satija (Reuters) -Rivian Automotive said on Monday that CEO RJ Scaringe would directly oversee all product development effective immediately as the electric-vehicle maker gea[...]
Read more
Fisker’s accounting chief Beuting resigns within two weeks of joining
(Reuters) -Fisker said on Monday its chief accounting officer Florus Beuting has resigned, within two weeks of being appointed to the role. Beuting, who expressed his intent to resign on Nov. 14, was[...]
Read more
Morgan Stanley urges higher quality corporate bonds as 2024 maturities approach
By Matt Tracy (Reuters) – Investment bank Morgan Stanley is recommending that corporate bond investors focus on higher quality investment-grade and high-yield bonds headed into next year, as a w[...]
Read more
US commercial property loan activity to drop off in Q4 after Q3 pickup -DBRS
By Matt Tracy (Reuters) – Issuance of securities backed by U.S. commercial real estate (CRE) loans posted a rare rebound last quarter, but sector struggles will likely persist through 2023, acco[...]
Read more
Exclusive-First Quantum plans maintenance for Panama copper mine amid protests -sources
By Divya Rajagopal and Julian Luk TORONTO/LONDON (Reuters) -Canada’s First Quantum Minerals will carry out maintenance at its Panama mine from Nov. 23 due to coal supplies being blocked by prote[...]
Read more
GM will not advertise in Super Bowl, first time since 2019
By David Shepardson (Reuters) -General Motors said on Monday it will not advertise in the 2024 Super Bowl, the first time since 2019 it will sit out the heavily watched NFL championship game as it cut[...]
Read more
GM Cruise cofounder, senior exec Dan Kan quits day after CEO exit
By Greg Bensinger (Reuters) -General Motors’ Cruise co-founder and chief product officer Daniel Kan has resigned, the company told Reuters on Monday, a day after Cruise CEO Kyle Vogt quit. Kan a[...]
Read more