BRASILIA (Reuters) -President Luiz Inacio Lula da Silva canceled a meeting on Sunday evening with members of his cabinet that could have decided on whether to replace the chief executive of Brazil[...]
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April 8, 2024
Exclusive – Pegatron in talks with Tata to sell its only India iPhone plant, sources say
By Munsif Vengattil and Aditya Kalra BENGALURU/NEW DELHI (Reuters) – Pegatron is in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group, said[...]
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Despite $90 crude, US oil output capped by weak natgas prices
By Liz Hampton (Reuters) – U.S. crude oil prices last week climbed to their highest this year, but a weak natural gas market, steeper costs and a focus on shareholder returns over new production[...]
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Exclusive-Perpetua Resources gets nod to seek $1.8 billion US loan for antimony mine
By Ernest Scheyder (Reuters) – Perpetua Resources has received a letter of interest from the U.S. Export-Import Bank (EXIM) for a loan worth up to $1.8 billion to develop an antimony and gold mi[...]
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Morning Bid: Wall St eclipsed as June Fed cut in balance
A look at the day ahead in U.S. and global markets from Mike Dolan If investors were looking to the gods for Wall St’s next move, the portents all look a bit ominous. A rare total solar eclipse[...]
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Guyana gas-to-power project to shave weeks off oil output, hit revenue
By Sabrina Valle GEORGETOWN (Reuters) – Guyana’s efforts to use its natural gas resources to fuel a power plant that would slash the South American nation’s energy costs have snagged on co[...]
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A final hurdle: Five questions for the ECB
By Yoruk Bahceli and Stefano Rebaudo (Reuters) -Traders betting the European Central Bank is all but certain to start cutting interest rates in June just need a green light from policymakers on Thursd[...]
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TSMC wins $6.6 billion US subsidy for Arizona chip production
By David Shepardson and Stephanie Kelly WASHINGTON (Reuters) -The U.S. Commerce Department said on Monday it would award Taiwan Semiconductor Manufacturing Co’s (TSMC) U.S. unit a $6.6 billion s[...]
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X challenges Brazil’s ‘forced’ order to block certain accounts
(Reuters) – X Corp, formerly Twitter, has been “forced by court decisions” to block certain popular accounts in Brazil and is prohibited from giving details of the order, the company[...]
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