By Natalia A. Ramos Miranda EL TENIENTE MINE, Chile (Reuters) – A huge fully electric-powered 14-ton loading shovel has begun operating at Chile’s century-old El Teniente copper mine, in w[...]
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Articles written by Reuters
Nickel prices tumble as LME scrutinises volatile trading
LONDON (Reuters) -The London Metal Exchange (LME) said on Wednesday it was conducting enhanced monitoring of nickel trading after prices fell as much as 12% in volatile and illiquid conditions. The fa[...]
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Micron to supply fewer memory chips in 2023, plans fresh capex cuts
(Reuters) -Micron Technology Inc said on Wednesday it would reduce memory chip supply and make more cuts to its capital spending plan, as the semiconductor firm struggles to clear excess inventory due[...]
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U.S. House committee to hold hearing on collapse of FTX
By David Shepardson WASHINGTON (Reuters) -The U.S. House Financial Services Committee said Wednesday it plans to hold a hearing in December to investigate the collapse of cryptocurrency exchange FTX.[...]
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Reason to be ‘cautiously optimistic’ on renewal of Ukraine grain deal -U.N. source
(Reuters) – A United Nations source on Wednesday said they have reasons to be “cautiously optimistic” on the renewal of the Black Sea grains initiative, which is set to roll over on[...]
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Costco to set new emission cut targets in deal with activist firm
By Ross Kerber (Reuters) – Costco Wholesale Corp will set new targets by next year to cut its greenhouse gas emissions, according to an activist investment firm that said the retailer had been a[...]
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Albertsons $4 billion dividend payment stays on hold as Washington court delays hearing
(Reuters) – Albertsons Companies Inc said on Wednesday its $4 billion dividend payment to shareholders will continue to remain on hold as a Washington state court postponed a scheduled case hear[...]
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Target’s holiday forecast squeezed by ‘stressed’ consumers, shares fall 17%
By Uday Sampath Kumar (Reuters) -Target Corp forecast a surprise drop in holiday-quarter sales on Wednesday, blaming surging inflation and “dramatic changes” in consumer spending for a dro[...]
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U.S. watchdog gained “good access” to audits of Chinese firms -sources
By Xie Yu, Chris Prentice and Julie Zhu HONG KONG/WASHINGTON (Reuters) – U.S. regulators gained “good access” in their review of auditing work done on New York-listed Chinese firms d[...]
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