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Analysis-Investors expand footprint in commodity trade finance as banks retreat

BY Reuters  • November 15, 2022November 15, 2022
By Julia Payne, Pratima Desai and Peter Hobson LONDON (Reuters) – Hedge funds have stepped up financing of trade in commodities such as oil, gas, cocoa and copper as banks hit the limit of what[...]
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Business Economy Europe UK US

Chile’s Escondida mine workers announce strike amid labor demands

BY Reuters  • November 15, 2022November 15, 2022
SANTIAGO (Reuters) -Workers of Chile’s Escondida mine, the world’s largest copper mine, decided to go on strike on Nov. 21 and 23 due to labor demands, their union said on Tuesday. Members[...]
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Asia Australia Business Economy Entertainment and Lifestyle Europe Latin America UK Updated

Ford must bring more work in-house to preserve jobs – CEO

BY Reuters  • November 15, 2022November 15, 2022
By Joseph White DETROIT (Reuters) – Ford Motor Co Chief Executive Jim Farley said on Tuesday the automaker will need to build more components for electric vehicles in its own factories so[...]
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Business Economy Europe US

More chip production needed in Europe, Infineon CEO says

BY Reuters  • November 15, 2022November 15, 2022
By Christina Amann MUNICH (Reuters) – Infineon Technologies AG Chief Executive Jochen Hanebeck supports contract manufacturers building more chip factories in Europe to reduce his company’[...]
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