By Natalia A. Ramos Miranda EL TENIENTE MINE, Chile (Reuters) – A huge fully electric-powered 14-ton loading shovel has begun…
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…
Banque Saudi Fransi sells $700 million in five-year bonds
DUBAI (Reuters) – Banque Saudi Fransi sold $700 million in five-year bonds on Wednesday in the first public dollar bonds…
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…
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…
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…
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…
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…
Portugal’s finance minister backs planned EU debt rule flexibility
By Sergio Goncalves and Aislinn Laing LISBON (Reuters) – Portugal’s finance minister has backed the European Commission’s proposal to change…
Goldman raises forecast for 2023 Fed rate peak by 25 basis points
(Reuters) – Goldman Sachs on Wednesday raised its forecast for the peak in the federal funds rate by 25 basis…