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Lundin Weighs Sale of Zinc Mines in Sweden and Portugal
Livemint· 3 days agoLundin Mining Corp. is considering a potential sale of two European zinc mines as the Canadian metals producer turns its focus to copper in Latin America, according to people familiar with the ...
WestJet Mechanic Strike Is Averted Before Canada Holiday Weekend
Livemint· 3 days agoPrime Minister Justin Trudeau’s government has stepped in to prevent a strike that could have roiled air travel during the Canada Day holiday weekend. Labor Minister Seamus O’Regan directed ...
Nvidia Corp: $500 billion wiped off in a week; stock falls 13%. Here's why
Livemint· 6 days agoThe stock has fallen 13% since briefly overtaking Microsoft Corp. last week as the world’s most valuable company. The abrupt reversal has included some tell-tale signs of capitulation, according ...
Federal Reserve Floats Weaker Version of Planned Bank-Capital Overhaul
Livemint· 6 days agoThe revisions would walk back key parts of the landmark proposal — including one that might have had a large effect on big banks with sizable trading businesses, said the people, who asked not ...
Copper Extends Slide on Soft Chinese Demand and Stronger Dollar
Livemint· 4 days agoThe metal has shed 14% since rocketing to a record above $11,000 a ton in May. Soft market conditions in top consumer China have handed copper’s more bullish investors a reality check, and prices ...
Exxon Plans New Guyana Oil Project to Lift Output Into 2030s
Livemint· 5 days agoExxon Mobil Corp. took the first step toward its seventh oil project in Guyana, a clear signal the supermajor intends to expand crude output from the South American nation into the next decade ...
Macron and Scholz’s Move to Hijack Summit Enrages EU Leaders
Livemint· 3 days agoFrance and Germany are used to getting their way on the EU stage. Other member states reacted furiously when President Emmanuel Macron and Chancellor Olaf Scholz attempted to force through a ...
NFL Hit With $4.7 Billion Damages in Sunday Ticket Trial
Livemint· 3 days agoThe National Football League was hit with about $4.7 billion in damages — which stands to be tripled to $14 billion under federal law — after losing a jury trial over anticompetitive features ...
Rite Aid Averts Total Closure, Wins Restructuring Plan Approval
Livemint· 2 days agoRite Aid Corp. has been cleared to exit bankruptcy after winning court approval on a restructuring plan that’s poised to save the ailing pharmacy chain from liquidation by handing control of ...
One in Three BOJ Watchers Expects July Hike Along With QT Plan
Livemint· 5 days agoSome 33% of 43 economists said the upper bound of the policy rate will be raised from 0.1% at the board meeting that concludes on July 31, the survey conducted on Tuesday showed. When the BOJ ...