WASHINGTON (Reuters) -Mining investment firm Cove Capital will develop a large tungsten deposit in Kazakhstan with the state mining firm JSC Tau-Ken Samruk under a deal to be announced by the Trump administration on Thursday. The agreement is part of a suite of deals announced between Washington and Astana to tighten economic partnerships between the …
Cove Capital to mine Kazakhstan tungsten in Trump-announced deal Read More »
By Rodrigo Campos NEW YORK (Reuters) -Venezuela, a debt-defaulted nation with an economy devastated by years of mismanagement and international sanctions, has become a surprise darling of bond investors, with returns for its dollar bonds of over 80% poised to lead emerging markets this year. The surge in prices to six-year highs, on the back …
Venezuela bonds surge as US pressure intensifies on Maduro Read More »
By Stephen Nellis SAN FRANCISCO (Reuters) -A group of eight Republican U.S. senators in a letter on Thursday applauded President Donald Trump’s decision to continue denying China access to Nvidia’s most advanced artificial intelligence chips. The letter comes a day after Nvidia CEO Jensen Huang told the Financial Times that China was likely to beat …
Republican US lawmakers applaud Trump for holding back Nvidia chips from China Read More »
By Helen Reid PARIS (Reuters) -The European Union must take action against Shein, French government officials said on Thursday, saying the Chinese online retailer was in breach of the bloc’s regulations due to the sale of child-like sex dolls and banned weapons on its marketplace. France moved to ban Shein over the illicit products on …
France says EU must investigate Shein over sex dolls, weapons Read More »
BRUSSELS (Reuters) -The European Commission launched an anti-subsidy investigation into tyres for cars and lighter trucks and buses from China on Thursday, citing sufficient evidence that Chinese producers were receiving unfair benefits from the government. The investigation comes on top of an ongoing anti-dumping review of the same product that the EU executive launched in …
By Gilles Guillaume PARIS, November 6 (Reuters) -Renault unveiled its new electric Twingo small car on Thursday as the French automaker seeks to leverage a popular old model name and a price tag of under 20,000 euros ($23,000) to boost its electric vehicle sales. The small city car, developed in two years using an engineering …
Renault revives Twingo with new affordable electric version to boost sales Read More »
BEIJING (Reuters) -Chinese supply chain operator and property developer Xiamen C&D said on Thursday it had signed contracts totalling over $5.2 billion with seven agribusinesses and trading houses including Cargill and Louis Dreyfus Company in Shanghai. The contracts signed covered soybeans, corn and cotton among other goods, the Xiamen-based company said in statements released on …
By Daniel Leussink YOKOHAMA, Japan (Reuters) -Nissan Motor swung back to an operating profit in the second quarter, reporting its best quarterly result in more than a year on Thursday thanks to its efforts to reduce fixed costs under a turnaround plan and stronger sales in North America. Nissan booked 51.5 billion yen ($342 million) …
Nissan returns to operating profit in second quarter, maintains forecast Read More »
By Casey Hall SHANGHAI (Reuters) -A shipment of sorghum has been sent from the United States to China over the last week, Mark Wilson, chairman of the U.S. Grains and BioProducts Council, said on Thursday, the first known cargo following the recent meeting between the two countries’ leaders. “I know after the meeting, one shipment …
AMSTERDAM (Reuters) -Computer chipmaker Nexperia expects to resolve a crisis over control of the company, it said on Thursday, but warned customers it cannot guarantee products made in China after October 13 are authentic and meet quality standards. The Dutch company’s statement said that facilities in other countries are operating as normal. The Dutch government …
Nexperia cannot guarantee quality of chips made in China since October 13 Read More »
