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(Reuters) -Steelmaker Nucor said on Wednesday it had halted certain production at various locations after identifying a cyber security incident that involved unauthorized third-party access to certain information technology systems it used. The Charlotte, North Carolina-based company said it is in the process of restarting the affected operations as it investigates the incident along with …

Steelmaker Nucor halts some production after cyber security incident Read More »

By Saeed Azhar and Megan Davies NEW YORK (Reuters) -Goldman Sachs President John Waldron said a recent lightening up of U.S. dollar assets by investors had shown them returning to more neutral positions on the currency, rather than a wholesale “run for the gates.” Financial markets have witnessed a roller-coaster ride in the initial few …

Goldman Sachs says investors trim dollar holdings, return to neutral position on US Read More »

By Marc Frank HAVANA (Reuters) – Cuban annual raw sugar production will fall below 200,000 metric tons in 2025 for the first time since the 19th century, potentially leaving rum makers short of a key ingredient, according to recent official reports and an industry source. State-run monopoly AZCUBA planned to produce 265,000 metric tons of …

Cuban sugar production falls further, rattling rum makers Read More »

(Reuters) -Tesla’s board has formed a special committee to review CEO Elon Musk’s compensation, which could result in a new stock options package, the Financial Times reported on Wednesday. The two-member committee comprises Tesla board Chair Robyn Denholm and independent board member Kathleen Wilson-Thompson, the newspaper reported, citing several people familiar with the matter. Tesla …

Tesla board explores new pay deal for CEO Elon Musk, FT reports Read More »

By Scott Murdoch and Kane Wu SYDNEY (Reuters) -Chinese battery maker CATL is set to price its shares at HK$263 ($33.70) each and increase the size of the company’s Hong Kong listing, according to two sources with direct knowledge of the matter, raising about $4.6 billion. It would be the largest listing globally in 2025, …

China’s CATL set to price shares at HK$263 each in $4.6 billion Hong Kong listing, sources say Read More »

By Rishav Chatterjee and Christine Chen (Reuters) -Australia’s Woodside Energy said on Wednesday it has agreed to explore opportunities to collaborate with Saudi Aramco, which might take a stake in its $17.5 billion Louisiana liquefied natural gas project. Shares in Australia’s top gas producer surged nearly 4% after the announcement. The agreement, which could also …

Australia’s Woodside says Saudi Aramco might buy into its Louisiana LNG project Read More »