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11 Mar

London Metal Exchange defends nickel suspension after 'disorderly' trade

The London Metal Exchange (LME) defended its decision to suspend nickel trading and cancel deals earlier this week when prices doubled within hours, saying the market had become disorderly, with prices not reflecting the physical market.

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11 Mar

Oil rises but set for weekly loss as traders assess supply disruptions

Oil prices rose Friday but were still headed for a weekly decline as traders weighed headlines around Russia and Iran suggesting more possible supply disruptions, versus those promising remedies in a tight market.

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11 Mar

Exclusive-Sri Lanka to start talks with IMF on debt restructuring - sources

COLOMBO (Reuters) -Sri Lanka will begin talks with the International Monetary Fund (IMF) next month on a plan to help the crisis-hit country, including assistance with debt restructuring and managing its foreign exchange shortage, three sources said on Friday.

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11 Mar

As EV demand rises, Biden officials warm to new mines

U.S. regulators are warming to approving new domestic sources of electric vehicle battery metals, as Washington bids to avoid a reliance on strategic minerals imports similar to that on crude oil.

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11 Mar

Mercedes-Benz says Russian nationalisation could threaten $2.2 billion in assets

Mercedes-Benz has 2 billion euros ($2.2 billion) in assets that could be threatened by Russian proposals to nationalise the property of foreign firms that leave because of its invasion of Ukraine, the German premium carmaker said.

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11 Mar

Discovery shareholders approve WarnerMedia acquisition

Discovery Inc shareholders voted Friday to approve the media company's $43 billion merger with WarnerMedia, moving the deal one step closer to completion.

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11 Mar

Cargill to scale back business in Russia, keep open food and animal feed facilities

(Reuters) -Global farm commodities trader Cargill Inc said on Friday it was scaling back its business activities in Russia and has stopped investments in the country, but would continue to operate "essential" food and animal feed facilities there.

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  • China receives US equipment to make advanced chips despite new rules-report
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