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24 Mar

Real estate leader on NY Fed board warns on commercial real estate risks

An executive who also serves on the board overseeing the New York Federal Reserve warned on Twitter Friday of potentially systemic problems in the real estate finance market and called on the industry to work with authorities to avoid things getting out of hand.

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24 Mar

US judge dismisses ex-Barclays trader's whistleblower lawsuit

NEW YORK (Reuters) -A U.S. judge on Friday dismissed a former Barclays Plc trader's whistleblower lawsuit accusing the British bank of firing him after he complained it ignored basic risk management and violated its own policies for detecting rogue trading.

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22 Mar

Albemarle to build $1.3 billion lithium plant in South Carolina

(Reuters) -Albemarle Corp said on Wednesday it had chosen Chester County, South Carolina, as the location for a $1.3 billion lithium processing plant it hopes will cement its status as a cornerstone of the rapidly growing U.S. electric vehicle industry.

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24 Mar

US judge dismisses former Barclays trader's whistleblower lawsuit

A U.S. judge on Friday dismissed a former Barclays Plc trader's whistleblower lawsuit accusing the British bank of firing him after he complained it ignored basic risk management and violated its own policies for detecting rogue trading.

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22 Mar

Albemarle to invest over $1 billion in lithium plant as EV battery demand grows

(Reuters) -Albemarle Corp said on Wednesday it would invest at least $1.3 billion in its new lithium hydroxide plant in Chester County, South Carolina, to help meet growing demand for batteries that power electric vehicles.

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24 Mar

GEM plans nickel joint venture in South Korea to serve US demand

China's GEM Co Ltd, a battery and material recycler, has signed a joint venture agreement with SK On and ECOPRO Materials to set up a plant in South Korea to meet the conditions of the U.S.Inflation Reduction Act (IRA), it said on Friday.

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21 Mar

Fox News producer says network coerced her testimony in Dominion case

NEW YORK (Reuters) -A Fox News producer filed a lawsuit accusing network lawyers of pressuring her to provide misleading testimony in a lawsuit accusing Fox of promoting Donald Trump's false claims of election fraud.

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