In Argentina’s north, a ‘white gold’ rush for EV metal lithium gathers pace
In Argentina’s remote northern Salta province, the silence of the desert landscape is broken only by the hum of machinery pumping salt-water brine to extract lithium, a sign of accelerating efforts to ride the global electric vehicle boom.
UK employee numbers surge above pre-pandemic level
British employers added a record 241,000 staff last month, lifting the total number of employees on company payrolls to just above the level before Britain first went into a COVID-19 lockdown last year, official data showed on Tuesday.
Investors turn bearish on global economy though positioning upbeat – BofA survey
Barely a tenth of respondents in a monthly fund manager survey expect a stronger global economy in the coming months, marking the lowest proportion since last April’s initial COVID-19 panic, Bank of America’s (BofA’s) September edition of the survey showed.
Factbox: Universal to list as music streaming picks up
Vivendi (VIV.PA), the French media conglomerate, is spinning off Universal Music Group, the largest part of its business and the label behind singers such as Taylor Swift, in a listing on the Euronext stock exchange in Amsterdam.
Fortescue sets up new mining pact with Aboriginal group
Fortescue Metals Group (FMG.AX) has reached a deal with the Wintawari Guruma Aboriginal Corporation (WGAC) to oversee development of new mines at its Solomon Hub iron ore operations in Western Australia, the groups said in a statement.
Stop funding coal abroad, NGO group tells top investor Bank of China
Bank of China (BoC) (601988.SS), a top global investor in coal- power plants, must end the financing of such projects outside the mainland and support clean and renewable energy instead, an alliance of 35 non-governmental organisations said on Tuesday.
Oracle revenue falls short of expectations as cloud competition rises
Enterprise software firm Oracle Corp (ORCL.N) fell short of Wall Street expectations for first-quarter revenue on Monday, hurt by competition in the cloud computing space.
Indonesia Aug exports, imports seen staying strong on resources boom
Indonesia’s exports and imports likely continued to surge in August, driven by high prices of the country’s main commodities like coal and palm oil, a Reuters poll showed on Tuesday.
Australia business conditions show promising improvement in August-survey
A measure of Australian business conditions showed a welcome improvement in August as sales and profits weather coronavirus lockdowns in parts of the country, offering hope of a speedy recovery once restrictions ease.
Takeda eyes vaccine business growth as dengue, COVID-19 shots progress – CEO
akeda Pharmaceutical Co (4502.T), which distributes Moderna Inc’s (MRNA.O) COVID-19 shots in Japan, expects vaccines to become a bigger part of its portfolio as shots for dengue fever and COVID-19 near regulatory approval, its chief executive said.
