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Deadly Floods in Indonesia Leave Hundreds Missing

Hundreds of people have been killed and millions displaced as extreme weather has ravaged Southeast Asia this month. Indonesia’s heavy rain was linked to two tropical cyclones. By Jin Yu Young and ...

REUTERS 2022-09-15T05:59:54+00:00

Industrial users flee LME nickel, deepening market fissures

The London Metal Exchange faces a struggle to regain its dominant position in global nickel trading as volumes slide and participants flee an increasingly volatile market in the wake of trade mayhem earlier this year.

REUTERS 2021-08-15T12:00:00+00:00

Who is eligible for a third COVID-19 vaccine dose in the U.S.?

U.S. health officials have authorized a third dose of COVID-19 vaccines from Pfizer Inc (PFE.N) and Moderna Inc (MRNA.O) for people with compromised immune systems, based on evidence that the standard two shots offered less robust protection in such populations.

REUTERS 2023-12-05T13:27:24+00:00

CATL prepares to power up wildest electric dreams

Why would the world’s largest battery maker want to sell shares when it’s already flush with liquidity? After a plan to raise more than $5 billion in Switzerland stalled in March, CATL is now considering adding a Hong Kong listing to its Shenzhen-traded stock as soon as next year, IFR reported in November. It ended June with 102 billion yuan ($14 billion) in net cash, Moody’s calculates. Trouble is, much of that is in China. Having more funds readily available offshore would prime the $100 billion group for explosive expansion in Europe and beyond.

REUTERS 2023-01-27T16:01:21+00:00

Chevron annual profit hits record but Q4 miss hits shares

Chevron Corp on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings, but the bottom line fell shy of Wall Street estimates, undercut by asset writedowns and rising costs.

REUTERS 2023-05-18T06:56:52+00:00

India considers policy change after cough syrup deaths

India is considering a change to its pharmaceutical industry policy after cough syrups made in the country were linked to the deaths of children overseas, according to a document from Prime Minister Narendra Modi's office, which noted that "important things" about the industry had been "overlooked".

REUTERS 2022-09-28T10:42:45+00:00

U.S. VP Harris condemns 'disturbing' Chinese actions

U.S. Vice President Kamala Harris condemned on Wednesday "disturbing" actions by China in the Pacific while pledging to deepen "unofficial ties" with Taiwan, days after the U.S. administration pledged its forces would defend the island.

REUTERS 2025-09-12T22:27:22+00:00

BYD and Tesla set to lose most from Mexico's proposed tariffs on China

Electric car rivals BYD and Tesla are set to be the biggest losers from Mexico’s proposed 50 percent tariff on autos imported from China, triggering a likely blow to the fast-growing electric car market in Mexico while sparing the traditional "Big Three" U.S. car manufacturers.

REUTERS 2022-07-27T06:49:24+00:00

S.Korea's LGES plans new EV battery plant in Europe

Tesla supplier LG Energy Solution Ltd (LGES) said on Wednesday it was looking at sites in Europe for a new battery plant and would ramp up production in Asia outside of China, where COVID lockdowns and rising costs were weighing on profits.