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U.S. ‘falling behind’ in global race to develop electric vehicle supply chain

19 hours ago DieselGasoil Comments Off on U.S. ‘falling behind’ in global race to develop electric vehicle supply chain
WASHINGTON (Reuters) – The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said on Tuesday. FILE PHOTO: U.S. Senator Lisa Murkowski (R-AK) speaks with reporters off the Senate floor in Washington, U.S., May 23, Read More

Global mining panel looks to boost accountability after Brazil disaster

7 days ago DieselGasoil Comments Off on Global mining panel looks to boost accountability after Brazil disaster
BELO HORIZONTE, Brazil (Reuters) – New safety standards being drawn up by a global mining industry panel will include rules to better define management accountability after Vale SA’s (VALE3.SA) January tailings dam disaster, a top industry official said on Wednesday. FILE PHOTO: A view of a collapsed tailings dam owned by Brazilian mining company Vale Read More

Brazil mining standards, post-Vale disaster, aim to boost accountability

7 days ago DieselGasoil Comments Off on Brazil mining standards, post-Vale disaster, aim to boost accountability
BELO HORIZONTE, Brazil (Reuters) – A mining industry panel in Brazil, tasked with drawing up new safety standards after Vale SA’s (VALE3.SA) January tailings dam disaster, will include rules to better define management accountability, an industry group head said on Wednesday. FILE PHOTO: A view of a collapsed tailings dam owned by Brazilian mining company Read More

The S&P 500 inches higher; Treasury yields dip after Powell remarks, jobs report

2 weeks ago DieselGasoil Comments Off on The S&P 500 inches higher; Treasury yields dip after Powell remarks, jobs report
NEW YORK (Reuters) – The S&P 500 posted a nominal gain and Treasury yields edged lower on Friday, as remarks from Federal Reserve chief Jerome Powell firmed interest rate cut expectations and China announced an economic stimulus package, both of which helped offset weaker-than-expected U.S. jobs data. FILE PHOTO: A trader works on the trading Read More

Stocks rally, Treasury yields rise on easing trade fears

2 weeks ago DieselGasoil Comments Off on Stocks rally, Treasury yields rise on easing trade fears
NEW YORK (Reuters) – U.S. stocks followed worldwide equities to one-month highs and Treasury yields rose sharply on Thursday as renewed U.S.-China trade optimism and upbeat U.S. economic data stoked risk appetite and lured investors away from safe-haven assets. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in Read More

Global stocks hit one-month highs on news of U.S.-China trade talks

2 weeks ago DieselGasoil Comments Off on Global stocks hit one-month highs on news of U.S.-China trade talks
NEW YORK (Reuters) – Stocks hit one-month highs worldwide on Thursday as improved risk appetite led investors away from safe-haven assets such as bonds and gold on renewed hope for progress in U.S.-China trade negotiations and upbeat U.S. economic data. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) Read More

Equities advance, U.S. Treasury yield curve steepens on easing geopolitical fears

2 weeks ago DieselGasoil Comments Off on Equities advance, U.S. Treasury yield curve steepens on easing geopolitical fears
NEW YORK (Reuters) – Stocks rebounded worldwide on Wednesday, and the U.S. Treasury yield curve steepened as upbeat geopolitical news and positive economic data from China helped revive risk appetite. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 3, 2019. REUTERS/Andrew Kelly Read More

Easing political worries in Europe lift shares, pound jumps

2 weeks ago DieselGasoil Comments Off on Easing political worries in Europe lift shares, pound jumps
MILAN (Reuters) – Easing worries over political risk in Britain and Italy helped stocks rise on Wednesday with the pound bouncing from three-year lows after a parliamentary vote raised the prospect of another delay to Brexit. FILE PHOTO: Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan, August 6, 2019. Read More

Stocks slip on tariffs, Argentina hit by capital controls

2 weeks ago DieselGasoil Comments Off on Stocks slip on tariffs, Argentina hit by capital controls
NEW YORK (Reuters) – U.S. stock futures dove on Monday after Washington and Beijing placed new taxes on each other’s goods, while Argentina imposed capital controls and cast a new spotlight on emerging-market risks. Traders work on the floor of the Buenos Aires Stock Exchange, in Buenos Aires, Argentina September 2, 2019. REUTERS/Agustin Marcarian The Read More