Battery Maker LG Energy Slashes Spending on EV Demand Risks
The supplier to automakers including General Motors Co., Tesla Inc. and Volkswagen AG will reduce capital expenditure by 20% to 30%, it said in a filing on Friday. LG Energy confirmed a surprise 225.5 ...
Trump Order Offers a Chance to Revive Keystone XL Pipeline
A Biden administration executive order that revoked Trump’s March 2019 permit for the pipeline was among the directives rescinded by the newly elected president Monday. The decision appears to have ...
Turkey Bets on New Naval Clout for Edge in High-Seas Power Play
The newbuilds are the latest product of a naval expansion drive that will give Ankara added clout into and beyond the Mediterranean, Aegean and Black Seas. The aim is also to diversifying a booming ...
Venture Global, Inc. Announces Pricing of its Initial Public Offering
Venture Global, Inc. (“Venture Global”) announced today the pricing of its initial public offering of 70,000,000 shares of its Class A common stock, par value $0.01 (“Class A common stock”) at a ...
Asian Shares to Ride Wall Street Wave of Optimism: Markets Wrap
Meanwhile, in a bid to shore up its ailing equity market ahead, the China Securities Regulatory Commission said mutual funds should raise their holdings of onshore equities by at least 10% annually ...
TD money laundering head Mazariegos departs, Sanjuas promoted
Toronto-Dominion Bank is promoting one of its top United States anti-money-laundering executives, Jacqueline Sanjuas, to a role that will see her head up financial crime risk management for the entire ...
Texas Instruments' Forecast Signals Chip Slump Is Persisting
Texas Instruments Inc. gave a disappointing earnings forecast for the current period, hurt by still-sluggish chip demand and higher manufacturing costs. (Bloomberg) — Texas Instruments Inc. gave a ...
Trump Says He Knows Interest Rates Better Than Fed Chief Powell
President Donald Trump questioned Federal Reserve Chair Jerome Powell’s decision making on interest rates and said he planned to speak to the central bank chief “at the right time.” ...
Kraft Heinz slams Trudeau for floating ketchup as trade target
Kraft Heinz Co. said it’s “deeply disappointed” in Justin Trudeau after the prime minister threw a metaphorical tomato at the food manufacturer while discussing trade relations with the United States.
Edward C. Dowling, Jr. to Stand for Election to the Board of Directors of Wesdome Gold Mines; Appointment as Chair Expected Upon Election
Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“ Wesdome ” or the “ Company ”) is pleased to announce that Mr. Edward C. Dowling, Jr. has agreed to stand for election to the Company’s board of ...
Call to 'Chill' Guides World Watching Trump's Tariff Tirades
Mexico’s President Claudia Sheinbaum called for cool heads to prevail after Trump’s vow to impose hefty tariffs on the biggest US trading partner sent the country’s currency tumbling.
Quebec maple syrup producers fear ’major consequences’ from Trump tariffs
Quebec’s maple syrup producers are worried their industry will take a big hit if United States President Donald Trump goes ahead with his threat to slap 25 per cent tariffs on Canadian exports next ...