Factbox-Chinese and other cobalt mines boosting output despite price slide
(Reuters) – A fall in the price of cobalt, a silvery-blue metal used in electric vehicle (EV) batteries, electronics and…
OPEC oil output drops in November, in first fall since July -survey
(Reuters) – OPEC oil output fell in November in the first monthly drop since July, a Reuters survey found, as…
Exxon Mobil forecasts increases in project spending, oil output
(Reuters) – Exxon Mobil will target annual project spending of between $22 billion and $27 billion through 2027, the company…
Nissan and Mitsubishi to invest in Renault’s EV unit Ampere
Nissan and Mitsubishi announced Wednesday, plans to invest in long-standing partner, Renault’s electric vehicle unit called Ampere. The two automakers…
Zoom quickly adds 2% on new pricing plans for AI products
Zoom Video Communications (NASDAQ:ZM) is set to introduce new pricing plans for its Contact Center offering in the coming weeks.…
Cigarette stocks are falling today. Here’s why
Altria (NYSE:MO) and Philip Morris (NYSE:PM) are facing downward pressure in the market today following an announcement by British American…
Campbell Soup beats quarterly profit estimates on higher prices
(Reuters) – Campbell Soup surpassed Wall Street expectations for quarterly profit on Wednesday, benefiting from higher prices for its packaged…
Signa insolvency is credit negative for some banks, Moody’s says
(Reuters) – The credit rating agency Moody’s (NYSE:MCO) said that the insolvency of the European property and retail giant Signa…
Yum Brands’ KFC to acquire 218 restaurants from EG Group in UK, Ireland
(Reuters) – Yum Brands’ KFC on Wednesday said it will acquire 218 restaurants from its largest franchisee EG Group in…
Deka Investment: more transparency in VW’s value chain ‘desirable’
(Reuters) – Volkswagen must regularly check its operations in China to ensure its supply chains are safe and comply with…