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U.S. charges Russian billionaire Oleg Deripaska with violating sanctions

NEW YORK, Sept 29 (Reuters) – U.S. prosecutors on Thursday unveiled criminal charges accusing the Russian billionaire Oleg Deripaska of violating sanctions imposed after Russia invaded Ukraine. Deripaska, the 54-year-old founder of aluminum giant Rusal (RUAL.MM), , was among two dozen Russian oligarchs and government officials blacklisted by Washington in 2018 in reaction to Russia’s … Read more

London copper price hits two-month low on strong dollar

A worker checks copper wires at Truong Phu cable factory in northern Hai Duong province, outside Hanoi, Vietnam August 11, 2017. REUTERS/Kham Register now for FREE unlimited access to Reuters.com Register Sept 26 (Reuters) – London copper prices hit a more than two-month low on Monday, as a stronger dollar made greenback-priced metals more expensive … Read more

Honda Motor, LG Energy to build $4.4 bln U.S. EV battery plant

TOKYO/WASHINGTON, Aug 29 (Reuters) – Japan’s Honda Motor Co (7267.T) will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd (373220.KS), the two companies said on Monday. Battery makers are looking to increase production in the U.S. where a shift toward … Read more

Deadly clashes rage in Baghdad in Shi’ite power struggle

Rival Shi’ite groups skirmish in streets Cleric Sadr wants parliament dissolved, early elections Political stalemate leaves Iraq’s recovery in limbo BAGHDAD, Aug 29 (Reuters) – Heavy clashes erupted in Baghdad, killing almost 20 people on Monday, after powerful Shi’ite cleric Moqtada al-Sadr said he would quit politics, prompting his loyalists to storm a government palace … Read more

Five Chinese state-owned companies to delist from NYSE

SHANGHAI/HONG KONG, Aug 12 (Reuters) – Five Chinese state-owned firms including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would delist from the New York Stock Exchange, amid heightened diplomatic and economic tensions with the United States. The companies, which also include Aluminium Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and … Read more

Eneos books strong Q1 results, CEO abruptly resigns

JX Nippon Oil & Energy Corp’s Eneos brand logo on a tanker lorry in a train at a station nearby its refinery in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 12 (Reuters) – Japanese oil and metals giant Eneos Holdings Inc (5020.T) announced on … Read more

U.S. to send Ukraine $5.5 billion in new fiscal, military aid

National flags of Ukraine and the U.S. fly at a compound of a police training base outside Kiev, Ukraine, May 6, 2016. Picture taken May 6, 2016. REUTERS/Valentyn Ogirenko Register now for FREE unlimited access to Reuters.com Register Aug 8 (Reuters) – The United States will send an additional $5.5 billion in aid to Ukraine, … Read more

Indonesia says Tesla strikes $5 bln deal to buy nickel products – media

Tesla cars are seen parked at the construction site of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 20, 2022. REUTERS/Hannibal Hanschke/ Register now for FREE unlimited access to Reuters.com Register JAKARTA, Aug 8 (Reuters) – U.S. carmaker Tesla (TSLA.O) has signed contracts worth about $5 billion to buy materials for their … Read more

Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in U.S. stock prices … Read more

Ukrainian grain ship heads through safe waters, but economy is still in doldrums

Grain-carrying ship from Ukraine inspected in Turkey Ship, headed for Lebanon, transits Bosphorus Shipment is first of kind to leave Ukraine in wartime But Ukrainian leader says much more is needed Kyiv urgently needs to ship 10 mln tonnes to cut deficit KYIV/ISTANBUL, Aug 3 (Reuters) – Ukrainian President Volodymr Zelenskiy dismissed the importance of … Read more