Morocco’s Managem, Glencore to partner in cobalt project
Moroccan mining company Managem said on Wednesday it agreed with miner and commodity trader Glencore (GLEN.L) to produce Cobalt at a plant…
Category: FINANCE
French court finds former top Sarkozy aides guilty in polling fraud trial
French court on Friday sentenced two one-time aides to former French president Nicolas Sarkozy to jail for their role in…
Crypto giant Binance kept weak money-laundering checks even as it promised tougher compliance, documents show
In public, Binance said it welcomed government oversight. At the same time, the firm was withholding information from regulators, maintaining…
Intel plans $20 bln chip manufacturing site in Ohio – sources
Intel Corp on Friday is set to announce it will invest $20 billion in a massive new manufacturing site near…
Germany wants to attract 400,000 skilled workers from abroad each year
Germany’s new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance…
Ozone harms East Asian crops, costing $63 bln a year, scientists say
Fossil fuel emissions aren’t just driving climate change and worsening air quality, they’re also hurting crop yields enough to cause…
Europe fuels sales growth for French train maker Alstom
French train maker Alstom reported a rise in third-quarter sales on Thursday, bolstered by contract wins in Europe and stronger…
Jewellery helps Richemont sales jump amid post-pandemic luxury revival
Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at…
Lindt sees sales growth ahead as consumers crave sweet treats
Swiss chocolate maker Lindt & Spruengli (LISN.S), said on Tuesday it expects demand for its upmarket chocolates to grow this year…
Starbucks ties up with Meituan to bolster presence in crucial China market
Starbucks (SBUX.O), which has seen sales slow in China due to COVID-19’s fallout, is attempting to widen its reach in its…