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Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
Business

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia

The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

China’s Q2 GDP seen rising 7.3% y/y but on low base, recovery fades: Reuters poll By Reuters

© Reuters. FILE PHOTO: Mainland Chinese tourists walk in front of the skyline of buildings at Tsim Sha Tsui, in Hong Kong, China May 2,

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

BOK to hold base rate at 3.50% on Thursday, rate cut call pushed to 2024: Reuters poll By Reuters

© Reuters. FILE PHOTO: People walk on a zebra crossing in front of the buliding of Bank of Korea in Seoul, South Korea, July 14,

Valley National, First Citizens bidding for Silicon Valley Bank- Bloomberg News By Reuters
Stock Market

Teck’s base metals business attracts offers from Freeport, Vale, Anglo

© Reuters. FILE PHOTO: Teck Resources sign is on display during the company’s annual general meeting in Vancouver, British Columbia, Canada, April 22, 2010. REUTERS/Lyle

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Bank of Korea to hold base rate at 3.50%, may cut by end of year

© Reuters. FILE PHOTO: The logo of the Bank of Korea is seen in Seoul, South Korea, November 30, 2017. REUTERS/Kim Hong-Ji By Anant Chandak