Chile dictates measures against mining companies for giant sinkholes

Chile dictates measures against mining companies for giant sinkholes

A sinkhole that was exposed last week has doubled in size, at a mining zone close to Tierra Amarilla town, in Copiapo, Chile, August 7, 2022. REUTERS/Johan Godoy NO RESALES. NO ARCHIVES. Register now for FREE unlimited access to Reuters.com Register SANTIAGO, Aug 16 (Reuters) – Chile’s SMA environmental regulator said on Tuesday it had … Read more

Sterling little changed after mixed labor market data

Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 16 (Reuters) – The British pound was little changed on Tuesday, having briefly fallen to its lowest level in over a week, after mixed data showed a jobs market that … Read more

Tencent stops sales on its NFT platform Huanhe a year after launch as scrutiny mounts

People visit a Tencent booth at the 2021 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 3, 2021. REUTERS/Florence Lo Register now for FREE unlimited access to Reuters.com Register HONG KONG, Aug 16 (Reuters) – Chinese internet giant Tencent Holdings’ (0700.HK) non-fungible token (NFT) platform Huanhe will no longer release digital … Read more

Turquoise Hill rejects Rio’s $2.7 billion offer for the rest of the company

The Rio Tinto logo is displayed on a visitor’s helmet at a borates mine in Boron, California, US, November 15, 2019. REUTERS/Patrick T. Fallon Register now for FREE unlimited access to Reuters.com Register Aug 15 (Reuters) – Turquoise Hill Resources Ltd (TRQ.TO) said on Monday its special committee terminated a review of Rio Tinto Ltd’s … Read more

Peloton to cut jobs, shut stores and raise prices in company-wide revamp

Aug 12 (Reuters) – Peloton Interactive Inc (PTON.O) said on Friday it would cut jobs, shut stores and raise prices on its exercise equipment including treadmills and top-end bikes as it undertakes a company-wide revamp to shore up its revenue and improve cash flow. Shares of the company surged about 11% in afternoon trade after … Read more

Argentina to give tax, customs benefits to oil companies

BUENOS AIRES, Aug 11 (Reuters) – Argentina is planning to give tax and customs benefits to oil companies so they can boost production, the country’s new economy “superminister” said on Thursday. The move comes as the country seeks to turbo-charge investments in the Vaca Muerta shale formation, the world’s fourth-largest shale oil reserve and the … Read more

US FTC considers crackdown on how companies collect consumer information

WASHINGTON, Aug 11 (Reuters) – The US Federal Trade Commission (FTC) on Thursday said it was considering adopting new rules to prohibit harmful commercial surveillance and lax data security, saying American consumers are often unknowingly giving up personal information ranging from their menstrual cycles to how they pray. FTC Chair Lina Khan said “firms now … Read more

Samsung unveils new foldable smartphones, seeking to keep lead in growing market

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, April 4, 2016. REUTERS/Kim Hong-Ji/File Photo Register now for FREE unlimited access to Reuters.com Register SEOUL, Aug 10 (Reuters) – Samsung Electronics (005930.KS) unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year’s in … Read more

US oil refiners, pipeline companies expect strong demand for the rest of 2022

Gasoline prices are displayed at an Exxon gas station behind the American flag in Edgewater, New Jersey, US, June 14, 2022. REUTERS/Mike Segar Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 9 (Reuters) – US oil refiners and pipeline operators expect energy consumption to be strong for the second half of … Read more

US accuses Chinese company of helping ZTE hide business with Iran

A sign of ZTE is seen at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 9 (Reuters) – The US Commerce Department on Tuesday accused Far East Cable, China’s largest wire and cable manufacturer, … Read more