Business

Freeport to seek permit for $7.5 billion mine expansion, Chilean media reports

Thursday, March 19 by SRN News

SANTIAGO, March 19 (Reuters) - U.S. miner Freeport-McMoRan is due to begin the process of obtaining an environmental permit for a $7.5 billion expansion of its El Abra copper mine in Chile, newspaper Diario Financiero reported late Wednesday. The project is a joint venture between... Read More.

Uber to invest up to $1.25 billion in Rivian as part of robotaxi deal

Thursday, March 19 by SRN News

By Abhirup Roy and Akash Sriram SAN FRANCISCO, March 19 (Reuters) - Uber will invest up to $1.25 billion in electric vehicle maker Rivian as part of a deal in which the ride-hailing firm will start deploying 10,000 fully autonomous R2 SUVs as robotaxis from... Read More.

Iran war underscores risks of Trump’s relentless focus on oil

Thursday, March 19 by SRN News

WASHINGTON (AP) - When President Donald Trump returned to office last year, he launched a crusade to shift the country away from renewable energy, drastically undoing the climate-friendly policies of his Democratic predecessor to focus instead on oil and other fossil fuels as the... Read More.

Exclusive-Airbus seeks Pratt & Whitney damages over engine delays, sources say

Thursday, March 19 by SRN News

By Tim Hepher PARIS, March 19 (Reuters) - Airbus is ramping up pressure on U.S. engine maker Pratt & Whitney by pursuing potential damages in an escalating dispute over late engine shipments as it struggles to lift aircraft production, two people familiar with the matter... Read More.

Morning Bid: Gas field grief

Thursday, March 19 by SRN News

By Mike Dolan March 19 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets The energy shock has kicked up a notch, with Brent crude rising above $115 a barrel this morning. Prices started shooting up on Wednesday after... Read More.

Bank of England is expected to keep main interest rate unchanged because of Iran war

Thursday, March 19 by SRN News

LONDON (AP) - Until the United States and Israel launched the attack on Iran that started the war less than three weeks ago, it was viewed as a near certainty that the Bank of England would cut interest rates again on Thursday. Now it's... Read More.

3M and Bain Capital to buy Madison Fire & Rescue for $1.95 billion

Thursday, March 19 by SRN News

March 19 (Reuters) - 3M and Bain Capital will buy Madison Fire & Rescue from privately held Madison Industries for $1.95 billion, the industrial giant said on Thursday. Under the deal, the buyers will form a new fire and safety joint venture in which 3M... Read More.

Citi’s surprise index shows longest upside run since financial crisis, awaits war impact

Thursday, March 19 by SRN News

By Alun John and Dhara Ranasinghe LONDON, March 19 (Reuters) - Global economic growth has continued to outperform expectations for 14 straight months - just as the war in Iran fuels fresh concerns about energy prices and global stability - putting the world economy on... Read More.

Samsung Elec to supply HBM4 chips to OpenAI, South Korean paper says

Thursday, March 19 by SRN News

SEOUL, March 19 (Reuters) - Samsung Electronics plans to supply its next-generation high-bandwidth memory (HBM4) chips to OpenAI for use in the ChatGPT maker's first in-house artificial intelligence processor, the Korean Economic Daily said on Thursday. Last year, Samsung signed a letter of intent... Read More.

US stock futures dip as soaring oil prices, Fed outlook spook investors

Thursday, March 19 by SRN News

March 19 (Reuters) - U.S. stock index futures slipped on Thursday as crude prices soared on intensifying hostilities in the Middle East, fanning inflation worries that have prompted the Federal Reserve to take a more cautious stance on interest rate cuts this year. A strong... Read More.

Current Weather

Freeport to seek permit for $7.5 billion mine expansion, Chilean media reports

Uber to invest up to $1.25 billion in Rivian as part of robotaxi deal

Iran war underscores risks of Trump’s relentless focus on oil

Exclusive-Airbus seeks Pratt & Whitney damages over engine delays, sources say

Morning Bid: Gas field grief

Bank of England is expected to keep main interest rate unchanged because of Iran war

3M and Bain Capital to buy Madison Fire & Rescue for $1.95 billion

Citi’s surprise index shows longest upside run since financial crisis, awaits war impact

Samsung Elec to supply HBM4 chips to OpenAI, South Korean paper says

US stock futures dip as soaring oil prices, Fed outlook spook investors

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