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Citi CEO visits Mexico during Banamex stake talks, Bloomberg News reports

(Reuters) -Citigroup CEO Jane Fraser is in Mexico City for talks with President Claudia Sheinbaum that include the potential public listing of the bank’s retail unit Banamex, Bloomberg News reported on Monday, citing people familiar with the matter. Reuters could not immediately confirm the ...
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Increasing the danger: Journalist killing in Gaza sends a chilling message

Israel’s targeted killing of an Al Jazeera correspondent in Gaza over the weekend was noteworthy even for a conflict remarkably blood-soaked for journalists, leaving some experts to marvel that any news at all emerges from the territory. An Al Jazeera executive said Monday that it ...
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Albemarle operating chief Netha Johnson to leave company

(Reuters) -Albemarle, the world’s largest producer of lithium for rechargeable batteries, said on Monday that Chief Operating Officer Netha Johnson will leave the company. Albemarle did not provide a timeline for Johnson’s exit. A company spokesperson declined to comment on the reason for his departure. ...
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Brazilian businessman Nelson Tanure may give up on Braskem deal

By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian businessman Nelson Tanure may give up on his bid to acquire a controlling stake in Latin America’s largest petrochemical firm Braskem <BRKM3.SA> as his exclusive negotiations window nears closing without an agreement to resolve claims from an environmental ...
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US Justice Department backs plan to revoke Delta-Aeromexico antitrust immunity

(Reuters) -The U.S. Department of Justice on Monday backed a Department of Transportation proposal to revoke antitrust immunity for the joint venture between Delta Air Lines and Grupo Aeroméxico, which allows the two carriers to coordinate on scheduling, pricing, and capacity decisions for ...
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AOL is finally shutting down its dial-up internet service

NEW YORK (AP) — AOL’s dial-up internet is finally taking its last bow. Yes, while perhaps a dinosaur by today’s digital standards, dial-up is still around. But AOL says it’s officially pulling the plug for its service on Sept. 30. “AOL routinely evaluates its products and ...
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Copper output from Chile’s Codelco climbs 17% in June

SANTIAGO (Reuters) -Copper production from Chilean state-run miner Codelco ticked up 17% year-over-year in June, data from copper commission Cochilco showed on Monday, climbing to 120,200 metric tons. Codelco is the world’s largest miner of the red metal. Meanwhile production at BHP’s Escondida mine, the world’s ...
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Trump signs order extending China tariff deadline for 90 days, official says

WASHINGTON (Reuters) -U.S. President Donald Trump has signed an executive order extending a pause in sharply higher U.S. tariffs on Chinese imports for another 90 days, a White House official said. A tariff truce between Beijing and Washington had been set to expire on August ...
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Tesla’s North American director of service leaves EV maker

(Reuters) -Piero Landolfi, Tesla’s director of service for the North American market has left the EV maker after nearly nine years, joining an exodus of executives from the company grappling with a drop in sales. Leaving Tesla was hard due to “the first principle thinking ...
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Trump signs executive order to extend China tariff deadline for 90 days, CNBC reports

(Reuters) -U.S. President Donald Trump has signed an executive order extending the China tariff deadline for another 90 days, CNBC reported on Monday, citing a White House official.(Reporting by Nilutpal Timsina in Bengaluru) Brought to you by www.srnnews.com
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Lithium stocks rally as CATL mine halt raises prospects of tighter supply

(Reuters) -Shares of lithium producers surged on Monday after Chinese battery giant Contemporary Amperex Technology (CATL) halting output at a major mine raised hopes it would erode the oversupply in a market grappling with soft demand. During morning trade, Albemarle Corp jumped 10.2%, while Chile’s ...
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Two Fed vice chairs, Dallas Fed president under consideration to be next chair, Bloomberg reports

WASHINGTON (Reuters) -Two Federal Reserve vice chairs, Michelle Bowman and Philip Jefferson, and Dallas Fed President Lorie Logan are under consideration to serve as the next chair of the U.S. central bank, Bloomberg News reported on Monday, citing two administration officials. (Reporting by ...
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