SANTIAGO (Reuters) -Chilean lithium miner SQM, the world’s second-largest lithium producer, said on Monday it had reached a long-term supply deal with Hyundai and Kia to provide the carmakers with the white metal, key for the production of electric vehicle batteries. Hyundai and Kia will “secure a portion of (their) future lithium hydroxide supply from…
(Reuters) – The U.S. Federal Reserve would be able to cut its benchmark interest rate once this year, Philadelphia Fed President Patrick Harker said on Monday, if his economic forecast plays out. “If all of it happens to be as forecasted, I think one rate cut would be appropriate by year’s end,” Harker said in…
MOSCOW (Reuters) – Russian President Vladimir Putin on Monday sacked four deputy defence ministers and appointed a relative, Anna Tsivileva, to fill one of the vacancies. Putin sacked deputy defence ministers Nikolai Pankov, Ruslan Tsalikov, Tatiana Shevtsova and Pavel Popov, according to Kremlin decrees. He appointed Tsivileva, who Russian media said is the daughter of…
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla began its fight for legal recognition of a shareholder vote favoring Elon Musk’s record compensation, telling a Delaware judge that it “significantly impacts” her ruling voiding the pay, according to a letter made public on Monday. Tesla wrote to Chancellor Kathaleen McCormick that the parties in the…
