(Reuters) - Albemarle (NYSE:ALB), the world\'s largest producer of lithium for electric vehicle batteries, said on Wednesday that it will hold several auctions to sell supplies of the metal as part of a push to boost market transparency. Lithium has historically been sold on long-term contracts by Albemarle and other producers, making it difficult for...
The Japanese yen weakened against other major currencies in the European session on Wednesday. The yen fell to a 5-day low of 161.73 against the euro, from an early high of 160.90. Against the pound, the U.S. dollar and the Swiss franc, the yen slipped to 189.26, 148.05 and 168.50 from early highs of 188.42,...
US Judge Brendan Shannon has granted bankrupt crypto company Terraform Labs permission to hire Dentons for its legal representation, according to a report by Reuters. Shannon approved the hiring at a bankruptcy court hearing in Wilmington, Delaware after he deemed Terraform’s legal spending was a “necessary appropriate” use of the company’s beleaguered financial resources. Since...
By Krishn Kaushik NEW DELHI (Reuters) - Behind the doors of a small, non-descript office in the heart of New Delhi lies the headquarters of an electoral trust run by just two men that is the largest-known donor to India’s ruling Bharatiya Janata Party (BJP), according to a Reuters review of public records. The Prudent...
Petco Health and Wellness Co., Inc. (WOOF) announced Wednesday the Company\'s Board of Directors has appointed Michael Mohan to serve as Interim Chief Executive Officer, effective today. Ron Coughlin has stepped down as Petco\'s Chairman, CEO and member of the Board of Directors. He will serve as an advisor to the Board to support the...
Ark Invest sold off an estimated 106,000 Coinbase shares valued at over $27 million on Tuesday, marking the investment firm’s latest COIN dumping under the direction of CEO Cathie Wood. Ark Invest’s Significant Coinbase Sell-Off Continues The now offloaded shares reportedly came from its ARK Innovation ETF (ARKK), ARK Fintech Innovation ETF (ARKF), and ARK...
-- Most Asian stocks stuck to a tight range on Thursday in anticipation of more cues on U.S. inflation and interest rates, while losses in Japanese markets extended into a fourth straight session amid persistent jitters over the Bank of Japan. Regional stocks took a middling lead-in from Wall Street, as investors continued to digest...
The Japanese yen weakened against other major currencies in the European session on Wednesday, as investors digested mixed earnings results and looked ahead to the release of more U.S. data this week for clues on when the Federal Reserve will begin cutting interest rates. Meanwhile, new data showed earlier today that German wholesale prices continued...
TOKYO (Reuters) - Japanese state-backed fund Japan Investment Corp (JIC) will start a tender offer for chip materials maker JSR Corp\'s shares on March 19 after it obtained Chinese regulators\' approval, Bloomberg News reported on Thursday. The tender offer was slated to begin at the end of last year but JIC in December postponed it,...
Biotechnology company Voyager Therapeutics, Inc. (VYGR) announced the appointment of Toby Ferguson as Chief Medical Officer (CMO), effective March 25, 2024. Ferguson most recently served as Vice President, Head of Neuromuscular Development Unit at Biogen, Inc. Joining Biogen in 2013, Ferguson held positions of increasing responsibility, including as Medical Director, Senior Medical Director, Executive Medical...