A large-scale dockworkers’ strike has commenced at major ports along the East and Gulf coasts in the US, halting container traffic and disrupting a significant portion of the nation’s trade. The walkout, initiated by members of the International Longshoremen’s Association (ILA) early on Tuesday (October 1), is expected to impact…
Vertex Minerals (ASX:VTX) (Vertex or the Company) is pleased to report the acquisition of a Boart Longyear LM90 underground drill rig, in line with its stated strategy to advance exploration drill works at the high-grade Reward gold mine. HIGHLIGHTS Vertex has acquired a Boart Longyear LM90 underground drill rig to…
Several critical minerals, in particular lithium and nickel, have been suffering from depressed prices for more than 12 months despite projections of ever-increasing demand, driven by Western governments’ energy transition goals. Attracting finance into critical minerals projects is one of the key challenges standing in the way of diversifying existing…
As Microsoft investors get ready for quarterly earnings this month, there’s one particular metric that’s become increasingly important: finance leases. A finance lease lets a company pay for an asset over years, rather than all upfront. For companies like Microsoft that are building massive data centers to handle artificial intelligence workloads, shareholders…
Tens of thousands of longshoremen went on strike at midnight ET, shutting down major ports along the East and Gulf coasts and choking off deliveries of everything from produce to auto parts. Consumers aren’t likely to feel the pinch unless a walkout lasts for multiple weeks, because businesses and logistics…
PepsiCo said Tuesday that it’s buying Mexican-American food company Siete Foods for $1.2 billion, marking the company’s first food acquisition in roughly five years. Like many food companies, Pepsi has been trying to shift its portfolio to include healthier options in recent years, usually through acquisitions. Recent additions include Bare Snacks,…
The word “limited” is going to have to do a lot of work in the weeks ahead. Israel has described its initial ground incursion into southern Lebanon as such, although its key ally, the Biden administration, has already suggested that what may initially begin as small in scope could risk…
Former British Prime Minister Boris Johnson has controversially broken royal protocol and claimed in his upcoming memoir that Queen Elizabeth II was suffering from bone cancer before her death. In the book, which hits shelves on October 10 and has been serialized this week in the Daily Mail newspaper –…
A bus carrying young students and their teachers on a school trip caught fire in suburban Bangkok on Tuesday, leaving more than 20 feared dead, officials and rescuers said. The bus with 45 passengers, six teachers and 39 elementary and junior high school students, was traveling from the central Uthai…
A woman with the rare condition of two uteruses delivered twins, one from each womb, last month at a hospital in northwestern China, according to health officials and state media. The mother, identified only be her last name Li, welcomed a boy and a girl via caesarean section, the Xi’an…