Glencore will likely sell its entire 73.1per cent stake in Zambia's Mopani Copper Mines to the government's mining investment arm ZCCM-IH rather than becoming a minority stakeholder, two sources with direct knowledge told Reuters.
The US Labor Department said on Thursday it was changing the methodology used to address seasonal fluctuations in its weekly unemployment claims data, which economists complained was less reliable because of the economic upheaval caused by COVID-19.
Glencore will likely sell its entire 73.1per cent stake in Zambia's Mopani Copper Mines to the government's mining investment arm ZCCM-IH rather than becoming a minority stakeholder, two sources with direct knowledge told Reuters.
White House adviser Larry Kudlow said on Monday the Trump administration did not have a view on who purchases the social media company TikTok.
US House of Representatives Speaker Nancy Pelosi said the White House must agree to spend more money on coronavirus aid during a phone call slated for Thursday afternoon, if talks aimed at a deal on new legislation are to move forward.
Electric moped sharing company Revel on Thursday said it was returning to the streets of New York City with a new safety protocol, a month after it voluntarily suspended operations in the city following a string of deadly crashes.
Startup electric vehicle company Bollinger Motors said on Thursday it plans to make an all-electric delivery van starting in 2022, joining a growing field of manufacturers vying to bring models to market amid growing demand from major delivery fleets.
Action camera maker GoPro Inc said on Thursday its premium subscribers can now live stream their treks, rides and swims directly on to its website.
US energy companies on Thursday (Aug 27) were organising crews and beginning to review offshore Gulf of Mexico platforms and assess damage to coastal operations as Hurricane Laura took its fierce winds inland.
ByteDance has been in talks to sell TikTok's North American, Australian and New Zealand operations which could be worth US$25 billion to US$30 billion to companies including Microsoft and Oracle, people with knowledge of the matter have told Reuters.
