Projections See World Heading To A Lithium Shortage
On Tuesday, CNBC reported that lithium, used to make the batteries which power everything from cell phones to electric vehicles, is heading for a supply shortage as soon as 2025,…
Burger King Sued Over Advertisements Making Whoppers Look Bigger
A judge in a Miami Federal Court has rejected a motion by Burger King to dismiss a lawsuit against the company, which claimed that the fast food giant made its…
Denmark Blames Record Falling Consumer Spending On Rain
According to new data from Statistics Denmark released on Monday, July saw retail sales in Denmark fall the most since the Covid-19 pandemic. Economists blamed the collapse in sales on…
Goldman Sachs Buys US And UK Companies For China
On Wednesday, the Financial Times reported that according to sources with direct knowledge of the operations of Goldman Sachs, the US investment bank established a fund made up of Chinese…
EU Is Importing Record Volumes Of LNG From Russia
Even as the European Union has pledged to completely wean itself off of Russian energy products by 2027, the bloc is presently poised to purchase record volumes of Russian liquified…
Chinese Real Estate Developer Faces Its Lehman Moment
A meeting between distressed Chinese property developer Country Garden Holdings and bondholders, who were supposed to vote on an extension plan for the repayment of a 3.9 billion yuan (US$535…
UAE Plans To Use BRICS Membership To Develop Trade
On Monday, Bloomberg reported that Economy Minister for the United Arab Emirates (UAE) Abdulla bin Touq Al Marri told the news outlet that the UAE sees its membership in BRICS…
Japanese Department Store Sogo & Seibu Workers To Engage In Rare Strike Over Sale To Fortress
According to a report in Yahoo Finance quoting a source with direct knowledge of the matter, on September 1st, Seven & i will sell department store unit Sogo & Seibu…
Toyota Resumes Operations After 24-Hour Stoppage Due To Glitch
Following a 24-hour stoppage which had been triggered by a system glitch, Japanese automaker Toyota has announced that operations will resume at its domestic assembly plants on Wednesday. The disruption,…
Binance Eyes Complete Exit From Russia
On Monday, citing sources within the company, the Wall Street Journal reported that Binance, the largest cryptocurrency exchange in the world by trading volume, is contemplating a complete withdrawal from…
