Tag: MINE
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The Russian Tinkoff Bank will stop trading in euros from February 27
Feb 26 (Reuters) – Russian online bank Tinkoff, run by TCS Group Holding (TCSq.L), said on Sunday it would suspend euro trading from Monday following the imposition of a new set of sanctions from the European Union. The EU agreed on a tenth round of punitive measures late Friday to punish Russia for its invasion […]
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Goldman expects $2.3 billion more in potential litigation losses
Feb 24 (Reuters) – Goldman Sachs Group Inc (GS.N) expects to incur $2.3 billion more in potential losses from litigation than the reserves it had set aside for such matters last year, a filing from the filing of the investment bank on Friday. That was in line with what the bank had estimated at the […]
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Tesla scales back German battery plans won by US incentives
BERLIN, Feb. 21 (Reuters) – Tesla (TSLA.O) has begun assembling battery systems at its factory in Germany, but will focus on cell production in the United States in light of tax breaks under the Inflation Reduction Act (IRA). ), a spokesperson said on Wednesday. The US electric vehicle maker is also preparing to produce cell […]
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Lithium miner Sigma responds to report that Tesla is considering a buyout
Feb 17 (Reuters) – US-listed shares of Sigma Lithium Corp were up 21% in extended trading on Friday after Bloomberg News reported that Tesla Inc (TSLA.O) is considering a takeover of the Canada-based battery metal miner. Tesla has spoken to potential advisers about a bid, the report said, citing people with knowledge of the matter, […]