Chile’s SQM, one of the world’s largest producers of the battery material lithium, said it had resolved a long-running dispute with the government, striking an agreement to expand production to meet demand from electric cars.
US telecoms group Verizon on Wednesday said the biggest American tax overhaul in decades will drive a one-time reduction in net deferred income tax liabilities of about $16.8bn and boost its fourth quarter earnings.
The Pentagon’s first new national defence strategy in four years will adopt a more aggressive military stance against China and Russia as its top priority, according to people familiar with the document.
Successful settlements of bitcoin futures contracts are among the necessary elements to pave the way for exchange traded funds based on the cryptocurrency, top executives at Cboe Global Markets said on Wednesday.
The major US equities gauges enjoyed their largest one-day gains since late November, with the Dow Jones Industrial Average closed above 26,000 for the first time and other indices closing at record highs.
The Mexican peso strengthened against the greenback for a fifth straight day to hit a six-week high on Wednesday ahead of a new round of talks over the future of the North American Free Trade Agreement.
Broadcom’s use of contracts that tie some customers to set levels of purchases have come under investigation by US antitrust regulators, at just the moment that it is gearing up for a $130bn battle over control of rival Qualcomm.
Whether it’s fighting flight fatigue or a making up for a packing snafu, travellers are providing a key market for prestige beauty brands, according to analysts at Jefferies, with the value of the travel retail market is estimated to reach $84bn by 2020.
French retailer Carrefour lowered its operating profit forecast for 2017 for the second time in six months, as its new chief executive gears up to outline a transformation plan for the struggling retailer next week.
Facebook has agreed to expand an investigation into allegations of Russian interference in the Brexit referendum campaign following pressure from a UK parliamentary committee, which said its previous responses were inadequate.