DETROIT (Reuters) - U.S. proposals on rules of origin that govern what percentage of a car needs to be built in the NAFTA region to avoid tariffs would hurt American consumers, lead to lower U.S. vehicle sales and hurt U.S. car exports, according to a study released on Thursday.According to the study, compiled by the Michigan-based Center for Automotive Research (CAR), the current proposals on rul...Read More

LONDON, April 26 (Reuters) - Kazakhstan-focused Kaz Minerals will scrap its secondary listing in Hong Kong because of a lack of appetite from investors, the company said on Thursday.Since the 2011 secondary listing only a small number of shareholders have elected to hold their stock on the Hong Kong register, Kaz Minerals said.Trading in Kaz Minerals' Hong Kong shares, which represent only 0.03 of...Read More

LONDON, April 26 (Reuters) - Kazakhstan-focused Kaz Minerals will scrap its secondary listing in Hong Kong because of a lack of appetite from investors, the company said on Thursday.Since the 2011 secondary listing only a small number of shareholders have elected to hold their stock on the Hong Kong register, Kaz Minerals said.Trading in Kaz Minerals' Hong Kong shares, which represent only 0.03 of...Read More

LONDON, April 26 (Reuters) - Kazakhstan-focused Kaz Minerals will scrap its secondary listing in Hong Kong because of a lack of appetite from investors, the company said on Thursday.Since the 2011 secondary listing only a small number of shareholders have elected to hold their stock on the Hong Kong register, Kaz Minerals said.Trading in Kaz Minerals' Hong Kong shares, which represent only 0.03 of...Read More

Visa and Home Depot are guiding the Dow higherThe Dow Jones Industrial Average (DJI) is pushing higher at midday, thanks to a post-earnings rally from Visa (V) and a strong move from Home Depot (HD). Chipotle (CMG) -- the best S&P 500 Index (SPX) stock today -- and Facebook (FB) continue to gain after earnings, as well, lifting equities across the board. A dip below the 3% mark from the 10-year T...Read More

(Bloomberg) - A little-known Chilean company that until recently churned out mostly crop nutrients may hold a key to the future of electric-vehicle production. And a Chinese mining company is standing ready, poised to grab a big piece of it.Soc. Quimica & Minera de Chile SA sits on the world's richest deposit of lithium. It already produces more than 20 percent of the global supply and is about t...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump will to travel to Britain on July 13, White House spokeswoman Sarah Sanders told reporters on Thursday.Trump's earlier planned visit to Britain, traditionally the United States' closest ally in Europe, was canceled in January.Reporting by Roberta Rampton; Writing by Susan Heavey Disclaimer: The views expressed in this article are those of the aut...Read More

SOFIA (Reuters) - The EU’s chief negotiator on Brexit said on Thursday the bloc’s existing system of market access for foreign financial firms can work well for Britain after it leaves the European Union.This would reduce the chances that Britain’s financial sector will get a bespoke deal.“Why would the equivalence system, which works well for the U.S. industry, not work fo...Read More

NEW YORK/WASHINGTON (Reuters) - U.S. President Donald Trump distanced himself from his longtime personal lawyer Michael Cohen on Thursday, saying Cohen handled only a fraction of his legal affairs and that he had nothing to do with the criminal investigation into the lawyer.In a Fox News interview, Trump confirmed for the first time that Cohen had represented him in “this crazy Stormy Daniel...Read More

SEOUL (Reuters) - North Korea’s Kim Jong Un is set to cross the heavily militarized border on Friday for the first summit with South Korea in more than a decade, as the old foes seek to end their decades-long conflict and ease tensions over the North’s nuclear weapons program.The summit with South Korean President Moon Jae-in will set the stage for Kim to meet with U.S. President Donal...Read More

The chip stock has added roughly 22% in 2018Micron Technology, Inc. (NASDAQ:MU) is trading higher today, up 5.2% at $50.09, catching a halo lift amid well-received earnings from chip sector peer Advanced Micro Devices (AMD). Prior to today's burst, Micron stock was mired in a steep pullback from its mid-March high at $63.42. If past is precedent, though, it could be time to bet on MU's next leg hi...Read More

(Reuters) - Wall Street stocks rose on Thursday, as strong earnings from Facebook and a handful of chipmakers powered technology stocks, and U.S. bond yields pulled back.The tech-laden Nasdaq Composite index opened more than 1 percent higher, on track to break its five-day losing streak, its longest since November 2016. The S&P technology index rose 1.4 percent, the biggest gainer among the 11...Read More

(Reuters) - The New York Times Co (NYT.N) on Thursday named Roland Caputo as its next chief financial officer, tapping a company veteran to succeed James Follo whose retirement was announced in October.Caputo, who has had a 32-year career at the Times, has been serving as interim finance chief since March.Caputo, 57, has also served as the executive vice president of the newspaper publisher’...Read More

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(Bloomberg Gadfly) - The most drawn-out deal in the global mining industry looks set for another round.Freeport-McMoRan Inc. shares have fallen about 21 percent since they opened Monday, headed for their worst weekly performance in almost three years.The reason is a further wrinkle in the Indonesian government's attempt to lift its stake in the Grasberg mine on the island of New Guinea, one...Read More

(Bloomberg Gadfly) - The most drawn-out deal in the global mining industry looks set for another round.Freeport-McMoRan Inc. shares have fallen about 21 percent since they opened Monday, headed for their worst weekly performance in almost three years.The reason is a further wrinkle in the Indonesian government's attempt to lift its stake in the Grasberg mine on the island of New Guinea, one...Read More

(Bloomberg Gadfly) - The most drawn-out deal in the global mining industry looks set for another round.Freeport-McMoRan Inc. shares have fallen about 21 percent since they opened Monday, headed for their worst weekly performance in almost three years.The reason is a further wrinkle in the Indonesian government's attempt to lift its stake in the Grasberg mine on the island of New Guinea, one...Read More

(Bloomberg) - Latin America's top mining exposition kicked off with a seminar on promoting gender equality. Meanwhile, at the exhibition center a few miles away, women in tight dresses and high heels posed next to mining tool booths and strip-club promoters at the entrance offered two-for-one drink coupons to attendees.The week-long Expomin event in Chile offered a glimpse at both how far the ind...Read More

BERLIN (Reuters) - German and French officials on Thursday signed four documents that they said underscored their determination to work together to jointly develop new weapons systems, including a maritime airborne warfare aircraft and a new fighter jet.German Defense Minister Ursula von der Leyen and her French counterpart Florence Parly both described the move as historic.Von der Leyen underscor...Read More

Mr. Ian Klassen reportsGMV MINERALS INC.'S INDEPENDENT CO-AUTHORS REQUIRE 2-3 ADDITIONAL WEEKS TO COMPLETE THE UPDATED MINERAL RESOURCE ESTIMATEGMV Minerals Inc.'s two independent co-authors, engaged to update the company's mineral resource estimate, will require two to three weeks of additional time to complete and submit their report. Dr. D.R. Webb, PhD, PGeo, PEng, the company's acting project...Read More