Author: IA PressRoom

keni1 Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) has approached Teck Resources (NYSE:TECK) over buying its coal assets, providing an alternative to Glencore’s original proposal for a full-blown merger of the two companies, The Wall Street Journal reported Sunday. Glencore’s (OTCPK:GLCNF) (OTCPK:GLNCY) original merger offer reportedly is still on the table, but the miner has indicated to Teck (TECK) that it would also be willing to buy just the coal business if that is the only asset up for sale. Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) has said it could revise its ~$23B bid for the whole company if Teck (TECK) would engage on a potential transaction,…

Trump will appear in court Tuesday on charges related to hoarding top-secret documents. His Republican allies are amplifying claims that he’s the target of a political prosecution. Their arguments overlook abundant factual and legal differences between his case and Clinton’s. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app As former President Donald Trump prepares for a momentous court appearance Tuesday on charges related to the hoarding of top-secret documents, Republican allies are amplifying, without evidence, claims that he is the target of a political…

As you begin to dread higher summer air-conditioning bills, keep in mind that home energy tax credits are blooming like cherry blossoms. Under the Inflation Reduction Act, there are a bushel basket of federal tax credits for making your home more energy efficient. Here’s a sampling of the major breaks, according to the U.S. Department of Energy: Heat Pumps. These ultra-efficient heating/cooling units qualify for a 30% credit on total project cost up to $2,000. In general, all ducted heat pumps that have earned the ENERGY STAR label are eligible, as well as certified mini-split systems (non-ducted). Central Air Conditioners.…

© Reuters. FILE PHOTO: Britain’s Prime Minister Rishi Sunak meeting US CEOs, including General Motors boss Mary Barra at the Business Roundtable during his visit to Washington DC in the US. Picture date: Thursday June 8, 2023. Niall Carson/Pool via REUTERS LONDON (Reuters) – Britain must act quickly to remain a tech capital, Prime Minister Rishi Sunak will tell tech leaders on Monday, urging them to grasp the opportunities and challenges of artificial intelligence. Sunak, speaking at the start of London Tech Week, will say the “tectonic plates of technology are shifting”. “We must act – and act quickly –…

© Reuters. FILE PHOTO: Britain’s Crispin Odey arrives at Westminster Magistrates Court in London, Britain September 28, 2020. REUTERS/Hannah McKay/File Photo LONDON (Reuters) – Odey Asset Management Partnership has started its replacement plan for Crispin Odey after severing “personal and economic involvement” with the founder, following allegations of sexual misconduct, said a letter seen by Reuters on Sunday. Freddie Neave will take over full responsibility of the Odey European Inc (OEI) and OEI Mac funds. James Hanbury will assume leadership of the LP Odey Opus Fund and Oliver Kelton will take the Odey Pan European Fund. Odey Swan Fund will…

Former U.S. Attorney General William Barr said Sunday that the 37-count federal indictment against Donald Trump over his handling of classified documents is “very, very damning,” and rejected Trump’s claims that the charges were political in nature. Appearing on “Fox News Sunday,” Barr — who served as Trump’s attorney general from February 2019 to December 2020 — said “this idea of presenting Trump as a victim here, a victim of a witch hunt, is ridiculous.” “ “It’s a very detailed indictment. And it’s very, very damning.”” — William Barr Barr said it was clear that Trump mishandled classified documents. “He…

© Reuters. FILE PHOTO: A man walks past an electric monitor displaying Japan’s Nikkei share average and recent movements, outside a bank in Tokyo, Japan, June 5, 2023. REUTERS/Issei Kato By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf. Asian markets will turn their attention to a series of central bank meetings after ending last week on a buoyant note. MSCI’s gauge of world stock markets on Friday hit its highest point in 13 months. Wall Street was upbeat as the notched its fourth straight weekly gain and a 20% rise from…

sasirin pamai Investors and economists are expecting the Federal Reserve to end a string of 10 straight rate hikes on Wednesday by keeping its policy rate unchanged on Wednesday. But don’t call it a pivot or even a pause. The Fed officials’ preferred term is “skip,” suggesting that they’ll skip a rate increase at the June meeting in order to assess the impact of the the five percentage points of tightening they’ve already done. It will also give them a chance to see if this Spring’s bank stresses will do some of the work for them. The market expects a…

Walmart, Costco, Sam’s Club, and many other retailers check shoppers’ receipts at store exits. Retail employees check receipts to reduce theft and ensure customers leave with all their purchases. Showing your receipt is simple and painless — and saves retail workers a headache. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app If you’ve ever shopped at Walmart or Costco, you’ve probably been asked to show your receipt at the door. Some customers have complained about this practice on social media. Videos posted to TikTok show…

UBS is to impose tight restrictions on Credit Suisse bankers including a ban on new clients from high-risk countries and on complex financial products as it prepares to take over its ailing rival as early as Monday.UBS executives have drawn up a list of nearly two dozen “red lines” that prohibit Credit Suisse staff from a range of activities from the first day the two banks are combined, according to people with knowledge of the measures. Prohibited activities include taking on clients from countries such as Libya, Russia, Sudan and Venezuela and launching new products without approval from UBS managers.Ukrainian…