Investors fear looming safety risks of mining waste dams
A global inquiry into how mining companies store billions of tonnes of waste in huge dams, launched after a collapse in Brazil killed hundreds, shows about a tenth of the structures have had stability issues, investors said on Thursday.
Carlyle’s third-quarter earnings drop by a quarter as asset sales slow
U.S. buyout firm Carlyle Group LP reported a 25% year-on-year drop in its third-quarter earnings on Thursday, driven by lower proceeds from asset sales in its private equity portfolio.
Ukraine president says Nord Stream 2 decision strengthens Russia and weakens Europe
Denmark’s decision to approve the Nord Stream 2 pipeline strengthens Russia and weakens Europe, Ukrainian President Volodymyr Zelenskiy said on Thursday.
Stocks touch 20-month high, bond yields fall after Fed cuts
World stocks edged to their highest in 20 months on Thursday after the Federal Reserve cut rates even as it signaled it would hold back from further reductions, sending bond yields and the dollar down.
Fiat’s China partner GAC says respects merger plan
Fiat Chrysler’s Chinese partner Guangzhou Automobile Group said it respected the firm’s decision to merge with Peugeot parent firm PSA and would look to deepen its cooperation with the automaker.
Scrapped Chile APEC summit throws up new hurdle for U.S.-China trade deal
Leaders from the United States and China encountered a new obstacle in their struggle to end a damaging trade war on Wednesday, when the summit where they were supposed to meet was canceled because of violent protests.
German union seeks to preserve Opel independence as Peugeot pursues FCA
IG Metall, Germany’s largest union by members, said on Thursday it would seek to preserve the autonomy of PSA’s German unit Opel after PSA and Fiat Chrysler announced plans to create the world’s fourth-largest automaker.
Fiat Chrysler, Peugeot deal good news but must not affect jobs in Italy: Italian minister
A planned merger between Italy’s Fiat Chrysler (FCA) and French Peugeot owner PSA is good news provided it does not affect jobs in Italy, the country’s industry minister said on Thursday.
Chinese officials say they have doubts if trade deal possible with Trump: Bloomberg
Chinese officials have doubts about whether it is possible to reach a comprehensive long-term trade deal with Washington and U.S. President Donald Trump, Bloomberg reported on Thursday, citing unnamed sources.
Nintendo’s second-quarter profit doubles as Switch Lite delivers boost
Nintendo Co Ltd’s second-quarter operating profit more than doubled, blowing past analyst estimates, on strong demand for its Switch console.
