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February 28, 2020

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Reuters - Business

China’s main manufacturing hubs reboot after virus shutdown

Reuters
by Reuters03
BEIJING/SHANGHAI (Reuters) – As many parts of China ease coronavirus travel curbs, main manufacturing hubs in the east and south are seeing hundreds of thousands of migrant workers returning to work and more traffic on the roads during rush hours. FILE PHOTO: Traders buy and sell chips and components on......
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Reuters - Business

Teck drops C$20.6 billion oil sands Frontier project, to take writedown

Reuters
by Reuters02
TORONTO (Reuters) – Canadian miner Teck Resources Ltd has withdrawn an application to build its C$20.6 billion ($15.7 billion) Frontier oil sands mine in Alberta, days before the federal government was to decide on whether to approve a project opposed by environmentalists and indigenous groups. FILE PHOTO: Teck Resources sign......
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History

The History of the Hard Hat | Innovation

Smithsonian
by Smithsonian05
During World War I, death occurred on an apocalyptic scale in the killing fields of Europe. The advent of continuous-fire machine guns and modern artillery with high-explosive shells obliterated millions of lives in an era of bloody trench warfare. One saving grace was the helmet. Countless soldiers were able to......
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Reuters - Business

Barclays chief Staley probed over Epstein ties

Reuters
by Reuters012
LONDON (Reuters) – Britain’s financial regulators are probing historical links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, the bank said on Thursday. Barclays said its board had looked into media reports on Staley’s relationship with......
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Reuters - Business

Barclays CEO probed over Epstein ties, overshadowing profit gains

Reuters
by Reuters010
FILE PHOTO: Barclays’ CEO Jes Staley arrives at 10 Downing Street in London, Britain january 11, 2018. REUTERS/Peter Nicholls LONDON (Reuters) – Barclays on Thursday said Britain’s financial regulators are probing the historical links between Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting......
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Reuters - Business

Exclusive: Germany’s Volkswagen and Daimler push for more ‘sustainable’ Chile lithium

Reuters
by Reuters09
SANTIAGO (Reuters) – German automakers Volkswagen (VOWG_p.DE) and Daimler (DAIGn.DE) have launched a study to push for more “sustainable” lithium mining in Chile, according to lobbyist filings reviewed by Reuters, a sign of growing supply chain concerns ahead of an expected electric vehicle boom. Chile’s Atacama salt flat is by......
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Reuters - Business

Exclusive: Top lithium miner seeks to monitor water scarcity in parched Chile salt flat

Reuters
by Reuters09
SANTIAGO (Reuters) – With residents and courts ringing the alarm about depleted water supplies in Chile’s Atacama salt flat, the world’s top lithium miner Albemarle (ALB.N) quietly filed a proposal in December for a network to monitor flows beneath the parched desert floor. Ellen Lenny-Pessagno, Country Manager of Albemarle Corporation,......
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Reuters - Business

Glencore fourth-quarter down in most metals but 2020 targets unchanged

Reuters
by Reuters012
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo LONDON (Reuters) – Glencore posted a 6% fall in fourth-quarter copper production and a 13% decline in cobalt as the miner and trader shut its......
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Reuters - Business

Glencore fourth-quarter copper output down 9%

Reuters
by Reuters08
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Commodity miner and trader Glencore Plc reported a 9% fall in fourth-quarter copper production on Tuesday, as its Mutanda mine in the Democratic......
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Reuters - Business

Miners face funding squeeze as green investing surges

Reuters
by Reuters011
CAPE TOWN (Reuters) – As global investors shift away from heavy industry in favor of cleaner sectors, mining companies are losing billions in financing, raising the cost of capital and jeopardizing projects. FILE PHOTO – Organisers set up the stage before South Africa’s President Cyril Ramaphosa speech during the Investing......
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Reuters - Business

China’s annual aluminum output falls for first time in 10 years: statistics bureau

Reuters
by Reuters08
BEIJING (Reuters) – China’s annual aluminum production fell for the first time in 10 years in 2019, official data showed on Friday, hit by softer demand amid the Sino-U.S. trade row and large-scale smelter outages. Aluminum output in the world’s largest producer of the metal dropped to 35.04 million tonnes......
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Reuters - Business

Walmart sacks 56 executives in India as part of restructuring

Reuters
by Reuters013
NEW DELHI (Reuters) – Walmart Inc, the world’s largest retailer, has fired 56 of its executives in India as it restructures in the country. FILE PHOTO: Customers shop at a Walmart India’s Best Price Modern Wholesale store in Jammu May 8, 2018. REUTERS/Mukesh Gupta/File Photo The move underscores the challenges......
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Reuters - Business

Walmart sacks around 50 executives in India restructuring: sources

Reuters
by Reuters013
NEW DELHI (Reuters) – Walmart Inc (WMT.N), the world’s largest retailer, has fired around 50 of its India executives as part of its restructuring in the country, three sources with direct knowledge told Reuters. FILE PHOTO: Walmart’s logo is seen outside one of the stores ahead of the Thanksgiving holiday......
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Reuters - Business

Apple pushes recycling of iPhone with ‘Daisy’ robot

Reuters
by Reuters014
AUSTIN, Texas (Reuters) – Apple Inc APPL.O is trying to change the way electronics are recycled with a robot that disassembles its iPhone so that minerals can be recovered and reused, while acknowledging rising global demand for electronics means new mines will still be needed. FILE PHOTO: Aluminum iPhone cases......
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Reuters - Business

Apple pushes recycling with robot, but mined metals still needed

Reuters
by Reuters018
AUSTIN, Texas (Reuters) – Apple Inc APPL.O is trying to change the way electronics are recycled with a robot that disassembles its iconic iPhone so that minerals can be recovered and reused, but rising global demand for electronics means new mines will still be needed by manufacturers. FILE PHOTO: Aluminum......
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New York Post

Skull of Pennsylvania fugitive found in ‘active mining pit’

NYPost
by NYPost027
New York Post – For more and to sign up click here Researchers have linked a human skull discovered in an “active mining pit” in Pennsylvania to a fugitive in the state, reports said. The skull of 34-year-old Jason Gold was discovered in the mine in Schuylkill County in late......
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History

How This Abandoned Mining Town in Greenland Helped Win World War II | Travel

Smithsonian
by Smithsonian035
It was a foggy morning in south Greenland as I stood on deck and peered at the mountains poking through the clouds. Our Adventure Canada expedition ship docked offshore, and we disembarked on Zodiac boats to what looked like a ghost town. Scattered on the rocky shore were little white......
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History

A History of the Aberfan Disaster From “The Crown” | History

Smithsonian
by Smithsonian050
SMITHSONIANMAG.COM | Nov. 15, 2019, 3:45 p.m. Jeff Edwards’ primary school teacher had just started the day’s math lesson when an ominous rumble sounded in the distance. “The next thing I remember was waking up,” he later recalled. “My right foot was stuck in the radiator and there was water......
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