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Germany’s Aurubis to ramp up new US copper recycling facility

Germany’s Aurubis to ramp up new US copper recycling facility

By Pratima DesaiSANTIAGO (Reuters) - Aurubis will be ramping up its copper recycling smelter in the U.S. this year, the German company’s CEO Toralf Haag told Reuters on Wednesday, adding Aurubis sees more potential for investment in future years.Aurubus has invested $800 million building the project, which took four years. Haag said it will process 180,000 metric tons of complex copper scrap and ...

2025-04-10 15:23:16
Mexico stocks higher at close of trade; S&P/BMV IPC up 4.39%

Mexico stocks higher at close of trade; S&P/BMV IPC up 4.39%

Investing.com – Mexico stocks were higher after the close on Wednesday, as gains in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares higher.At the close in Mexico, the S&P/BMV IPC rose 4.39%.The best performers of the session on the S&P/BMV IPC were Grupo Carso, S.A.B. De C.V. (BMV:GCARSOA1), which rose 9.67% or 11.41 points to trade at 129.43 at the ...

2025-04-10 15:20:57
Walmart backs annual forecasts, vows to keep prices low despite tariffs

Walmart backs annual forecasts, vows to keep prices low despite tariffs

By Siddharth Cavale and Ananya Mariam RajeshDALLAS (Reuters) -Walmart on Wednesday reaffirmed its confidence in its every day low price strategy, maintaining full-year forecasts for sales and income growth while pledging to keep prices low despite concerns about rising prices due to U.S. President Donald Trump’s tariffs.The company’s shares, which were down nearly 9% since Trump announced a ra ...

2025-04-10 15:18:27
Alphabet reaffirms $75 billion spending plan in 2025 despite tariff turmoil

Alphabet reaffirms $75 billion spending plan in 2025 despite tariff turmoil

By Kenrick CaiLas Vegas (Reuters) -Alphabet said on Wednesday it was still committed to spending some $75 billion this year to build out data center capacity despite turmoil over U.S. tariffs and sought to reassure investors that its AI plans were yielding good returns.Investors are fretting about the massive capital costs of AI projects, especially as uncertainty surrounding U.S. President Donald ...

2025-04-10 15:16:12