By Gleb BryanskiMOSCOW (Reuters) -U.S. businessman James Cameron has offered to buy mining giant Eurasian Resources Group for $5 billion, a letter he sent to its board showed, as the company prepares to participate in a major expansion of Kazakhstan’s rare earths output.ERG, a Luxembourg-based producer of copper, cobalt, aluminium, and iron ore that is 40%-owned by the Kazakh government, said la ...
Investing.com -- Huawei Technologies is preparing to start mass shipments of its advanced 910C artificial intelligence (AI) chip to clients in China as early as next month, according a Reuters report on Monday. Some shipments of the chip have already been dispatched.This development comes at a convenient time for Chinese AI firms, which have been seeking domestic alternatives to the H20, the main ...
Investing.com -- South Korean electronics giants LG and Samsung (KS:005930) have taken legal action against the Indian government over a policy that boosts compensation to electronic-waste recyclers. The information was made available through recent court documents. The companies join a growing list of international corporations challenging India’s environmental regulations due to their potentia ...
(Reuters) - Canada’s main stock index opened lower on Monday, dragged by losses in energy shares, while U.S. President Donald Trump’s renewed criticism of Federal Reserve Chair Jerome Powell raised concerns about the central bank’s independence and exacerbated risk-off sentiment.At 9:32 a.m. ET (1332 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 0.3% at 24,133.46 ...