Blinken urges China’s vigilance on its firms providing tech to Russia

By Humeyra Pamuk BEIJING (Reuters) -U.S. Secretary of State Antony Blinken said on Monday he had asked China’s government to be vigilant about private companies that may be providing Russia with technology that could be used against Ukraine, although he said he had seen no evidence Beijing is providing lethal assistance to Moscow. “What we …

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Lithium Energy inks deal for battery-grade plant at Argentina project

(Reuters) – Lithium Energy on Tuesday signed an agreement with Xi’an Lanshen New Material Technology, allowing the Chinese company to build a battery-grade lithium plant at the Australian-listed firm’s Solaroz project in Argentina. Xi’an Lanshen will employ its proprietary direct lithium extraction (DLE) technology, and the plant will be capable of producing up to 3,000 …

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‘Great Resignation’ continues as quarter of workers look to change jobs – PwC

By Divya Chowdhury MUMBAI (Reuters) – A quarter of workers surveyed by PwC expect to change jobs in the next 12 months, up from 19% last year, as they are increasingly left cash-strapped in a cooling economy while dealing with inflationary pressures. Even as the ‘Great Resignation’ continues, around 42% of the employees surveyed by …

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Bankers see stable interest rates reviving Asia’s capital markets in second half

By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) – Asia’s dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in the region’s equity capital markets, after volumes in the first half of the year sank to their lowest in four years. First-half Asia Pacific equity …

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Analysis-New rules set to shake up China’s shrinking infant formula market

By Farah Master HONG KONG (Reuters) – China’s introduction of the world’s strictest nutrient standards for infant formula are likely to see scores of brands give up on a market that is shrinking along with the country’s falling birth rates, industry executives and analysts say. New rules imposed in February force infant formula makers to …

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Biden criticizes U.S. senator’s hold on military nominations

By Trevor Hunnicutt and Nandita Bose (Reuters) – President Joe Biden on Monday criticized Republican U.S. Senator Tommy Tuberville for holding up some 200 Pentagon nominees over a Defense Department abortion policy. “It’s just bizarre. I don’t remember it happening before, and I’ve been around,” Biden said of the actions of Tuberville at a fundraiser …

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Ukraine says ‘biggest blow’ in offensive is yet to come

By Oleksandr Kozhukhar KYIV (Reuters) – Ukraine’s Deputy Defence Minister Hanna Maliar said the “biggest blow” in Kyiv’s military campaign is yet to come, but admitted the operation is difficult as Russia throws all it can to stop the offensive. “The ongoing operation has several objectives, and the military is fulfilling these tasks,” Maliar said …

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Woodside Energy espera primera producción de crudo en proyecto mexicano Trión en 2028

19 jun (Reuters) -La australiana Woodside Energy dijo el lunes que aprobó una inversión final para el desarrollo petrolero Trión, en el que va en alianza con la petrolera estatal mexicana Pemex, y que espera la primera producción de crudo para 2028. Para Trión, ubicado en aguas profundas del Golfo de México, Woodside prevé un …

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Japan regulator sounded out top domestic banks about China risks, sources say

By Takaya Yamaguchi, Makiko Yamazaki and Paritosh Bansal TOKYO (Reuters) -Japan’s financial regulator has sounded out top domestic banks about China risks and whether they have plans in place if Sino-Western tensions escalate, according to multiple sources with direct knowledge of the matter.  The Financial Services Agency’s (FSA) request, which has not been previously reported, is to ensure Japan’s megabanks are …

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Banco Central de Chile mantiene tasa de interés, podría iniciar recortes en el corto plazo

SANTIAGO, 19 jun (Reuters) -El Banco Central de Chile mantuvo el lunes la tasa de interés referencial en 11,25%, tal como esperaba el mercado, pero dijo que podría iniciar un proceso de reducción en el corto plazo de mantenerse las recientes tendencias que muestran una baja de la inflación. La decisión de mantener la tasa …

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