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☆ South Africa has one of the world’s largest manganese reserves. So why does it outsource for processing?
▼ + stars: | 2024-04-30 | by ( Jackelyn Prager | ) edition.cnn.com time to read: +5 min

CNN —On delivery day at the Manganese Metal Company’s industrial complex in Mbombela, South Africa, truckloads of manganese ore from the Kalahari Basin in the Northern Cape are ushered inside for processing. South Africa has the world’s largest manganese reserves; however, the International Manganese Institute estimates only 2% of the manganese ore produced within the country is locally processed. The Manganese Metal Company says it receives 80,000 tons of ore every year, with plans to build a $25 million commercial processing plant by the end of 2026. With an abundance of manganese reserves, South Africa has potential to become a leader in high purity manganese sulfate production, but d’Harambure says “issues with the electricity sector in South Africa” and “an increase in electricity prices” have made it difficult to produce manganese chemicals and alloys there. Green potentialThese obstacles are not stopping the Manganese Metal Company from trying to capitalize on the EV boom and expand its processing facilities.

Persons: Louis Nel, ” Nel, Aloys d’Harambure, Nel, ” d’Harambure, ”, d’Harambure, D’Harambure, It’s Organizations: CNN, International Manganese Institute, Metal, International Energy Agency, Metal Company, Employees, Manganese Locations: Mbombela, South Africa, Northern, EVs, China, Mexico, Australia, Europe, Africa

☆ We're budgeting $400,000 to flip 5 train cars into Airbnbs. It all started with a 1970s caboose we bought on Facebook marketplace.
▼ + stars: | 2024-04-28 | by ( Dan Latu | ) www.businessinsider.com time to read: +2 min

Read previewOne Ohio couple is all-in on ambitious project to turn historic train cabooses into short-term rental getaways. Ray and Karen DeVite spoke to Business Insider about the project, which all began with a fateful Facebook Marketplace scroll. One night, Karen was scrolling Facebook and by chance saw an advertisement for a historic train caboose. Now, the couple has a historic 1970's Chessie System caboose and 1950's Nickel Plate Road caboose, purchased from the same seller they found on Facebook. The DeVites unknowingly tapped into a massive community of train enthusiasts and have been connected with historic caboose fans through Facebook groups.

Persons: —, Ray, Karen DeVite, Karen Organizations: Service, Business, Facebook Locations: Xenia , Ohio

☆ BHP Anglo American bid: The clean energy race could trigger the biggest mining deal in decades
▼ + stars: | 2024-04-25 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Mining giant BHP has made a near-$40 billion bid to take over its UK rival Anglo American in what would be the largest mining deal on record. BHP said in a statement Thursday that it valued Anglo American shares at £25.08 ($31.40) apiece, or £31.1 billion ($38.9 billion) in total. The potential deal would have a higher value than the $38.3 billion acquisition of Switzerland’s Xstrata by commodities company Glencore in 2012, according to Dealogic data. It would also be the biggest merger or acquisition in the mining industry by value since Dealogic began collecting the data in 2004. Shares in Anglo American soared as much as 13.8% on the news.

Persons: BHP, Dealogic, “, Mike Henry, ” Susannah Streeter, Hargreaves Lansdown, Rob North Organizations: London CNN — Mining, BHP, London Metals, Oz Minerals, United Kingdom’s, London Stock Exchange, City of, Hargreaves Locations: Australia, City, City of London

[laufey, "misty"]archived recording (laufey) (SINGING) Look at me I’m as hopeless as a kittenanna martinShe got her start in the most Gen Z way possible — on TikTok. [laufey, "falling behind"]archived recording (laufey) (SINGING) Everybody’s falling in love And I’m falling behindanna martinToday, Laufey reads an essay called “An Anxious Person Tries to Be Chill,” by Coco Mellors. And so, I think that’s kind of what we’re always itching for, that sense of love, even though it’s not really love. laufeyWell, the first love song I wrote, called “Best Friend.” I’d never been in love before, and I wanted to write a love song. archived recording (laufey) [SCATTING]: You’re my best friend in the world [MUSIC PLAYING]anna martinNext week, I talk with model and writer Emily Ratajkowski.

Persons: anna martin, ” I’m Anna Martin, Laufey, anna martin She, ”, you’re, Everybody’s, Coco Mellors, won’t, anna martin Laufey, you’ve, Matt Haig, Madeline Miller, It’s, laufey, it’s, Paul Newman, ’, ‘, didn’t, Henry, ’ Henry didn’t, I’d, I’m, ’ Henry, anna martin Man, —, Laufey’s, ghosting, Coco Mellor’s, avoidant, I’ve, Boston, Let’s, hadn’t, Coco, she’s, he’s, anna martin Right, that’s, anna martin I, We’ll, ” I’d, ” anna martin Aw, Emily Ratajkowski, Emily’s, emily ratajkowski Organizations: The New York Times, Gay, Boston Locations: TikTok, West, Central, ‘, Los Angeles, —, Boston, It’s, what’s

☆ Critical mineral mining is key to the green transition, but experts warn reputational risks remain
▼ + stars: | 2024-04-19 | by ( Dylan Butts | ) www.cnbc.com time to read: +5 min

Sopa Images | Lightrocket | Getty ImagesMining of critical minerals plays a crucial role in the global green transition, but the broader industry's bad reputation and other challenges present investment barriers, industry experts warn. Critical minerals include metals such as copper, lithium, nickel, cobalt and rare earth elements, and are important components in emerging green technologies such as wind turbines and electric vehicles. Speaking on a panel at Singapore's annual Ecosperity Week, which ended Wednesday, mining industry experts and investors said the growing demand from green tech makes it necessary to increase government support and capital flows into the critical mining sector. Many of the same companies that mine critical minerals also mine environmentally damaging fossil fuels like coal. One area that has seen recent strides and investments has been in the recycling of critical minerals, which cuts down the need of extraction.

Persons: Adam Matthews, Dominic Barton, Barton, Scott Clements Organizations: PT Vale, Getty Images, Global Investor Commission, Mining, Royal Bank of Canada, Rio Tinto, LeapFrog Investments, International Renewable Energy Agency, EV, World Bank, Tribeca Capital Locations: PT Vale Indonesia, China, Paris, Rio, Indonesia's Sulawesi, Rio Tinto, Western Australia

☆ Space garbage hits Florida home, NASA confirms
▼ + stars: | 2024-04-16 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

CNN —A piece of garbage jettisoned from the International Space Station unexpectedly survived a fiery reentry from orbit last month and pierced the roof of a home in Florida, according to NASA. Garbage disposal in spaceNASA routinely brings home batches of science experiments, cargo and garbage from the space station using capsules such as the Dragon spacecraft built by SpaceX. But after the installation of new batteries on the space station in 2021, authorities disposed of a pallet of aging nickel-hydrogen batteries in a different way. But the debris that struck Otero’s house was the result of miscalculations about how space garbage would behave. The space agency should be more conservative in its analysis if it attempts a similar trash disposal method in the future, he added.

Persons: ” Alejandro Otero, Otero, ” Otero, “ I’m, Otero’s, John Crassidis, ” Crassidis Organizations: CNN, International, NASA, WINK News, Kennedy Space Center, SpaceX, European Space Agency, ESA, China National Space Administration, University, Buffalo’s School of Engineering, Applied Locations: Florida, Naples , Florida, China

☆ Activists helped shut down an oil refinery after a series of explosions. The consequences weren’t what they expected
▼ + stars: | 2024-04-14 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +17 min

Philadelphia CNN —Bilal Motley, utilities manager at a former Philadelphia oil refinery, was working the graveyard shift when a massive explosion broke out in the early morning hours of June 21, 2019. “This oil refinery was talked about and passed down through generations,” Sanders said. Rachael WarrinerPES is no longer functioning as a refining company, but Sunoco, whose subsidiary Evergreen owned the former PES site, did not respond to requests for comment. The PES refinery complex was the largest source of particulate air pollution in Philadelphia. Hilco Redevelopment PartnersBut UPenn’s Neises said given the scale and history of the property, Hilco will need to take its time to redevelop the area of redevelopment.

Persons: Philadelphia CNN — Bilal Motley, I’m, ” Motley, ’, ”, Motley, trekked, Hilco, Ellen Neises, they’ll, Sonya Sanders, Sanders, ” Sanders, “, Rachael Warriner, Rachel Ramirez, Phil Rinaldi, Matt Rourke, Mike Smith, ” Roberto Perez, Amelia Chasse Alcivar, UPenn’s Neises, Neises, she’s, you’re, Philly Thrive’s Sanders, there’s Organizations: Philadelphia CNN, Philadelphia Energy Solutions, US Chemical Safety, Hazard Investigation, Hilco, Partners, CNN, University of Pennsylvania’s Weitzman, of Design, longtime, Evergreen, PES, Environmental Protection Agency, Drexel University, University of Pennsylvania’s School of Medicine, Philadelphia International Airport, City of, City of Philadelphia Refinery Advisory, Hilco Redevelopment Partners, Industrial Realty, ., Philadelphia Energy Solutions Refining, United Steelworkers Union, Oil Bargaining, EPA, “ Locations: Philadelphia, East, Schuylkill, New York City, Chicago, longtime South Philadelphia, South Philadelphia, Grays Ferry, Breeze, City of Philadelphia, New York, Delaware, Pennsylvania, Bellwether District, ”, Bellwether

☆ Boeing CEO’s penchant for cost-cutting doesn’t apply to his trips on the company jet
▼ + stars: | 2024-04-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

New York CNN —When it comes to building planes, Boeing CEO Dave Calhoun is all about streamlining costs. That oopsie was discovered in an internal review, which was prompted by a Wall Street Journal investigation last year into Boeing executives’ private jet travel, the paper reported Thursday. To be clear: Boeing requires Calhoun, who is stepping down later this year, to use its private jets for business and personal travel for security reasons. But when a CEO uses the company jet for a family vacation, that usually counts as taxable income. Over the last three years, Calhoun racked up $979,000 in personal air travel, according to the company.

Persons: CNN Business ’, Dave Calhoun, Calhoun, thriftiness, Chris Isidore, oopsie, that’s, we’ve, It’s, lavishing Calhoun, teeing, Jon Holden Organizations: CNN Business, New York CNN, Boeing, Wall Street, IRS Locations: New York, Arlington , Virginia, Seattle, America

Editor’s Note: In this appeal to Congress, more than 35 artists, activists, scholars and others call for funding for Ukraine. On territory that Russia occupies, it tortures Ukrainian citizens, kidnaps Ukrainian children and murders Ukrainian leaders. By fighting Russia alone, they protect Europe. By fighting a conventional war against a nuclear power, they are making nuclear proliferation and nuclear war less likely. Together we call upon Congress to do the right thing – right now.

Persons: Read, Stringer, Abrams, José Andrés, Gabrielle Carteris, Mona Charen, Misha Collins, Rosario Dawson, Felicia Day, Doug Fears, Jonathan Safran Foer, Francis Fukuyama, Mark Hamill, Gale Anne Hurd, Dara Khosrowshahi, William Kristol, Eric Edelman, Scott Kelly, Daniel Lubetzky, Michael McFaul, Kate McKinnon, Alyssa Milano, Viggo Mortensen, Patton Oswalt, Phillips O’Brien, Brad Paisley, Sean Penn, Serhii Plokhii, Ivanna Sakhno, Eric Schmidt, Liev Schreiber, Timothy Snyder, Terrell Jermaine Starr, Barbra Streisand, Hilary Swank, Peter Wehner, Katheryn Winnick Organizations: Ukraine, CNN, Getty Locations: Russia, Russian, Crimean Tatars, Ukrainian, Kharkiv, Mariupol, Aleppo, Grozny, Europe, Donetsk, Ukraine, AFP, China, Beijing, Asia, East, Africa, United States

☆ US awaits Netanyahu’s response after Biden’s ultimatum
▼ + stars: | 2024-04-04 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Despite repeatedly expressing its frustration with Israeli tactics, the White House has been unwilling or unable to impose any leverage on the prime minister. There was no immediate response from the prime minister, who held a cabinet meeting after the call that he used to warn that Israel will defend itself against Iran. The Israeli prime minister is a consummate Washington player and has been engaging with Biden’s Republican foes on Capitol Hill, in an alliance that could increase political complications for the president if he creates deeper fractures with the Israeli prime minister. If Biden eventually assesses his warnings are falling on deaf ears, his credibility will depend on him publicly imposing a cost on the Israeli prime minister. But Biden’s political imperatives and the increasing humanitarian price of the war in Gaza mean he’s approaching a fateful crossroads.

Persons: Joe Biden, Benjamin Netanyahu, Netanyahu, Biden, –, Antony Blinken, Delaware Sen, Chris Coons, Blinken, Israel, John Kirby, Israel –, fulsomely, Biden didn’t, Leon Panetta, CNN’s Jake Tapper, ”, Independent Sen, Bernie Sanders, Tapper, “, ” Sanders, ” Netanyahu’s, ” Netanyahu, ” Kirby, Mike Johnson Organizations: CNN, Arab, Israel, Israel Defense Forces, Democrat, White, Democratic, White House, National Security Communications, Independent, Hamas, Islamic, Islamic Revolutionary Guard Corps, United, Washington, Republican, GOP Locations: Israel, Gaza, United States, Delaware, Palestinian American, Brussels, Washington, Vermont, Iran, Islamic Republic, Damascus, Rafah

☆ Tesla has a big competitor. And it is China’s BYD
▼ + stars: | 2024-04-03 | by ( Rosa Deacostanoya | Rosa De Acosta | ) edition.cnn.com time to read: +4 min

In 2023, Tesla sold around 230,000 more cars than BYD. That drop was big enough for Tesla, which sold 386,810 BEVs in the same period, to retake its former position despite posting plunging sales. Both Tesla and BYD are expanding beyond their home markets and investing in factories abroad. BYD sold about 3 million electric cars, including hybrids, in 2023 globally. By comparison, Tesla, which does not sell hybrids, delivered a total of 1.8 million vehicles worldwide last year, which was about 19% of the global market for BEVs.

Persons: Hong Kong CNN —, Wang Chuanfu, It’s, Murthy Grandhi, BYD, Tesla Organizations: Hong Kong CNN, Tesla, Toyota, French PSA Group, Fiat Chrysler Automobiles, Chrysler, Maserati, Peugeot, BMW, Ford, Benz, Ferrari, Yuan, Rho, BEVs Locations: China, Hong Kong, Shenzhen, London, United States, American, Shanghai, California, Canada, European

☆ Beyoncé fans say songs are missing from vinyl and CD copies of 'Cowboy Carter,' fueling theories of last-minute changes to the album
▼ + stars: | 2024-04-01 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

Read previewBeyoncé's eighth studio album was released to critical acclaim last week, but fans of the singer have been left disappointed after discovering that their vinyl and CD copies of "Cowboy Carter" are missing some of their favorite tracks. "Cowboy Carter" was released on March 29, 2024. ParkwoodWith an expansive 79-minute runtime, "Cowboy Carter" is Beyoncé's longest album to date. Physical editions of the album bear a different title and artwork than the digital release of "Cowboy Carter." The only mention of "Cowboy Carter" on these copies on a sticker on top of plastic-sealed copies, according to Variety.

Persons: —, Carter, Linda Martell, it's, Mark Savage, Ed Sheeran, Adele, Taylor Swift, Taylor, John Shearer, Swift, Beyoncé's, Miley Cyrus, Beyoncé Organizations: Service, Business, Poet's Department, Beyoncé, Variety Locations: Louisiana

☆ Investor Tribeca presents Glencore with ideas to raise shareholder value – How it may unfold
▼ + stars: | 2024-03-30 | by ( Kenneth Squire | ) www.cnbc.com time to read: +10 min

Tribeca has been a shareholder of Glencore for seven years and has been engaging with management for a year. The company has excellent core asset quality in copper, zinc and coal, as well as a world-leading commodity trading business. Notably, Bluebell Capital Partners agitated for a demerger of Glencore's thermal coal business in 2021. However, in 2023, after acquiring a 77% interest in Teck's steelmaking coal business, Glencore stated its intention to demerge its combined coal and carbon steel businesses. The same can be said for the divestment of the trading business.

Persons: Glencore, David Aylward, Gary Nagle, astutely, Berkshire Hathaway, Ivan Glasenberg, Ken Squire Organizations: Glencore, Tribeca Investment Partners, Tribeca, Financial Times, Australian Securities Exchange, London Stock Exchange, BHP, Rio Tinto, Bluebell Capital Partners, LSE, Rio, NYSE, 13D Locations: Switzerland, Australia, Africa, South America, Sydney, Melbourne, Singapore, London, Tribeca, Glencore, Swiss, Rio, Europe, cyclicality, Berkshire

☆ The Rent Was Too High So They Threw a Party
▼ + stars: | 2024-03-28 | by ( Debra Kamin | ) www.nytimes.com time to read: +2 min

Minnie Pindar’s name reappears as Minnie Gilmore in a 1952 marriage license to Scotty Eckford, a union organizer of Black hotel employees in New York City. Mr. Eckford was also the uncle of Elizabeth Eckford, the American civil rights activist who made history in 1957 when she enrolled in the all-white Little Rock Central High School and attended class. Her younger son, Cleveland Gilmore, was 2 on that unseasonably warm November night in 1929. As an adult, he never talked about rent parties, or life in Harlem at all. He would tell us little things, like how he would buy watermelon for a nickel, but I never knew about his family.”The elder Mr. Gilmore died of a brain aneurysm in 2004, when Amir was 14.

Persons: Minnie Gilmore’s, Minnie Pindar’s, Minnie Gilmore, Scotty Eckford, Eckford, Elizabeth Eckford, Pindar, Cleveland Gilmore, “, ”, Gilmore, Amir, Billie Holiday, Bessie Smith, Ethel Waters, Calloway, Fats Waller, Harry Dial, Herman Autrey Organizations: Rock Central High School, Harlem Renaissance, Alhambra, Cotton Club Locations: New York City, Bronx, Harlem, Cleveland

☆ Want to play red hot gold prices? Buy these 3 stocks, says top hedge fund manager
▼ + stars: | 2024-03-22 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Analysts are expecting gold prices to have even more upside from here . There is a common belief that gold prices tend to rise when interest rates fall, with bonds becoming less attractive as they no longer deliver attractive yields. Stock picks Want to play the gold theme via gold miners? Even in this environment, not all gold stocks are equal – with some big miners underperforming despite the record gold price, according to Neuhauser. A third stock he named is Canada-listed Wesdome Gold Mines , which he says fits his overall criteria for gold miners.

Persons: David Neuhauser, Neuhauser, there's, Joe Biden's, Newmont, they'll Organizations: U.S . Federal Reserve, CNBC Pro, Fed, Livermore Partners, U.S, U.S ., Stock, Barrick Gold, Mining, Mines Locations: Ukraine, Gaza, U.S, Canada, OECD

☆ They voted for the bill that could ban TikTok. They also actively use the app.
▼ + stars: | 2024-03-17 | by ( Shania Shelton | ) edition.cnn.com time to read: +11 min

Jackson is not the only House representative who has both taken advantage of the popular app and voted for the bill that could ban it. Some of these representatives actively use the app to boost their campaigns, while others use it for office communications. Some members who voted in favor of the bill believe the US should be able to regulate the technology. The question of a banA few of the representatives who voted in favor of the bill have emphasized that it is not meant to be a ban of TikTok. Just being as transparent and accountable as we possibly can.”The Democratic congressman said if TikTok is banned, he will continue to use the social media platforms that aren’t banned, but said, “I don’t think that’s what’s going to happen here.”“It’s really a sell TikTok, not ban TikTok bill.

Persons: Jeff Jackson, “, Marisa, Biden, Alabama Sen, Katie Britt, Jackson, unfollow, Colin Allred, Adam Schiff of California, Elissa Slotkin, ” Jackson, TikTok, “ I’ve, ”, Republican Dan Bishop, snoop, Bill Pascrell, Schiff, ” Schiff, Joe Biden, ” Allred, Sen, Ted Cruz, Slotkin, “ I’m, ” Slotkin, Debbie Stabenow, MSNBC’s Andrea Mitchell, Annie Wu Henry, John Fetterman’s, ” Henry, Sean Casten, Greg Landsman, Wiley Nickel, Pascrell, Melanie Stansbury, Landsman, Henry Organizations: CNN — Democratic, Union, North Carolina Democrat, Democratic, Republican, ”, Communist, California Senate, Senate, Constituent, CNN Locations: North, Texas, Michigan, North Carolina, Beijing, New Jersey, United States, California, TikTok, ”, Illinois, Ohio, New Mexico

Each trip above and below freezing adds another layer of ice until the hail becomes heavy enough to fall down to Earth. The size of hail varies and can be as small as a penny or larger than apples due to varying updraft strengths said Mark Fuchs, senior service hydrologist at the National Weather Service in St. Louis, Missouri. “The stronger the updraft, the larger the hail can be ... anything bigger than two inches is really big,” said Fuchs. A hailstorm that hit Kansas City on April 10, 2001, was the costliest ever in the U.S., causing about $2 billion damage. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

Persons: Fort Riley, Strong, Mark Fuchs, hydrologist, ”, Fuchs, Ping Organizations: National Weather Service, U.S, Kansas City, Associated Press Locations: Kansas, Missouri, ” In Kansas, Wabaunsee, Geary County, Junction City, Fort, St, Louis , Missouri, U.S, Vivian , South Dakota, AP.org

☆ The Cybertruck failed a YouTuber's bulletproof test
▼ + stars: | 2024-03-11 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

YouTuber JerryRigEverything put Elon Musk's claims that the Cybertruck is bulletproof to the test. AdvertisementThe Cybertruck might not be as bulletproof as Elon Musk has advertised. AdvertisementWhile the truck didn't prove entirely bulletproof, Nelson said he was still impressed by its durability. Since the Cybertruck was first announced in 2019, Musk has hyped up the rugged nature of the truck, claiming the vehicle would be entirely bulletproof. AdvertisementDuring an interview with Joe Rogan in 2023, Musk said that the standard Cybertruck wouldn't have bulletproof glass, but the stainless steel doors would still be thick enough to stop a bullet.

Persons: YouTuber JerryRigEverything, Elon Musk's, —, Elon Musk, Zach Nelson, Nelson, InsideEVs, Gun, Tesla, Tommy Gun, Musk, Joe Rogan Organizations: Service, Elon, YouTube, Browning

☆ Bill Gates-backed startup confident it can unearth more buried treasure after a historic copper find
▼ + stars: | 2024-03-06 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. KoBold Metals, a mining startup backed by billionaires including Bill Gates and Jeff Bezos, is bullish on the discovery potential of some of the most sought-after energy transition metals. It comes shortly after the Silicon Valley-based metals exploration company announced the rare discovery of a vast copper deposit in Zambia. The point of the company is to discover, find and develop mineral resources that we need for the energy transition," Goldman said via videoconference. KoBold Metals says it uses artificial intelligence to create a "treasure map" to help find new deposits of materials such as copper, lithium, cobalt and nickel.

Persons: Bill Gates, Jeff Bezos, Josh Goldman, Goldman Organizations: Mopani Copper Mines, KoBold Metals, CNBC, KoBold Locations: Mufulira, Zambia, videoconference

☆ Goldman says the bear market for battery metal prices is far from over
▼ + stars: | 2024-03-05 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Goldman Sachs finds it is too early to call an end to a battery raw materials price plunge, warning that significant supply pipelines and Western electric vehicle headwinds could keep prices lower for longer. Goldman Sachs said the outlook appeared bearish for nickel, lithium and cobalt. On a 12-month basis, analysts at Goldman said the Wall Street bank is targeting a 12%, 15% and 25% downside in cobalt, nickel and lithium carbonate, respectively. Lithium prices are down nearly 70%, compared to the same period last year. Nickel prices on the London Metal Exchange (LME) were last trading at $17,945 per metric ton on Tuesday, while cobalt prices on the LME stood at $28,550 per metric ton.

Persons: Goldman Sachs, Nicholas Snowdon, Goldman Organizations: Western EV, London Metal Exchange Locations: China

☆ 11 things you should skip at your reception, according to wedding experts
▼ + stars: | 2024-02-26 | by ( Sophia Mitrokostas | ) www.businessinsider.com time to read: +6 min

Business Insider asked wedding professionals what reception trends and traditions couples can skip to save money and stress. A giant wedding cake isn't necessary or cost-effectiveSheet cakes are more cost effective for a big reception. Stakhov Yuriy/Shutterstock"A huge cake isn't necessary, especially since the high price of a large, elaborate wedding cake often catches couples by surprise," Nickel said. AdvertisementYou shouldn't serve more than three courses at the receptionEven if you and your partner are foodies, a wedding reception isn't the best time for a seven-course dining experience. Dance-floor props can look out of place next to carefully chosen decorThe wedding photographer Amy Kolodziej said that dance-floor props can detract from the elegance of a wedding reception.

Persons: —, Artem Lomaz, Champagne, Brent Lewin, Lindsey Nickel, Lomaz, Nickel, Stakhov Yuriy, Shutterstock, Keith Willard, Willard, Amy Kolodziej, Kolodziej Organizations: Service, Business, Getty, Australian Turf

☆ Indonesia's next president Prabowo made big promises on the campaign trail. Can he deliver?
▼ + stars: | 2024-02-23 | by ( Joseph Rachman | ) www.cnbc.com time to read: +3 min

Prabowo Subianto, Indonesia's presidential candidate and defense minister, center, waves to supporters in Jakarta, Indonesia, on Wednesday, Feb. 14, 2024. JAKARTA — Indonesia's Defense Minister Prabowo Subianto is set to become the next president in October after voters handed him a strong mandate at the Feb. 14 election. Under Widodo, Indonesia's gross domestic product has grown steadily at around 5% over the past decade — barring the pandemic years of 2020 to 2021. "Because at the end of the day, the voters will compare the economic policies which have been delivered well by the incumbent president with the next president." On the campaign trail, Prabowo's discussions on economic policy were limited, and mainly focused on promises to continue the Widodo administration's signature downstreaming policy.

Persons: Prabowo, Prabowo Subianto, Gibran Rakabuming Raka, Joko Widodo, who's, Josua Pardede, Peter Mumford, Erick Thorir, CNBC's Martin Soong Organizations: JAKARTA — Indonesia's, General, Commission, Investors, Permata Bank, Eurasia Group, CNBC Locations: Jakarta, Indonesia, JAKARTA, Asia

☆ BHP CEO: Demand for commodities like steel and nickel will continue to be higher
▼ + stars: | 2024-02-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBHP CEO: Demand for commodities like steel and nickel will continue to be higherMike Henry, CEO of world's largest publicly traded mining company BHP sat down with Closing Bell Overtime's Morgan Brennan to discuss his supply-demand expectations for commodities such as nickel, steel and copper, the effects of geopolitics and other megatrends on the commodities sector, the company's first-half earnings, and more.

Persons: Mike Henry, Bell Overtime's Morgan Brennan Organizations: BHP, world's

☆ Prabowo Subianto: Once banned from the US, this fiery ex-army general is poised to lead Indonesia
▼ + stars: | 2024-02-19 | by ( Heather Chen | ) edition.cnn.com time to read: +13 min

“The most important objective of democracy is giving people the leaders and representatives they want,” Prabowo told reporters from his pool. Antara Foto/Galih Pradipta/ReutersMany are excited about a Prabowo presidency, like this hardcore supporter who has clearly taken his support to the extreme. Bagus Saragih/AFP/Getty ImagesMore recently, Prabowo has presented himself as a loyal Jokowi ally, serving as his defense minister for the past five years. Experts say Prabowo, known for his fiery speeches, military background and combative past will make for a very different kind of president. Indonesia has long been one of Australia’s most important bilateral relationships and experts say that will not change with Prabowo in charge.

Persons: Prabowo Subianto, ” Prabowo, Prabowo, Indonesia’s, Partai Probawo, Gibran, “ Prabowo, ”, Zachary Abuza, Abuza, “, Antara, Pradipta, Saragih, Widodo, Barack Obama, Tom Pepinsky, Rodrigo Duterte, Javier Milei, Trump, ” “, Dita Alangkara, Jokowi, Jacqui Baker, Laura Schwartz, Schwartz, Gibran Rakabuming Raka, Adek Berry, Chong Ja Ian, Suharto, –, Dan Slater, Prabowo “, ” Slater, Chaideer Mahyuddin, Chong, Juni Kriswanto, Usman Hamid, Papuans, Veronica Koman, ” Koman Organizations: CNN, National War College, Getty, Southeast Asia, Cornell University, “, Center, Research, Senior Southeast, National University of Singapore, Center for Emerging Democracies, University of Michigan, Muda Airforce, Amnesty International Locations: Jakarta, United States, South Jakarta, Washington ,, AFP, Indonesia, Singapore, Ukraine, Russia, China, Australia, Asian, Perth, Asia, Beijing, Washington, “ Washington, Sultan, Muda, Aceh, West Papua, South China, Tentara Nasional Indonesia, Southeast Asia, “, Papua, Amnesty International Indonesia, restive, Indonesian, East Timor

☆ Indonesia's Bakrie Group says it wants to get involved in nickel
▼ + stars: | 2024-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndonesia's Bakrie Group says it wants to get involved in nickel but it's the 'tip of the iceberg'Anindya Bakrie, CEO of the Indonesian conglomerate, says it has been "involved in a lot of critical minerals, such as copper and gold. Now, we want to focus on nickel as well — but nickel is just the tip of the iceberg."

Persons: Bakrie Locations: Indonesian

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