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☆ Rio Tinto reopens iron ore rail line in Western Australia after derailment
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +1 min

MELBOURNE, June 21 (Reuters) - The world's biggest iron ore miner Rio Tinto (RIO.AX) said on Wednesday that it had reopened a rail line at its Western Australian operations after a train carrying iron ore near the port of Dampier derailed at the weekend. The line will remain subject to speed restrictions while a clean up of the site is underway and an investigation into the cause of the derailment is ongoing, a Rio Tinto spokesman said via email. The incident on Saturday was the second such event in recent years after peer BHP Group (BHP.AX) derailed a runaway iron ore train in the same region in late 2018. The loaded train with some 30 wagons would have been carrying around 3,900 to 4,500 metric tons of iron ore, according to one estimate. Rio Tinto has not said what the impact on its customers would be, if any, and declined any further comment.

Persons: Rio, Melanie Burton, Shri Navaratnam, Jamie Freed Organizations: MELBOURNE, Rio Tinto, BHP Group, Tinto, Thomson Locations: Rio, Dampier

☆ Canada, Dominican Republic reach agreement over Haitian crisis response
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +2 min

OTTAWA, June 21 (Reuters) - Canada and the Dominican Republic have agreed that Canada will coordinate assistance for Haiti by boosting staff at its embassies in Port-au-Prince and Santo Domingo, the countries said in a joint statement on Wednesday. "Canada and the Dominican Republic have solid bilateral relations and are long standing partners including on regional security matters," the joint statement said. Both countries agree that the Haiti crisis requires enhanced international cooperation, humanitarian, and security assistance, the statement said. "We will enhance coordination in Haiti, Dominican Republic, Canada and other locations as required including through increased presence at the Canadian embassies in Port-au-Prince and Santo Domingo," the countries said in the statement. The Dominican Republic has strained relations with Haiti, with which it shares the Caribbean island of Hispaniola.

Persons: Santo Domingo, Melanie Joly, Roberto Alvarez, Ariel Henry, Steve Scherer, Ismail Shakil, Chris Reese, Sandra Maler Organizations: OTTAWA, Canada's, Dominican, Haitian, United, Thomson Locations: Canada, Dominican Republic, Haiti, Port, Dominican, Hispaniola, Santo, United States, Ottawa

That threw a new curveball at UK markets, as just last week economists polled by Reuters had unanimously expected the BoE to raise by 25 basis points. I would not be surprised if we see a 50-bp rate rise from the Bank of England tomorrow." Other analysts said delivering a larger rate rise on Thursday risked further undermining the BoE's messaging. Bets on where BoE rate hikes might peak rose as high as 6% on Wednesday. The rise in yields hit UK housebuilders (.FTNMX402020), which were down as much as 3.1%.

Persons: BoE, Melanie Baker, Liz, Nick Rees, Richard McGuire, Rabobank's McGuire, Yoruk Bahceli, William Schomberg, Dhara Ranasinghe, Danilo Masoni, Alun John, Peter Graff Organizations: Bank of England, Reuters, Royal London Asset Management, Reuters Graphics Reuters, Wednesday's, MPC, FX, Monex, Rabobank, Sterling, Thomson Locations: Monex Europe

☆ Muscle memory: How does it work?
▼ + stars: | 2023-06-21 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +7 min

But while muscle memory is real, that’s not what is actually going on in your body. Understanding how both kinds of muscle memory work can help you get off to a strong start if you’re establishing a new fitness routine or rebooting one after a break. Physiological muscle memoryThe physiological side of muscle memory has to do with the ability to quickly regain lost muscle. This form of muscle memory occurs because when you first build muscle, your body adds new cells to those muscles. Science says another type of muscle memory is related to the regrowth of actual muscle tissue.

Persons: Brett Johnson, you’re, Johnson, ” Johnson, there’s, Christopher Malcolm, ”, Nick Mitchell, ” Mitchell, Jagdish Khubchandani, Khubchandani, “ Don’t, ” Khubchandani, Melanie Radzicki McManus Organizations: CNN, Inc, Science, CNN’s, New Mexico State University Locations: Chicago, Manchester, United Kingdom, Las Cruces

☆ Australia minister calls on end-consumers to underpin critical minerals investment
▼ + stars: | 2023-06-20 | by ( Melanie Burton | ) www.reuters.com time to read: +3 min

One of the world's biggest suppliers of raw minerals, Australia unfurled a landmark strategy on Tuesday that outlines how it will work with investors and international partners to build a critical minerals processing industry. Australia is the world's top supplier of lithium, and a significant producer of rare earths, cobalt, graphite, manganese and other minerals critical to global energy transition. China dominates critical minerals processing, accounting for more than 80% of global rare earths production, and holding large investments in cobalt, lithium and other mining and processing operations in Australia, Africa and South America. In 2010, China cut exports of rare earths after a dispute with Japan, sparking an international hunt for new deposits. The government can't scrimp on environmental, social and regulatory standards, however, since ethical, sustainable supply is a key strategic advantage for Australia, King said.

Persons: Madeleine King, Australia's, King, Melanie Burton, Tom Hogue Organizations: MELBOURNE, Australia, Reuters, U.S . Defence, U.S, Thomson Locations: Australia, China, Africa, South America, Japan, United States, Albemarle, Western Australia

☆ After using a high-yield savings account to earn 20 times more on my money, I've figured out the perfect system to have cash for everything I need — and want
▼ + stars: | 2023-06-20 | by ( Melanie Lockert | Read More | Read Less | ) www.businessinsider.com time to read: +8 min

I opened a high-yield savings account about a decade ago, and I've been refining my savings strategy ever since. High-yield savings accounts typically pay at least 20 times the interest of a traditional savings account, and the best rates now are even higher. Targeted savings accounts made all the differenceI realized that my bank gave me the ability to open up to 25 different savings accounts — and nickname them. Pros Check mark icon A check mark. No fees Check mark icon A check mark.

Persons: I've, —, I'm Organizations: Service, ING, Mint, FDIC, Chevron, Capital Locations: Los Angeles, Portland , Oregon

☆ Australia taps global partners in landmark critical minerals strategy
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +3 min

MELBOURNE, June 20 (Reuters) - Australia, one of the world's biggest suppliers of raw minerals, unfurled a landmark strategy on Tuesday that outlines how it will work with investors and international partners to build a critical minerals processing industry for the energy transition. Supplier of nearly half of the world's lithium, Australia is a significant producer of rare earths, cobalt, copper, graphite, manganese and other minerals key to the global energy transition. The Grattan Institute, a think tank, estimates the critical minerals industry could add more than $400 billion to Australia's economy by 2050, a bigger contribution than the coal industry, Australia's no.2 export, today. The government is considering policies that would enabledomestic supply of Australian critical minerals for Australian projects, it said, although any future approach must be tailored to the needs of Australia and the global context. This comes as international companies secure ownership and supply of Australian minerals, particularly lithium and rare earth elements, meaning Australian processors and manufacturers may struggle to access supplies of Australian minerals in future.

Persons: Madeleine King, Melanie Burton, Chizu Organizations: MELBOURNE, Labor, Grattan Institute, European Union, Thomson Locations: Australia, China, Taiwan, United States, United Kingdom, Japan, Korea, India

☆ Rio Tinto iron ore train derailed at weekend in Western Australia
▼ + stars: | 2023-06-19 | by ( ) www.reuters.com time to read: +1 min

SummarySummary Companies About 30 wagons of self-driving train derailedNo injuries reportedUnclear if Rio will be able to meet customer commitmentsMELBOURNE, June 19 (Reuters) - Rio Tinto (RIO.AX) was working on Monday to recover about 30 wagons of a self-driving iron ore train that derailed in Western Australia, an accident that analysts said had the potential to disrupt its exports, although no one was injured. Saturday's incident was the second such event after peer BHP Group (BHP.AX) derailed a runaway iron ore train in the same region in late 2018. "The regulator has approved recovery of the site and work to recover the derailed wagons has commenced." Rio exports from Dampier port and through Cape Lambert in the northern part of Western Australia state. Shares in Rio, which said it was investigating the incident, were down 1.2%, alongside smaller declines in other iron ore miners.

Persons: David Lennox, Melanie Burton, Muralikumar Anantharaman, Clarence Fernandez Organizations: MELBOURNE, Rio Tinto, BHP Group, Thomson Locations: Rio, Western Australia, Dampier, Sydney, Cape Lambert

The referendum, which comes amid a wider reckoning over race relations, proposes to change the constitution and establish an advisory body called the Indigenous Voice to Parliament to give Indigenous Australians a direct say in policies that affect them. Five of those polled were funding or planned to fund the "Yes" campaign, while none endorsed nor were contributing to "No". Commonwealth Bank told Reuters it plans to fund the "Yes" campaign and had hosted two panel discussions with Indigenous speakers. Rio Tinto, which faced criticism in 2020 for destroying Indigenous rock shelters, said the Voice would bring an "additional lens" to government decision-making. Aurora Milroy, a lecturer in Indigenous affairs at the University of Western Australia, said supporting the Voice was easy publicity for companies.

Persons: Rita Wright, Loren Elliott, Anthony Albanese, Intifar Chowdhury, Albanese, Meg O'Neill, Ross Piper, Baker McKenzie, Thomas Mayo, Kate Gillingham, Peter Dutton, Coles, Rio Tinto, Fortescue, Aurora Milroy, Byron Kaye, Praveen Menon, Melanie Burton, David Crawshaw, Devayani, Anant Chandak, Veronica Khongwir, Sujith Pai Organizations: Australian, REUTERS, Australia's, BHP, Rio Tinto, Woodside Energy, Commonwealth Bank of Australia, Labor, Voice, National, Nine Entertainment, Reuters, Commonwealth Bank, Ethical Investment, Qantas, Australian Financial, Liberal, Fair Australia, Miners, Fortescue Metals, University of Western, Thomson Locations: Sydney, Australia, Rio, Western Australia, Woodside, Queensland, University of Western Australia, Melbourne

☆ Dominican Republic, Canada disagree over Haitian police aid office
▼ + stars: | 2023-06-16 | by ( Harold Isaac | ) www.reuters.com time to read: +2 min

PORT-AU-PRINCE, June 16 (Reuters) - As Haiti's police struggle to contain powerful armed gangs, a disagreement between the Dominican Republic and Canada spilled out into the public on Friday, further complicating an international plan to boost Haiti's outgunned police force. A day after Canada's Foreign Minister Melanie Joly announced plans to set up a Canadian office to coordinate support for Haiti's national police this summer in the neighboring Dominican Republic, her Dominican counterpart denied any deal authorizing an office on Dominican territory. In a post on social media, Foreign Minister Roberto Alvarez said no deal been struck, adding that the Dominican government has not even discussed such a plan. The statement did not say whether the location would be in the Dominican Republic, which shares the Caribbean island of Hispaniola with Haiti. On Thursday, Joly announced plans to coordinate a police support operation from a base in the Dominican Republic and thanked Alvarez for providing it, according to a transcript from a Canadian government official.

Persons: Melanie Joly, Roberto Alvarez, Santo Domingo, Joly, Alvarez, Ariel Henry, Harold Isaac, Sarah Morland, Sandra Maler, William Mallard Organizations: PORT, Canada's, Dominican, Reuters, Haitian, Canadian, United, Thomson Locations: Dominican Republic, Canada, Dominican, Haiti, Hispaniola, Haitian, Santo, United States

☆ Australia's ANZ looks to expand lending to critical minerals sector
▼ + stars: | 2023-06-14 | by ( Melanie Burton | ) www.reuters.com time to read: +2 min

MELBOURNE, June 14 (Reuters) - Australian lender ANZ Group (ANZ.AX) is looking at opportunities to invest more in the critical minerals sector as part of its efforts to support decarbonisation and has recently backed its first stand-alone lithium deal, an executive said on Wednesday. ANZ has traditionally supported long-life, low-risk mine projects for Australia's staple resources including iron ore, gold, aluminium, copper and nickel, said Simon Arduca, ANZ's executive director of resources, energy and infrastructure. We have a goal to be a leader in environmental sustainability and that then feeds into critical minerals." ANZ, however, has just financed a stand-alone lithium mine, Arduca told a panel at a mining conference in Melbourne, declining to provide further details. Green finance, where companies that meet certain sustainability milestones can get access to lower lending rates has not really yet entered the mining sector, but will in time, he added.

Persons: Simon Arduca, Arduca, Melanie Burton, Jamie Freed Organizations: MELBOURNE, ANZ Group, Wednesday, ANZ, Thomson Locations: decarbonisation, Australia, Melbourne, Green

If you're looking for options to help you get out of debt and make repayment easier, debt consolidation may be right for you. Debt consolidation takes a group of different debts you owe and turns them into one monthly payment. See the current debt consolidation interest rates >>With debt consolidation, you take out a new loan to pay off debts you owe on multiple different accounts. Personal loansA personal loan is a flexible loan option that can be used for various personal reasons, including debt consolidation. See Insider's guide to the best debt consolidation loans >>Compare Personal Loan RatesBalance transfer credit cardsAnother option for debt consolidation if you have credit card debt is a balance transfer.

Persons: — Organizations: Service, Chase Slate

U.S. Bankruptcy Judge Jeffrey Graham in Indianapolis had dismissed Aearo Technologies' bankruptcy on Friday, finding that it was "fatally premature." Despite the "staggering" number of earplug lawsuits, Aearo has significant financial support from 3M and enjoys a "greater degree of financial security than warrants bankruptcy protection," Graham ruled. 3M and Aearo had argued that the earplug litigation had spiraled out of control and could be resolved only in bankruptcy. The case is Aearo Technologies LLC, U.S. Bankruptcy Court for the Southern District of Indiana, No. Read more:US judge rejects 3M effort to resolve earplug lawsuits in bankruptcy3M foes act fast to capitalize on J&J’s talc bankruptcy defeat3M earplug bankruptcy creates "corrosive" tension with other courts, attorney saysBankruptcy as MDL escape hatch?

Persons: Jeffrey Graham, Aearo, Graham, Chad Husnick, Kirkland & Ellis, Melanie Cyganowski, Bryan Aylstock, Christopher Seeger, Seeger Weiss, David Molton, Brown Rudnick, Michael Tuchin, Kevin Maclay, Read, Dietrich Knauth Organizations: Aearo Technologies, 3M, Bankruptcy, Southern, Southern District of, Kirkland &, KTBS, Caplin, Drysdale, Thomson Locations: U.S, Indianapolis, Pensacola , Florida, Southern District, Southern District of Indiana, Kirkland, Witkin

☆ The A.I. Revolution Will Change Work. Nobody Agrees How.
▼ + stars: | 2023-06-10 | by ( Sarah Kessler | ) www.nytimes.com time to read: +2 min

“Affected could mean made better, made worse, disappeared, doubled.”One complicating factor is that technology tends to automate tasks, not entire occupations. In 2016, for instance, the artificial intelligence pioneer Geoffrey Hinton considered new “deep learning” technology capable of reading medical images. And Mr. Hinton has since become a vocal public critic of the same technology he helped create. “People always think that the number must be somehow solid, you know, because it’s a number. It’s possible that you should charge more per hour, because you’re going to get a lot more done.

Persons: Autor, Geoffrey Hinton, ”, Hinton, Frey, Osborne, Melanie Arntz, You’re Organizations: ., ZEW Center, European Economic Research Locations: Mannheim, Germany

☆ Trudeau announces military aid, addresses Ukraine parliament
▼ + stars: | 2023-06-10 | by ( ) www.reuters.com time to read: +2 min

KYIV, June 10 (Reuters) - Canadian Prime Minister Justin Trudeau announced $500 million in new military aid for Ukraine during an unannounced trip to war-time Kyiv on Saturday, as Ukraine girds for a counteroffensive against Russian forces and grapples with regular air strikes. Trudeau paid his respects at a memorial to Ukrainian soldiers killed fighting pro-Russian forces since 2014, met President Volodymyr Zelenskiy and addressed Ukraine's parliament. [1/5] Canadian Prime Minister Justin Trudeau speaks with Ukrainian soldiers as he visits the Wall of Remembrance to pay tribute to killed Ukrainian soldiers, amid Russia's attack on Ukraine, in Kyiv, Ukraine June 10, 2023. Trudeau was applauded at length as he spoke in parliament for 25 minutes, denouncing the Russian invasion and praising Ukraine's democratic development. The Canadian prime minister was accompanied by Deputy Prime Minister Chrystia Freeland, a Ukrainian speaker.

Persons: Justin Trudeau, Trudeau, Volodymyr Zelenskiy, Zelenskiy, Valentyn, Melanie Joly, Chrystia Freeland, Tom Balmforth, Mike Harrison, Alex Richardson, Ron Popeski, Cynthia Osterman Organizations: Canadian, Ukraine, Russian, Kyiv, NATO, REUTERS, Thomson Locations: Ukraine, Russian, Canada, Ukrainian, Kyiv, Russia, Vilnius, Toronto's, Moscow

☆ Opinion: How to respond to anti-LGBTQ hate this Pride month
▼ + stars: | 2023-06-09 | by ( Opinion Allison Hope | ) edition.cnn.com time to read: +8 min

I promise there are some simple and immensely helpful ways in which LGBTQ people and allies can take action in June and every month. Don Arnold/Getty ImagesIf you don’t know where to begin with lobbying, look to an LGBTQ or civil rights group doing the hard work on the ground. Commit to learning and teaching: Even members and strong allies of the LGBTQ community can benefit from fresh learning. After all, the LGBTQ community is anything but a monolith — there are so many diverse forms of representation and a landscape that is quickly evolving. It’s also not a bad time to support brands that are supportive of the LGBTQ community.

Persons: Allison Hope, Read, Allison, ”, isn’t, ” Melanie Willingham, “, they’re, Octavio Jones, allyship, —, Don Arnold, Virginia Woolf’s, Orlando ”, Dorian Gray ”, Oscar Wilde, Janet Mock’s, ” Young, Maia Kobabe’s, Juno Dawson, Jessica Love, Wilhelmina ”, Joseph Belisle, It’s, Ron DeSantis, intersectionality, let’s Organizations: New Yorker, The New York Times, Washington Post, CNN, Slate, Allison Hope, Tampa Pride, Getty, Progress, Florida Capitol, Sydney Opera House, Volunteer, Reading, Florida Gov, Twitter, Facebook Locations: New, Florida, Tampa, Tallahassee, Australia, Virginia, Paisley, America

☆ Australia's Canva expands A.I.-powered design business to Europe
▼ + stars: | 2023-06-08 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Melanie Perkins, co-founder & chief executive of Australian graphic design firm Canva, says the business is in a "uniquely strong position" as it expands to Europe. LONDON — Australian graphic design company Canva believes it is in a "uniquely strong position" to withstand industry headwinds as it embarks on a European expansion. The Sydney-based software company opened its new Europe headquarters in London last month as it competes with tech heavyweights Adobe and Microsoft to attract individual and enterprise users to its design suite. Canva, which offers both free and paid tools for designing websites, presentations and social content, had annualized revenues of $1.5 billion in the year to May. Of its 135 million global users, 16% are in Europe.

Persons: Melanie Perkins, Canva, Perkins, We've Organizations: LONDON, Adobe, Microsoft, CNBC, WPP, Unilever, Rolls Royce Locations: Europe, Sydney, London

☆ The debt-ceiling bill that just passed the Senate eases the way for a new gas pipeline — and for clean energy projects like EV charging and solar panels
▼ + stars: | 2023-06-02 | by ( Bartie Scott | Eliza Relman | ) www.businessinsider.com time to read: +5 min

The debt-ceiling bill includes reforms that aim to speed up construction on energy projects. It also claims a West Virginia pipeline is in the national interest — and pushes through its completion. The reforms in the bill include limiting the environmental permitting process to two years, along with requiring projects to name a single lead agency that would develop one master environmental review document. Now, the permitting reforms included in the deal would force federal agencies to approve all remaining permits for the pipeline and allow it to bypass the courts and fast-track construction. Manchin, who is also the chairman of the Senate Energy and Natural Resources Committee, plans to bring more comprehensive legislation to the Senate floor by the end of the summer.

Persons: —, Kevin McCarthy, Raúl Grijalva, polluters, Grijalva, Melanie Stansbury, Stansbury, Sen, Joe Manchin, Tim Kaine, Kaine, Manchin Organizations: Service, Environmental, White, Sunday, Arizona, Natural Resources Committee, NEPA, Natural Resources, Infrastructure Law, Democratic, Senate, Senate Energy Locations: West Virginia, Virginia

“Clean, clean, clean,” he told CNN in April, referencing the push for a clean debt ceiling resolution. He then later forced President Joe Biden to negotiate a debt limit suspension with spending cuts. “I think the Republican House caucus is willing to go to default,” said Rep. Ted Lieu, a California Democrat. A fired-up Buck, who opposed the debt limit deal, told reporters that he has received calls from constituents about removing McCarthy from the speakership. Now he says he would let us look at the document,” McCarthy told reporters.

Persons: Chuck Schumer, ”, Kevin McCarthy, McCarthy, Joe Biden, Biden, “, ebullient McCarthy, underestimating, ” McCarthy, Schumer, we’ve, ” Schumer, Ted Lieu, Ken Buck, McCarthy “, Buck, McCarthy’s speakership, Chip Roy, Dan Bishop, Scott Perry, speakership –, he’s, Ralph Norman, what’s, “ We’ve, you’ve, Wray, James Comer, Comer, Alejandro Mayorkas, Marjorie Taylor Greene Organizations: CNN, GOP, House Republicans, White, Republican, California Democrat, Republicans, Texas Republican, North Carolina Republican, Caucus, Pennsylvania Republican, South Carolina Republican, FBI, Homeland Security, Rep, Georgia Republican Locations: California, Colorado, Pennsylvania

☆ Inside a debt ceiling standoff ‘far more dangerous than people will recognize’
▼ + stars: | 2023-05-31 | by ( Jeremy Diamond Lauren Fox Melanie Zanona Phil Mattingly Arlette Saenz Kevin Liptak | Jeremy Diamond | Lauren Fox | ) edition.cnn.com time to read: +17 min

“She’s well respected by both sides,” McCarthy said of the former longtime House Appropriations Committee staffer, according to White House officials. “Asking me about the communication (with the White House) implies there was communication,” one House Democrat said. For the White House negotiators, that meant late nights and early mornings. The White House negotiators left Capitol Hill abruptly and for hours, it was unclear when the conversations would resume. Quietly, White House negotiators had never actually stopped talking to their Republican counterparts.

Persons: Joe Biden, Kevin McCarthy, McCarthy, “, “ You’ve, ” Rep, Patrick McHenry, Biden, Steve Ricchetti, Shalanda Young, Louisa Terrell, ” McCarthy, James S, Alex Wong, Young, Garret Graves, ” Graves, Graves, Tom Cole of, ” Cole, White, Jeff Zients, McHenry, ‘, Chuck Schumer, Hakeem Jeffries, Ricchetti, ”, ” Terrell, Dan Meyer, –, apprised, decamping, ’, Anna Moneymaker, nonstarters, ” McHenry, McHenry –, —, Susan Walsh, businesslike, Biden’s, Eisenhower, Zients, Jose Luis Magana, Young –, Louisianans –, Jim Clyburn, Clyburn, Annie Kuster, ” Kuster, wasn’t, ” Young Organizations: CNN, White, ”, Republican, Legislative, Young, Management, Brady, Capitol, White House, GOP, McCarthy’s, Pennsylvania, Capitol Hill, U.S, Biden, Democrat, Democratic, Republicans, Building, Air Force, West Executive, LSU Tigers, South Carolina Democrat, New Democrat Coalition, Democrats Locations: Irish, Washington , DC, Louisiana, Tom Cole of Oklahoma, McHenry, Hiroshima, Japan, Washington

☆ BHP taps Microsoft, AI, to improve recovery at top copper mine
▼ + stars: | 2023-05-30 | by ( ) www.reuters.com time to read: +1 min

MELBOURNE, May 30 (Reuters) - BHP Group (BHP.AX) has teamed up with Microsoft Corp (MSFT.O) to improve copper recovery from its Escondida mine in Chile, the world's biggest copper mine, by using machine learning and artificial intelligence, it said on Tuesday. BHP estimates the world needs to double the amount of copper produced over the next 30 years to keep pace with the development of decarbonisation technology such as electric vehicles, offshore wind and solar farms. "We expect the next big wave in mining to come from the advanced use of digital technologies" BHP Chief Technical Officer Laura Tyler said in the company statement. Using real-time data from plants that process ore in combination with AI-based recommendations from Microsoft’s Azure platform, plant operators will have the ability to adjust variables that affect ore processing and grade recovery, BHP said. BHP, the world's biggest miner, is the majority owner of Escondida and operates the mine with partners Rio Tinto (RIO.AX), and Japan's JECO Corp. Escondida produced more than 1 million tonnes of copper during the last financial year ending in June.

CNN —House Speaker Kevin McCarthy helped secure a debt limit deal – now he has to secure its passage in the House, with little room for error and a looming threat to his speakership. In a win for McCarthy, a key Republican said he expects to support a rule to set parameters for debate. The powerful House Rules Committee must still vote to adopt the rule, but with that anticipated support, it is now on track to do so — a hurdle that must be cleared before the bill can come to the House floor for a final vote. If he did not support the rule, the debt limit bill may have been unable to advance to the House floor. Roy and Norman have both emerged as leading critics of the bipartisan debt limit bill.

Persons: Kevin McCarthy, –, McCarthy, “, it’s, Thomas Massie, Massie, Chip Roy, Texas, Ralph Norman of, Carolina –, Roy, Norman, ” Massie, Glenn Beck, can’t, Jim Jordan, Ohio, he’s, McCarthy’s, ”, Patrick McHenry, ” McHenry, “ I’m, McHenry Organizations: CNN —, GOP, Treasury Department, CNN, Republican Locations: Kentucky, Carolina

☆ In a TikTok world, many wedding traditions don't stand a chance
▼ + stars: | 2023-05-27 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +9 min

The wedding industry is beginning to see the fallout of this shift away from tradition. That meant "wedding TikTok" — with its dancing groomsmen and videographers turned influencers — was the next best thing. "So it is time for us in the wedding industry to expand the definition of what a perfect day means." Adrienna McDermott spent nine years in the wedding industry before starting a marketing agency for wedding professionals called Ava and the Bee. "It really opened up my eyes for the power of TikTok," Lee said.

☆ Australia gets U.S. backing for critical minerals industry
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +2 min

MELBOURNE, May 22 (Reuters) - Australia has won the support of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investment to support the industry's growth. Australia supplies around half of the world's lithium as well as other minerals like rare earths used in batteries for electric cars and defence, and is also setting itself up as a major hydrogen producer. The agreement paves the way for Australian suppliers of these minerals, and renewable energy, to be treated as domestic suppliers under the U.S. Defence Production Act, Australian Prime Minister Anthony Albanese said on Sunday. "This is about creating an enormous opportunity for Australia and I can't underline how significant this is," Albanese told press at the Quad Leaders Summit in Hiroshima. The compact will establish climate, clean energy and a shared energy industrial base as a central pillar of the Australia-United States Alliance, they said.

☆ Face Mask Mandates Fall Away Among Many Hospitals, Doctors
▼ + stars: | 2023-05-21 | by ( Melanie Evans | ) www.wsj.com time to read: 1 min

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