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"Markets reacted positively because they saw the inflation data as a small positive," said Michael Harris, president at hedge fund Quest Partners LLC. The rate-sensitive S&P 500 technology sector index (.SPLRCT) went up 1.22% and the communication services (.SPLRCL) rose 1.69%. REUTERS/Brendan McDermidIndexes were choppy during the session, as investors digested the positive inflation print with concerns about the looming debt ceiling. Advancing issues outnumbered decliners on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored advancers. The S&P 500 posted 18 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 86 new highs and 152 new lows.
The Labor Department's Consumer Price Index (CPI) rose 4.9% in April from a year ago and compared with expectations of a 5% increase. The lower-than-expected inflation data drove the Nasdaq Composite Index (.IXIC) up as much as 1.17% to its highest intraday level in more than eight months. The rate-sensitive S&P 500 technology sector index (.SPLRCT) rose 0.82%, while communication services (.SPLRCL) was up 1.21%. Declining issues outnumbered advancers on the NYSE by a 1.17-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers. The S&P 500 posted 14 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 71 new highs and 135 new lows.
The Labor Department's Consumer Price Index (CPI) rose 4.9% in April from a year ago and compared with expectations of a 5% increase. "You still have a reasonably strong economy and rates that are not going any higher." ET, Dow e-minis were up 181 points, or 0.54%, S&P 500 e-minis were up 33.75 points, or 0.82%, and Nasdaq 100 e-minis were up 116.25 points, or 0.88%. Shares of regional banks rose after a few volatile sessions last week on concerns about the health of the sector. Oil and gas producer Occidental Petroleum Corp (OXY.N) fell 0.9% after its first-quarter earnings fell short of analysts' estimates.
Large-cap technology stocks, including Apple Inc (AAPL.O) and Microsoft Corp (MSFT.O), dipped about 0.4% each in premarket trading. ET, Dow e-minis were down 62 points, or 0.18%, S&P 500 e-minis were down 7.25 points, or 0.18%, and Nasdaq 100 e-minis were down 25.25 points, or 0.19%. PacWest Bancorp (PACW.O) fell 2.5%, while Zions Bancorporation (ZION.O) and Western Alliance Bank (WAL.N) inched up 0.7% and 0.6%, respectively. Oil and gas producer Occidental Petroleum Corp (OXY.N) fell 1.5% after its first-quarter earnings fell short of analysts' estimates. Airbnb Inc (ABNB.O) lost 13.5% as the vacation rental booking company saw fewer bookings and lower average daily rates in the second quarter.
May 10 (Reuters) - Lithium producer Allkem Ltd (AKE.AX) has agreed to merge with U.S.-based Livent Corp (LTHM.N) to create one of the world's most valuable producers of the key raw materials used in electric-vehicle batteries. The all-stock deal will create a $10.6 billion entity, the fifth-largest in the world after Albemarle Corp (ALB.N), Sociedad Quimica y Minera de Chile S.A. (SQMA.SN), Ganfeng Lithium Group (002460.SZ) and Tianqi Lithium Corp (002466.SZ). ASX-listed Allkem produces lithium carbonate from its Sal de Vida facility in Argentina, which is near Livent's Hombre Mureto lithium project. Livent, based in Philadelphia, supplies lithium products to multiple U.S. automakers, including General Motors Co (GM.N), Tesla Inc (TSLA.O) and BMW (BMWG.DE). Under the deal, Allkem shareholders will get one share in the combined entity for each of their shares and the company will ultimately own 56% of the new firm.
May 10 (Reuters) - Australian lithium miner Allkem Ltd (AKE.AX) has inked a $10 billion merger agreement with U.S.-based chemical manufacturing firm Livent Corp (LTHM.N), the Australian Financial Review reported on Wednesday. The deal is anticipated to be announced overnight in the U.S., the report said. Reporting by Rishav Chatterjee in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.
The union representing movie and television writers said Monday they are going on strike, after talks with major networks, streamers and studios ended without a deal. WSJ’s Joe Flint explains what’s at stake. Photo: J. David Ake/Associated PressDevin Delliquanti had jokes at the ready about the King of England’s fingers. But instead of working on those punchlines for a Tuesday-night edition of “The Daily Show,” the staff writer spent the afternoon on a picket line in Midtown Manhattan with colleagues, chanting slogans and hoisting signs with messages such as “Do the write thing!” and “Miss your show, let them know!”“We’re on strike, so I’m not allowed to tell you what [‘The Daily Show’] would have said about the coronation of a man with sausage fingers,” Mr. Delliquanti said. “I wish we were doing a normal Tuesday but we need a fair contract to get the show on the air.”
West Ham remain in trouble in 15th place, four points above the relegation zone. West Ham, hampered by the absence of midfielders Declan Rice and Tomas Soucek, defended valiantly with the colossal Angelo Ogbonna heading away cross after cross. West Ham still looked capable of adding a twist to the title script until Grealish released Haaland for his milestone moment. Foden then put the icing on his side's ninth successive league win with the 1,000th goal in Guardiola's City reign. As well as five league games left, City are in the semi-finals of the Champions League and FA Cup final.
Hollywood Writers Strike: What It Could Mean for Your Favorite Shows The union representing movie and television writers said Monday they are going on strike, after talks with major networks, streamers and studios ended without a deal. WSJ’s Joe Flint explains what’s at stake. Photo: J. David Ake/Associated Press
Late-Night Shows Go Dark Amid Writers Strike
  + stars: | 2023-05-02 | by ( Joe Flint | ) www.wsj.com   time to read: 1 min
Photo: J. David Ake/Associated PressMajor late-night shows including ABC’s “ Jimmy Kimmel Live” and CBS ’s “The Late Show with Stephen Colbert” went dark Tuesday after the union representing movie and television writers announced it would go on strike. On Tuesday, members of the Writers Guild of America picketed outside the gates and entrances of entertainment companies in Los Angeles and New York. “We must now exert the maximum leverage possible to get a fair contract by withholding our labor,” the WGA said.
Late-Night Shows to Go Dark Amid Writers Strike
  + stars: | 2023-05-02 | by ( Joe Flint | ) www.wsj.com   time to read: 1 min
Photo: J. David Ake/Associated PressMajor late-night shows including ABC’s “ Jimmy Kimmel Live” and CBS ’s “The Late Show with Stephen Colbert” are expected to go dark Tuesday after the union representing movie and television writers announced it would go on strike. On Tuesday, members of the Writers Guild of America picketed outside the gates and entrances of entertainment companies in Los Angeles and New York. “We must now exert the maximum leverage possible to get a fair contract by withholding our labor,” the WGA said.
May 2 (Reuters) - Manchester City have the mental strength to endure their packed schedule in the final stretch of the season as they target a possible treble of trophies, manager Pep Guardiola said on Tuesday. Everything is here, the mental strength, the best period we can live and we are not tired. I'm pretty sure he'll score more in the Premier League before the end of the season," Guardiola added. It is a surprise for us, but maybe not for him to do what he's done in this difficult league. Reporting by Pearl Josephine Nazare in Bengaluru; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Premier League title race not over, says Man City's Guardiola
  + stars: | 2023-04-28 | by ( ) www.reuters.com   time to read: +2 min
City travel to Fulham having won nine of their last 10 league matches, most recently a 4-1 win against leaders Arsenal on Wednesday. A win against the London side would lift City a point clear of Arsenal with a game in hand. The Spaniard said the title race is not over and City will be wary of the threat posed by 10th-placed Fulham. Now we go to Fulham against an incredible team," Guardiola told reporters on Friday. Guardiola said Dutch defender Nathan Ake is improving after picking up a hamstring injury against Bayern Munich but is yet to return to team training.
Listed miners with lithium projects in South America suffered, however, on concerns other governments may follow Chile's lead. Elsewhere in Asia, lithium prices stabilised on an improved demand outlook, and Japan acted to shore up its EV minerals supply by announcing a swathe of industry subsidies. Bucking the regional trend were Australian-listed miners with projects in South America's lithium triangle which spans Chile, Argentina and Bolivia, on concerns other governments may follow Chile's footsteps. Shares in miners with Argentine projects fell. Lithium Power International, (LPI.AX) whose Maricunga brine project is Chile's largest permitted, proposed project welcomed the new policy which it said would "positively transform" Chile's lithium industry.
Neighboring Chile, the region's top lithium producer, last week unveiled plans for a state-led public-private model, spooking investors. Bolivia has long maintained strict control over its huge though largely untapped resources, while Mexico nationalized its lithium deposits last year. The country has six lithium projects under construction and 15 in the advanced exploration or feasibility stage, Mignacco said. "Argentina's lithium sector has thrived through a decentralized, pro-market strategy," said Benjamin Gedan, director of the Latin America program at The Wilson Center, adding in contrast Bolivia's lithium sector had "repeatedly stalled as a result of excessive state control." "Chile today produces and exports much more lithium than Argentina," said Natacha Izquierdo, analyst at consultancy ABCEB.
Factbox: World's biggest lithium producers
  + stars: | 2023-04-21 | by ( Carman Chew | ) www.reuters.com   time to read: +3 min
Chile holds the world's largest lithium reserves and is the world's second-largest producer. Australia is the world's biggest supplier, with production from hard rock mines. Rapid growth is forecast to be met by output gains in Australia, Chile and Argentina. WORLD'S BIGGEST MINESGreenbushes, Western Australia, by Talison Lithium (a joint venture of Tianqi Lithium (002466.SZ), IGO (IGO.AX) and Albemarle Corp (ALB.N)). Pozuelos-Pastos Grandes lithium salt lake, Argentina, bought by Ganfeng Lithium (002460.SZ), will produce 30,000 tonnes of lithium carbonate starting 2024, and can potentially be expanded to 50,000 tonnes.
City 'exhausted' ahead of FA Cup semi-final, says Guardiola
  + stars: | 2023-04-20 | by ( ) www.reuters.com   time to read: +1 min
April 20 (Reuters) - Manchester City players are exhausted ahead of their FA Cup semi-final against Sheffield United at Wembley this weekend, manager Pep Guardiola said, after his side knocked Bayern Munich out of the Champions League on Wednesday. Guardiola's side are also in the hunt for the Premier League title, sitting four points behind leaders Arsenal with a game in hand. "The team is exhausted, so I don't know how we are going to recover to play against Sheffield United because we play on Saturday," Guardiola told BT Sport. "It's so demanding, so I don't know how we will arrive because now is a tough moment for the game on Saturday." Reporting by Manasi Pathak in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
Rystad Energy sees the global market deficit of lithium shrinking to around 20,000 to 30,000 tonnes of lithium carbonate equivalent (LCE) this year, from 76,000 tonnes LCE in 2022. Out to 2025 it expects lithium supply to grow on average by 34% a year against an annual demand growth rate of 25%. MINERS UNFAZEDThe decline in lithium prices in China, the world's biggest consumer, has hit lithium producers overseas. LITHIUM CARBONATE SINKSThe price decline has been sharp. "A lithium carbonate price of 200,000-300,000 yuan per tonne is where both upstream and downstream will feel comfortable," said Rystad's Zou.
The Atlas Lions made history as the first African team to reach a World Cup semifinal. They made history as the first all-female refereeing crew for a men's World Cup match. It was Morocco's first World Cup win since 1998 — and its third-ever at the tournament. Less spoken about is that they also rate better on television than the men do in the World Cup. We’ll just have to wait and see, though with the US, Canada and Mexico hosting the 2026 World Cup, soccer isn’t going away anytime soon.
The mercurial 35-year-old did all he could in the 90 minutes to set up a semi-final against Croatia, who beat Brazil on penalties earlier on Friday, but a late collective collapse almost saw him make an embarrassing World Cup exit. Having earlier watched Neymar tearfully exit the Qatar World Cup without taking a penalty for Brazil, Messi took no chances in the shoot-out and stepped up first, setting the tone for what was to come. COMPELLING PLAYERWith Neymar out and Ronaldo benched by Portugal, only France's Kylian Mbappe can rival Messi as the tournament's most compelling player. There was joy, but the overriding emotion etched on Messi's face as his team celebrated with the fans was relief. Croatia await - get past them and maybe the fans that haven't always loved him will put him up there with Diego Maradona, but nothing less than victory in the World Cup final will suffice.
Dutch name preliminary World Cup squad list
  + stars: | 2022-10-21 | by ( ) www.reuters.com   time to read: +2 min
AMSTERDAM, Oct 21 (Reuters) - Netherlands coach Louis van Gaal on Friday sprung some surprises as he named a 39-man preliminary squad for the World Cup in Qatar next month. Mitchel Bakker, Xavi Simons and Micky van de Ven were named for the first time while uncapped Sven Botman, Jeremie Frimpong and Pascal Struijk, who have received previous call-ups, were also included in a list dominated by nine players from Dutch champions Ajax Amsterdam. All World Cup-bound teams are required to select between 35 and 55 players in a preliminary list by Friday and it is from this list that they must make the final selection of 26 by 1800 GMT on Nov. 14. Register now for FREE unlimited access to Reuters.com RegisterThe Dutch compete at the World Cup in Group A and start the tournament on Nov. 21 with a match against Senegal, followed by Ecuador and Qatar in the first round. Register now for FREE unlimited access to Reuters.com RegisterWriting by Mark Gleeson in Cape TownOur Standards: The Thomson Reuters Trust Principles.
Echipa națională a Țărilor de Jos va juca în această seară cu Ucraina la Amsterdam, iar fotbaliștii au avut program încărcat la antrenamente, însă au avut timp și pentru relaxare. Adversara olandezilor, echipa națională a Ucrainei a ajuns la Amsterdam, iar jucătorii sunt deciși să le strice sărbătoarea gazdelor. Din acest motiv, naționala Ucrainei va juca împotriva oricărui adversar doar pentru victorie. Meciul dintre naționala olandeză și cea a Ucrainei va începe la ora 22:00 și va fi transmisă în direct PRIME. Același post de televiziune va transmite primul meci al zilei, Anglia - Croația, care se va juca la Londra pe legendarul stadion Wembley.
Persons: Olandezii, Nathan Ake, Stefan, Vrij, Raheem Sterling Organizations: Echipa, națională, Wembley, Arena Națională Locations: Țărilor de Jos, Ucraina, Amsterdam, Ucrainei, Anglia, Croația, Londra, Angliei, București, Austria, Macedonia de Nord
Olandezii se pregătesc să debuteze la Campionatul European de fotbal. Din acest motiv, naționala Ucrainei va juca împotriva oricărui adversar doar pentru victorie. "Meciul dintre naționala olandeză și cea a Ucrainei va începe la ora 22:00 și va fi transmisă în direct PRIME. Același post de televiziune va transmite primul meci al zilei, Anglia - Croația, care se va juca la Londra pe legendarul stadion Wembley. Partida va începe la ora 16:00.În ajunul confruntării, unul din staruruile echipei engleze, Raheem Sterling a primit o veste minunată.
Persons: Olandezii, Nathan Ake, Stefan, Vrij, Raheem Sterling Organizations: Echipa, națională, Wembley, Arena Națională Locations: Țărilor de Jos, Ucraina, Amsterdam, Ucrainei, Anglia, Croația, Londra, Angliei, București, Austria, Macedonia de Nord
Campioana Franţei avea nevoie de victorie, dar echipa pregătită de Pep Guardiola a fost cea care a început cu dreptul şi a deschis scorul în min. 11, prin Mahrez, algerian născut la Paris, cu un şut din unghi, după un şut blocat al lui De Bruyne. Formaţia antrenată de Pochettino a trecut din nou pe lângă gol câteva minute mai târziu (19), când Bernardo Silva a fost deposedat de minge, iar Di Maria a şutat pe lângă poarta părăsită pentru moment de Ederson. Angel Di Maria, 6. Cartonaş roşu: Di Maria (69).
Persons: Pep Guardiola, PSG, Marquinhos, Bernardo Silva, Di, Oaspeţii, portughezul Ruben Dias, Di Maria, Navas, Paris Saint - Germain, Ederson, . Kyle Walker, John Stones, . Ruben Dias, Oleksandr, Raheem, Ilkay, Riyad, Kevin, Bruyne, Gabriel Jesus, Phil Foden, Sergio Aguero, Zack Steffen, Scott Carson, 6, Nathan Ake, Aymeric, Torres, Benjamin Mendy, Keylor, Alessandro Florenzi, Colin Dagba, Presnel, Abdou, Mitchel Bakker, Ander Herrera, Julian Draxler, Leandro Daniel Paredes, Danilo Pereira, Marco, Mauro Icardi, Moise Kean, Sergio Rico, Mathyas, Thilo, Kylian, Pablo Sarabia, Layvin, Sander, Roekel, Erwin Zeinstra, Boekel, Dennis Higler, Danilo, Maria Organizations: City, Manchester City, Chelsea, Real Madrid, Manchester Locations: PSG, algerian, Paris, Istanbul, Paris Saint -, Olanda, Grecia, Pol
De peste 13 ani, acesta cercetează viața râmelor și influența biohumusului pe care acestea îl produc asupra solului și productivității plantelor, scrie Uatv.ua. Mihail Bondarenko a lansat o fermă de râme, care, la moment, este cea mai mare din Ucraina. Astfel, în 2014 Bondarenko a lansat prima fermă de râme în Hmelnițki. Fermierul Taher Ake a văzut un clip video de la ferma mea, m-a contactat, a venit și a cumpărat biohumus uscat și humate lichide. Acum dezvoltăm un proiect foarte ambițios pentru producerea de îngrășăminte solide și lichide, granulate, diverse amestecuri și tipuri de humate pentru sol.
Persons: Mihail Bondarenko, Hmelnițki, tehnologul, Ake Organizations: Bondarenko Locations: Ucraina, Biohumusul, California, Poltava, Sumî, Zaporojie, Nikolaev, Odessa, Asia, Uzbekistan, Fermierul, Portugalia, Italia
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