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Top related persons:
Artem Volynets - 2 Arnd - 1 ACG - 1 Mick Davis - 1 PowerCo - 1 Appian - 1 Sibanye - 1 Volynets - 1
Top related locs:
Brazil London Baar Switzerland New York Western Europe North America La Mancha
Top related orgs:
Thomson - 2 REUTERS - 1 Chrysler - 1 Company - 1 Santa - 1 Appian - 1 Chartered - 1 Citigroup - 1

Search resuls for: "Santa Rita"


5 mentions found


☆ Glencore, automakers to back $1 bln nickel, copper SPAC deal in Brazil
  + stars: | 2023-06-12 | by ( ) www.reuters.com   time to read: +3 min
[1/2] The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, September 30, 2015. Glencore will invest $100 million in ACG equity. Stellantis and mining investment fund La Mancha Resource Capital will each provide an equity investment of the same amount, while PowerCo will make a $100 million nickel prepayment. During the process, ACG will become ACG Electric Metals and issue new shares, making Glencore, Stellantis and La Mancha owners of 51% and leaving 49% for free float, Artem Volynets, ACG chief executive, told Reuters. The deal "will establish ACG Electric Metals as a premier supplier of critical metals into the western EV value chain," Volynets said.
Persons: Arnd, ACG, Mick Davis, PowerCo, Artem Volynets, Appian, Sibanye, Volynets, En, Rusal, Polina Devitt, Clara Denina, Kirsten Donovan, Jason Neely Organizations: REUTERS, Chrysler, Company, Santa, Appian, Chartered, Citigroup, Blue Resources, Metals Acquisition Corp, Glencore, La, La Mancha Resource, Metals, Reuters, South Africa's, Hong, Thomson Locations: Baar, Switzerland, Brazil, London, New York, Western Europe, North America, La Mancha, Stillwater, Santa Rita, Hong Kong
☆ Stellantis SPAC deal has suitably decent airbags
  + stars: | 2023-06-12 | by ( ) www.reuters.com   time to read: +2 min
LONDON, June 12 (Reuters Breakingviews) - Carmakers are in a race to lock in battery metals like lithium. For shareholders, the risk is that they tie up capital in expensive supply deals, or mines in far-flung locations with poor governance. Stellantis’s (STLAM.MI) investment in a London-based special purpose acquisition company deal looks like a neat fix to those challenges. In a complex deal, halfway between an IPO and a SPAC takeover, it will buy the Serrote and Santa Rita mines in east Brazil for $1.1 billion. Besides the original SPAC investors, the bulk of that will likely come from a public offering, and new anchor investors like Stellantis.
Persons: Nat Rothschild’s Vallar, Artem Volynets, Neil Unmack, Xavier Niel, George Hay, Oliver Taslic Organizations: Reuters, Twitter, Brookfield, Thomson Locations: London, Santa, Brazil, Teck, China
☆ A world in three islands on the Mediterranean
  + stars: | 2023-05-25 | by ( Pavlo Fedykovych | ) edition.cnn.com   time to read: +16 min
CNN —In the middle of the Mediterranean Sea lies a small country made up of three inhabited islands and irresistible allure. Across its three inhabited islands – Malta, Gozo and Comino – you’ll find every sun-soaked aspect of the perfect vacation. The solution: Marsaskala, towards the southeastern tip of Malta island. Mellieħa Bay and St. Paul’s BayBugibba is a classic seaside resort town in St. Paul's Bay. The population is a modest two people, there are no cars, and no signs of globalization – just the untouched Mediterranean.
☆ GC Agenda: May 2023
  + stars: | 2023-05-01 | by ( Practical Law The Journal | ) www.reuters.com   time to read: +23 min
Clawback Listing StandardsPublic companies should be aware that proposed NYSE and Nasdaq clawback listing standards may be in place earlier than expected. Organizations may use biometric data in a variety of ways, including when:tracking employee time; restricting access to physical and digital assets; monitoring consumer shopping behavior; and integrating biometric data into consumer products and services. Consider whether the organization’s current policies and procedures meet applicable biometric data handling requirements, including notice, consent, retention, storage, and security obligations. Review applicable laws and obligations when contracting with service providers that handle biometric data and continuously monitor their performance. In February 2023, the NYSE and Nasdaq filed proposed new listing standards, which contemplated that they could become effective as early as April 27, 2023.
☆ Chinese air force bombers show off their growing reach with a long-range drill over the South China Sea
  + stars: | 2023-02-20 | by ( Kristin Huang | South China Morning Post | ) www.businessinsider.com   time to read: +5 min
Chinese H-6K bomber patrolling over islands and reefs in the South China Sea. "Probably, the fighter aircraft [was] deployed from the bases on the artificial islands in the Spratly Islands to support simulated strikes in the South China Sea. "The early warning aircraft can help monitor potential threats in the air, most notably enemy fighter aircraft that may try to shoot down the bomber. The early warning aircraft can also help coordinate activities among the different planes. Although the drill showed the enhanced ability of the Chinese air force, the bomber's capability boosted the threat already posed to US military forces by only a little, Heath said.
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