Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Gardner"


25 mentions found


A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSept 19 (Reuters) - Coinbase (COIN.O), the largest U.S. cryptocurrency exchange, is stepping up its grassroots advocacy campaign in a bid to advance legislation that will provide regulatory clarity for the industry, the company said. Coinbase estimates there are 52 million crypto owners in the U.S. Coinbase last month started a non-profit, Stand With Crypto, to advance pro-crypto policy. That group has recently held events in Ohio, Nevada, Georgia and Montana that have "tested the capacity to organize crypto advocates,” Coinbase said in a blog.
Persons: Dado Ruvic, Coinbase, “ Crypto, Kara Calvert, ” Coinbase, Hannah Lang, Michelle Price, Timothy Gardner Organizations: REUTERS, U.S . House, Representatives, Capitol, U.S, U.S . Securities, Exchange Commission, Thomson Locations: U.S, Washington ,, Washington, Ohio , Nevada , Georgia, Montana
NEW YORK, Sept 19 (Reuters) - Marketing automation company Klaviyo Inc (KVYO.N) secured a valuation of $9.2 billion in its initial public offering (IPO) on Tuesday, the company said, after pricing the share sale above its indicated range. Klaviyo said it priced 19.2 million shares at $30 apiece. It had raised its indicated IPO price range from $25-$27 per share to $27-$29 per share on Monday. Reuters was first to report that Klaviyo was considering pricing the IPO above its targeted range at $30 per share. Bloomberg News first reported about the IPO being priced at $30.
Persons: Klaviyo, Andrew Bialecki, Ed Hallen, , Goldman Sachs, Morgan Stanley, William Blair, Echo Wang, Anirban Sen, Dimpal, Timothy Gardner, Miral Organizations: Klaviyo Inc, Reuters, Bloomberg News, BlackRock Inc, SoftBank, Nasdaq, New York Stock Exchange, Citigroup Inc, Barclays Plc, Mizuho Financial Group, underwriters, Thomson Locations: U.S, New York, Bengaluru
"Some companies have told us their estimations of their nature risk are larger than their climate risks." The guidelines aim to get companies to report their nature risks in ways that mirror their financial and economic reporting that for decades have been part of regular corporate operations. Both the climate and nature frameworks urge companies to choose appropriate indicators to measure, monitor and report their risks. Climate and nature-related risks are often closely connected, Goldner said. The 14 recommendations launched on Monday include describing nature-related risks and opportunities to business models, and explaining management's role in assessing and handling them.
Persons: Jack Bertenthal, Loren Elliott, Tony Goldner, Goldner, Isla Binnie, Timothy Gardner Organizations: Tahoe Community College, Research, REUTERS, Bank, KPMG, BlackRock, HSBC, Tata Steel, United Nations, Thomson Locations: Blodgett, Georgetown , California, U.S
Chevron Chief Executive Mike Wirth also said he thinks oil will cross $100 per barrel in a Bloomberg News interview. Saudi Arabia and Russia this month extended a combined 1.3 million barrels per day (bpd) of supply cuts to the end of the year. Saudi Arabia's energy minister, Prince Abdulaziz bin Salman on Monday defended OPEC+ cuts to oil market supply, saying international energy markets need light-handed regulation to limit volatility. China, considered the engine of oil demand growth, is a key risk because of its sluggish post-pandemic economic recovery, though its oil imports have remained robust. "The high-for-longer mantra would ultimately have a negative impact on economic growth and would affect oil demand."
Persons: Tatiana Meel, Brent, WTI, Fiona Cincotta, Mike Wirth, Prince Abdulaziz bin Salman, Callum Macpherson, Tamas Varga, PVM's Varga, Arathy Somasekhar, Natalie Grover, Florence Tan, Sudarshan, David Goodman, Timothy Gardner Organizations: REUTERS, Rights, Brent, U.S, West Texas, Citi, Monday, Chevron, Bloomberg, ANZ, XM, U.S . Federal, Thomson Locations: Nakhodka, Russia, Saudi Arabia, Ukraine, China, Saudi, Investec, Europe, Houston, London, Singapore
A Joby Aviation Air Taxi is seen outside of the New York Stock Exchange (NYSE) ahead of their listing in Manhattan, New York City, U.S., August 11, 2021. Joby intends to begin hiring "immediately" to stand up manufacturing of aircraft components at existing buildings at the Dayton site, Bevirt said. Construction of the new production facility will begin in 2024, with operations to start in 2025. Bevirt declined to comment on initial production rates and how much funding would be immediately allocated to construct the Dayton facility. The state of Ohio and several political organizations have offered up to $325 million in incentives and benefits to develop the Dayton site, Joby said.
Persons: Andrew Kelly, JoeBen Bevirt, Joby, Bevirt, Valerie Insinna, Timothy Gardner Organizations: Aviation Air Taxi, New York Stock Exchange, REUTERS, Rights, Electric, Joby Aviation, Dayton International, Reuters, Federal Aviation Administration, Pentagon, Archer Aviation, Beta Technologies, FAA, Thomson Locations: Manhattan , New York City, U.S, Dayton , Ohio, California, Dayton, Ohio
NFL roundup: Chiefs get back on winning track against Jaguars
  + stars: | 2023-09-18 | by ( ) www.reuters.com   time to read: +10 min
Mahomes threw touchdown passes to Skyy Moore and Travis Kelce as the Chiefs (1-1) rebounded from a season-opening 21-20 loss to the Detroit Lions. Jones threw a 9-yard touchdown pass to Saquon Barkley and an 11-yard touchdown pass to Isaiah Hodgins, then drove New York 56 yards to Graham Gano's winning 34-yard field goal with 19 seconds remaining. In his third NFL start -- all Washington wins -- Howell completed 27 of 39 passes to fuel the Commanders' rally. Seahawks 37, Lions 31 (OT)Geno Smith connected with Tyler Lockett on a 6-yard touchdown pass in overtime to give visiting Seattle a victory over Detroit. Burrow aggravated his right calf injury on his second touchdown pass late in the fourth quarter.
Persons: Patrick Mahomes, Morgan Tencza, Mahomes, Skyy Moore, Travis Kelce, Kelce, Chris Jones, George Karlaftis, Jones, Trevor Lawrence, Christian Kirk, wideouts Zay Jones, Calvin Ridley, Daniel Jones, Saquon Barkley, Isaiah Hodgins, Graham Gano's, Joshua Dobbs, Kyler Murray, James Conner, Sam Howell, Brian Robinson, Howell, Robinson, Russell Wilson, Mary, Brandon Johnson, Benjamin St, Juste, Courtland Sutton, Wilson, Sean Payton, Geno Smith, Tyler Lockett, Smith, Lockett, Kenneth Walker, Riley Patterson, Jared Goff, Goff, Tre Brown, Gardner Minshew, Anthony Richardson, Richardson, Minshew, C.J, Stroud, Nico Collins, Tank Dell, Josh Allen, Allen, James Cook, Gabe Davis, Jimmy Garoppolo, Josh Jacobs, Davante Adams, Arthur Smith, Younghoe Koo, Bijan Robinson, Koo, Desmond Ridder, Drake London, Jordan Love, Jayden Reed, Ryan Tannehill, Nick Folk, Derrick Henry, Nick Westbrook, Cameron Dicker's, Justin Herbert, Keenan Allen, Austin Ekeler, Lamar Jackson, Joe Burrow, Burrow, Jackson, Nelson Agholor, Tee Higgins, Baker Mayfield, Mike Evans, Justin Fields, Fields, fumbling, Joe Tryon, Shoyinka, White, Dak Prescott, Brandon Aubrey, Prescott, Aaron Rodgers, Achilles, Zach Wilson, Garrett Wilson, Christian McCaffrey, San, Brock Purdy, Nacua, Matthew Stafford Organizations: Kansas City Chiefs, Jacksonville Jaguars, EverBank, Chiefs, Detroit Lions, Kansas, Jaguars, Giants, Cardinals, New York, Arizona, Broncos, Washington, NFL, Denver, Seahawks, Lions, Seattle, Detroit, Colts, Texans, Indianapolis, Houston, Bills, Raiders, Buffalo, Falcons, Packers, Atlanta, Green, Chargers, Tennessee, Los Angeles, The Chargers, Ravens, Bengals, Baltimore, Cincinnati, Buccaneers, Bears, Tampa Bay, Bucs, Tampa, Cowboys, Jets, Dallas, New, 49ers, Rams, Los, Thomson Locations: Jacksonville , Florida, USA, New York, Denver, Las, Orchard Park, N.Y, Green Bay, Green, Los, Nashville, Tenn, Tennessee, Tannehill, Ikhine, Cincinnati, Chicago, Tampa Bay, Arlington , Texas, San Francisco, Los Angeles, Inglewood , Calif
OTTAWA, Sept 18 (Reuters) - More than a year after Canada first announced incentives to jumpstart clean technology projects there is still no money flowing, and if they are not in place soon, more than C$50 billion ($37 billion) in investments could be at risk, industry groups said. The government "urgently needs to get as much of this out the door this fall as possible." Masterson says there are "well beyond C$25 billion of proposed investments" in more than a dozen projects in his industry that are waiting for the incentives. An additional C$17 billion in ITCs for clean hydrogen, electricity and manufacturing were announced six months ago and those are at an earlier stage. Adam Auer, president of Cement Association of Canada, said his members have "billions" in projects that are waiting on the ITCs.
Persons: Justin Trudeau's, Bob Masterson, Masterson, Trudeau, Dennis Darby, Darby, Adam Auer, Rachelle Schikorra, Steve Scherer, Timothy Gardner Organizations: Canada, Justin Trudeau's Liberal, Chemistry Industry Association of Canada, Canadian Manufacturers, CME, Cement Association of Canada, Dow Chemicals, Reuters, Thomson Locations: OTTAWA, United States, U.S, Exshaw , Alberta, Canada, Fort Saskatchewan , Alberta
Sept 18 (Reuters) - More than 50 Colombian state entities and private companies were hit by a cyber attack last week, Colombian President Gustavo Petro told journalists in New York. Internet service provider IFX Networks last week reported it was the victim of a ransomware attack, which saw dozens of Colombian organizations affected. Without naming the company, Petro said the wider impact of the attack showed IFX Networks did not have the right "cybersecurity measures" in place and put the company in breach of its contracts. Earlier on Monday, Colombia's Minister for Information, Technology and Communications Mauricio Lizcano said on messaging platform X that he had ordered administrative actions to be launched against IFX Networks. "We are coordinating ... a civil lawsuit and possibly a criminal case (against the company)," Lizcano said.
Persons: Gustavo Petro, Petro, Communications Mauricio Lizcano, Lizcano, Oliver Griffin, Timothy Gardner Organizations: IFX Networks, Colombia's, Information, Technology, Communications, Thomson Locations: Colombian, New York
HOUSTON (AP) — Indianapolis quarterback Anthony Richardson sustained a concussion Sunday against the Houston Texans. Richardson was taken to the locker room early in the second quarter to be evaluated and the team later announced that he was out with a concussion. Richardson ran for two touchdowns in the first quarter to help the Colts build a 14-7 lead. He went to the medical tent after a drive to start the second quarter and was soon escorted to the locker room. Richardson, the fourth overall pick in the draft, was 6 of 10 for 56 yards passing.
Persons: Anthony Richardson, Richardson, Gardner Minshew, ___ Organizations: HOUSTON, Indianapolis, Houston Texans, Colts
ARLINGTON, Texas (AP) — Dak Prescott threw for two touchdowns, Zach Wilson had three interceptions in his first start after Aaron Rodgers' season-ending Achilles tendon injury, and the Dallas Cowboys beat the New York Jets 30-10 on Sunday. But New York had just 147 yards outside the long TD, and four second-half turnovers left little doubt for Dallas. Prescott targeted Lamb so much — 13 times, two shy of his career high — it was almost one too many. Cowboys: CB Jourdan Lewis made his season debut after missing the final 10 games last season with a broken foot. UP NEXTJets: The second AFC East rival in the first three weeks with a visit from New England next Sunday.
Persons: — Dak Prescott, Zach Wilson, Aaron Rodgers, CeeDee Lamb, Brandon Aubrey, Wilson, Garrett Wilson, Daniel Jones, Jayron Kearse, Malik Hooker, Trevon Diggs, Dalvin Cook, Micah Parsons, Cook, Parsons, Prescott's, Luke Schoonmaker's, Brandin Echols, Jake Ferguson, Brandin Cooks, Lamb, Garrett Wilson's, Tony Adams, Prescott, Sauce Gardner, Tony Pollard, Sharrif Floyd, Floyd, Adams, upended Lamb, Michael Carter II, Jourdan Lewis, LG Chuma Edoga, Tyler Smith, Smith, T.J ., RG Zack Martin, Pollard, ___ Organizations: Dallas Cowboys, New York Jets, Cowboys, Giants, Jets, Dallas, LG, UP NEXT Jets, AFC East, Sunday, Arizona Locations: ARLINGTON , Texas, New York, Dallas, York, New England
A Google logo is seen at the Google offices in the Chelsea section of New York City, U.S., January 20, 2023. REUTERS/Shannon Stapleton//File Photo Acquire Licensing RightsCompanies Alphabet Inc FollowARLINGTON, Virginia Sept 15 (Reuters) - U.S. District Judge Leonie Brinkema on Friday declined to order a Justice Department official to stay out of the government's advertising antitrust lawsuit against Alphabet's (GOOGL.O) Google but said the department "should think about it." In November 2021, Google asked the Justice Department to consider requiring Jonathan Kanter, assistant attorney general in charge of antitrust, to recuse himself because of his work for a long list of Google critics. The Justice Department filed the advertising lawsuit in January in Arlington, Virginia, along with eight states, and nine other states joined in April. While Brinkema declined to order Kanter recused, she seemed skeptical during a court hearing that he should be involved and added that the Justice Department should "use some wisdom" in deciding what to do.
Persons: Shannon Stapleton, Leonie Brinkema, Jonathan Kanter, Brinkema, Kanter, David Shepardson, Diane Bartz, Timothy Gardner Organizations: REUTERS, Justice Department, Alphabet's, Google, D.C, Thomson Locations: Chelsea, New York City, U.S, ARLINGTON , Virginia, Arlington , Virginia, Washington, United States
Senator Elizabeth Warren (D-MA) speaks to supporters in Memphis, Tennessee, U.S. March 17, 2019. L3 Harris said on July 26 it was informed that the U.S. Federal Trade Commission would not block its $4.7 billion deal for Aerojet Rocketdyne. The letter was signed by Warren, chair of the Senate Armed Services Committee Subcommittee on Personnel, as well as U.S. The lawmakers also requested correspondence between the Pentagon and the companies regarding potential conditions, including how they would be enforced. Reporting by Diane Bartz; additional reporting by Mike Stone; editing by Timothy GardnerOur Standards: The Thomson Reuters Trust Principles.
Persons: Elizabeth Warren, Karen Pulfer Focht, Lloyd Austin, Harris, Warren, L3Harris, William LaPlante, Representatives John Garamendi, Mark Pocan, Diane Bartz, Mike Stone, Timothy Gardner Organizations: Democratic, U.S, REUTERS, Rights, Democrat, L3 Harris Technologies, U.S . Federal Trade Commission, Aerojet, Pentagon, Federal Trade Commission, Senate Armed Services, Representatives, Defense Department, Thomson Locations: Memphis , Tennessee, U.S, Austin
[1/4] UBS CEO Sergio Ermotti addresses the Economic Club of New York in New York City, U.S., September 14, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsNEW YORK, Sept 14 (Reuters) - UBS Group (UBSG.S) CEO Sergio Ermotti plans to stay at the helm through 2026 to integrate former rival Credit Suisse in a process he likened to a marathon. "I need to finish the job," Ermotti told the Economic Club of New York on Thursday. "My commitment is to finish the job, and for sure that means staying through the end of 2026. UBS said last month it wants to cut $10 billion in costs by the end of 2026 and lay off 3,000 people in Switzerland.
Persons: Sergio Ermotti, Brendan McDermid, Ermotti, Colm Kelleher, Tatiana Bautzer, Lananh Nguyen, Chris Reese, Timothy Gardner Organizations: UBS, Economic, of New, REUTERS, Credit Suisse, Thomson Locations: of New York, New York City, U.S, Swiss, Asia, China, Switzerland, New York
REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsPARIS/LONDON, Sept 14 (Reuters) - Britain, France and Germany said on Thursday they would retain ballistic missile and nuclear proliferation-related sanctions on Iran that were set to expire in October under the 2015 Iran nuclear deal, a step that could provoke Iranian retaliation. The JCPoA agreed with Iran in 2015 envisaged a "Transition Day" eight years later, when remaining ballistic missile and nuclear-related sanctions on Iran would be lifted. But Britain, France and Germany will now transfer UN sanctions on Iran that are due to be lifted next month into domestic law, while Britain and the EU will retain existing sanctions, Britain's Foreign office said in a statement. The crux of the JCPoA pact, which Iran made with Britain, China, France, Germany, Russia and the U.S., limited Tehran’s nuclear programme making it harder for it to get fissile material for a bomb in return for relief from economic sanctions. We stand ready to reverse our decision, should Iran fully implement its JCPoA commitments," the E3 said, referring to a mechanism that would immediately restore all UN sanctions against Iran.
Persons: Leonhard Foeger, Josep Borrell, Donald Trump, Joe Biden’s, Sachin Ravikumar, Parisa, David Holmes, Timothy Gardner Organizations: International Atomic Energy Agency, IAEA, REUTERS, Reuters, EU, Iran, Thomson Locations: Vienna, Austria, Britain, France, Germany, Iran, United Kingdom, Ukraine, Russia, Tehran, United States, China, U.S, Dubai
Norway could become the first nation to make deep sea mining happen on a commercial scale if the country's parliament approves a plan to open ocean an area larger than the United Kingdom to the new industry. The mining could provide a source for such metals as copper and rare earth elements for the transition away from fossil fuels. He did not say whether SV would make support for the government's budget conditional on the issue. Still, Haltbrekken said deep sea mining was "high on our agenda" and "an important issue for us". In 2021, SV blocked the government's plans to conduct oil and gas exploration licensing round in frontier areas.
Persons: Lars Haltbrekken, Haltbrekken, SV, Victoria Klesty, Nerijus, Gwladys Fouche, Timothy Gardner Organizations: Reuters, NOAA, of Ocean Exploration, REUTERS, Rights, Labour, Centre Party, Socialist Left, SV, Conservative, Progress Party, Thomson Locations: Rights OSLO, Norway, United Kingdom
Since the 2015 debut of Craig Newmark Philanthropies, the entrepreneur has donated many millions of dollars to various causes involving media and technology. Newmark, 70, spoke to CNBC as he was recovering from a minor heart procedure he went through in late August. At the same time, he's worried that tech companies, particularly in social media, "aren't even trying anymore to get rid of stuff they know is dishonest," he said. "Protecting kids when it comes to AI is a big issue," Newmark said, regarding his donation to Common Sense Media. Within journalism, Newmark's most high-profile endeavor is the City University of New York's Craig Newmark Graduate School in Journalism.
Persons: Craig Newmark, Everard Craig Newmark, Craig Newmark Philanthropies, Newmark, he's, aren't, I've, Rather, Jim Jordan, I'm, City University of New York's Craig, Julia Angwin, she'd, Sue Gardner, algorithmically, Thilina, doesn't, " Newmark, that's Organizations: Craigslist, LinkedIn, Facebook, Sense Media, CNBC, Tech, Meta, Twitter, Sense, Knight Foundation, Ford Foundation, City University of New, City University of New York's Craig Newmark Graduate School, Journalism, CUNY, Nurphoto Locations: San Francisco, New York, Ohio
"It's going to be a mixed picture, with headline inflation picking due to higher gasoline prices and core inflation remaining contained," said Sam Bullard, a senior economist at Wells Fargo in Charlotte, North Carolina. "The Fed would be encouraged by the continued moderation trend in core inflation, but it's still too high." While that would mark the second straight month of a pick up in annual inflation, year-on-year consumer prices have come down from a peak of 9.1% in June 2022. In the 12 months through August, the core CPI is forecast to have increased by 4.3%. "Under our new forecast for CPI health insurance, we continue to expect core CPI and especially core services ex.
Persons: Sam Bullard, it's, Ronnie Walker, Goldman Sachs, James Knightley, Lucia Mutikani, Timothy Gardner Organizations: Federal Reserve, Labor Department, U.S . Energy Information Administration, CPI, Financial, Labor Department's Bureau of Labor Statistics, United Auto Workers, General Motors, Ford Motor, ING, Thomson Locations: WASHINGTON, Wells, Charlotte , North Carolina, U.S, I'm, New York
By Ricardo BritoBRASILIA (Reuters) - Brazil is preparing to launch a center for international police cooperation to combat environmental crimes and drug trafficking in the Amazon rainforest by the end of 2023, Federal Police officials told Reuters. The center, agreed upon at the summit of Amazon nations in August, will bring together police authorities from the eight countries of the Amazon Cooperation Treaty Organization (ACTO). Uniting the Amazon countries against criminal activity in the world's largest rainforest is key to President Luiz Inacio Lula da Silva's effort to restore Brazil's environmental credentials after four years of soaring deforestation under predecessor Jair Bolsonaro. "We expect to see a significant reduction in environmental crimes in the area and also action involving the entire Amazon region and not just a few isolated countries," Urquiza said. "There's no point in operating only in Brazil," he said, adding that criminals in the region move around the countries of the rainforest to evade authorities.
Persons: Ricardo Brito, Luiz Inacio Lula da, Jair Bolsonaro, Valdecy Urquiza, Urquiza, Humberto Freire, Ameripol, Freire, Peter Frontini, Timothy Gardner Organizations: Ricardo Brito BRASILIA, Reuters, Federal Police, Amazon Cooperation Treaty Organization, Federal Police's, Police, Interpol Locations: Brazil, Bolivia, Colombia, Ecuador, Guyana, Peru, Suriname, Venezuela
Workers of Sigma Lithium Corp are seen at the Grota do Cirilo mine in Itinga, in Minas Gerais state, Brazil April 18, 2023. REUTERS/Washington Alves/File Photo Acquire Licensing RightsSept 13 (Reuters) - Miner Sigma Lithium (SGML.V), said on Wednesday it is evaluating strategic alternatives for the whole company, including its Brazilian unit, sending the company's U.S.-listed shares up 14.8% in premarket trading. The company said it has received multiple proposals for its Grota do Cirilo project in Brazil, Sigma Brazil and parent company Sigma Lithium. The proposals were from "global industry leaders in the energy, auto, batteries and lithium refining industries", according to Sigma Lithium. Sigma Lithium CEO Ana Cabral-Gardner said in July that Bank of America was coordinating talks with parties interested in acquiring it.
Persons: Washington Alves, Calvyn Gardner, Ana Cabral, Gardner, Sourasis Bose, Shounak Dasgupta Organizations: Sigma Lithium Corp, REUTERS, Sigma, Sigma Lithium, of America, LG Energy, Thomson Locations: Itinga, Minas Gerais, Brazil, U.S, Sigma Brazil, Vancouver , British Columbia, Bengaluru
CNN —Aaron Rodgers’ arrival in the MetLife Stadium on Monday night signaled that change and hope were on the way for the New York Jets, but it turns out that this season’s long-awaited new era has suffered a significant setback. However, just four snaps into Rodgers’ New York career, disaster struck. Gang Green forced four turnovers from Bills quarterback Josh Allen – a fumble to go along with three interceptions by Jordan Whitehead. Jets wide receiver Garrett Wilson (17) celebrates with teammates after catching a pass for a touchdown during the fourth quarter. Wilson throws a pass under pressure from the Bills' pass rush.
Persons: CNN — Aaron Rodgers, Rodgers, Leonard Floyd, Achilles, , Aaron, I’m, , Robert Saleh, ” Rodgers, Seth Wenig, Zach Wilson, Breece, Garrett Wilson, Greg Zuerlein, Green, Josh Allen –, Jordan Whitehead, That’s, Allen, Xavier Gipson, Stephen F, Adam Hunger, Allen Lazard, Jordan, Terrel Bernard, Vincent Carchietta, Sauce Gardner, Quincy Williams, Hall’s, Dalvin Cook, Wilson, ” Saleh, Tim Boyle, Wilson’s, Mike White, Joe Flacco, Elsa, Getty, Boyle, Matt Ryan, Carson Wentz Organizations: CNN, MetLife, New York Jets, Jets, Buffalo Bills, Green Bay Packers, Bills, Austin University, of Famer, NFL, Reuters Locations: Rodgers ’, York, Reed, Wilson, Rodgers
Factbox: Few suppliers of synthetic graphite for EV batteries
  + stars: | 2023-09-12 | by ( ) www.reuters.com   time to read: +1 min
A sign directing towards electric vehicle charging points is seen in a car park in Manchester, Britain, September 8, 2023. REUTERS/Phil Noble/File Photo Acquire Licensing RightsSept 12 (Reuters) - Although synthetic graphite has been around for more than 100 years, few companies are supplying the material to makers of electric vehicle batteries and battery electrodes. Here’s a short list of public and private companies engaged in the development and production of synthetic graphite, regarded as higher purity and offering better performance, for EV batteries:Anovion (USA)Founded: 2022Partners: Forge Nano, American Battery FactoryOperations: USABTR New Energy Materials (China)(835185.BJE)Founded: 2000Investor: Syrah Resources (SYR.AX)Partner: CNGR (300919.SZ)Operations: China, IndonesiaKuntian New Energy Technology (China)Founded: 2018Investors: Sinopec (600028.SS) , SK China, A123 Systems, Eve Energy (300014.SZ) , BTR New Energy Materials (835185.BJE) , SvoltOperations: ChinaNovonix Group (Australia)(NVX.AX)Founded: 2012Investor: Phillips 66 (PSX.N)Partners: LG Energy Solution (373220.KS) , Kore PowerOperations: Australia, Canada, USAResonac Holdings (Japan)(4004.T)formerly Showa DenkoFounded: 1939Operations: JapanShanshan Technology (China)(SSHOLG.UL)Vianode (Norway)Founded: 2020Investors: Elkem (ELK.OL) , Norsk Hydro (NHY.OL)Operations: NorwaySources: Felixwire, PitchBookReporting by Paul Lienert in Detroit; Editing by Timothy GardnerOur Standards: The Thomson Reuters Trust Principles.
Persons: Phil Noble, Paul Lienert, Timothy Gardner Organizations: REUTERS, EV, American Battery Factory, BTR, Energy Materials, Syrah, Indonesia Kuntian, Energy Technology, SK China, Systems, Eve Energy, BTR New Energy Materials, Svolt, China Novonix Group, LG Energy, Power, USA Resonac Holdings, Japan Shanshan Technology, Norsk Hydro, Thomson Locations: Manchester, Britain, China, BJE, Indonesia, Australia, Canada, Japan, Vianode, Norway, Detroit
The focus is shifting to a new front: Synthetic graphite, an element developed in the late 19th century, but only redirected toward EVs in the past decade. Synthetic graphite could account for nearly two-thirds of the EV battery anode market by 2025, estimates Benchmark Mineral Intelligence. "It’s easier to set up a synthetic graphite production facility than it is to commission new mining sites for natural graphite” because producers can take advantage of incentives in last year's U.S. Inflation Reduction Act to build synthetic graphite capacity in the U.S. or Free Trade Agreement partners, she said. Other experts note synthetic graphite is generally higher purity and offers better and more predictable performance than natural graphite. Still, the construction of new production facilities for synthetic graphite, even with federal incentives, requires a staggering investment, said Novonix's Burns.
Persons: Simon Dawson, , Victoria Hugill, It's, Chris Burns, Norway's, Vianode, Hans Erik Vatne, Vatne, Bob Galyen, China’s CATL, Novonix's Burns, , Fastmarkets, Burns, Paul Lienert, Nick Carey, Timothy Gardner Organizations: REUTERS, Mineral Intelligence, EV, U.S, Trade, Infrastructure Investment, Jobs Act, Norsk Hydro, Hydro, Galyen Energy, Thomson Locations: London, Britain, United States, Europe, China, U.S, Bainbridge , Georgia, Chattanooga , Tennessee, North America, Detroit
Iran's Presidency/Mohammad Javad Ostad/WANA (West Asia News Agency)/Handout via REUTERS Acquire Licensing RightsWASHINGTON, Sept 12 (Reuters) - Five U.S. citizens detained in Iran who are expected to be swapped for five Iranians imprisoned in the United States as early as next week are "in full health," Iranian President Ebrahim Raisi said on Tuesday. The United States said it will have "oversight" on how and when the funds will be spent. IRNA, citing Iran's mission to the United Nations, said "some of the freed Iranians will remain in the United States while others will return ... "The arrangements have been done and the final action of swapping the prisoners should be finalized in the due time," Raisi told NBC, according to excerpts released by the network. "This money belongs to the Iranian people, the Iranian government, so the Islamic Republic of Iran will decide what to do with this money," Raisi said in the interview, speaking through an Iranian government translator.
Persons: Ebrahim Raisi, Emmerson Mnangagwa, Mohammad Javad Ostad, Matthew Miller, Raisi, Lester Holt, Siamak, Morad Tahbaz, Mehrdad Moin, Ansari, Kambiz Attar, Kashani, Reza Sarhangpour, Amin Hassanzadeh, Kaveh, IRNA, John Kirby, Arshad Mohammed, Rami Ayyub, Daphne Psaledakis, Parisa Hafezi, Timothy Gardner, Rosalba O'Brien Organizations: State House, Iran's, West Asia News Agency, REUTERS Acquire, Rights, U.S, United, Department, NBC Nightly, U.S ., British, U.S . State Department, United Nations, White House, MSNBC, NBC, Thomson Locations: Harare, Zimbabwe, Iran, United States, South Korean, Washington, Tehran, U.S, Emad Sharqi, Qatar, Islamic Republic of Iran, Dubai
Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. REUTERS/Aris Martinez Acquire Licensing RightsSept 12 (Reuters) - The Panama Canal could further reduce the maximum number of vessel transits authorized per day if a drought that has hit the waterway this year continues, its administrator said on Tuesday. In a move to ease the bottleneck of ships waiting, the canal has recently changed its reservation system to allow more non-booked vessels to pass and to give priority to the ships waiting the longest. The head of the Panama Canal Authority, Ricaurte Vasquez, said the waterway would opt for reducing daily transits if needed, before planning any further cut to authorized vessel draft, which affects shippers the most. PROLONGED DROUGHTVasquez said that even though this drought has not been the most severe Panama has ever seen, it could be very long.
Persons: Aris Martinez, Vasquez, Ricaurte Vasquez, Marianna Parraga, Gary McWilliams, Timothy Gardner Organizations: Monrovia NSU CHALLENGER, REUTERS, Aris, Panama Canal Authority, Thomson Locations: Cocoli, Panama, Panama City, Pacific
Iranian President Ebrahim Raisi meets with Zimbabwean President Emmerson Mnangagwa (not pictured) during his official visit at the State House in Harare, Zimbabwe, on July 13, 2023. Iran's Presidency/Mohammad Javad Ostad/WANA (West Asia News Agency)/Handout via REUTERS Acquire Licensing RightsWASHINGTON, Sept 12 (Reuters) - Five U.S. citizens detained in Iran, who are expected to be swapped for five Iranians imprisoned in the United States as early as next week, are "in full health," Iranian President Ebrahim Raisi said in a television interview on Tuesday. One source familiar with the talks has previously said the Swiss embassy, which represents U.S. interests in Iran, had visited the five Americans and said they were in good health. While Raisi appeared to acknowledge the $6 billion may only be used for humanitarian purposes, he said Iran would decide how the money would be spent. "This money belongs to the Iranian people, the Iranian government, so the Islamic Republic of Iran will decide what to do with this money," Raisi said in the interview, speaking through an Iranian government translator.
Persons: Ebrahim Raisi, Emmerson Mnangagwa, Mohammad Javad Ostad, Raisi, Lester Holt, Morad Tahbaz, Arshad Mohammed, Samia Nakhoul, Timothy Gardner Organizations: State House, Iran's, West Asia News Agency, REUTERS Acquire, Rights, U.S, NBC Nightly, U.S ., British, NBC, U.S . State Department, Thomson Locations: Harare, Zimbabwe, Iran, United States, Tehran, U.S, Emad Sharqi, South Korean, Washington, Qatar, Swiss, Islamic Republic of Iran, South Korea, Dubai
Total: 25