Lithium Chile and China Union Holdings have agreed to extend the deadline for the $175 million sale of the Arizaro lithium project in Argentina to August 20, 2026. The extension allows China Union more time to secure approval for transferring funds from China to complete the purchase and project development costs. China Union has actively supported the project by sending technical experts to Argentina and enhancing its team with lithium extraction specialists. An additional extension to October 19, 2026, is possible if needed to meet closing conditions.
Best Buy reported a strong fiscal Q2 2027 with revenue up 3.6% to $9.78 billion and comparable sales rising 4.1%, surpassing expectations. Adjusted diluted EPS increased 15% to $1.47, helped partly by $34 million in tariff refunds. Following these re...
BP, a major global energy company, is actively managing its portfolio by potentially selling oil and gas assets in Egypt to Energean and investing in new projects like a Halliburton contract in Brazil's offshore field. This strategic move aims to enh...
Evernorth Holdings received SEC approval for its Form S-4 registration, enabling its merger with Armada Acquisition Corp. II and a Nasdaq listing under the ticker XRPN. The merger is expected to raise over $1 billion, making Evernorth the largest pub...
Radiant World, a Singapore-based iron ore trading firm claiming $9.6 billion in revenue, is losing key partners after allegations of invalid invoices surfaced. Major commodity traders like Vitol, Cargill, and Glencore stopped business with Radiant, t...
Cardano's constitutional committee must ratify a governance action by September 6, 2026, to renew four of its seven seats. If not ratified by then, the committee falls below its minimum size of five members, causing a governance standstill where no m...
