2023 was volatile for zinc — as the bottom fell out of the market, it approached its lowest point since July 2020. As 2024 began, the base metal’s price was in the US$2,500 per metric ton (MT) range, but it quickly slid to its year-to-date low of US$2,300 on February…
Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) is looking to boost its output in the coming months and years. In its Q2 financial results, released on August 2, the company said it is aiming to increase its uranium production to a run rate of 1.1 million to 1.4 million pounds of U3O8 per year…
The stock market experienced a turbulent week influenced by concerns over US economic data. Cryptocurrencies also experienced significant losses before recovering toward the end of the week. Meanwhile, a long-awaited ruling could have massive implications for the tech sector, and a California-based chip stock became the most recent to fall…
LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. The Competition and Markets Authority said Thursday that it has begun a “Phase 1” investigation into Amazon’s investment and partnership with Anthropic to assess whether the deal has resulted in…
After years of starts and stops at the box office, Disney appears to have hit a groove in 2024. Its latest Pixar film, “Inside Out 2,” is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. Its first R-rated Marvel Cinematic Universe flick — “Deadpool & Wolverine”…
Delta Air Lines on Thursday said last month’s CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is pursuing legal claims against the company as well as Microsoft. The financial impact includes a $380 million revenue hit in the current quarter “primarily driven by refunding customers for cancelled flights…
DETROIT — Automaker Stellantis plans to indefinitely lay off up to 2,450 U.S. factory workers later this year as it discontinues production of an older version of its Ram 1500 pickup truck in Michigan. The truck has been largely used as a low-cost pickup to sell to entry-level buyers and fleet customers…
In Israel’s northern city of Nahariya, a sense of anxiety lingers among residents as they struggle to maintain daily life with the threat of war with Lebanon’s Hezbollah edging closer to their doorsteps. The coastal city of 77,000 residents sits just 6 miles (10 kilometers) from the border with Lebanon,…
Kyiv needed a win, but not a gamble. Ukraine’s decision to launch a large amount of its scant military resources across the border into Russia – in pursuit of headlines but, thus far, an unclear strategic objective – marks a moment of either desperation or inspiration for Ukraine. And it…
A Belgian publisher has apologized but refuses to take down a column that has been accused of inciting antisemitic hatred. In the column, a writer lamented the humanitarian suffering of Palestinians in Gaza and said it made him want to “ram a sharp knife through the throat of every Jew…