‘The lithium world is on pins and needles.’The two biggest lithium producers signed deals to increase their output in the world’s driest desert. The true state of the water supply in a basin of the world’s driest desert has become an obsession of lithium industry watchers.
Commentary:When it comes to defining America’s quandary on Saudi Arabia, U.S. President Donald Trump’s description is mercenary in the extreme. If Washington doesn’t stay close to Riyadh and sell it arms, he told reporters this weekend, the Saudis will turn to Moscow or Beijing instead. He has a point – and one that also speaks to the broader geopolitical and moral issues at stake, writes Reuters global affairs columnist Peter Apps. Across the Middle East, the more the United States attempts to inflict its will on often increasingly autocratic governments, the more they simply turn elsewhere.
Takeda Pharmaceutical said Japan’s Fair Trade Commission had approved its $62 billion acquisition of Shire, bringing the Japanese firm closer to sealing a deal that will make it a global top 10 drugmaker.
Tennis ace Caroline Wozniacki signed a deal with a Singaporean company to launch her own crypto token, with the firm saying it hoped ex-soccer star Michael Owen or boxer Manny Pacquiao would be the first to sell such a token next year. Catch up on the future of money.
U.S. fund managers in June replicated defensive recommendations from the previous month with slightly more cash, a Reuters poll showed, underscoring worries that a U.S. trade conflict with China and some of its own allies will hurt global growth.
