Musk Says His Companies are Looking to Invest in Argentina

Sept 24 Reuters Elon Musk, the CEO of Tesla and SpaceX, said in a post on X on Tuesday that his companies were looking for ways to invest in Argentina and support the South American nation. Argentina is the world39;s fourthlargest producer of lithium, a critical component of electric vehicle batteries. Musk has previously showed admiration […]
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Trafigura Names Richard Holtum as new CEO

Sept 24 Reuters Richard Holtum will take over as chief executive of global trading house Trafigura from Jan. 1 next year, the company said on Tuesday. Holtum will take over the helm at a time when trading firms are set to see reduced profits following windfall years after the COVID19 pandemic, while sharp equity growth […]
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US Monthly House Prices Edge Up in July

WASHINGTON, Sept 24 Reuters U.S. singlefamily home prices edged up in July, but the overall trend is slowing amid improving supply, which together with easing mortgage rates could make buying a house more affordable. House prices gained 0.1 on a monthonmonth basis after being unchanged in June, the Federal Housing Finance Agency said on Tuesday. […]
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US Consumer Confidence Ebbs in Sept on Labor Market Fears

WASHINGTON, Sept 24 Reuters U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market. The Conference Board said on Tuesday its consumer confidence index dropped to 98.7 this month from an upwardly revised 105.6 in August. The decline was the largest since August 2021. Economists polled by Reuters […]
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