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Glencore's ex-head of oil charged with bribery offences by Britain's Serious Fraud Office - cnbc.com - Britain - Switzerland - Nigeria

Glencore's ex-head of oil charged with bribery offences by Britain's Serious Fraud Office

Glencore's former head of oil Alex Beard has been charged with bribery offences relating to the Swiss commodity trader's operations in Africa, Britain's Serious Fraud Office said on Thursday.

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YUICHI SHIGA - Nikkei staff writer - Toyota posts record Q1 net profit of $8.9bn, up 1.7% on weak yen - asia.nikkei.com - Japan - city Tokyo

Toyota posts record Q1 net profit of $8.9bn, up 1.7% on weak yen

TOKYO -- Toyota Motor on Thursday reported a record-high net profit of 1.3 trillion yen ($8.9 billion) for the April-June quarter, up 1.7% from the year-earlier period. The weak yen boosted the iconic automaker's profit despite sales in Japan having turned sluggish due to three models being sidelined following safety test irregularities in June.

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SHAUN TURTON - Nikkei staff writer - Albemarle cuts back lithium processing in Australia amid price slump - asia.nikkei.com - Australia - state North Carolina

Albemarle cuts back lithium processing in Australia amid price slump

SYDNEY -- U.S. lithium giant Albemarle will scale back operations at its lithium processing plant in Australia and halt expansion of the facility due to the prolonged downturn in prices for the metal.

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Toyota first-quarter profit jumps 17% on weak yen, matches expectations - cnbc.com - Japan - China

Toyota first-quarter profit jumps 17% on weak yen, matches expectations

Toyota Motor said on Thursday it posted a 17% rise in first-quarter operating profit, as the Japanese automaker got a boost from cost reduction efforts and a weak yen that helped offset lower sales and production volume at home.

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Ryan Browne - World’s first major AI law enters into force — here's what it means for U.S. tech giants - cnbc.com - Usa - Eu - city Brussels

World’s first major AI law enters into force — here's what it means for U.S. tech giants

The European Union's landmark artificial intelligence law officially enters into force Thursday — and it means tough changes for American technology giants.

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Jonathan Vanian - Meta shares pop on revenue and earnings beat, better-than-expected forecast - cnbc.com - state Texas

Meta shares pop on revenue and earnings beat, better-than-expected forecast

Meta shares jumped about 7% in extended trading on Wednesday after the company beat Wall Street estimates for revenue and profit and issued a better-than-expected forecast for the current period.

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Evelyn Cheng - Dara Khosrowshahi - Uber to start using BYD cars in Europe, Latin America and develop 'autonomous-capable vehicles' - cnbc.com - New Zealand - Canada - China - Eu - Australia - city Beijing

Uber to start using BYD cars in Europe, Latin America and develop 'autonomous-capable vehicles'

BEIJING — Uber and BYD announced Wednesday that drivers on the ride-hailing platform can get pricing and financing deals for the Chinese company's electric cars, starting in Europe and Latin America.

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Anwar Ibrahim - Bloomberg - Malaysia’s largest state, Sarawak, reclaims gas assets in autonomy bid - scmp.com - Malaysia

Malaysia’s largest state, Sarawak, reclaims gas assets in autonomy bid

Malaysia’s biggest state, Sarawak, is set to take control of its natural gas assets from federal government-run companies, as its campaign for economic autonomy bears fruit in the Southeast Asian country’s fragile political landscape.

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