Mercedes Formula One team boss Toto Wolff branded Red Bull rival Christian Horner a "bit of a windbag" on Saturday as a war of words over "bendy wings" showed no sign of abating at the Azerbaijan Grand Prix.
By Reuters Staff
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FILE PHOTO: Used cars for sale are on display at an open air automobile market in the far eastern city of Vladivostok September 15, 2014. REUTERS/Yuri Maltsev
MOSCOW (Reuters) -Sales of new cars in Russia totalled 147,378 vehicles in May, up 133.8% from the same month last year, when a strict coronavirus lockdown was in place, the Association of European Businesses (AEB) said on Friday.
“The same situation we will observe in June, but we will see a more realistic year-on-year monthly comparison from July on,” Thomas Staertzel, chairman of the AEB Automobile Manufacturers Committee, said in a statement.
Japan's benchmark index ended slightly lower on Tuesday as investors awaited two key U.S. economic reports, though declines were capped by hopes of a domestic economic normalisation on delayed-but-steady rollouts of COVID-19 vaccines.
General Motors Co said Wednesday it expects first half profits will be "significantly better" than previously forecast, in part because of success shifting scarce semiconductors to boost production of highly profitable trucks in North America.
LONDON, June 3 (Reuters) - Indonesia has emerged as the world’s dominant producer of nickel over the last 10 years.
Mined production last year was 771,000 tonnes, twice as much as the world’s second largest producer the Philippines and accounting for almost a third of global output, according to the International Nickel Study Group (INSG).
It is only going to grow further as investment, particularly from China, floods into Indonesia’s nickel sector.
National output could exceed a million tonnes this year and, according to Macquarie Commodity Strategy consultant Jim Lennon, will reach more than 2.5 million tonnes by the end of the decade, at which point it will have exceeded last year’s global production.