Latest news with #Ives'
CNN
5 days ago
- Business
- CNN
Wall street investors react to Trump-Powell squabble
'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Automated CNN Shorts 10 videos 'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Taiwanese TV drama shows what a Chinese invasion could look like Taiwan is gearing up for another election – this time to unseat 'pro-China' lawmakers. The vote could break the political gridlock the island is in, with disagreements turning into brawls in the parliament, hampering Taiwan President Lai Ching-te's ability to push forward his agenda that addresses key US concerns over Taiwan. The vote comes after the premier of Zero Day, a TV series which dramatizes what it could look like if China were to attack Taiwan, told from a Taiwanese perspective, and Taiwan's biggest military drill and civil defense exercise. CNN's Will Ripley breaks all of it down. 02:15 - Source: CNN American woman who funneled $17M to North Korea sentenced to jail An American woman was sentenced to 8.5 years in prison for helping North Korean operatives infiltrate American companies. Christina Chapman previously pled guilty to conspiracy to commit wire fraud, aggravated identity theft and conspiracy to launder monetary instruments. This is the latest in a series of charges and indictments related to the North Korean IT worker scheme in which North Korean operatives seek IT jobs at American companies to generate revenue for the regime and its nuclear program. 01:15 - Source: CNN Video shows Thai drones dropping bombs at Thailand-Cambodia border Thailand releases video of drones bombing military targets in Cambodia, as the border conflict between the nations stretches into another day. 00:37 - Source: CNN Macron says France will recognize a Palestinian state French President Emmanuel Macron said France will recognize a Palestinian state in an announcement to the United Nations General Assembly in September. Israeli Prime Minister Benjamin Netanyahu has condemned the decision saying it 'rewards terror and risks creating another Iranian proxy, just as Gaza became.' 00:48 - Source: CNN How Hulk Hogan's historic lawsuit changed the face of media CNN's Chief Media Analyst Brian Stelter breaks down how a lawsuit brought by Hulk Hogan against the blog Gawker forever changed the media industry. The case, which was filed after Gawker published Hogan's sex tape, set the stage for a slew of A-list celebrities filing blockbuster lawsuits against media companies. 02:04 - Source: CNN Before and after photos show Trump's redesign of Rose Garden Before and after photos show the dramatic changes the Trump administration is making to the White House Rose Garden, including paving over the lawn. The garden has undergone several renovations since its creation by First Lady Ellen Wilson in 1913. 00:59 - Source: CNN Scientist unexpectedly finds shark devouring another shark Wildlife biologist Forrest Galante came across a rare instance of female spotted wobbegong devouring a young male shark in New South Wales, Australia. Discovery and CNN share a corporate parent, Warner Bros. Discovery. Catch Shark Week on Discovery all week long. 01:22 - Source: CNN All five acquitted in Hockey Canada sexual assault trial Within minutes of starting to read her verdict, the words of Justice Maria Carroccia resonated across Canada as she bluntly assessed that, 'I do not find the evidence of E.M. to be either credible or reliable.' Five professional hockey players -- Michael McLeod, Cal Foote, Carter Hart, Dillon Dube and Alex Formenton -- were all acquitted on Thursday, according to the Associated Press, on charges of sexual assault in connection with a June 2018 incident at a hotel room in London, Ontario, when they were members of the country's World Juniors hockey team. 01:19 - Source: CNN Palestinian Authority Prime Minister slams Israel for hunger crisis In an exclusive interview with CNN's Christiane Amanpour, Palestinian Authority Prime Minister Mohammad Mustafa reacts to Israeli government spokesperson David Mencer's assertion that 'there is no famine caused by Israel.' The government has denied responsibility and accuses Hamas of 'engineering' food shortages. 01:21 - Source: CNN
CNN
5 days ago
- Entertainment
- CNN
Wall street investors react to Trump-Powell squabble
'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Automated CNN Shorts 11 videos 'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Macron says France will recognize a Palestinian state French President Emmanuel Macron said France will recognize a Palestinian state in an announcement to the United Nations General Assembly in September. Israeli Prime Minister Benjamin Netanyahu has condemned the decision saying it 'rewards terror and risks creating another Iranian proxy, just as Gaza became.' 00:48 - Source: CNN How Hulk Hogan's historic lawsuit changed the face of media CNN's Chief Media Analyst Brian Stelter breaks down how a lawsuit brought by Hulk Hogan against the blog Gawker forever changed the media industry. The case, which was filed after Gawker published Hogan's sex tape, set the stage for a slew of A-list celebrities filing blockbuster lawsuits against media companies. 02:04 - Source: CNN Before and after photos show Trump's redesign of Rose Garden Before and after photos show the dramatic changes the Trump administration is making to the White House Rose Garden, including paving over the lawn. The garden has undergone several renovations since its creation by First Lady Ellen Wilson in 1913. 00:59 - Source: CNN Scientist unexpectedly finds shark devouring another shark Wildlife biologist Forrest Galante came across a rare instance of female spotted wobbegong devouring a young male shark in New South Wales, Australia. Discovery and CNN share a corporate parent, Warner Bros. Discovery. Catch Shark Week on Discovery all week long. 01:22 - Source: CNN All five acquitted in Hockey Canada sexual assault trial Within minutes of starting to read her verdict, the words of Justice Maria Carroccia resonated across Canada as she bluntly assessed that, 'I do not find the evidence of E.M. to be either credible or reliable.' Five professional hockey players -- Michael McLeod, Cal Foote, Carter Hart, Dillon Dube and Alex Formenton -- were all acquitted on Thursday, according to the Associated Press, on charges of sexual assault in connection with a June 2018 incident at a hotel room in London, Ontario, when they were members of the country's World Juniors hockey team. 01:19 - Source: CNN Palestinian Authority Prime Minister slams Israel for hunger crisis In an exclusive interview with CNN's Christiane Amanpour, Palestinian Authority Prime Minister Mohammad Mustafa reacts to Israeli government spokesperson David Mencer's assertion that 'there is no famine caused by Israel.' The government has denied responsibility and accuses Hamas of 'engineering' food shortages. 01:21 - Source: CNN Controversy over the Fed's renovation, explained The White House has seized on the Federal Reserve's $2.5 billion construction project as a potential legal opening to oust Fed Chair Jerome Powell. The renovation has become a new line of attack from President Trump, who has railed against Powell for not lowering interest rates enough. 02:18 - Source: CNN Trump and Powell clash over renovation costs at Federal Reserve President Donald Trump had an awkward exchange with Fed Chair Jerome Powell over the price of the Federal Reserve's $2.5 billion renovation. 00:49 - Source: CNN Detainees released from mega-prison CECOT An estimated 252 Venezuelans who had been imprisoned at the CECOT prison in March were released and returned to their home country in exchange for 10 US nationals and dozens of Venezuelan political prisoners, US officials said. Detainees celebrated their arrival home but also spoke about the conditions they faced - causing the Venezuelan government to open a formal investigation into several Salvadoran officials, including President Nayib Bukele, over the alleged abuse of Venezuelan migrants deported from the US. 01:42 - Source: CNN Anne Burrell's death ruled a suicide Anne Burrell, who was best known as one of the Food Network's most popular stars, has died. Her death has been ruled a suicide. Burrell appeared on 'Worst Cooks in America,' 'Iron Chef America,' 'Chef Wanted with Anne Burrell' and 'The Best Thing I Ever Ate,' among many others. 00:24 - Source: CNN
CNN
5 days ago
- Entertainment
- CNN
Wall street investors react to Trump-Powell squabble
'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Automated CNN Shorts 11 videos 'This is a soap opera': 'Einstein' & 'Ives' react to Trump-Powell squabble CNN's Erin Burnett talks with Dan Ives and Peter Tuchman about the awkward moment between President Donald Trump and Federal Reserve Chair Jerome Powell during their tour of the Fed's $2.5 billion renovation project. 02:12 - Source: CNN Macron says France will recognize a Palestinian state French President Emmanuel Macron said France will recognize a Palestinian state in an announcement to the United Nations General Assembly in September. Israeli Prime Minister Benjamin Netanyahu has condemned the decision saying it 'rewards terror and risks creating another Iranian proxy, just as Gaza became.' 00:48 - Source: CNN How Hulk Hogan's historic lawsuit changed the face of media CNN's Chief Media Analyst Brian Stelter breaks down how a lawsuit brought by Hulk Hogan against the blog Gawker forever changed the media industry. The case, which was filed after Gawker published Hogan's sex tape, set the stage for a slew of A-list celebrities filing blockbuster lawsuits against media companies. 02:04 - Source: CNN Before and after photos show Trump's redesign of Rose Garden Before and after photos show the dramatic changes the Trump administration is making to the White House Rose Garden, including paving over the lawn. The garden has undergone several renovations since its creation by First Lady Ellen Wilson in 1913. 00:59 - Source: CNN Scientist unexpectedly finds shark devouring another shark Wildlife biologist Forrest Galante came across a rare instance of female spotted wobbegong devouring a young male shark in New South Wales, Australia. Discovery and CNN share a corporate parent, Warner Bros. Discovery. Catch Shark Week on Discovery all week long. 01:22 - Source: CNN All five acquitted in Hockey Canada sexual assault trial Within minutes of starting to read her verdict, the words of Justice Maria Carroccia resonated across Canada as she bluntly assessed that, 'I do not find the evidence of E.M. to be either credible or reliable.' Five professional hockey players -- Michael McLeod, Cal Foote, Carter Hart, Dillon Dube and Alex Formenton -- were all acquitted on Thursday, according to the Associated Press, on charges of sexual assault in connection with a June 2018 incident at a hotel room in London, Ontario, when they were members of the country's World Juniors hockey team. 01:19 - Source: CNN Palestinian Authority Prime Minister slams Israel for hunger crisis In an exclusive interview with CNN's Christiane Amanpour, Palestinian Authority Prime Minister Mohammad Mustafa reacts to Israeli government spokesperson David Mencer's assertion that 'there is no famine caused by Israel.' The government has denied responsibility and accuses Hamas of 'engineering' food shortages. 01:21 - Source: CNN Controversy over the Fed's renovation, explained The White House has seized on the Federal Reserve's $2.5 billion construction project as a potential legal opening to oust Fed Chair Jerome Powell. The renovation has become a new line of attack from President Trump, who has railed against Powell for not lowering interest rates enough. 02:18 - Source: CNN Trump and Powell clash over renovation costs at Federal Reserve President Donald Trump had an awkward exchange with Fed Chair Jerome Powell over the price of the Federal Reserve's $2.5 billion renovation. 00:49 - Source: CNN Detainees released from mega-prison CECOT An estimated 252 Venezuelans who had been imprisoned at the CECOT prison in March were released and returned to their home country in exchange for 10 US nationals and dozens of Venezuelan political prisoners, US officials said. Detainees celebrated their arrival home but also spoke about the conditions they faced - causing the Venezuelan government to open a formal investigation into several Salvadoran officials, including President Nayib Bukele, over the alleged abuse of Venezuelan migrants deported from the US. 01:42 - Source: CNN Anne Burrell's death ruled a suicide Anne Burrell, who was best known as one of the Food Network's most popular stars, has died. Her death has been ruled a suicide. Burrell appeared on 'Worst Cooks in America,' 'Iron Chef America,' 'Chef Wanted with Anne Burrell' and 'The Best Thing I Ever Ate,' among many others. 00:24 - Source: CNN
Yahoo
20-05-2025
- Business
- Yahoo
Exclusive-China's CMOC calls on Congo to lift cobalt export ban, sources say
By Felix Njini and Pratima Desai JOHANNESBURG/ LONDON (Reuters) - China's CMOC Group, the world's top cobalt mining company, called on Democratic Republic of Congo last week to lift a ban on exports of the battery metal, which is currently due to expire next month, three sources told Reuters. Congo, the world's leading cobalt producing country, imposed the four-month ban in February in an attempt to curb surpluses as cobalt prices touched nine-year lows around $10 a lb, or $22,000 a metric ton. CMOC's Vice President Kenny Ives told delegates at a closed-door session during an industry meeting in Singapore that Congo should lift the export curbs on the metal, an important ingredient in electric vehicle batteries, the sources said. Congo's Mines Minister Kizito Pakabomba was attending the session, said the sources, who heard Ives' remarks. Congo has kept the market guessing on its next steps when the ban ends on June 22. The government could extend the suspension and could also look at export quotas for the future, sources told Reuters in February. Ives said China's pipeline inventory was running out, and Congo needed to allow miners to freely export cobalt, said the sources, who asked to remain anonymous due to the sensitivity of the matter. Ives argued that Congo's restrictions on cobalt exports risked accelerating automakers' switch to lithium iron phosphate (LFP) batteries that do not need cobalt. Some Chinese EV makers, including BYD, have already adopted LFP batteries, which are also used for utility-scale energy storage projects. Two of the sources said Congolese officials present at the event construed Ives' reference to LFPs as a threat. One of the sources said the comments reinforced the officials' concerns that China is seeking to depress cobalt prices in order to build up strategic stockpiles. Congolese officials, including Pakabomba, did not respond to emailed requests for comment or phone calls. CMOC spokesperson Vincent Zhou declined to comment on Ives' remarks or questions regarding Congo's stockpiling fears but said that the company favours a "healthy market environment". Chinese electric vehicle battery maker CATL is among CMOC's largest shareholders, with a 30% stake in the miner, according to LSEG data. CMOC expects to produce between 100,000 and 120,000 metric tons of cobalt this year - within range of last year's 114,000 tons and roughly double the 56,000 tons produced in 2023 - as it ramps up activity at its Tenke Fungurume and Kisanfu copper and cobalt mines in Congo. GLENCORE BACKS EXPORT CURBS At the same session in Singapore, traders from Glencore, another leading cobalt miner, said the market required a stable price before the export ban is lifted and producer countries like Congo and Indonesia needed to manage oversupply, the three sources said. Glencore declined to comment. The Glencore traders in Singapore said the company would accept a quota system, if Congo's government chooses to implement one, the sources said. Chinese smelters have built up stockpiles that will last between two weeks and six months, Shirley Wang, general manager at Shanghai Metals Market, said at the Singapore conference. Congo is currently evaluating the impact of the ban and considering proposals from mining companies and others involved in the market, one of the sources said, adding that the downside of halted exports was a loss of tax revenues for the government. "The most likely scenario appears to be either an extension of the ban followed by the introduction of an export quota, or a direct transition to an export quota starting in late June," Benchmark Mineral Intelligence said in a recent release. "Both scenarios are likely to provide further support to pricing."
Reuters
20-05-2025
- Business
- Reuters
Exclusive: China's CMOC calls on Congo to lift cobalt export ban, sources say
JOHANNESBURG/ LONDON May 20 (Reuters) - China's CMOC Group ( opens new tab, the world's top cobalt mining company, called on Democratic Republic of Congo last week to lift a ban on exports of the battery metal, which is currently due to expire next month, three sources told Reuters. Congo, the world's leading cobalt producing country, imposed the four-month ban in February in an attempt to curb surpluses as cobalt prices touched nine-year lows around $10 a lb, or $22,000 a metric ton , . CMOC's Vice President Kenny Ives told delegates at a closed-door session during an industry meeting in Singapore that Congo should lift the export curbs on the metal, an important ingredient in electric vehicle batteries, the sources said. Congo's Mines Minister Kizito Pakabomba was attending the session, said the sources, who heard Ives' remarks. Congo has kept the market guessing on its next steps when the ban ends on June 22. The government could extend the suspension and could also look at export quotas for the future, sources told Reuters in February. Ives said China's pipeline inventory was running out, and Congo needed to allow miners to freely export cobalt, said the sources, who asked to remain anonymous due to the sensitivity of the matter. Ives argued that Congo's restrictions on cobalt exports risked accelerating automakers' switch to lithium iron phosphate (LFP) batteries that do not need cobalt. Some Chinese EV makers, including BYD, have already adopted LFP batteries, which are also used for utility-scale energy storage projects. Two of the sources said Congolese officials present at the event construed Ives' reference to LFPs as a threat. One of the sources said the comments reinforced the officials' concerns that China is seeking to depress cobalt prices in order to build up strategic stockpiles. Congolese officials, including Pakabomba, did not respond to emailed requests for comment or phone calls. CMOC spokesperson Vincent Zhou declined to comment on Ives' remarks or questions regarding Congo's stockpiling fears but said that the company favours a "healthy market environment". Chinese electric vehicle battery maker CATL ( opens new tab is among CMOC's largest shareholders, with a 30% stake in the miner, according to LSEG data. CMOC expects to produce between 100,000 and 120,000 metric tons of cobalt this year - within range of last year's 114,000 tons and roughly double the 56,000 tons produced in 2023 - as it ramps up activity at its Tenke Fungurume and Kisanfu copper and cobalt mines in Congo. At the same session in Singapore, traders from Glencore (GLEN.L), opens new tab, another leading cobalt miner, said the market required a stable price before the export ban is lifted and producer countries like Congo and Indonesia needed to manage oversupply, the three sources said. Glencore declined to comment. The Glencore traders in Singapore said the company would accept a quota system, if Congo's government chooses to implement one, the sources said. Chinese smelters have built up stockpiles that will last between two weeks and six months, Shirley Wang, general manager at Shanghai Metals Market, said at the Singapore conference. Congo is currently evaluating the impact of the ban and considering proposals from mining companies and others involved in the market, one of the sources said, adding that the downside of halted exports was a loss of tax revenues for the government. "The most likely scenario appears to be either an extension of the ban followed by the introduction of an export quota, or a direct transition to an export quota starting in late June," Benchmark Mineral Intelligence said in a recent release. "Both scenarios are likely to provide further support to pricing."
