Town Hall News

By Nichola Groom (Reuters) – U.S. President Joe Biden’s plan to challenge China’s dominance in solar panel manufacturing hinges in large part on rules his administration will soon release defining what it means for a product to be American-made, according to industry officials. The Biden administration’s Inflation Reduction Act is offering billions of dollars in tax incentives for facilities using American equipment to accelerate decarbonization of the U.S. power sector […]

(Reuters) -Eli Lilly and Co will sell its low blood sugar drug Baqsimi to Amphastar Pharmaceuticals in a deal worth up to $1.08 billion, the two companies said on Monday. Amphastar will pay $500 million at closing and another $125 million in cash after one year under the deal. Eli Lilly is also eligible to receive milestone payments of up to $450 million based on sales of Baqsimi, the only […]

(Reuters) -Coca-Cola Co beat Wall Street estimates for quarterly revenue on Monday, as demand for its sodas remained resilient in the face of multiple price increases. A near domination of the global carbonated drinks market along with rival PepsiCo has helped Coca-Cola to raise prices with little or no pushback from consumers. Consumer goods companies have raised prices to pass on steep commodity and raw material costs that stemmed from […]

By Hereward Holland NAIROBI (Reuters) -Kenyan police have recovered 58 bodies, mostly from mass graves in a forest in eastern Kenya, thought to be followers of a Christian cult who believed they would go to heaven if they starved themselves, the country’s police chief said on Monday. The death toll, which has repeatedly risen as exhumations have been carried out, could rise further. The Kenyan Red Cross said 112 people […]

(Reuters) – Coca-Cola Co beat Wall Street estimates for quarterly revenue on Monday, as demand for its sodas remained resilient in the face of multiple price increases. The company said net revenue rose to $11 billion from $10.49 billion in the first quarter, compared with analysts’ average estimate of $10.80 billion, according to Refinitiv data. (Reporting by Ananya Mariam Rajesh in Bengaluru;Editing by Sriraj Kalluvila) Brought to you by www.srnnews.com

By Ernest Scheyder SANTIAGO (Reuters) -Chilean President Gabriel Boric’s plan to nationalize his country’s immense lithium industry is putting the spotlight on an emerging crop of filtration technologies aimed at revolutionizing how the metal is produced for the electric vehicle industry. In a national prime time address, Boric said last Thursday a new state-owned company would work to slash the environmental impacts of lithium production by shifting away from evaporation […]

By Ernest Scheyder SANTIAGO (Reuters) -Chilean President Gabriel Boric’s plan to nationalize his country’s immense lithium industry is putting the spotlight on an emerging crop of filtration technologies aimed at revolutionizing how the metal is produced for the electric vehicle industry. In a national prime time address, Boric said last Thursday a new state-owned company would work to slash the environmental impacts of lithium production by shifting away from evaporation […]

By Ernest Scheyder SANTIAGO (Reuters) -Chilean President Gabriel Boric’s plan to nationalize his country’s immense lithium industry is putting the spotlight on an emerging crop of filtration technologies aimed at revolutionizing how the metal is produced for the electric vehicle industry. In a national prime time address, Boric said last Thursday a new state-owned company would work to slash the environmental impacts of lithium production by shifting away from evaporation […]

By Ernest Scheyder SANTIAGO (Reuters) – Chilean President Gabriel Boric’s plan to nationalize his country’s immense lithium industry is putting the spotlight on an emerging crop of filtration technologies aimed at revolutionizing how the metal is produced for the electric vehicle industry. In a national prime time address, Boric said last Thursday a new state-owned company would work to slash the environmental impacts of lithium production by shifting away from […]