Saturday, April 11

Business

Atlas Lithium Reports Strong Financial Position and Advancement Towards Project Implementation
Business

Atlas Lithium Reports Strong Financial Position and Advancement Towards Project Implementation

Boca Raton, Florida--(Newsfile Corp. - November 14, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium development company advancing Brazil's premier hard-rock lithium project, yesterday filed its quarterly financial statements with the Securities and Exchange Commission ("SEC"), demonstrating robust financial strength and significant momentum in procurement activities for its flagship Neves Project. Strong Financial Foundation Supports Project Advancement The Company's presented financial results underscore a solid financial position. In particular, the Company demonstrated a robust liquidity profile with cash and cash equivalents of $20.98 million as of September 30, 2025, representing 89% of its current assets of $23.55 million....
Four ways to break the global green finance dam at COP30
Business

Four ways to break the global green finance dam at COP30

An attempted COP30 summit invasion by indigenous protesters wasn't the only effort to move the dial toward the Global South in Belém this week. The G77 countries and China finally signalled their support for a proposed Belém Action Mechanism (BAM) to platform the planning, funding, and monitoring of just transitions.The world stands at the threshold of a bright green future at the UN climate summit in Belem, but it will never get there while the mineral-rich developing countries that fuel it remain in poverty and darkness.  Outdated multilateral rules on trade, technology, and finance continue to constrain the Global South economies that supply the cobalt, lithium, nickel, and rare earths powering electric vehicles (EVs) and wind turbines today. The result is a system that disproportionate...
3 reasons to expect a ‘modest’ uptick in the 2026 economy
Business

3 reasons to expect a ‘modest’ uptick in the 2026 economy

00:00 Speaker A Your outlook for the economy next year. What do you what do you see, Keith? 00:02 Keith Well, a a punch line is a is an uptick and it's a modest uptick. Um as you just discussed is it is a two-speed economy. It's a two-speed stock market as well. But the way we're thinking about things and why we expect at least a modest uptick is based on three things. One, we do expect the Fed to cut rates modestly over the next year, so that should be a positive. We have this tax bill that was passed. We should see some incentives and some positives in the first quarter as far as for the consumer and also businesses. And then hopefully, we'll also have a little bit more clarity on tariffs. So you put that all together, that suggests to us a modest uptick, maybe a littl...
Top asset manager DWS warns of global risks if US restricts dollar access
Business

Top asset manager DWS warns of global risks if US restricts dollar access

LONDON, Nov 14 (Reuters) - Executives at DWS (DWSG.DE), opens new tab, one of Europe's largest money managers, are thinking through the potential impacts in the unlikely event that the U.S. Federal Reserve limits access to dollar funding, the firm's CEO told Reuters.Any move to cross that "red line" would have a big impact particularly on emerging markets that are more reliant on dollar funding, Stefan Hoops said in an interview, adding that he believed any such action was highly unlikely. Sign up here."We are thinking what (restrictions to dollar funding) would mean. That would have a profound impact on smaller countries, it would have a profound impact on emerging markets," he said.Hoops was speaking before Reuters reported on Thursday that European financial officials are debating whet...
Dow, S&P 500, Nasdaq futures tumble after bruising sell-off as rate-cut doubts creep in
Business

Dow, S&P 500, Nasdaq futures tumble after bruising sell-off as rate-cut doubts creep in

US stock futures fell sharply on Friday, set to add to Wall Street's steepest sell-off in over a month as ebbing faith in a December interest-rate cut puts pressure on riskier assets like Big Techs. Dow Jones Industrial Average futures (YM=F) slid roughly 0.6%, while those on the S&P 500 (ES=F) dropped 0.8%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) tumbled 1.2% Another sea of red awaits stocks after Thursday's bruising session, which saw the major indexes log their steepest one-day declines in over a month. Tech is again in the forefront, as AI concerns drive an exodus to less hotly valued sectors. Tesla (TSLA) shares fell 4% in premarket to break below $400, on the heels of its worst day since July. Nvidia (NVDA), which also tanked, moved 3% lower. The mood is gloom...
CFOs say AI is transforming finance—but only when strategy leads the way
Business

CFOs say AI is transforming finance—but only when strategy leads the way

Good morning. On Thursday, during the Fortune Emerging CFO virtual event in partnership with Workday, leaders discussed how AI is reshaping finance and the evolving responsibilities of CFOs. James Glover, principal and finance transformation AI leader at Deloitte, emphasized that AI must align with a company’s core strategy. CFOs should first define their objective—efficiency, control, effectiveness, or engagement—then target the finance areas that best support that goal. Companies deploying AI one use case at a time, without a broader plan, are struggling to capture meaningful enterprise value, Glover said. CFOs are also assessing agentic AI platforms to drive efficiency. “But you actually have to train your people to use it, otherwise they’re going to sort of treat it like a Google...
Weekly Recap: 12 Finance Press Releases You Need to See
Business

Weekly Recap: 12 Finance Press Releases You Need to See

Weekly Recap: 12 Finance Press Releases You Need to See Weekly Recap: 12 Finance Press Releases You Need to See PR Newswire NEW YORK, Nov. 14, 2025 A roundup of the most newsworthy financial press releases from PR Newswire this week, including Venmo's new rewards program, BlackRock's investment in Avalara and the hottest home trends of the year. NEW YORK, Nov. 14, 2025 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week's most n...
SouthGobi Announces Third Quarter 2025 Unaudited Financial and Operating Results
Business

SouthGobi Announces Third Quarter 2025 Unaudited Financial and Operating Results

Notice from Mongolian Government Plenipotentiary and designation of Company's mining deposits as mineral deposits of strategic importance -On April 2, 2025, Southgobi Sands LLC ("SGS") received a letter from a plenipotentiary representative of the Mongolian government (the "Letter") which invited SGS to participate in negotiations in relation to determining the Mongolian state's ownership interest in SGS, being the legal entity which holds the Company's coal mining and exploration licenses in Mongolia. The Letter states that, in furtherance of Mongolia's National Wealth Fund Law which was passed in April 2024, the Mongolian government resolved on February 5, 2025 to appoint a plenipotentiary representative (the "Plenipotentiary Representative of the Mongolian Government") to negotiate with...