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Rio Tinto mulls bid for Arcadium Lithium

Rio Tinto has confirmed it is mulling a bid for Arcadium Lithium, a New York-listed producer of the metal essential for electric vehicle batteries and power storage. A successful deal would catapult the FTSE 100 miner into the ranks of…

China to cut mortgage rates for existing home loans

BEIJING, Sept. 24 (Xinhua) — China will lower mortgage rates on existing home loans to a level similar to those of newly issued housing loans, Pan Gongsheng, governor of the People’s Bank of China, said on Tuesday. The average reduction…

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