Poland's nationalist Law and
Justice (PiS) party announced its governing cabinet lineup on
Friday after winning a parliamentary election last month,
setting out plans to consolidate control over state-owned
utilities and financial companies.
Albemarle Corp's lithium business
- the world's largest producer of the battery metal - is
overvalued and likely to be hampered by oversupply concerns for
the foreseeable future, JPMorgan analysts said on
Friday, pushing the company's stock down more than 5%.
Morocco’s Attijariwafa Bank said on
Friday it had agreed with State-owned Export-Import Bank of
China (ExIm) to set up a 5 billion dollar fund to promote
African exports to China and industrial zones on the continent.
Activist investor Carl Icahn, who
has been waging a bitter battle against Occidental Petroleum
Corp's board over its $38 billion acquisition of
Anadarko Petroleum, cut his holdings in the oil and gas producer
by nearly a third, according to an open letter to shareholders
released on Friday.
Poland's prime minister Mateusz
Morawiecki said on Friday the government would launch a treasury
ministry to oversee state assets, as it plans to consolidate
control over state-owned utilities and financial companies.