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Foreign media report GM will sell its 50% stake in a planned Indiana EV battery joint venture to partner Samsung SDI. Samsung SDI will acquire the 680-acre site, take control of the JV and own the planned battery plant in New Carlisle, Indiana. GM's

2026-08-11

Foreign media report GM will sell its 50% stake in a planned Indiana EV battery joint venture to partner Samsung SDI. Samsung SDI will acquire the 680-acre site, take control of the JV and own the planned battery plant in New Carlisle, Indiana. GM's exit from battery manufacturing is its latest strategic shift after EV demand fell short of expectations. People familiar say it is unclear how Samsung SDI will operate or dispose of the plant.

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2026-08-11

Spot silver extended its gains to 3.00% on the day, currently trading at $65.44 per ounce.

Spot silver extended its gains to 3.00% on the day, currently trading at $65.44 per ounce.
2026-08-11

The Reserve Bank of Australia's forecasts are based on technical assumptions that the cash rate will be 4.4% in the fourth quarter of 2026, 4.5% in the fourth quarter of 2027, and 4.4% in the fourth quarter of 2028.

The Reserve Bank of Australia's forecasts are based on technical assumptions that the cash rate will be 4.4% in the fourth quarter of 2026, 4.5% in the fourth quarter of 2027, and 4.4% in the fourth quarter of 2028.
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