Germany Chancellor plans lithium deal with Serbia after Rio ruling
Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry.
Strong demand for Caterpillar Inc.’s (NYSE:CAT) construction and mining equipment in North American continues to offset slow sales elsewhere in the world, as the company reported Wednesday an increase of 11% in global sales in the three months to the end of May.
It was the 24th straight three-month period of retail sales growth for the world’s biggest maker of heavy equipment, reports The Wall Strreet Journal, which contrasted with the gloomy results obtained by Caterpillar in Latin America, Europe, the Middle East and Africa.