Bloomberg Glencore Plc increased cobalt production by almost a third after restarting output at its Katanga unit in the Democratic Republic of Congo. The Swiss commodity giant is seeking to double its production of cobalt in the next two years, tightening its grip on the market for the key battery material in electric vehicles. First-half cobalt output jumped 31 percent ...

Bloomberg US consumer confidence increased modestly in July as Americans grew more upbeat about the economy and labor market, figures from the New York-based Conference Board showed. US confidence index rose to 127.4 (est. 126) from 127.1 in June (prev. 126.4). Present conditions measure increased to a 17-year high of 165.9 from a revised 161.7. A currently healthy labour market ...

Bloomberg Thomas Cook Group Plc said unusually hot weather is making its north European customers far less enthusiastic about booking last-minute beach holidays, weighing on the tour operator’s earnings. Summer bookings for the UK company’s package breaks were unchanged from last year through July 21, compared to a 3 percent gain through May, according to a statement on Tuesday, indicating ...