Tag: halve

Startup makes breakthrough that could halve the cost of EV batteries — and it could be sourced domestically

The next big battery breakthrough might not involve a 500-plus-mile range or a minutes-long charge time — the traditional measuring-stick metrics for the electric vehicle industry. Instead, California-based Coreshell’s silicon electrode coating could halve the cost of anodes while decreasing dependency on a Chinese-mastered graphite market, according to a report from TechCrunch. And if the […]

UPDATE 1-Glencore’s 2023 earnings halve on lower commodity prices

(Adds details) By Clara Denina and Pratima Desai LONDON, Feb 21 (Reuters) – Glencore said on Wednesday lower commodity prices had halved its earnings last year, and slashed its payout to investors, as the company saves to fund the acquisition of a 77% stake in Teck Resources’ metallurgical coal business. After two consecutive record years, […]

New York Community Bancorp stock value set to halve as slump extends

(Reuters) – Shares of New York Community Bancorp plummeted another 11% on Tuesday, stretching a sell-off since the lender reported a surprise quarterly loss last week that puts the stock on track to shed more than half of its value at the current levels. The sell-off since Wednesday has dragged down shares of peers on […]