JAKARTA, Feb 7 (Reuters) - Indonesia's trade ministry would support allowing PT Freeport Indonesia to continue exporting copper concentrate after a cost-and-benefit analysis, a deputy minister said on Friday. Resource-rich Indonesia has banned exports of copper concentrate, asking miners to process their output onshore and export higher value products instead, under a policy known as commodity downstreaming. The trade ministry...

03:41 AM EST, 02/07/2025 (MT Newswires) -- Escalade (ESCA) said late Thursday it appointed Armin Boehm chief executive, effective April 1. Boehm, who most recently served as chief commercial officer at Gibson, will succeed Walter Glazer Jr., who announced plans in August to retire as CEO. ...

03:52 AM EST, 02/07/2025 (MT Newswires) -- Sprinklr ( CXM ) plans to reduce its workforce by about 15% as part of a plan to realign employee costs and free up capital for incremental investments, it said in a Thursday regulatory filing. The company expects to incur non-recurring charges of roughly $25 million related to the job cuts, including severance...

DUBAI/HONG KONG (Reuters) - Online fast-fashion retailer Shein is set to cut its valuation in a potential London listing to around $50 billion, said three people with knowledge of the matter, nearly a quarter less than the company's 2023 fundraising value amid growing headwinds. The company's business prospects have come under a cloud in recent days after the Trump administration...