Reuters USA

Australia could reap $11.3 billion from battery sector by 2030 – Accenture

MELBOURNE (Reuters) – Australia’s revenue potential from developing a battery industry has doubled to A$16.9 billion ($11.28 billion) by 2030 in less than two years, highlighting the speed of the sector’s expansion and the need to act quickly, an Accenture report showed on Wednesday. Australia’s battery industry is poised to become a global leader given …

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Video shows Virginia deputies restraining Black man who died at mental hospital

By Brendan O’Brien and Brad Brooks (Reuters) -Virginia sheriff deputies and medical staffers wrestled with a handcuffed Irvo Otieno, a 28-year-old Black man, for several minutes at a state mental hospital before he died, video surveillance shows. The altercation took place on March 6 as Otieno was being admitted to Central State Hospital in Petersburg, …

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Australia regulator seeks risk reports from banks on startups, crypto -report

SYDNEY (Reuters) – Australia’s prudential regulator has started asking the country’s banks to declare their exposure to startups and crypto-focused ventures following the collapse of Silicon Valley Bank, according to the Australian Financial Review (AFR). The Australian Prudential Regulation Authority (APRA) had told banks to provide daily updates on their crypto assets as it sought …

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U.S. Forest Service to approve land swap for Rio Tinto’s Arizona mine

By Ernest Scheyder (Reuters) -The U.S. Forest Service plans to re-publish an environmental report before July that will set in motion a land swap between the U.S. government and Rio Tinto, allowing the mining giant to develop the controversial Resolution Copper project in Arizona. The move would be the latest blow to Native Americans who …

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