PRESS DIGEST -Wall Street Journal - March 10

Reuters
03/10
PRESS DIGEST -Wall Street Journal - March 10

March 10 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Rio Tinto RIO.AX said it is in negotiations with Mongolia over the giant Oyu Tolgoi copper mine, one of the world's biggest deposits of the metal needed to build electric vehicles and data centers.

- Shell SHEL.L agreed to sell Jiffy Lube to Monomoy Capital Partners in a $1.3 billion deal. The sale includes the Jiffy Lube brand, franchisee Premium Velocity Auto and a network of stores owned and operated by independent franchisees, Shell said.

- Eric Trump and Donald Trump Jr., are backing a new drone company Powerus that is vying to meet fresh demand from the Pentagon and fill a hole left by the administration’s ban on new Chinese drones in the U.S.

- Sturm Ruger RGR.N said Beretta is seeking to gain control of the company through discounted share purchases and outsize governance rights.

- Anthropic filed a lawsuit Monday against the Trump administration for designating the artificial-intelligence company a security threat and trying to cancel its federal contracts, bringing the battle between the two sides to the court system.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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