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(Bloomberg) -- Sibanye Stillwater Ltd. expects to report a loss for last year after slumping platinum-group metals prices and operational problems across its businesses forced it to take impairments of 47.5 billion rand ($2.5 billion)Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearBill Ackman Rockets Up Best-Paid Hedge Fund

The United States is preparing to mount a sustained bombing campaign against targets in Houthi-controlled western Yemen that will last until the attacks on international shipping in the Red Sea are deterred or Houthi missile stocks are exhausted.

President Joe Biden has a major Middle East problem, and it doesn't appear that it will subside any time soon.

SECNAV aims to help programs of record adjust to changing fleet requirements, and to go outside the acquisition process to solve the most urgent needs.

Chile's Codelco, the world's largest copper producer, will meet its financial obligations despite headwinds from a series of operational problems and from high levels of debt and investments, JPMorgan said on Tuesday. Codelco's copper production fell in 2022 to its lowest level in 25 years, exacerbated in part by delays to key projects for extending the lives of its mines. "We believe Codelco will be able to meet all of its financial obligations despite the elevated capex budget and operational issues it has faced that has led to reduced production and increased unit cost...