The Surge in Copper Prices: Predictions and Market Reactions
The global copper market has been experiencing a significant surge in prices, driven by supply constraints and increasing demand. This trend has caught the attention of investors, industry analysts, and policymakers alike, as copper is needed in various sectors, particularly in the growing fields of renewable energy and electric vehicles. Here are some of the key factors behind the price surge, market reactions, and future predictions for copper prices.
Sep 25, 2024 05:38 AM EDT
Beyond Wealth: Giving Compass for Business Simplifies Philanthropy for Financial Advisors
Giving Compass for Business, one of these innovations is gaining popularity since it provides a fresh method for incorporating generosity into wealth management.
Belgian Billionaire Shukhrat Ibragimov Puts Private Jet on Market for $46m
Shukhrat Ibragimov, the chairman of mining giant Eurasian Resources Group (ERG), has put his Dassault Falcon 8X up for sale for $46 million.
IC Funded: Revolutionizing Prop Trading for Retail Traders
IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.
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Morgan Stanley in $225 million deal with U.S. regulator
National Credit Union Administration (NCUA) filed lawsuits against banking lenders includng Morgan Stanley for allegedly selling faulty mortgage-backed securities. Morgan Stanley without admiting its fault, has agreed to pay $225 million to seele the claims. The total value of such claims recovered by NCUA reached to $2.43 billion since 2011.
Dec 11, 2015 10:09 AM EST
Golden Globes Nominees: We Like to Netflix and Chill Too
The nominations have been announced for the 73rd Golden Globe Awards and the majority of the nominees are from the on-demand viewing channels instead of broadcast TV.
Dec 12, 2015 08:26 AM EST
Uber Launched Desktop App on Windows 10
Uber created a desktop app to enable users hail a ride from their desktop. Unfortunately, the app is unable to work on its own.
Dec 11, 2015 10:26 AM EST
Pew finds middle class no longer dominates in the U.S.
Middle-class once dominated the US, but now the percentage has decreased sharply. Pew research center finds that middle-class population in America has declined to nearly half, 49.9%, which has been decreased by 61% as compared to in 1971. According to analysts, the declining rate is bad for the economic and social stability of the nation.
Dec 11, 2015 06:34 AM EST
E. Coli Outbreak and The Biggest Food Recall in 2015
Several cases of food E. coli outbreak have become headline this year. E.coli may have been the major cause of food recall in 2015 along with listeria bacteria and defect.
Dec 11, 2015 04:35 AM EST
The AnnaBis: The Purse that Hides the Smell of Your Weed Stash
Two women in New Jersey have created the AnnaBis accessory line. The purses and clutches all have liners that mask the smell of weed.
Dec 15, 2015 05:11 AM EST
Buffet buys 8% in Sears' REIT Seritage Growth
Warren Buffett has acquired 8% stake in Seritage Growth Properties, amounting to $70.5 million. Berkshire Hathaway is also buying a real estate firm, Allie Beth Allman & Associates. The latest acquisitions by Buffett will add financial strength to Sears Holdings.
Dec 11, 2015 04:10 AM EST
Ford to invest $4.5 billion on electric cars by 2020
Ford said it is investing $4.5 billion in electric vehicles by 2020. It will add 13 new electric cars to its lineup in the next five years.
Dec 11, 2015 03:35 AM EST
Asian stocks ending week on weaker note as commodities remain sluggish
Asian stocks set for weaker weekly closing on sluggish commodities prices. The continuous oil price drop and further weaker Yuan currency also weakened the investor confidence. The market players were in wait and watch mode ahead of US Fed meeting next week.
Dec 11, 2015 04:13 AM EST
TCS announced Rs 1,100 crore as interest free loans to flood-hit employees in Chennai
Recently, the flood marked as one of the history's worst disaster struck Chennai. In order to provide relief and rehabilitation facilities, IT giant of India, Tata Consultancy Services (TCS) has decided to provide them with interest-free funds of Rs 1,100 crore. It has followed the footsteps of US listed rival Cognizant.
Dec 11, 2015 02:53 AM EST
Now Drones Can Shoot in Night Vision with Thermal Camera
Drone maker DJI with FLIR, to develop a new drone camera that can shoot in complete darkness.
Dec 11, 2015 03:54 AM EST
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