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
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Belgian Billionaire Shukhrat Ibragimov Puts Private Jet on Market for $46m
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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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The Site of 5 Deaths During Paris Attacks, French Cafe Reopens Its Doors
La Bonne Biere has reopened its doors after gunment attacked the cafe, killing 5 people on the terrace.
Dec 07, 2015 06:49 AM EST
Asian stock markets boosted after U.S. jobs report
Asian stock markets traded higher after the US jobs report suggested the likelihood of the Federal Reserve to rise interest rates in next week. Stock benchmark traded higher in Japan, China, South Korea, Singapore, Taiwan, Philippines, and Indonesia.
Dec 07, 2015 09:25 PM EST
A long-stretched financial winter looms over Hong Kong
Hong Kong's financial hub has slipped into pressure following the continuous economy slowdown in China and concerns about possible interest rate hike by US Federal Reserve. The GDP of Hong Kong's financial center is expected slip over two percent. The latest probe by Chinese authorities into financial markets is also creating tremors among hedge funds, fund managers, brokerage firms and banks.
Dec 07, 2015 09:24 PM EST
Volkswagen hold talks with investors in Qatar following emission scandal
Volkswagen's CEO, chairman, and top shareholders held talks in Qatar to discuss the company's emissions tests scandal and Volkswagen's new structure and future business focus. The Qatar investor was calling for changes in the Volkswagen management following the emissions scandal that has cost the shareholders billions.
Dec 07, 2015 02:10 AM EST
Chinese News Staff Suspended After Saying Xi "Resigned"
Four staff members of the China News Service are suspended for accidentally reporting that the speech President Xi Jinping held in Africa was his resignation.
Dec 07, 2015 06:42 AM EST
Five Years for a Second Chance: Japan's Akatsuki Probe Attempts Venus Again
Japan Aeropsace Exploration Agency's Akatsuki probe has a second attempt to enter orbit around Venus after failing the first time five years ago.
Dec 07, 2015 06:39 AM EST
Amazon logs into new delivery tool; deploys its own truck trailers
Amazon is adding thousands of trailers to its shipping fleet. The Amazon branded trailers are owned by the retailer while trucks would be provided by third-party truck companies. The new fleet of trailers will be used for shipment of inventory between warehouses of Amazon, but not for direct delivery to shoppers. Amazon hopes to strengthen its supply chain management fulfilling its two delivery options on the same day or within two days.
Dec 07, 2015 02:07 AM EST
Modi-led Indian government seeks corporatization of state firms
India’s Prime Minister Narendra Modi is in favor of corporatizing state-run firms. He calls for a combined effort of central government and states to ensure sustainable economic recovery. While criticizing the old concept of divesting or closing down of state-run firms, Modi aims at bringing efficiency in the public sector undertakings (PSUs).
Dec 07, 2015 02:04 AM EST
Mexico's Pemex enters the US market
Mexican petroleum major Pemex has opened its first overseas gasoline station in Houston. Pemex will set up five more gasoline stations in the US as part of its expansion plan. The Mexican energy giant is suffering from oil price drop in addition to lower production level. The Mexcian government has opened up its energy sector by allowing foreign companies to set up gasoline stations in Mexico.
Dec 07, 2015 01:59 AM EST
UK pays least for cancer drugs than other EU countries
The U.K. pays least to cancer drug manufacturers, reported The Lancet Oncology. However, transparency in discounts and price negotiations is needed to reveal which country is overpaying.
Dec 06, 2015 09:37 PM EST
Chipotle tightens food safety after E. Coli outbreak
Chipotle announced Friday that it will elevate its supplier standards to stricter guidelines as its E. coli outbreak cases increased to 52 in the United States.
Dec 06, 2015 04:58 AM EST
New Oxford Study Suggests Tech Companies Do Not Create Jobs for the Many
A recent study published has suggested that the future of jobs will be in the digital sector, but due to the structure of these tech companies, fewer people are needed.
Dec 07, 2015 06:34 AM EST