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
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Iron ore below $40 in Singapore on surge in supply
The slowdown in China is pulling down the demand and putting more pressure on iron ore prices. The iron ore futures contracts in Singapore fell below $40 a ton for the first time. The market players are concerned over continuous supplies of iron ore. Many steel mills have decided to cut down production level from 2016 onwards.
Dec 01, 2015 10:23 PM EST
Vintage Electric comes out with its more efficient and powerful e-bike, the 2016 Tracker
Vintage Electric just released an update to their old E-Tracker e-bike, giving some poweful upgrades to the battery and motor as well as some updates to their 1990's style design.
Dec 02, 2015 08:37 AM EST
Alibaba's stock decline despite acquisition spree is due to its traditional business strategy, says Forbes
China’s Alibaba has been acquiring companies for the past two years, but it is a wonder why its stock prices are continuously declining. Experts blame its strategy and China’s economic slowdown.
Dec 02, 2015 04:55 AM EST
Swatch Group Teamed with Visa to develop watch capable of wireless payments in 2016
Swatch Group AG partnered up with Visa Inc to sell mobile payment watch called Swatch Bellamy that can make contactless payments in the United States, Brazil, and Switzerland early 2016.
Dec 01, 2015 08:12 PM EST
JPMorgan leaves bonus pool unchanged since 2014
The change in regulations is keeping a pressure on investment banks. Owing to weaker revenues, several investment banks are slashing down on bonus payout. JPMorgan Chase & Co is keeping its bonus pool unchanged from 2014. However, this decision is subject to the trading performance in December.
Dec 01, 2015 09:53 PM EST
U.S.Gas Price Hit The Lowest in Seven Years
Gas price all across U.S is reaching its lowest since 2008, with Michigan as the lowest in all states.
Dec 01, 2015 05:41 AM EST
Alberta regulator extends bid time for Canadian Oil Sands
Alberta Securities regulator has given one more month for Canadian Oil Sands to accept or reject the takeover offer from Suncor Energy. The Canadian Oil Sands' board is examining alternatives to continue as an independent company or look at rival offers.
Dec 01, 2015 09:44 PM EST
Google Recruited Tesla's Autopilot Manager
Robert Rose who lead the Tesla autopilot project has been hired by Google to work in Google Robotics.
Dec 01, 2015 05:32 AM EST
Ofcom warns: Christmas tree lights could ‘slow’ wifi speeds
Fairy lights on the Christmas tree might slow down wifi speed, says watchdog Ofcom. In Christmas tree lighting, the radio waves emitted by those serial fancy lights, weakens wifi signal boxes if kept near those lights or other high beams.
Dec 08, 2015 09:15 AM EST
Court orders Anadarko to pay $159.5M penalty for 2010 Deepwater Horizon oil spill
Petroleum company Anadarko was ordered to pay $159.5 million as part-owner of BP's Macondo Well that caused the biggest oil spill in the U.S. The oil spill caused an explosion that killed 11 people and a massive oil spill in Gulf of Mexico in 2010.
Dec 01, 2015 09:24 PM EST
Nokia's OZO is the Finnish Company's 8 Camera Step into the Virtual Reality Market
Nokia Technologies has announced that it will start selling its OZO virtual reality camera in Q1 2016.
Dec 02, 2015 08:42 AM EST
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