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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Royal Bank of Scotland is first bank to sign up employees to Facebook At Work
Facebook At Work will get 100,000 employees of Royal Bank of Scotland to sign up on the service. Facebook At Work offers a close environment social media that are limited to the company's employees with enhanced security.
Oct 26, 2015 04:59 AM EDT
Saudi Arabia may face cash crunch after 5 years
The Middle East (ME) region also may not sustain cheap oil prices for long. If oil price continues to hover at $50 per barrel, majority of Gulf nations will run out of cash in next five years, according to International Monetary Fund (IMF). There's no exception to Saudi Arabia, the leader of Organization of Petroleum Exporting Countries (Opec), Oman and Bahrain.
Oct 26, 2015 08:47 PM EDT
GNC Charged of Selling Products with Ampethamine-like Substances
GNC is being accused of vending supplements which contain illegal substances that could do more harm than good for the health. A lot of proof has been found that GNC officials knew of the illegal substance, BMPEA, that contains amphetamine-like substance but continued to sell it to consumers.
Oct 26, 2015 08:15 AM EDT
Mercedes Car Sales Create New Record in China
It is unexpected but yes, Mercedes-Benz cars made a new record in China that reached 53%. It got a handsome portion in the car market share especially that Volkswagen is faced with a lot of issues.
Oct 26, 2015 07:49 AM EDT
Royal Caribbean's Splendour of the Sea Experience Fire disruption while Sailing toward Argostoli, Greece
The Royal Caribbean's Splendour of the Sea suffers fire disruption last Thursday. The cruise line brand reported the incident on their social media, twitter. Consumer Advocate, Clark Howard was reported on board the said cruise ship and also reported the fire incident to his colleagues at the Atlanta local News 95.5 and AM 750 WSB.
Oct 26, 2015 06:53 AM EDT
Yum Brands spins off its China business
The US-based Yum Brands Inc has decided to make its China division a separate publicly-traded company. Yum Brands is the owner of popular brands KFC, Pizza Hut and Taco Bell. The sales of these brands have been slipping for the past three years. Yum Brands Inc is planning to regain the market share for the brands in the world's second largest economy. The new company will aim at repositioning the brands.
Oct 29, 2015 02:39 AM EDT
P&G sales dive to its lowest in 7 quarters, but profit beats expectations
P&G reported its biggest sales drop citing that the strengthening in the US currencies as the reason behind it. The company also cuts its revenue forecast for the next quarter as it is still uncertain on current economic status.
Oct 26, 2015 02:46 AM EDT
Booming Tourism in Thailand Shows Promising Industry Growth Amidst Political Turmoil and Domestic Unrest
Thailand remains as one of the few countries with flourishing tourism despite political and domestic unrest.
Oct 26, 2015 04:23 AM EDT
Toyota recalls different Scion models
Car manufacturers had been recalling their cars due to defects and not complying with the Clean Air Act. Toyota is one of the best-selling car manufacturers that need to pull out its vehicles from the market and recall those that had been sold already. These recalled vehicles will be fixed to function normally and for safety.
Oct 26, 2015 07:31 AM EDT
Microsoft Focus on Cloud Service Raise Its Third Quarter Revenue
A strategy shift from Microsoft to focus on cloud service has gained a positive result. With the raise of their third quarter revenue, Microsoft will continue to focus on integrating their cloud and mobile business strategy.
Oct 27, 2015 08:56 AM EDT
Chipotle has two years of bad sales growth
Non-GMO Chipotle suffers slow sales growth for two consecutive years and investors were not at all happy. It used to have an outstanding sales growth but for some reason, it has now been declining. The non-artificial food restaurant hired Curt Garner, Starbucks former chief information officer, to help reverse the situation.
Oct 26, 2015 07:43 AM EDT
Trinity to resume shipping guardrails amid safety concerns
The US guardrails maker Trinity said that the company would resume selling guardrail products after a year due to the lawsuit from Virginia's attorney general office.
Oct 26, 2015 02:23 AM EDT