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
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
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NY Times faces second Twitter indiscretion made by staff member
After a Twitter post that has been deemed by many as "profane" and "inappropriate", New York Times staffer Philip Richardson was reprimanded by the public, and most likely by superiors, for a social media post that sent an F-bomb to Republican presidential candidate Jeb Bush.
Oct 19, 2015 11:01 AM EDT
Tesla launched autopilot system for Model S and Model X SUVs
Tesla Motors unveiled the autopilot system on the new Model S sedans. The company will provide an upgrade of the system on vehicles manufactured after September 2014.
Oct 16, 2015 07:41 AM EDT
Oculus Story Studio Introduces a New Fuzzy Character for Oculus Rift
Oculus Story Studio has released a new virtual reality movie for the Oculus Rift featuring a charming quill-covered animated character, Henry the hedgehog.
Oct 16, 2015 02:14 AM EDT
Russia's military campaign in Syria propels oil prices
Russian president's military activity against Syria slightly raised the price of oil in the world market. According to some this is what he really wants and the bombing campaign in Syria is intended for the west-backed rebels seen as a threat to the Russian ally regime and Syrian President Bashar al- Assad.
Oct 16, 2015 05:58 AM EDT
President of Indonesia to Visit Silicon Valley’s tech giants on US trip
Indonesian president, Joko Widodo, known as Jokowi in his country, is scheduled to visit US's giant tech companies during his first trip in United States. The trip will be started on October 26 and it will be a five day trip full of bilateral business agenda.
Oct 19, 2015 02:06 AM EDT
50,000 Point Chase Hyatt Visa: Better than two free nights for public offer?
Hyatt allegedly offers targeted offers for the Hyatt Visa Signature Credit Card for 50,000 Gold Passport points. But many cardholders claim that the best deal of the hotel is the targeted offers compared to the public offers.
Oct 16, 2015 07:36 AM EDT
Stock market volatility forces Albertsons to delay IPO
Just a couple of hours after CNBC released Albertsons Companies' intent of rescheduling their IPO due to market volatility, the news website has now made another recent update detailing Albertsons' plans on conducting their IPO before Thanksgiving.
Oct 16, 2015 01:55 AM EDT
Brookfield's $6.5-bn Asciano bid in regulatory fiasco
The $6.5-bn acquisition offer to Asciano Ltd by Brookfield Infrastructure Partners is landed in trouble as the Australian regulator seeks an extensive review following the concern raised by the country's competition watchdog. It postponed its decision till 17 December.
Oct 16, 2015 01:26 AM EDT
Anheuser-Busch InBev's takeover of SABMiller to realign global beer industry
Anheuser-Busch InBev's plan to acquire SABMiller Plc is expected to change the business dynamics in the global beer industry. This titanic takeover is considered to be the largest one this year and fourth largest takeover in the corporate history. Anheuser-Busch InBev is acquiring SABMiller for $104.2 billion. The deal is awaiting regulatory approvals.
Oct 15, 2015 10:56 PM EDT
Square Files for IPO despite of $77.6 million loss
Square Inc. had filed for an IPO on Wednesday and the company is expected to be listed on NYSE soon. The company is currenlty valued at $6 billion by analysts.
Oct 16, 2015 01:21 AM EDT
AltaGas LNG export plans on hold over import tax dispute
AltaGas Ltd has put its investment plan of C$600 million ($464mn) on hold over an ongoing dispute over tax on imported equipment. AltaGas has drawn a plan to export liquified natural gas (LNG), but couldn't take it forward as it's involved over a tax dispute with government. AltaGas expects a positive decision from government next month.
Oct 15, 2015 10:33 PM EDT