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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Apple TV Shows Promise, but It Still Doesn't Change the Way People Watch TV
The new Apple TV has a lot of promising features, including the Siri remote, but critics say it doesn’t really revolutionise the way people watch television.
Sep 11, 2015 06:19 AM EDT
Matahari Mall launches in Indonesia, with $500M funding from Lippo Group, Aims to be "Alibaba of Indonesia"
Matahari Mall officially launched Wednesday with ambitions to be the “Alibaba of Indonesia,” with $500 million funding from real estate giant Lippo Group.
Sep 11, 2015 06:11 AM EDT
U.S. stocks scored high as investros wait for Fed decision
The S&P 500 gained 0.5 percent on Thursday evening with Apple Inc. stock, boosting the index with an increase of 2.2 percent. However, investors are still cautious as policy makers are set to hold a meeting next week to decide regarding rate hike.
Sep 11, 2015 08:36 AM EDT
Czech Inflation Slows by 0.3 percent as Central Bankers Plans on Price Growth
The Czech inflation rate dropped to 0.3 percent in August, from July’s 0.5 percent, as reported by Czech Statistical Office Wednesday.
Sep 11, 2015 08:52 AM EDT
GE sells transport finance unit to BMO
The US-based global major General Electric has decided to sel the transportation finance unit of GE Capital to BMO Financial Group. GE has decided to focus on its core industrial segment, while disposing non-interest business divisions. It has set a target of $100bn for 2015 through asset sale.
Sep 11, 2015 08:28 AM EDT
Two Giant Debt Collectors Ordered to Refund a Collected $61million to Consumers
Two of the largest debt collection companies are ordered by the Consumer Financial Protection Bureau to refund a collected $61 million to customers for allegedly using deceptive strategies to collect debt.
Sep 11, 2015 05:50 AM EDT
Kmart brings back layaway program, launches No Money Down Leasing for holiday shoppers
There are two options to purchase from Kmart this holiday season: the No Money Down Layaway Program and the No Money Down Leasing Program. The options which started last week will run until the end of November.
Sep 11, 2015 06:50 AM EDT
Alpine Valley Bread will become a subsidiary of Flowers Foods Inc.
The organic bread maker, Alpine Valley Bread will soon become a subsidiary of Flowers Foods Inc. once the transaction becomes completed in Q4. Alpine was established in the late 1990's by the Woods family baking breads using all-natural ingredients.
Sep 11, 2015 09:14 AM EDT
Nintendo partnered with Niantic to develop the real-world mobile game, Pokémon Go
The much-loved cartoon monsters on TV, Pokémon, will have its mobile game version in 2016. Nintendo tied up with Niantic to launch the free-to-play game Pokémon Go. Players could catch pocket monsters around their vicinity through their smartphone's location.
Sep 11, 2015 06:22 AM EDT
Broadcast Music Inc. Earned Industry-Breaking $1B Revenue, $877 Million of Which Went to Affiliates
Broadcast Music Inc (BMI) announced Tuesday that it surpassed the $1 billion revenue mark, generating $1.013 billion over the fiscal year, which is the biggest in the industry.
Sep 11, 2015 03:32 AM EDT
Excellus BlueCross BlueShield health insurance has been hacked; 10 million members affected
Excellus BlueCross BlueShield health insurance confirmed on Wednesday that their IT systems has been hacked. The attack dates back to 2013. Around 10 million personal information are sneaked from their databases.
Sep 10, 2015 07:53 AM EDT
China Changes How to Report GDP to Meet IMF's Standards
In an effort to improve current economic situation, Chinese authority is adopting IMF standard to report their GDP to make sure any changes in the economic will be reflected in the data. The move is also part of China effort to obtain a reserve currency status for Yuan.
Sep 10, 2015 08:02 AM EDT