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.
Latest News
China manufacturing woes continue: PMI index slips below 50 pts
The slowdown in Chinese manufacturing sector continued in August pushing the PMI below 50 level, which indicates the deceleration in the industry. The drop in orders for new work and export demand is the major reason for dip in manufacturing industry's output.
Sep 01, 2015 10:16 PM EDT
Google's OnHub promises better Wi-Fi
At this point, Google's OnHub is out on stores. It is a wireless router which costs $200. There are speculations that Google made it to connect devices under Google Weave; the Internet of Things.
Sep 01, 2015 11:30 PM EDT
Google lets Android Wear smartwatches work with iPhones
Google latest smartwatch will hit the market and it will be compatible with iOS. As for now, LG smartwatch, the Watch Urbane, is the only smart watch that is compatible with iOS.
Sep 01, 2015 10:10 PM EDT
Europe is far behind in its electronic waste recycling target
Europe did not even reach half of its initial goal to effectively recycle 85 percent of its electronic wastes, study says. It is in European law to recycle electronic wastes or objects that come with a battery or plug.
Sep 01, 2015 10:05 PM EDT
Walmart reduces working hours at some stores after raising pay, thus raising cost
Walmart cuts working hours on 4,600 stores. Reports said this is due to Walmart's $1B lost when the retail company increases its workers' wages last April.
Sep 01, 2015 05:18 AM EDT
Around 200 people arrested in China for spreading stock market rumors
Chinese authorities arrested 197 people for spreading rumors that can lead to troubles. The rumors they have spread included a man jumping to death in Beijing because of the drop in stock market.
Sep 01, 2015 09:40 PM EDT
Tesco plans to sell Iron Maiden's The Book of Souls in vinyl
Big supermarket chain Tesco has long been selling records but recently, it plans to add a more modern format into their offered products.
Sep 01, 2015 09:35 PM EDT
Athens goes for gas grid privatization
Greece is in favor of selling stake in energy grid to Azerbaijan government company. This is subject to the outcome of general elections and clearence of third round of bailout package. Greece aims to be energy transport hub for eastern European nations.
Sep 01, 2015 05:09 AM EDT
Alibaba Pictures lost $24M in first semester amid twists and turns
Alibaba Pictures Group, the film-making unit of the Chinese e-commerce giant, announced Friday that it lost 151.8 million Yuan ($24 million) in the first half of 2015.
Sep 01, 2015 04:38 AM EDT
Formula One Teams Burn up $300 Million of Debt, 64.2% from Lotus
10 F1 teams are under a total $300 million worth of debt, with Lotus accounting to 64.2% of the debts. Just last month, Lotus was ordered by the courts to pay almost £600,000 of debts. This was after it failed to pay 27 of its bills.
Sep 01, 2015 04:35 AM EDT
Boeing flexes its muscle to control supplier power
Warren Buffett's acquisition of Precision CastParts Corporation had urged other investors to bet on commercial aircrafts. On the other hand, Boeing Company, the aviation giant is evidently delaying transactions of its suppliers' merging and acquisition deal.
Sep 01, 2015 03:33 AM EDT