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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U.S. job openings hit highest level since 2001
U.S. job openings rose to their highest level in more than 13 years in August even as hiring fell, the U.S. Department of Labor said.
Oct 07, 2014 11:49 AM EDT
Hewlett-Packard to split into two public companies, lay off 5,000
Hewlett-Packard Co (HPQ.N) said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations, and eliminate another 5,000 jobs as part of its turnaround plan.
Oct 06, 2014 12:24 PM EDT
Chipmakers slide after Samsung's big investment
Micron Technologies (MU.O) was leading a slide in the PHLX semiconductor index .SOX on Monday after Samsung (005930.KS) unveiled plans to spend $14.7 billion on a new chip facility.
Oct 06, 2014 12:19 PM EDT
Supreme Court dodges gay marriage, allowing weddings in five states
The U.S. Supreme Court on Monday declined to decide once and for all whether states can ban gay marriage, a surprise move that will allow gay men and women to marry in five states where same-sex weddings were previously forbidden.
Oct 06, 2014 12:14 PM EDT
Toyota, Mitsubishi to halt production at some Japan plants due to typhoon
Toyota Motor Corp plans to halt production on Monday morning at 12 plants in central Japan due to a typhoon that is hitting the area, spokesman Ryo Sakai said on Sunday.
Oct 06, 2014 11:49 AM EDT
Chrysler recalls 31,497 commercial vans in U.S. to replace head restraints
Chrysler Group said on Monday that it is recalling an estimated 31,497 commercial full-size vans in the United States to replace their head restraints.
Oct 06, 2014 11:44 AM EDT
U.S. regulators probe steering in estimated 938,000 Ford vehicles
U.S. safety regulators have opened a probe of an estimated 938,000 Ford Motor Co (F.N) mid-sized sedans due to complaints about steering issues.
Oct 06, 2014 11:38 AM EDT
Stellar U.S. jobs data boosts dollar and stocks
The dollar climbed to a more than four-year peak and global equity markets rose on Friday after data showed U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, further signs of a relatively strong economy.
Oct 03, 2014 11:43 AM EDT
GM's 2025 platform plan: Simplify and seek to save billions
It could be a defining element of Chief Executive Mary Barra's legacy at General Motors Co (GM.N): A drastic shift over the next 10 years from 26 global vehicle production platforms to just four by 2025, a bold stroke that could eventually save the U.S. automaker many billions of dollars in production costs.
Oct 03, 2014 11:34 AM EDT
GM recalls 524,384 cars and SUVs globally in two actions
General Motors Co said on Friday it is recalling 524,384 cars and sport utility vehicles globally in two actions dealing with potential latch and loose part issues.
Oct 03, 2014 11:17 AM EDT
Premium carmakers push standardized cars to boost profit
Premium carmakers Mercedes-Benz, Volvo and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also giving them the choice of a bespoke car if they want.
Oct 03, 2014 11:11 AM EDT
September U.S. car sales show industry still strong
U.S. consumers bought more cars in September than in the previous year, but early sales results from leading automakers on Wednesday were mixed.
Oct 01, 2014 11:27 AM EDT