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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Nigerian investment inflow falls by N2.3tn over the past three years
Nigerian investment flow in the previous three years has declined as a result of economic slowdown in the country. Investors lost their confidence in Nigerian economy citing global oil slump.
Mar 07, 2016 09:07 AM EST
Egyptian Billionaire Naguib Sawiris Will Finalize Acquisition of CI Capital Holding by the End of March
The acquisition will create a second largest investment bank in Egypt. Sawiris acquired CI Capital Holding with its investment arm, Orascom Telecom Media and Technology.
Mar 07, 2016 09:04 AM EST
French Utility EDF CFO Resigns Possibly For Disagreement With CEO Over £18 Billion Hinkley Point project
Thomas Piquemal, chief financial officer of the French utility EDF has been rumored to resign over disagreement with company CEO. Due to decade low wholesale prices of electricity, the business has been forced to borrow billions of Euros for payment of dividends. Under such financial hardships, Piquemal has suggested to wait at least three years in finalizing the project plan.
Mar 07, 2016 09:03 AM EST
Rob Mundy opens a new online research platform for investors
Rob Mundy, a former stock research expert, has launched Research Tree, an online investment research platform designed for private investors. With this new achievement, Rob Mundy aims to create a better source of information for online investors.
Mar 07, 2016 09:00 AM EST
PSE To Formulate Market Friendly Laws Facilitating DDS Transactions
PSE has been seeking comments and suggestions on its proposed law for transactions of DDS. The procured comments and suggestions will be evaluated while drafting the rule, aiming to reflect market demands. Comments and suggestions may be sent up to March 22.
Mar 07, 2016 08:59 AM EST
Old Mutual Reportedly Planning to Split Into Several Units, The Company Stated It's Considering All Options
Giant South Africa-based international banking group Old Mutual has stated that they are considering all options as a result of a strategic review. Many believe that the group is planning to split itself into several business units.
Mar 07, 2016 08:55 AM EST
'Little Ripper', A $200,000 Helicopter Drone That Will Guard Australian Coastlines Against Shark Attack
Australian lifeguards will get a help from 'Little Ripper' to detect shark presence along New South Wales' coastlines with its aerial view using infrared cameras. The project costs $200,000 where Westpac sponsors the trial for the search and rescue operations.
Mar 01, 2016 09:00 AM EST
Danske Bank Cuts Jobs For Adapting With Post Crisis Landscape
Danske Bank has reportedly spent $60 million against its workforce compared with a year earlier. Meanwhile, the bank company has recently achieved an average ‘buy’ rating from most of the analysts. To retain the achievement with further upgrading, the bank has adopted cost cutting measures which include job cuts in 46 positions of mostly the IT portfolio.
Mar 01, 2016 08:57 AM EST
WhatsApp Will Stop Its Services for BlackBerry, Nokia, Older Androids and Windows
Facebook’s WhatsApp announced that they will stop supporting older mobile platforms, including BlackBerry, Nokia, as well as older Android and Windows operating systems. The decision would allow the app to further improve its features beyond older smartphones’ capabilities.
Mar 01, 2016 08:55 AM EST
Israeli investment firms get $665 million in 2016
Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed with the recent market crash, the funds inflows continue for Israel startups.
Mar 01, 2016 08:53 AM EST
Marathon Oil plans to sell shares through public offering
Marathon Oil announced its intention to sell 135 million of common shares through a public offering. The ongoing slump in the global oil industry has led many oil firms to undertake the cost-cutting strategy to keep hold of their cash level.
Mar 01, 2016 08:48 AM EST
Converse Revealed New Concepts and Approach in Chuck II Reflective Print Collection
Converse is adopting a new approach to update its Chuck Taylor shoes. The shoemaker revealed its newest Chuck II Reflective Print collection with an improvement in functionality and visual features to offer users a brand-new style and experience.
Mar 01, 2016 08:46 AM EST