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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Lumber Liquidators Stock Dropped as Cancer Risk Arose
Following CDC announement of the risk of carcinogen in its product, the company's stock plunged since last week. Lumber Liquidators is trying hard to win back trust from customers and investors.
Feb 29, 2016 09:28 AM EST
US economy concludes 2015 on positive note
The US economy recorded better than expected performance during the fourth quarter enabling it to conclude 2015 on positive mode. Surpassing the forecast of 0.7 percent, the US economy grew one percent during September-October quarter in 2015 giving much leverage to the US government to tighten monetary policy.
Feb 29, 2016 09:27 AM EST
Future of Britain outside EU remains uncertain
Britain's exit from the European Union will have a negative impact on the economy of the country, according to officials. The UK prime minister pledges to negotiate a better agreement for the nation in the union.
Feb 29, 2016 09:25 AM EST
Ren Zhiqiang: Latest Victim of China’s Tougher Cyber Laws: Mulls For Further Toughening
China has been widely criticized for strict cyber laws. On Sunday, the communist government has mulled its legislative power to impose ban on accounts of former Chinese tycoon, Ren Zhiqiang. While around 40 Chinese journalists have been confined in jail as victims of tougher cyber laws, the communist government is going to enact further tougher laws on March 10.
Feb 29, 2016 09:24 AM EST
Mobile phone firm Telstra supports external funds to invest in Asia
Telstra is backing up external venture capital funds to seek investments in Asia. The company is focusing more on technology investment in Asia as it experiences a drop in the viability of internet services and phone calls.
Feb 29, 2016 09:22 AM EST
Fintech Startup Will Change Global Finance as Regulators Closely Watch
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Feb 29, 2016 09:21 AM EST
Indian tech start-ups seek investment from China
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Feb 29, 2016 09:19 AM EST
General Electric Mocked Startups, Proclaimed Itself as Tech Company
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Feb 29, 2016 09:18 AM EST
Gap Announces Fourth Quarter Earnings, Forecasts Decline in Profit During Current Year
Gap Inc. has announced its fourth quarter earnings on Thursday. The clothing retailer has represented a comparative feature with its year ago performances. It has also predicted for weaker earnings during the current year.
Feb 28, 2016 05:51 AM EST
Eskom to Receive Last Payment of 5 Billion Rand Bailout By Next Week
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Feb 28, 2016 05:49 AM EST
Kraft Heinz reports profit in Q4, beats Wall Street view
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Feb 28, 2016 05:47 AM EST
Human Regains The Lead In Mercedes-Benz Production Line
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Feb 28, 2016 05:45 AM EST