* Aluminium hits nine-week peak * China bonded copper stocks rise for first time in nine weeks * Tin touches highest since March 13 (Updates prices, adds aluminium high) By Eric Onstad LONDON, June 2 (Reuters) – Copper and aluminium prices climbed to their highest in more than two months on Tuesday as more signs emerged that the Chinese economy […]
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* China bonded copper stocks rise for 1st time in 9 weeks * Tin price touches highest since March 13 * Lead hits strongest in seven weeks (Updates prices with lead highest since April 14) By Eric Onstad LONDON, June 2 (Reuters) – Copper prices climbed to their highest in 2-1/2 months on Tuesday as more signs emerged that the […]
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How much will protests set back the economy? The Wall Street Journal’s Dan Henninger argues recent protests will have a negative effect on businesses reopening in several cities. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below U.S. equity futures are pointing to a higher open ahead of the Tuesday […]
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(Adds XP Inc, Fiat Chrysler, Aston Martin and Mediobanca) June 1 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Eyewear billionaire Leonardo Del Vecchio has requested clearance from the European Central Bank to double his stake in Mediobanca, raising the prospect of far-reaching changes in Italy’s financial world. ** A top […]
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(Updates with additional figures, quote from finance minister, context) SANTIAGO, June 1 (Reuters) – Chile’s economic activity plunged 14.1% in April from the same month a year ago, the central bank said on Monday, the steepest drop in at least 34 years as the world´s top copper producer reels from the impacts of the coronavirus. The bank’s IMACEC economic activity […]
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Memories of harsh austerity in the wake of the global financial crisis are motivating Estonia to end what’s been the continent’s greatest aversion to borrowing. The Baltic region became the poster child for the kind of public spending and wage cuts that later ravaged nations like Greece. Estonia remains the European Union’s least-indebted member-state — without a single government bond. […]
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The European Union could charge 70,000 companies for access to the EU market to help pay for its coronavirus recovery program, Budget Commissioner Johannes Hahn was quoted as saying in a Financial Times interview. Hahn said there’s no alternative to giving the European Commission new sources of revenue to service the debt it would take on under the 750 billion-euro […]
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U.S. stock futures fell as investors weighed the violent protests in some American cities that have stoked concerns about a reacceleration in infection rates and a damper on the economic recovery. The yen and gold edged up. S&P 500 futures opened lower. With Amazon scaling back deliveries and Apple closing some stores Sunday, investors are gauging how violence over the […]
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FCC commissioner calls for ‘neutral application of terms of service’ for Twitter users FCC Commissioner Brendan Carr on Twitter placing a warning on President Trump’s tweet on Minneapolis protests. Twitter CEO Jack Dorsey’s retweet of incorrect facts regarding the unrest in Minneapolis doesn’t fall under the social-media company’s new label system for disputed or misleading tweets. Continue Reading Below Ticker […]
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