by Bloomberg.com | Nov 22, 2024 | AlphaTack Intel
BHP reviews Australia assets as First Quantum halts mine Metal used in stainless steel and batteries extends losses A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s...
by Bloomberg.com | Nov 21, 2024 | AlphaTack Intel
French miner received 29% less ore sales quota than expected High ore price is a boon for local miners at smelters’ expense Indonesia is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged slump,...
by Bloomberg.com | Nov 21, 2024 | AlphaTack Intel
Buyout firms are taking bolder steps to clinch deals KKR is bullish on Japan, where its returns are biggest When KKR & Co. offered almost $4 billion for a Japanese IT consulting company back in August, the proposal generated buzz in the country’s burgeoning buyout...
by Bloomberg.com | Nov 21, 2024 | AlphaTack Intel
Trade barriers could lead to crony capitalism, Griffin warns Citadel founder says tax hikes may be needed to alleviate debt Billionaire Ken Griffin cast doubt on two of President-elect Donald Trump’s most loudly heralded economic policy plans: tax cuts and tariff...
by Bloomberg.com | Nov 21, 2024 | AlphaTack Intel
Stock jumps to highest in a year despite weaker profit outlook Traders and executives have been looking for signs of a bottom Shares of Deere & Co. jumped to the highest level in more than a year as investors in the biggest farm machinery maker looked past a...
by Bloomberg.com | Nov 21, 2024 | AlphaTack Intel
Any form of trade fragmentation would be detrimental to China’s economy, according to European Central Bank Chief Economist Philip Lane. Speaking at a conference on macroeconomic effects of geopolitical uncertainty in Amsterdam on Thursday, Lane highlighted that...
