The Mocoa deposit in Colombia has been acquired by this copper miner. Libero Copper Corp. (LBC:TSX.V:, LBCMF:OTCQB ) recently announced it has completed the transaction with B2Gold Corp. to acquire 100% of the Mocoa porphyry copper-molybdenum deposit in Colombia. Libero has issued 10,400,000 shares comprising a 19% stake in Libero Copper and a 2% royalty on the project. B2Gold will have a right t...Read More

(Reuters) - U.S. stocks slid on Wednesday, led by industrial shares, after Washington’s threat to impose tariffs on an additional $200 billion worth of Chinese goods raised fears of an escalating trade war.U.S. officials on Tuesday issued a list of thousands of Chinese imports that the Trump administration wants to target with new tariffs. In response, China accused the United States of bull...Read More

(Reuters) - Fast-food company Restaurant Brands International (QSR.TO) said on Wednesday it plans to open 1,500 outlets of its Canadian coffee-and-donut chain Tim Hortons in China over the next decade, capitalizing on a growing cafe culture in the world’s second-largest economy.The move, its biggest expansion outside of the core Canadian market, is part of new President Alex Macedo’s t...Read More

NEW YORK/WASHINGTON (Reuters) - U.S. President Donald Trump called Pfizer Chief Executive Ian Read on Tuesday and discussed the company's July 1 price hikes for 10 to 15 minutes, communicating that the increases had complicated the administration's drug pricing plans, according to a source familiar with the matter.Pfizer said on Tuesday it was deferring its drug price increases on around 40 drugs...Read More

LONDON (Reuters) - British trade minister Liam Fox said on Wednesday he did not believe that Britain’s new Brexit strategy would inhibit its ability to agree trade deals with countries around the world, after two cabinet colleagues resigned over the policy.Former Foreign Secretary Boris Johnson and Brexit minister David Davis quit at the start of this week in protest over the strategy. Johns...Read More

Stainless steel prices in North America are likely to be supported by the US Section 232 steel import tariffs while, in Asia, Chinese production cuts on environmental grounds could support prices in the third quarter.And in Europe, price stability is expected unless safeguarding measures are introduced by the European Commission, with a preliminary decision expected within the next week. Prices ar...Read More

BRUSSELS (Reuters) - U.S. President Donald Trump held talks with German Chancellor Angela Merkel on the sidelines of a NATO summit in Brussels on Wednesday, hours after he fiercely criticized German policy on defense spending and gas imports from Russia.The tone of their remarks when they jointly addressed reporters afterward appeared businesslike, after Trump had said Germany’s reliance on...Read More

Metal Bulletin started a weekly price assessment for stainless steel hot-rolled coil (HRC) on a $ per tonne cif East Asian ports basis on Wednesday July 11, while discontinuing its East Asian price for stainless steel hot-rolled sheet.After a consultation period, Metal Bulletin has launched a weekly price for Asia grade 304 stainless steel HRC imports into East Asia to better reflect trading...Read More

BRUSSELS (Reuters) - U.S. President Donald Trump accused Germany of being a “captive” of Russia on Wednesday as Western leaders gathered in Brussels for a NATO summit where Trump wants Europeans to pay more for their own defense.In a startling public outburst against one of Europe’s main military powers, Trump told NATO Secretary-General Jens Stoltenberg that Germany was wrong to...Read More

(Reuters) - AT&T Inc has partnered with Magic Leap Inc, a secretive augmented reality startup backed by tech giants Google and Alibaba, to exclusively sell its wireless gadgets in the United States, the telecom company said on Wednesday.Magic Leap said it will demo www.twitch.tv/magicleap its first product later in the day - a lightweight, wearable computer with augmented reality features. T...Read More

WASHINGTON (Reuters) - U.S. producer prices increased slightly more than expected in June amid gains in the cost of services and motor vehicles, leading to the biggest annual increase in 6-1/2 years.The report published by the Labor Department on Wednesday also showed a pickup in underlying producer inflation last month. The data supports views of steadily rising price pressures, which will probab...Read More

CHICAGO (Reuters) - When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. But only one of them, Dallas-based hedge fund Highland Capital Management, aggressively pursued legal action against Credit Suisse Group AG, which arranged the financing and appraisals for the project.Highland u...Read More

TEL AVIV (Reuters) - Next Insurance, a digital insurance company for small businesses, said on Wednesday it has raised $83 million, bringing its total raised in two years to $131 million.Led by Redpoint Ventures, this funding will enable Next Insurance to continue its expansion in the United States as a full service insurance carrier, offer coverage to more classes of business and grow internal op...Read More

The Dow, S&P, and Nasdaq snapped their four-day win streaksStocks took a hit today, as investors were rattled by plummeting oil prices and the Trump administration's threat to impose fresh tariffs on $200 billion in Chinese goods. Big losses for industrial giant Caterpillar (CAT) and energy stock Chevron (CVX) took a toll on the Dow, with the blue-chip index snapping its four-day win streak. The S...Read More

Prices for domestic hollow steel sections have been stable in Europe so far this week due to summer holidays across Europe causing a typical dip in demand, sources told Metal Bulletin on Wednesday July 11.Metal Bulletin's price assessment for commodity-size, grade-S235 square hollow sections made and delivered in Northern Europe was unchanged for a third week on July 11 at ?,?640-650 ($751-763) pe...Read More

The former PZZA CEO apologized for using a racial slur in a conference callStocks are sharply lower today following a new round of tariff threats from the Trump administration. Three names making notable moves are pizza chain Papa John's International, Inc. (NASDAQ:PZZA), GPU giant Nvidia Corporation (NASDAQ:NVDA), and pharma issue Achieve Life Sciences Inc (NASDAQ:ACHV). Below, we'll take a clos...Read More

BEIJING (Reuters) - Germany’s BASF managed to wrap up a preliminary deal to build China’s first wholly foreign-owned chemicals complex quite quickly, aided in part by trade tensions between Beijing and Washington, sources with knowledge of the matter said.The proposed complex, worth some $10 billion in investment to 2030, will be located in Guangdong, China’s most populous provin...Read More

Nomura thinks regulations could actually benefit FB and GOOGLFacebook, Inc. (NASDAQ:FB) and Alphabet Inc (NASDAQ:GOOGL) both received bull notes since yesterday's close. Below, we're going to take a closer look at shares of FB and GOOGL to see how they're trading today. Facebook Options Are Attractively PricedFacebook stock has managed to carve out a path of higher highs this summer, even amid d...Read More

LONDON (Reuters) - Global oil benchmark Brent fell more than $2 a barrel on Wednesday after U.S. President Donald Trump threatened to levy new tariffs on China and Libya announced the reopening of key oil export terminals.The specter of tariffs on a further $200 billion of Chinese goods sent commodities lower along with stock markets, as tension between the world’s biggest economies intensif...Read More

Option bulls could be blindsided by a post-earnings retreatBig bank earnings will roll in on Friday, with JPMorgan Chase & Co. (NYSE:JPM) among the companies slated to report. While JPM stock is on pace for its best week in two months and on Monday enjoyed its biggest one-day percentage gain of 2018, the shares are now sending up a historical short-term "sell" signal on the charts.Since notching a...Read More