* Cash zinc premium over three-month contract at one-yearhigh * Benchmark nickel hits 11-month low (Updates with closing prices)By Pratima DesaiLONDON, Nov 13 (Reuters) - Copper prices rose on Tuesday asworries about growth in top consumer China receded after areport that the country's chief trade negotiator could visit theUnited States before a meeting between the two countries'leaders.Benchmark...Read More
With the introduction of the new Cat 798 AC, Caterpillar expands its mining truck line to give customers the flexibility to choose what meets their needs and preferences. (Image supplied.)When Komatsu acquired Joy Global in 2016, the Japanese firm expanded its portfolio from surface to underground mining equipment, becoming the strongest competitor in th...Read More
With the introduction of the new Cat 798 AC, Caterpillar expands its mining truck line to give customers the flexibility to choose what meets their needs and preferences. (Image supplied.)When Komatsu acquired Joy Global in 2016, the Japanese firm expanded its portfolio from surface to underground mining equipment, becoming the strongest competitor in th...Read More
With the introduction of the new Cat 798 AC, Caterpillar expands its mining truck line to give customers the flexibility to choose what meets their needs and preferences. (Image supplied.)When Komatsu acquired Joy Global in 2016, the Japanese firm expanded its portfolio from surface to underground mining equipment, becoming the strongest competitor in th...Read More
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* Oct new loans 697 trln yuan vs f'cast of 862 billion yuan * Oct M2 money supply up 8.0 pct y/y vs f'cast of 8.4 pct* Oct TSF 728.8 bln yuan, vs 2.21 yuan trillion in Sept * Jan-Oct loans jump but credit conditions tighten * Policy easing so far not turning around lending-analyst (Adds details)By Kevin Yao and Lusha ZhangBEIJING, Nov 13 (Reuters) - China's credit growth slowedsharply in October,...Read More
Published 20 Hours AgoUpdated5 Hours AgoReuters Gold edged back above $1,200 an ounce on Tuesday and was on track to rise for the first trading session in eight, recovering losses as the dollar paused in a rally that had taken the currency to 16-month highs.The dollar has benefited over the last week from expectations for further U.S. interest rate hikes, as well as concerns over Italy's budget an...Read More
South Africa's Association of Mineworkers & Construction Union (AMCU) has asked the country's Competition Tribunal to veto the merger between precious metals producer Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) and struggling platinum miner Lonmin (LON:LMI) to avoid around 10,000 job losses.The union, Lonmin's biggest, said the number of Lonmin's planned job cuts at mines that will run out of comme...Read More
South Africa's Association of Mineworkers & Construction Union (AMCU) has asked the country's Competition Tribunal to veto the merger between precious metals producer Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) and struggling platinum miner Lonmin (LON:LMI) to avoid around 10,000 job losses.The union, Lonmin's biggest, said the number of Lonmin's planned job cuts at mines that will run out of comme...Read More
(Updates closing price, adds quotes and details)SHANGHAI, Nov 13 (Reuters) - China's yuan closed slightlyfirmer on Tuesday as early support from major state-ownedChinese banks lifted the currency from near-decade lows, andsentiment improved after media reports fueled hopes for ade-escalation in the Sino-U.S. trade war.The onshore yuan ended domestic trade at 6.9531 per dollar at 4:30 pm (0830 GMT)...Read More
* Praet says Italy concerns are impacting markets * ECB cannot tailor measures to support individual countries * Politicains have been looking at ESM options (Adds ESM comment, background)By Marc JonesLONDON, Nov 13 (Reuters) - Euro zone policymakers havediscussed using the bloc's bailout fund to stem any contagionfrom Italy's debt woes to other euro zone countries, theEuropean Central Bank's chie...Read More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), will be hosting a pop-up retail location at Tsawwassen Mills, a shopping mall in Delta, BC that specializes in a mix of premium fashion brands and factory outlets.The launch of the pop-up shop is the latest addition to the Company's updated distribution model that focuses on the Company's transiti...Read More
JOHANNESBURG, Nov 13 (Reuters) - South Africa's rand firmedagainst the dollar in early trade on Tuesday, in line with arise in stocks, as hopes of a de-escalation in the Sino-U.S.tariff war rose on reports that China's top trade negotiator waspreparing to visit the United States ahead of a meeting betweenthe leaders of two countries.* At 0645 GMT, the rand traded at 14.3850 perdollar,0.57 percent...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce the commercial launch of the UV350 in Israel. The 4G LTE all-in-one fleet communications device will offer customers in Israel an integrated Push-to-Talk solution by Motorola Solutions.The UV350 device offers clear cellular voice calls, Push-to-Talk over Cellular ("PoC") conn...Read More
Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time:Oil and Gas Bloodbath Spreads to Junk Bonds, Leveraged Loans. Defaults NextThe price of oil has plunged nearly 40% since June to $65.63, and junk bonds in the US energy sector are getting hammered, after a phenomenal boom that peake...Read More
Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time:Oil and Gas Bloodbath Spreads to Junk Bonds, Leveraged Loans. Defaults NextThe price of oil has plunged nearly 40% since June to $65.63, and junk bonds in the US energy sector are getting hammered, after a phenomenal boom that peake...Read More
"The concept of fiat currencies will be called into question when all this happens. The dollar might lead this down or some other fiat currency might lead it down. . . .At some point, they will realize all the fiat currencies are basically in the same boat. . . . We can't know the timing of this, but we can know what will do well when this happens, and that is gold and silver."John Rubino is the f...Read More
Steen Jacobsen, Chief Economist and Chief Investment Officer of Saxo Bank sees economic slowdown ahead. Specifically, his "Four Horseman" indicators: the drivers of economic growth, are all flashing red.Jacobsen believes that the central banks will continue their liquidity tightening efforts for as long as they can get away with (i.e., until the financial markets start toppling over). In his opini...Read More
Jeff Sessions is gone.And marijuana investors couldn't be happier. More on that in a second. But first, let me bring you up to speed.Continue...Read More
I recently told you about changes to your personal tax return that you should be aware of for the upcoming Tax Day. But there are big tax savings available if you are a business Continue...Read More