HONG KONG/MUMBAI (Reuters) - Walmart Inc (WMT.N) is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant’s biggest acquisition of an online business, two people with direct knowledge of the matter said.Reuters reported last week that Walmart completed its due diligence on Flipkart and had made a proposal...Read More
FRANKFURT (Reuters) - European Central Bank policymakers gathering last month expressed concern over the risk of a full-fledged trade war with the United States and fretted over the potentially harmful impact of the euro’s strength, the minutes of meeting showed.With the euro zone economy growing for five straight years, policymakers are now debating how to wean the bloc off easy money and p...Read More
BRUSSELS/SAN FRANCISCO (Reuters) - The European Union’s top antitrust regulator, Margrethe Vestager, has made it her mission to stem alleged anti-competitive abuses by big American tech companies, threatening as recently as last month to break up Alphabet Inc’s Google.But a decision in the most important of three antitrust cases against Google - this one aimed at loosening its strangle...Read More
TODAY COPPER CALL FREEToday copper call – Copper Sell Call 576 Given at price 446.80 Achieved 1st Target level 444.80. CMP 444.70. Total 2.10 x 2 lot = 4.20 Points Profit576 : Copper - SELL Copper at CMP 446.80 for Target 444.80 - 443.50 with SL Above price 448.50. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
GUNSAN, South Korea, April 12 (Reuters) - Workers at a rural South Korean factory are busy extracting some of the world's most coveted metals, used in the batteries that power electric cars.But they're not digging in the ground or refining ore. Instead, they are sorting through a pile of lithium-ion batteries from old mobile phones and laptops.As China's aggressive hunt for overseas cobalt and lit...Read More
Mr. Matthew Hornor reportsMAPLE GOLD ANNOUNCES CLOSING OF $3,950,000 PRIVATE PLACEMENT Maple Gold Mines Ltd.has completed a non-brokered private placement financing (see press releases March 19, 2018, and April 5, 2018), for aggregate gross proceeds of $3.95-million through the issuance of 16,458,334 common shares at a price of 24 cents per share.Upon closing, the aggregate Quebec fund and institu...Read More
Mr. Matthew Hornor reportsMAPLE GOLD ANNOUNCES CLOSING OF $3,950,000 PRIVATE PLACEMENT Maple Gold Mines Ltd.has completed a non-brokered private placement financing (see press releases March 19, 2018, and April 5, 2018), for aggregate gross proceeds of $3.95-million through the issuance of 16,458,334 common shares at a price of 24 cents per share.Upon closing, the aggregate Quebec fund and institu...Read More
FMG should be applauded for a logical step into the unknownRead full newsRead More
(Kitco News) - Gold prices are sharply lower and near their daily lows inlate-morning action Thursday. A return of risk appetite to the marketplace onthis day has dented buying enthusiasm in the safe-haven gold and silvermarkets. A rally in the U.S. dollar index on this day is also prompting sellingpressure in the precious metals markets. Keep in mind, however, that anyflare-up in U.S.-Syria-Russi...Read More
BERLIN (Reuters) - Conservatives in Germany’s Brandenburg state say they are willing to talk to the far left and right after next year’s election in a break with the past that shows broader political fragmentation.Chancellor Angela Merkel’s Christian Democrats (CDU) have always refused to deal with the Left party, heir to East Germany’s Communist party, or the nationalist A...Read More
(Reuters) - For Todd Brassner, an art dealer who died in a fire that ripped through his Trump Tower apartment last weekend, the New York high-rise he lived in for two decades became unbearable after Donald Trump announced he was running for president.Brassner’s experience trying to sell his 50th-floor condominium in the building that is both President Donald Trump’s gilded New York hom...Read More
LONDON/MELBOURNE, April 12 (Reuters) - Dominant aluminium producer China may help fill a gap in global supply after the United States slapped sanctions on Russia's aluminium giant Rusal.But a tangle of tariffs will obstruct flows to the United States so aluminium consumers will need to find other solutions as well, industry experts said.International prices, which have shot up more than 10 percent...Read More
Domestic producers struggling to compete with international suppliers, WCC hearsRead full newsRead More
But options traders seem to be betting on a reboundPuma Biotechnology Inc (NASDAQ:PBYI) exploded up the charts in 2017, more than tripling in value and peaking at $136.90 in early November. Since then, however, PBYI stock has suffered two bear gaps, the most recent of which from January came as a result of an unfavorable regulatory decision out of Europe. The shares are under pressure again today...Read More
(Bloomberg) - Top diamond miner De Beers increased prices for a second consecutive sale, according to people familiar with the matter, even as an alleged $2 billion fraud continues to send shockwaves though the industry.De Beers lifted prices between 1 percent and 2 percent, according to the people, who asked not to be identified as the information isn't public. The company raised prices a simila...Read More
BEIJING (Reuters) - President Xi Jinping presided over the Chinese navy’s largest-ever military display on Thursday, state media reported, the country’s latest show of force in the disputed South China Sea.State broadcaster China Central Television showed footage of Xi boarding the destroyer Changsha before sailing to an unspecified location in the South China Sea and watching the proc...Read More
LONDON (Reuters) - After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they get from investment banks underwriting new listings with its low-cost IPO.The music streaming firm effectively deprived banks of hundreds of millions of dollars in fees by shunning them in its $26.5 billion New York Stock Exchange float on April 3.Banks can charge companie...Read More
Copper – SELL Copper at CMP 446.80 for Target 444.80 – 443.50 with SL Above price 448.50. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
BBBY stock hit a nine-year low earlierShares of Bed Bath & Beyond Inc. (NASDAQ:BBBY) have plunged 16% to trade at $18.05 -- hitting a nine-year low of $17.85 out of the gate -- after the homegoods retailer offered up a weak full-quarter profit forecast. After reporting fiscal fourth-quarter adjusted earnings beat of $1.48 per share on inline revenue of $3.7 billion, BBBY said it expects 2018 earni...Read More
Zinc Calls – BUY Zinc at CMP 205.50 for Target 206.50 – 207.50 with SL below price 204.40AFTER POST CONTENT Read More