Biden imposes extensive tariffs on Chinese imports, including semiconductors and EVs, escalating trade tensions. China vows to defend its interests and urges correction.
Basic Materials
US Mining Companies Rush to Secure Loans Over Fears of Trump's Potential Return and Block Funding
US miners and battery recyclers are rushing to secure government loans before January due to concerns that a re-elected Donald Trump could block crucial funding for domestic mineral production.
Gold Hits Record Highs of $2,540.8 per Ounce, Analysts Predict $3,000 by 2025
As of August 19, gold prices have hit new highs, with spot gold at $2,508.14 per ounce and U.S. futures at $2,540.8 per ounce, amid rising expectations that prices could reach $3,000 by mid-2025.
Nestlé Expects Chocolate Demand to Drop as Cocoa Prices Rise
Nestlé warns of potential reduced chocolate consumption due to soaring cocoa costs, which may force price hikes and impact consumer demand.
Gold Production on Pause as Mining Industry Reveals Gold Becomes Difficult to Find
The gold mining industry struggles to ramp up gold production due to declining deposits, financing, and regulatory challenges as gold prices increase.
Latest News
The Energy & Climate Intelligence Unit (ECIU) warns of potential price surges in bread, biscuits, and beer in the UK due to persistent wet weather.
Cocoa prices keep going up for a fifth consecutive day due to a shortage in supply, prompting concerns for traders and growers in countries like Ghana.
Home Depot unveiled on Thursday its plan to open four new distribution centers explicitly designed for the needs of remodelers, contractors, and other home professionals.
A poll of tech worker habits by software firm Nintex revealed that public and private sector employees are hungry for automation, and rely on mobile apps and the cloud to get work done.
The NEC had alrady laid an outline strategy regarding on how to boost kery service sectors. The National Export Council (NEC) has laid out several strategies to ramp up the performance of priority services sectors namely construction, information, communication and technology (ICT), education services and tourism.
Here is the latest update regarding the market fair. The most overvalued and undervalued sectors that we have.
For the month of September, Indian core sectors showed up a reamrkable increase of 5%. Core sectors of the country of India grew by 5 per cent overall in September driven mainly by strong growth in the steel and petroleum products sectors, data released by the government on Monday showed.
The acquisition of Greybull Capital of Tata Steel's UK long product business will save thousands of jobs and was accepted by the steelworkers after two years of uncertainty.
Billionaire Lakshmi Mittal-controlled ArcelorMittal is selling three of its US steel operations to Black Diamond Capital Management. As part of the sale deal, ArcelorMittal will offload three units at LaPlace in Louisiana, Harriman in Tennessee and El Paso in Texas. Both companies denied to provide terms of the deal.
