Basic Materials

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...

Interior Construction Firms Accused of Rigging Million-Dollar Tenders; Singaporean Watchdog Issues Legal Notices

Two interior construction firms are accused of rigging million-dollar tenders. A Singaporean competition watchdog shares the details...

Chinese Scientists Develop Cheap Aluminum Alloy with Record Thermal Resistance, Six Times Stronger than Standard Alloys

Chinese scientists at Tianjin University developed a cost-effective aluminum alloy with remarkable strength and heat resistance, revolutionizing aerospace and industrial applications...


Latest News

Berkeley Group and Wellcome Trust launches joint venture
Berkeley Group and Wellcome Trust announced that it has created a joint venture to invest in English properties.
US recovery augurs well for diamond investors: analyst
A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
China Molybdenum acquires controlling stake in Australia's Rio Tinto
Rio Tinto revealed that it sold 80% of the Northparkes copper-gold mine to China Molybdenum for US$820 million.
Ashland Considers Divestment of units with US$2 Billion Revenue
Ashland Inc may opt for divestment of elastomers and water-treatment businesses.
Graña y Montero raises US$413 in their IPO
Graña y Montero revealed that it had raised up to US$413 million in their IPO.
US home sales on the rise
New sales of homes in the U.S. rose by 8.3% despite higher mortgage rates.
Mediterranean Investments Holding Plc to sell stakes to fund Libyan project
Mediterranean Investments Holding Plc announced that it is considering a London IPO to raise EUR100 million.
Chatham produces US$1.60 million in its IPO
Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.
Ferragamo considered as luxury target after US$2.6 billion Loro Piana deal
Salvatore Ferragamo SpA and Tod's SpA were expected to pursue growth through deals with LVMH and Gucci-owner Kering SA.
BV is now ECRM's major shareholder
Efficient Collaborative Retail Marketing announced that BV Investment Partners is ECRM's majority shareholder.
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