Basic Materials

China Slams New US Tariffs, Vows to Defend Economic Interests Amid Trade Tensions

Biden imposes extensive tariffs on Chinese imports, including semiconductors and EVs, escalating trade tensions. China vows to defend its interests and urges correction.


UK Faces Crop Shortfall Due to Wet Weather; Bread and Biscuit Price Hikes Expected

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 Push Near Record Levels As Global Shortage Continues to Impact Market

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 to Open 4 New Distribution Centers for Home Professionals

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...


Latest News

Berry Plastics Beat the Compeition
Berry Plastics provide customized packaging solutions for the most well known brands in the market today.
Wilmar Purchases Consumar Stake
Wilmar pays out US$263 million for 54% controlling stake in Consumar.
Toro Energy Opens to Investors for Uranium Mine
Toro Energy open to investors in Asia and nuclear utilities for Wiluna uranium mine.
Mitsui Purchases Heraeus
Mitsui Corp, one of the world's leading chemical makers purchases Heraeus Dental for Eur450 million.
Hedge Funds Bounce Commodities to One Month High
Reuters, using data from the Commodity Futures Trading Commision, showed funds holding positions for the long term on commodities.
Gold Values Decreasing
Reuters has reported that gold backed exchange traded products have declined in the past few months.
China's Tanghan Steel Acquires 10% Stake in Switzerland's Duferco International Trading Holding
Tanghan Steel has signed a deal with Duferco International Trading Holding to buy 10% stake in the latter as China seeks more steel export.
GEMS Education Preparing for IPO
GEMS Education to raise funds for expansion into Asia and Africa through IPO and other means.
Tata Steel to Sell Bonds to Refinance Debts
Tata Steel is now in the process of finding banks to facilitate the sale of bonds for its debt refinancing purposes.
Sinopec Forms JV with Parent to Buy $3 Billion Assets
Sinopec has concluded a deal to purchase oil and gas assets from its parent company.
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