Citibank acquires Deutsche commodities trading book
Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.
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Chile’s Codelco to seal $1 billion deal with the UK
The giant copper miner is also planning to sell about $8 billion of bonds over the next five years to help finance a nearly $30bn investment program aimed to revamp its aging mines.
The Lundin’s look to Chile for copper’s next run
The firm is developing a trio of staggeringly huge copper deposits on the Chilean-Argentine border that contain a total of over 28 billion pounds of copper and 19 million ounces of gold resources (only two of the deposits have resource estimates on them).
Will Strong Q3 Earnings Help Get Potash Corp./Saskatchewan’s Stock Back in Positive Territory?
Although Potash Corp. is a vital player in the agriculture industry, this has not led to a strong performance in the stock market in 2014, as its shares have uderperformed the TSX Composite Index’s 4.5% gain.
India diamond merchant boss gives 500 cars, 200 apts to employees
He has also insured 280 employees who have been with the company for more than a decade to the tune of $160,000 each.
Gold price: ETF investors, hedge funds catch up to rally
Physical gold-backed ETFs enjoy inflows for the first time in five weeks,while hedge funds add to bullish positions after eight weeks of reductions.
INFOGRAPHIC: a crude problem for Putin’s Russia
Western sanctions against Russia that stemmed from the events in Ukraine have not yet put a significant dent in the country’s economy or changed their plans abroad. However, over the last three months, the slumping price of crude oil may be the factor that finally makes Moscow blink.
CTM Wins Top Australian Agency Award
Corporate Travel Management (ASX: CTD) took the gong for 'Top Australian Agency' in the Abacus International Conference (AIC) Awards ceremony, hosted in Abu Dhabi on Friday, 17 October.
Copper price back below $3 on supply worries, Chinese GDP
Chinese economy expected to grow at slowest pace since 2009 just as flood of new supply enters the market.
