Metal Trader Misery Undercuts Supercycle Hype as Losses Pile Up
The world’s metal traders are enduring one of their toughest periods in years, even as an international race
2023-10-09 02:50
Eskom to Have a CEO by Year End, South Africa’s Gordhan Says
South Africa’s protracted search for Eskom Holdings SOC Ltd.’s new chief executive officer will end by December, according
2023-10-06 15:18
Glencore and Seriti Weigh Job Cuts in South Africa Due to ‘Dire’ Train Situation
Glencore Plc and Seriti Resources Holdings Ltd. are in talks to cut hundreds of jobs in South Africa
2023-09-27 23:19
Trafigura Wrestles With Future of Metals Unit after Losses
Commodity trading giant Trafigura Group has been exploring a range of potential deals involving its metals business, as
2023-09-17 10:19
Another Trafigura Metals Exec Departs as Pressure on Unit Grows
Trafigura Group’s head of metals business development is leaving, the latest sign of the pressure facing the commodity
2023-08-24 19:26
India’s JSW Weighs Majority Stake in Teck Coal Unit
JSW Steel Ltd. is looking to form a consortium to bid for a majority stake in Teck Resources
2023-08-17 21:52
Glencore Mid-Year Profit Plunges 50% as Commodity Prices Retreat
Glencore Plc reported a steep drop in first-half profit and slashed returns to its shareholders after disappointing Chinese
2023-08-08 14:29
European Stocks Drop; UK Outperforms on HSBC and BP Earnings
European stocks dropped on Tuesday as earnings season rolled on. UK shares outperformed, helped by gains in BP
2023-08-01 16:55
European Stocks Weighed Down by Earnings Hit; Heineken Slumps
European stocks edged lower as the weakest corporate earnings season since 2020 outweighed optimism that interest rates were
2023-07-31 15:49
Eskom Latest: Outages Intensify on Breakdowns
South Africa’s state-owned power utility, Eskom SOC Ltd, will remove 4,000 megawatts of power from the national grid
2023-07-30 20:57
The Mining World Turns to Saudi Cash for Critical Metal Supply
A $2.6 billion deal announced last week has set the stage for a potentially landmark shift in the
2023-07-30 20:48
Commodity Trader Vitol Doubled Average Pay on Record $15.1 Billion Profit
Vitol Group doubled the amount its staff earned last year as it notched up record profit of $15.1
2023-07-22 01:59