Industrial metal trading volumes have fallen across the world and may slide further as economic threats from higher interest rates to the war in Ukraine send buyers, especially in leading consumer China, to the sidelines. Aggressive interest rate hikes have fuelled real concern about impending recession, while confidence is also still reeling after wild price swings during the first quarter following Russia's invasion of Ukraine. Trading volumes of copper have tumbled by up to a third on global commodity exchanges so far this year, and those in most other industrial metals also slumped, with nickel hardest hit.
Commodities trading firm Trafigura said on Tuesday it has appointed Richard Holtum as its global head of a newly combined gas and power division. Holtum has also become the 11th member of the Geneva-based company's management committee. He was previously Trafigura's global head of gas and liquefied natural gas (LNG) trading after joining the LNG desk in 2014.
The Chancellor will insist that his plan to boost growth is right despite mounting opposition from senior Tories.
The price of beer and bacon could be driven higher by a fresh carbon dioxide supply crisis.
Dexters is looking to expand in the capital
After a year of house hunting, here’s how young professionals Sukhgeet Singh and Devyani Bajaj bought their first home using Help to Buy
Global Educational Robot Market Global Educational Robot Market Dublin, Oct. 04, 2022 (GLOBE NEWSWIRE) -- The "Global Educational Robot Market by Type (Humanoid Robots, Collaborative Industrial Robots), Component (Sensors, End Effectors, Actuators, Controllers), Education Level (Higher Education, Special Education) - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.The global educational robot market size is expected to grow from USD 1.4 billion in 2022 to USD 3.2 bil
MADRID (Reuters) -The number of foreign tourists visiting Spain in August remained well below the 10.12 million who came in August 2019 before pandemic-related travel restrictions ravaged the industry, but their spending approached the levels of three years ago. Tourist numbers increased by 70% in August from the same month last year to 8.82 million, official data from the Statistics Institute INE showed on Tuesday. As a result of higher prices, the fewer tourists spent almost as much as in August 2021, 11.26 billion euros ($11.10 billion), down from 11.70 billion in August 2019.
Mel Stride, chair of Treasury committee, says move could also mean smaller interest rate rises
Global Hydrographic Survey Equipment Market Global Hydrographic Survey Equipment Market Dublin, Oct. 04, 2022 (GLOBE NEWSWIRE) -- The "Hydrographic Survey Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.The global hydrographic survey equipment market size reached US$ 2.7 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 3.9 Billion by 2027, exhibiting a CAGR
Greece will submit a technical proposal for a cap on natural gas prices to the European Commision later this week following consultations with other European countries, its energy minister said on Monday. EU countries' energy ministers adopted a fresh set of policies on Friday to attempt to tame high energy costs, including windfall profit taxes on energy firms. But states are divided over what to do next - with many calling for an EU-wide cap on gas prices, but others, including Europe's economic powerhouse Germany, opposed.
OSB GROUP PLC ISIN: GB00BLDRH3603 October 2022 LEI: 213800ZBKL9BHSL2K459 OSB GROUP PLC (the Company) Transaction in Own Shares and Total Voting Rights The Company announces that on 30 September 2022 it had purchased a total of 550,847 of its ordinary shares of £0.01 each on the London Stock Exchange, BATS Exchange and CHIX Exchange through the Company's broker Citigroup Global Markets Limited as detailed below. The repurchased ordinary shares will be cancelled. London Stock ExchangeCHIXBATSNumbe
UK consumers cited rising inflation as a major concern as the cost of living bites.
(Reuters) -France's Faurecia said its project to develop a new generations of hydrogen tanks was granted 213 million euros ($209 million) of support from the European Commission as part of the Hydrogen IPCEI programme. Faurecia's "Historhy Next" project aims to develop new generations of hydrogen tanks, both gaseous and liquid, by the end of 2027, it said in a statement. Faurecia, part of the Forvia group formed after its merger with German car parts company Hella, added that production would start in 2024 at its Allenjoie plant in France's Bourgogne-Franche-Comté region, with a goal of producing more than 100,000 units per year.
Vodafone is preparing the biggest test yet of takeover laws meant to protect national security with plans to merge its British operation - including its sensitive undersea cables - with a Chinese-owned rival.
The bakery chain said selling value-for-money meals in an environment where consumers are facing significant cost pressures has helped its trading.
The government-assisted affordable housing scheme comes to an end next year, but the deadline for applications is just a few weeks away.
Restaurant chain buys 74 outlets from London-based franchise leader Karali Group
Britain's Prime Minister Liz Truss defended her contentious plan to kick-start economic growth through tax cuts, despite expectations Tuesday of a second damaging U-turn.
InterRent refused to give it to me because I only had my old-fashioned paper driving licence