04:54 PM @ 31/07/2024
Anglo American swung to a loss in the first half of the year after taking a fresh $1.6 billion writedown on its Woodsmith fertilizer project in the UK, adding challenges to the company’s ongoing overhaul that involves shedding four units.SEE MORE04:44 PM @ 31/07/2024
One of the standout commodity stories so far this year has been China’s demand for thermal coal, with the world’s largest importer seeing record shipments arriving in the first half.SEE MORE04:37 PM @ 31/07/2024
Oil futures rebounded more than $1 a barrel from 7-week lows on Wednesday after the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East, but prices remain under pressure from concerns about weak China demand.SEE MORE04:33 PM @ 31/07/2024
Panasonic Holdings, opens new tab said on Wednesday its first-quarter operating profit fell 7%, weighed by lower sales at its battery-making energy unit and an output drop at its automotive battery factory in Japan, but kept its profit outlook for the year.SEE MORE04:01 PM @ 31/07/2024
U.S. business people expressed their enthusiasm toward potential opportunities arising from strong commercial ties between the United States and China.SEE MORE