(Reuters) – A magnitude 6.8 earthquake struck near the coast of Northern Chile on Tuesday, the GFZ German Research Centre for Geosciences said, with local news media reporting some damage and minor landslides in areas near the epicenter. Chile’s interior minis... More »
LONDON (Reuters) – The euro and euro zone bond markets held out hope European Union leaders would strike a deal on a recovery fund for the bloc’s pandemic-ravaged economy on Monday, but the region’s stock markets took a cautious turn lower as talks paused. The... More »
LONDON (Reuters) – Stock market bulls were forced to a halt on Tuesday and high-flying currencies like the euro and Australian dollar lost altitude, as a weeks-long risk rally ran into some turbulence. It all seemed so sudden. Asian equities had scored their n... More »
MELBOURNE (Reuters) – At an outer suburban manufacturing plant, engineer Byron Kennedy is resetting a machine to spray-print a layer of copper on to a door handle, aiming to use the metal’s antiviral properties to counter the threat of the COVID-19 pandemic. H... More »
SANTIAGO (Reuters) – Chilean telescopes that comb the skies seeking answers about some of the universe´s most fundamental questions have confirmed they, too, have fallen victim to the mass disruption brought about by the new coronavirus. Observatories dotted a... More »
(Reuters) – 1/CHINA ON SICK LEAVE A leap in coronavirus cases in Hubei gave markets pause, for all of 24 hours. Then attention shifted back to the global case-count and the rally resumed. But while investors are focused on containment, the world’s second-bigge... More »
SANTIAGO (Reuters) – With residents and courts ringing the alarm about depleted water supplies in Chile’s Atacama salt flat, the world’s top lithium miner Albemarle (ALB.N) quietly filed a proposal in December for a network to monitor flows beneath the parched... More »
SHANGHAI/HONG KONG (Reuters) – Investors erased $420 billion from China’s benchmark stock index on Monday, sold the yuan and dumped commodities as fears about the spreading coronavirus and its economic impact drove selling on the first day of trade in China si... More »
BUENOS AIRES (Reuters) – Bolivia´s exiled former president Evo Morales on Sunday defended a call he made for the formation of armed groups, a recording of which was leaked on public radio. Speaking exclusively to Reuters on Sunday night in Argentina where he i... More »
BEIJING/SINGAPORE (Reuters) – China and the United States have agreed terms of a “phase one” trade deal under which Washington reduced some tariffs and Beijing canceled retaliatory duties that were previously scheduled to take effect on Dec. 15. Before Sunday’... More »
LONDON (Reuters) – Investment banks are beefing up trading teams in markets such as gas, metals and carbon permits that are flourishing as businesses and economies become greener, according to recruitment consultants. The shift in staffing at the world’s bigge... More »
LAUNCESTON, Australia – If the sharp plunge in China’s exports in February shows anything, it’s that a gap is opening between what the country is shipping out and its still resilient imports of major commodities. Exports dropped 20.7 percent in February from t... More »
LONDON (Reuters) – Glencore (GLEN.L) has appointed Peter Freyberg to the newly created role of head of industrial mining, the global trader and miner said on Monday, while its head of copper marketing Telis Mistakidis retires at the end of the year. The London... More »
LONDON (Reuters) – Signs that the Bank of Japan (BoJ) might scale back its monetary stimulus faster than expected sent tremors through bond markets on Monday, while European stocks and U.S. futures slipped as threats of further U.S. tariffs on China drained ri... More »
LONDON (Reuters) – Modest gains from Europe’s main bourses relieved nervy investors on Tuesday, after the latest escalation in an increasingly global trade storm pummeled Wall Street and sent China into ‘bear’ market territory. A 0.3 percent rise from the FTSE... More »
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, November 20, 2012. REUTERS/Arnd Wiegmann/File Photo TORONTO/MELBOURNE (Reuters) – As shareholders push the world’s cash-rich miners to ... More »
Chocfinger made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel. More »
Czech crown banknotes are seen in this picture illustration taken in Prague January 18, 2013. REUTERS/David W Cerny LONDON (Reuters) – A 40 percent surge in world tech stocks, a jump of almost a third in emerging markets and double-digit percentage gains for t... More »
FILE PHOTO: The logo of Kobe Steel (Kobelco) is seen at the company headquarters in Kobe, western Japan October 24, 2017. REUTERS/Thomas White/File Photo TOKYO (Reuters) – Kobe Steel Ltd (5406.T) said on Friday it has been hit with lawsuits over its data tampe... More »
FILE PHOTO: An employee rides a bike on a road near refinery plants of Chambroad Petrochemicals, in Boxing, Shandong Province, China, May 10, 2016. REUTERS/Meng Meng/File Photo BEIJING (Reuters) – China’s commodity imports roared back in November as supply wor... More »
Global miner Rio Tinto (RIO.AX)(RIO.L) signaled on Monday it will stick with its "value over volume" strategy, outlining further moves to boost shareholder returns and appointing a new chairman from within its board. More »
The Indonesian unit of Freeport-McMoRan Inc closed the main access road to its giant copper mine in the eastern province of Papua on Tuesday for the second time in three days after another shooting incident. More »
Kobe Steel Ltd said on Friday a lack of quality controls and a focus on profits was behind the widespread data tampering that has shaken up the supply chains of car and plane makers around the world. More »
Indonesia's military said on Friday it was prepared to take tough measures against rebels who have threatened to "destroy" the mining operations of Freeport-McMoRan Inc in the eastern province of Papua in their independence struggle. More »
Embattled Kobe Steel Ltd has decided to withdraw its forecast for the current financial year as it struggles to quantify the impact of its data falsification scandal, the Nikkei business daily reported on Monday. More »
Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker and a shareholder of Kobe Steel Ltd, is willing to provide support to Kobe if it receives any request, the president of Nippon Steel said on Monday. More »
Crisis-hit Kobe Steel Ltd (5406.T) said on Friday its steel division has also falsely labeled products, the latest in a string of revelations confirming widespread cheating at the firm that has engulfed its global customers. More »
China's real estate investment growth slowed in July, as official curbs continued to cool an overheated property market, reinforcing expectations of further slowing in second-half 2017. More »
Scientists searching for everything from oil and gas to copper and gold are adopting techniques used by companies such as Netflix or Amazon to sift through vast amounts of data, a study showed on Tuesday. More »
China’s iron ore imports rose 5.5 percent in May from a year earlier, recovering from a six-month low in April, as mills in the top steelmaking nation scooped up more raw material as they posted strong profits. More »
FILE PHOTO – A woman pauses as she shops at a wholesale market in Yiwu, Zhejiang province January 11, 2011. REUTERS/Carlos Barria/File Photo China’s producer price inflation picked up more than expected in January to near six-year highs as prices of steel and ... More »
A woman carrying her daughter casts her vote in a referendum on a peace deal between the government and Revolutionary Armed Forces of Colombia (FARC) rebels in Medellin, Colombia, October 2, 2016. REUTERS/Fredy Builes Colombians narrowly rejected a peace deal ... More »
ULAANBAATAR U.S. Secretary of State John Kerry hailed Mongolia as an “oasis of democracy” sitting in a tough location between Russia and China as he made a rare visit by a cabinet-level U.S. official on Sunday. Arriving from Paris, Kerry made the visit to Mong... More »
SYDNEY/LONDON The world’s largest miner BHP Billiton (BLT.L) (BHP.AX) is sitting on an $11 billion cash pile and what CEO Andrew Mackenzie does with the money will be a critical test of his ability to invest during the industry’s worst downturn in decades. Ann... More »
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