Basic Materials

China Slams New US Tariffs, Vows to Defend Economic Interests Amid Trade Tensions

Biden imposes extensive tariffs on Chinese imports, including semiconductors and EVs, escalating trade tensions. China vows to defend its interests and urges correction.


UK Faces Crop Shortfall Due to Wet Weather; Bread and Biscuit Price Hikes Expected

The Energy & Climate Intelligence Unit (ECIU) warns of potential price surges in bread, biscuits, and beer in the UK due to persistent wet weather...

Cocoa Prices Push Near Record Levels As Global Shortage Continues to Impact Market

Cocoa prices keep going up for a fifth consecutive day due to a shortage in supply, prompting concerns for traders and growers in countries like Ghana...

Home Depot to Open 4 New Distribution Centers for Home Professionals

Home Depot unveiled on Thursday its plan to open four new distribution centers explicitly designed for the needs of remodelers, contractors, and other home professionals...


Latest News

Australia's Bis Industries defers planned IPO
Bis Industries on Wednesday announced that it has scrapped its planned initial public offering. The KKR-backed Australian logistics company had been looking to raise AUD500 million (USD456 million) in
Teck, Newmont, Blackstone, Magris consortium new contender for Las Bambas in Peru
Teck Resources, Newmont Mining, Magris Resources and private equity firm Blackstone Group are reportedly bidding for Glencore Xtrata's Las Bambas copper mine in Peru. Las Bambas' estimated end-2014 va
ITALIAN COMPANY M&G CHEMICALS LAUNCHES HONG KONG INITIAL PUBLIC OFFERING OF ABOUT $600 MLN - TERM SHEET
ITALIAN COMPANY M&G CHEMICALS LAUNCHES HONG KONG INITIAL PUBLIC OFFERING OF ABOUT $600 MLN - TERM SHEET
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Monday including Greece banking, Fiat, BOFA, Mechel, Saputo, RBS, Lohmann, Carlyle Group, Monte dei Paschi di Siena, Kuwait Air
STRATEX ENTERS SUBSCRIPTION AGREEMENT FOR THE ACQUISITION OF UNITS OF TEMBO GOLD INC.
STRATEX ENTERS SUBSCRIPTION AGREEMENT FOR THE ACQUISITION OF UNITS OF TEMBO GOLD INC.
Trafigura divests stakes in African unit Puma for USD500 million
Switzerland-based Trafigura Beheer BV had put up for sale its stake in Puma Energy for USD500 million. Trafigura sold a part of its interest in the African unit to Angola's Sonangol Corporation and Co
Ikea’s online expansion boosted sales by 3.1%
Ikea's overall sales rose 3.1% to EUR 1.27 billion for the financial year to August. The home decor and building materials company recorded an impressive 29% increase in online sales, which allowed Ik
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Friday, including Microsoft, Comcast, Green Dot, Goldman Sachs and others.
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Thursday including Omnicom, General Motors, Deutsche Telekom, Devon Energy and others
European emissions rules help lift Johnson Matthey profit
Catalyst maker Johnson Matthey beat its own expectations with a 13-percent rise in profit, lifted by tighter European rules on emissions due to come into force in January.
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