FTSE 100 and Wall Street push higher on economic recovery hopes March 9, 2021 Wall Street pushed higher and the FTSE 100 reversed early loses to post modest gains today as investors were buoyed by optimism about global economic recovery and more US stimulus. All three major US indices pushed higher, with the tech-heavy Nasdaq rebounding after a steep decline in yesterday’s trading. As the end of trading neared, [...]
Best of travel: Rampaging through Dartmoor in an Aston Martin March 5, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Adam Hay-Nicholls’ tour through the rugged terrain of Dartmoor in an Aston Martin Vanquish. ••• It’s the tail-end of dusk in Devon and silence is broken. Thundering down the twisting A382 from Exeter to [...]
Wall Street slips despite better than expected US jobs data March 4, 2021 US stocks opened lower on Thursday as Wall Street reckoned with yesterday’s technology-led selloff, despite new data showing an improved US employment market. The tech-heavy Nasdaq slid 2.4 per cent this afternoon, with carpet company Dixie Group pulling the index down with a 48 per cent drop. Tesla shares extended yesterday’s loss of more than [...]
Best of travel: The luxury yacht with more toys than Hamleys March 3, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Adam Hay-Nicholls’ stay on what might be the best pound-for-pound yacht in the world. ••• Luxury journalism: It won’t make me a billionaire, but I do get to act like one on occasion. The [...]
Rio Tinto chairman to step down over destruction of sacred site March 3, 2021 The chairman of Rio Tinto will step down as the mining giant has come under fire for destroying a sacred cave system in Australia. The global outcry over the destruction of the 46,000-year old Aboriginal site, known as Jukkan Gorge, has led the US government to rethink its plan for Rio Tinto and BHP to [...]
Glencore’s Australia mine expansion ‘threatens sacred sites’ March 2, 2021 Expansion at an Australian mine run by Glencore puts several sacred Aboriginal sites at risk, an inquiry heard on Tuesday. The head of a Northern Territory oversight authority said that a range of locations including a historical quarry were in danger. Glencore’s McArthur River Mine received approval from the territory’s mining minister last year to [...]
BHP profits from operations leap to $9.8bn February 16, 2021 The world’s largest miner reported its best first-half profit in seven years on Tuesday. BHP Group was buoyed by China’s strong appetite for iron ore to support infrastructure. China’s reliance on commodity-intensive measures to sustain economic growth has sent prices of raw materials to multi-year highs. The Covid-19 vaccination push has also brightened outlook for [...]
FTSE 100 bounds ahead despite housebuilders taking a tax hit while US stocks soar February 10, 2021 FTSE 100 bounds ahead despite housebuilders taking a tax hit
US markets surge to a record and FTSE starts the week on a high February 8, 2021 US markets surge to a record and FTSE starts the week on a high
Vale signs $7bn settlement for deadly Brazil dam disaster February 4, 2021 Mining giant Vale today said it will pay $7bn to a Brazilian state to settle a case originating from a deadly dam disaster in 2019.