FTSE 100 falls ahead of the Italian referendum – but the pound tries to keep its chin up December 2, 2016 The FTSE 100 slid almost one per cent in morning trading today, as jitters over the outcome of the Italian referendum and the higher oil price conspired against equities. The UK's blue-chip market was down 0.9 per cent at 6,693 points in mid-morning trading, pushed down by minters and oil giants, after oil prices jumped this [...]
Shares in Aim-listed nickel sulphide explorer Amur Minerals skyrocket 200 per cent in a month November 23, 2016 An Aim-listed nickel sulphide explorer's share price has risen 200 per cent in the last month and 60 per cent in the last five days after a slew of new agreements. Amur Minerals, which is developing the Kun-Manie nickel, copper and sulphide project in the far east of Russia, got a 21 per cent share [...]
From the Aston Martin Vanquish S to the Mercedes-Maybach S650 Cabriolet: The five coolest supercars at the LA motor show so far November 16, 2016 Any petrolhead worth their salt is keeping a close on eye on the LA Motor Show. Kicking off on 14 November and running until 27 November, it's a bumper motoring occasion for the calendar with a load of exciting model debuts unveiled. It may be only a few days in but we've already had a [...]
Bright future ahead for UK plc, as profits are up at two thirds of UK companies November 14, 2016 Two thirds of UK companies have seen their sales rise by 9.1 per cent this year after a long period of falling profits, as analysts predict a positive future for UK-based corporates. According to the latest Profit Watch from The Share Centre, UK company revenues fell by 0.8 per cent overall this year, dragged down [...]
Copper prices are eyeing up their biggest weekly rally in 35 years following Donald Trump’s pledge to boost infrastructure spending November 11, 2016 Copper prices are eyeing their biggest weekly rally in 35 years today following US president-elect Donald Trump's commitment earlier this week to boost infrastructure spending. Three-month copper on the London Metal Exchange was trading up 3.5 per cent to $5,601 per tonne, a level it hasn't reached since mid-2015, and up more than $700 since [...]
Precious metal firms rise to the top of the FTSE 100 following Donald Trump win November 9, 2016 Precious metal producer Fresnillo has ploughed to the top of the FTSE 100 this morning after Donald Trump won the 2016 US Presidential election. Metals stock is gaining traction as investors move away from equities towards safe haven investments such as gold. Shares in Mexico-based precious metals group Fresnillo were up 9.69 per cent shortly after markets opened, [...]
Glencore lands thermal coal supply deal for $95 a tonne with Japanese utilities in one-third price boost October 24, 2016 Glencore has signed a year-long contract to supply Japanese utility companies with Australian thermal coal for almost $95 a tonne. The spot price of Australian thermal coal, which is the Pacific benchmark, reached $100 last week for the first time in four years. The material is mostly used in power generation and has rallied to almost double [...]
BHP Billiton has rejected criminal charges filed in Brazil against the Samarco Mineracao disaster October 20, 2016 BHP Billiton has rejected the charges against it regarding the Samarco Mineracao mine disaster in Brazil in November 2015. The world's biggest miner noted the statement from the Brazilian Federal Prosecution Office that it had filed criminal charges against BHP Billiton, before the Federal Courts of Ponte Nova, Minas Gerais. Read more: BHP Billiton aims for half of workforce [...]
BHP Billiton chairman Jac Nasser announces he will not seek re-election next year October 20, 2016 The chairman of BHP Billiton will step down next year after seven years of leading the board of the world's biggest miner. Australian Jac Nasser, who was appointed chairman in March 2010 and has been a board member since 2006, told shareholders at BHP's annual meeting in London today that he will not seek re-election next year. "Last [...]
BHP Billiton aims for half of workforce to be women by 2025 October 19, 2016 The world's largest mining company has set an ambitious new target for gender parity and will aim for women to comprise half of its workforce for 2025. BHP Billiton (BHP) will announce the new goal at its annual general meeting in London today. At present, 17 per cent of the FTSE 100 miner's 65,000 employees are women. Read [...]