Ivan Glasenberg wanted to buy Canada’s Teck Resources to bulk up Glencore’s base metals and coal operations. His successor now is halfway there.
Insurers and banks buoyed the ASX on Friday after Wall Street inched lower,as pressure from the bond market stays high due to worries about a too-hot US job market.
A break in the close correlation between oil prices and the greenback has set off alarm bells.
The Australian sharemarket stepped up on Friday as Wall Street ticked higher after pressure squeezing it from the oil and bond markets relaxed a bit.
The Australian sharemarket traded slightly lower on Thursday despite strength in the energy sector on the back of rising oil prices as consumer stocks fell.
The one commodity that should be getting hammered by China’s worsening property crisis is actually doing rather well. That’s good news for Australia.
Hancock Prospecting’s lawyer rubbished his opponents’ characterisation of Lang Hancock’s letter to his daughter,insisting it was of “peripheral relevance”.
WA’s environmental watchdog has invited public comment on whether it should undertake a detailed independent review of Alcoa’s mining in WA’s jarrah forests.
Rio Tinto’s Jakob Stausholm insists Australia’s iron ore sector is in a strong position to ride out any deeper price falls amid worries about China’s economy.
The deal,brokered by the UN and Turkey last July,aimed to alleviate a global food crisis by allowing Ukrainian grain to be exported safely.
Traffic was stopped from using the Russian-built bridge linking Russia to Crimea,which Moscow seized in 2014,said Russian officials.