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China tightens grip on Ivanhoe’s massive congo copper project
Zijin, one of China’s largest mining groups, is increasing its stake in Canada’s Ivanhoe Mines (TSX:IVN) to 13.88% from 9.8% by acquiring 35.7 million shares from CITIC Metal and 12.9 million shares from founder Robert Friedland for about C$194 million ($146m). The...
Overview Market Close – 8 october 2019
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 26,164.04 -313.98 -1.19% S&P 500 INDEX 2,893.06 -45.73 -1.56% NASDAQ COMPOSITE INDEX 7,823.78 -132.52 -1.67% NYSE COMPOSITE INDEX 12,590.91 -186.83 -1.46% S&P/TSX COMPOSITE INDEX 16,293.95 -130.57...
Caixin PMI – China services sector growth falls to seven-month low
(Reuters) - China's services sector grew at its slowest pace in seven months in September despite a strong increase in new orders, as operating expenses continued to rise at the end of the third quarter, a private survey showed on Tuesday. Services account for more...
German industrial output rises unexpectedly in August
(Reuters) - German industrial output rose unexpectedly in August, data showed on Tuesday, providing a shimmer of hope that an expected contraction in Europe's biggest economy in the third quarter would not be steep. Industrial output rose by 0.3% on the month, figures...