Teck planning full exit from coal business, in event of partial sale will spin off remainder – The Globe and Mail

[ad_1] Images are unavailable offline. Teck Resources chief executive officer Jonathan Price said in a conference call last month that there has been ‘a lot of interest’ in the coal…

Teck planning full exit from coal business, in event of partial sale will spin off remainder

[ad_1] Open this photo in gallery: Teck Resources chief executive officer Jonathan Price said in a conference call last month that there has been ‘a lot of interest’ in the…

FTSE swings higher on hopes of cooling inflation

[ad_1] L ondon’s markets recovered ground amid growing hopes across the continent that central banks will pause recent interest rate hikes. In the City, the broad improvement in sentiment helped…

Glencore profits halve as commodity prices retreat

[ad_1] Receive free Glencore updates We’ll send you a myFT Daily Digest email rounding up the latest Glencore news every morning. Swiss mining and trading group Glencore has reported a…

FTSE 100 Live: IHG, Abrdn, Glencore post results, shares lower

[ad_1] FTSE 100 under pressure, Greggs and Dunelm shares support FTSE 250 China-facing stocks came under pressure after the country’s weaker-than-expected set of trade figures. Imports fell 12.4% in July,…

Glencore Profit Plunges on Commodity-Price Decline

[ad_1] Glencore reported a 50% drop in first half adjusted earnings to $9.4 billion, reflecting the normalization of energy market imbalances, and the decline of commodity prices. [ad_2] Source link

London markets drop as gilt yields swing higher

[ad_1] L ondon’s markets slid during a weak session on Monday as pharmaceuticals and mining firms were among the biggest fallers. Sentiment was broadly lower as traders sold off stocks…

Farmers Worry $8.2 Billion Agriculture Deal Will Diminish Competition

[ad_1] Consumer advocates are saying that Bunge’s $8.2 billion agreement to buy Viterra could drive up prices, while Bunge says the companies don’t overlap. [ad_2] Source link

Hopes about Chinese economy boost FTSE’s miners

[ad_1] S hares in London were lifted higher on Wednesday thanks to a boost for the country’s natural resources sector. The FTSE 100 ended the day up 0.1%, or 7.96,…

European stocks lift as US inflation slows to two-year low

[ad_1] E uropean stocks moved higher on Tuesday after new figures showed US inflation fell to a two-year low last month as the cost-of-living squeeze abates. The US Consumer Prices…