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Swedish mining company Boliden has inaugurated the expanded Odda zinc smelter in Norway, a century after the region’s initial zinc production, driven by the region’s hydropower development. The company has labelled the facility the “world’s most climate-efficient” zinc smelter, aiming to nearly double its production capacity. Boliden’s investments in the Odda facility will increase the smelter’s production capacity to 350,000 tonnes per annum (tpa) from 200,000tpa previously. This expansion not only enhances production but also allows for the extraction of additional metals from the raw material, thereby reducing waste. The plant’s efficiency is highlighted by its capacity to produce 1,000…
(Bloomberg) — Heavy selling resumed in Wall Street’s largest technology companies, with American shares snapping a two-day rebound amid signs investors are paring exposure in US risk assets. European stocks gained. Most Read from Bloomberg One day before a Federal Reserve decision that will be parsed for an assessment on how President Donald Trump’s trade policies are affecting the economy, US equities slid, with megacaps hitting the lowest since September. Nvidia Corp. fell 3% despite plans to develop 6G networks and work with General Motors Co. on self-driving cars. Data showing hot import prices didn’t help market sentiment either. Treasuries…
(Bloomberg) — Heavy selling resumed in Wall Street’s largest technology companies, with American shares snapping a two-day rebound amid signs investors are paring exposure in US risk assets. European stocks gained. Most Read from Bloomberg One day before a Federal Reserve decision that will be parsed for an assessment on how President Donald Trump’s trade policies are affecting the economy, US equities slid, with megacaps hitting the lowest since September. Nvidia Corp. fell 3% despite plans to develop 6G networks and work with General Motors Co. on self-driving cars. Data showing hot import prices didn’t help market sentiment either. Treasuries…
Recently we took a detailed look at the Top 10 Trending Stocks and Apple Inc. (NASDAQ:AAPL) was one of the stocks that were highlighted in that article. The volatile tariff policies of the new US administration and a slowdown in AI-related enthusiasm took a toll on the market over the past few weeks. However, some analysts believe a rebound is due. Fundstrat’s Tom Lee said in a latest program on CNBC that he believes the US stock market will begin to recover starting April 2. Here is how Lee explained the reasons behind his positive outlook: “When markets fall this quickly…
(Bloomberg) — Israel launched overnight airstrikes across Gaza that Hamas said killed hundreds of people, shattering a nearly two-month ceasefire with the Palestinian group. Most Read from Bloomberg Prime Minister Benjamin Netanyahu vowed Tuesday to act “with increasing military strength,” saying Hamas had repeatedly refused to release its remaining hostages. The move brought to an abrupt end any immediate hope the truce would be extended into a second phase, initially slated for the start of this month. As well as freeing the roughly 60 captives still in Gaza, Israel wants Hamas to disarm and step down from power in the…
NEW YORK (AP) — Wall Street swung back down on Tuesday, and its former superstars once again led the way. The S&P 500 dropped 1.1% for its latest swerve in a scary ride, where it tumbled by 10% from its record and then rallied for two straight days. The Dow Jones Industrial Average fell 260 points, or 0.6%, and the Nasdaq composite sank 1.7%. Tesla was one of the heaviest weights on the market after falling 5.3%. The electric-vehicle maker’s stock has been struggling on worries that it will lose sales because of anger at its CEO, Elon Musk, who…
(Bloomberg) — Saudi Arabia’s wealth fund is set to tap a broader array of investors and pursue debt sales through its subsidiaries, as it grapples with the scale of the kingdom’s spending ambitions. Most Read from Bloomberg The Public Investment Fund is weighing a debut euro-denominated bond this year and plans to tap onshore US investors for the first time, according to people familiar with the matter. It’s also encouraging subsidiaries to borrow independently, with Neom Co. and AviLease among firms potentially issuing debt, some of the people said, declining to be identified discussing confidential information. These plans represent a…
Jim Mullen took home £1.25m last year – Eddie Mulholland The boss of the publisher behind the Daily Mirror has seen his pay more than double despite anger among staff over recent job cuts. Jim Mullen, the chief executive of Reach, which also owns the Express and regional titles such as the Manchester Evening News, took home £1.25m last year after he was awarded the maximum possible bonus of £662,000. That was up from £564,000 in 2023, when the newspaper boss agreed to forgo a bonus and increase to his base salary. Mr Mullen’s bonus is more than a thousand…
Vancouver, Canada–(Newsfile Corp. – March 7, 2025) – Turnium Technology Group Inc. (TSXV: TTGI) (FSE: E48) (“Turnium” or the “Company”) is pleased to announce that effective March 7, 2025, the British Columbia Securities Commission (“BCSC”) has revoked the temporary management cease trade order (the “MCTO”) which prevented the Company’s CEO and CFO from trading in the Company’s securities. The MCTO did not impact other shareholders, including the public, from trading. The Company confirms that on March 6, 2025, it filed the quarterly financial statements for the three months ended December 31, 2024, along with the management’s discussion and analysis and…
Three in 10 people have been put off committing to a recent major purchase due to financial worries, according to research for Which? The consumer group’s monthly consumer insight tracker found 28% of people said they had not made major purchases – including items such as cars, furniture and electronic devices – in the past month because they were worried about their future household finances. More than half (51%) of people had made at least one adjustment to cover essential spending such as utility bills, housing costs, groceries, school supplies and medicines in the past month. Adjustments include cutting back…