Deadly storms that have disrupted copper mines in Chile could amplify market strains, strategists say, as the U.S. and China battle for supply of the critical industrial metal, in turn pushing prices higher. Although the immediate outages appear limited, mining disruption in Chile — which accounts for more than a fifth of global copper production…
Outdoor enthusiasts travel by canoe through several of the hundreds of fresh water lakes that make up the Boundary Waters in the northern woods of Minnesota. Andrew Lichtenstein | Corbis News | Getty Images The Senate on Thursday overturned a mining moratorium in Minnesota’s Superior National Forest, a boon for a Chilean mining company subsidiary…
Gold and silver joined a broad sell-off on Thursday, with the metals shedding 2% and 5.5%, respectively, as fears about the Iran war and inflation gripped global markets. At 6:26 a.m. ET, spot gold was down 2.8% at $4,682.78 an ounce. Front-month gold futures were down 4% at $4,700.20. Stock Chart IconStock chart icon Gold…
Investors have poured money into emerging markets in recent years as the search for big stock gains has migrated overseas and as they look for diversification beyond the concentrated S&P 500. But the U.S.-Iran military conflict has reframed the concentration question, highlighting the level of risk in emerging markets when it comes to gains being…
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images LONDON — European stocks are expected to open lower on Tuesday as investors keep an eye on earnings. The U.K.’s FTSE index is seen opening 0.2% lower, and Germany’s DAX, France’s CAC 40 and Italy’s FTSE MIB are all seen down 0.4%,…
This report is from this week’s CNBC’s UK Exchange newsletter by Ian King. Like what you see? You can subscribe here. The dispatch Ian Holloway, one of the most eccentric managers in British football, is famous for his idioms and sayings. One of his most celebrated came when, in May 2004, his Queens Park Rangers team…
