Anglo American has agreed a deal to take majority control of Arc Minerals' Zambia copper-cobalt exploration licences, a source with direct knowledge of the matter said, which is Anglo's first investment in Zambia in 20 years.
Siemens will quit the Russian market due to the war in Ukraine, it said on Thursday, taking a 600 million euro ($630 million) hit to its business during the second quarter, with more costs to come.
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Toyota Motor Corp rolls out its first mass-produced battery electric car in Japan on Thursday for lease only, a strategy the automaker says will help ease driver concerns about battery life and resale value but has raised analysts' eyebrows.
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Global stocks down, euro slumps over growth and inflation worries
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Global shares sank to their lowest point in 18 months on Thursday as high inflation, rising interest rates and energy supply fears in Europe have investors worried about an economic slowdown.
Asian stocks fell to an almost two-year low and the dollar hit its highest in two decades on Thursday as data showed U.S.
Stocks fell and the dollar held firm on Thursday as data showed U.S.
East Asian economic leaders warned on Thursday of risks to the region's outlook and pledged to remain committed to market stability and sound fiscal policy.
The dollar climbed to a fresh 20-year high on Thursday as concerns persisted that central bank actions to drive down high inflation would crimp global economic growth, boosting the currency's safe-haven appeal.
The dollar climbed to a 20-year high on Thursday as concerns persisted that central bank actions to counter high inflation would crimp global economic growth, boosting the currency's safe-haven appeal.
The dollar rose to fresh two-decade highs on Thursday as concerns that tighter monetary policies to tame surging inflation will hurt the global economy dampened risk sentiment and drove investors into safe-haven currencies.
The dollar hit a two-decade high on Thursday after U.S. inflation moderated less than markets had expected, keeping the Federal Reserve on course to tighten policy aggressively.
The U.S. dollar held near a two-decade high on Wednesday after U.S.
The products were shipped to Whole Foods stores nationwide.
The tech company was surpassed by Saudi Arabian oil giant Saudi Aramco.
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Gold and other precious metals dropped on Thursday, with palladium shedding more than 8%, as investors flocked to the dollar driven by bets the U.S.
Gold prices wobbled in choppy trade on Thursday, as the dollar hit a 20-year high, balancing support from lower Treasury yields, after monthly U.S.
Gold steadied on Thursday, after U.S. inflation data lifted prices over 1% in the previous session, as traders were cautious about the Federal Reserve's policy stance amid fears of a build-up in underlying inflation pressures.
Gold prices inched lower on Thursday as the dollar scaled a fresh two-decade peak after April U.S.
Gold and other precious metals dropped on Thursday, with palladium shedding more than 8%, as investors flocked to the dollar driven by bets the U.S.
Gold fell on Thursday, dragging other precious metals along, as the dollar scaled a fresh two-decade on renewed expectations the Federal Reserve would stick to its aggressive rate-hike roadmap.
