Glencore PLC
In rare earth metals power struggle with China, old laptops, phones may get a new life
A stack of old mobile phones are seen before recycling process in Kocaeli, Turkiye on October 14, 2024. Anadolu | Anadolu | Getty Images As the U.S. and China vie for economic, technological and geopolitical supremacy, the critical elements and metals embedded in technology from consumer to industrial and military markets have become a pawn […]
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Mining firms power UK stocks to record high after 50% U.S. copper tariff confirmed
The smelting area, where the copper is smelted and then placed in molds and cooled, at the Codelco El Teniente processing facility in Machali, Chile, on Wednesday, April 2, 2025. Bloomberg | Bloomberg | Getty Images London-listed mining firms bounced on Thursday, shaking off recent losses to drive the U.K.’s FTSE 100 index to a […]
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London isn’t alone in facing listing challenges, LSEG CEO says – it’s a global problem
LSEG signage is seen on screens in the lobby of the London Stock Exchange in London, Britain, May 14, 2024. Hannah Mckay | Reuters London’s listing problem isn’t limited to the capital, with weakness in the U.S. and Asia too, according to the head of the London Stock Exchange Group. According to EY, there were […]
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CNBC Daily Open: The Fed might pause rates over Trump tariff concerns
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were, […]
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Philips tumbles 7% after sales miss expectations; Europe stocks open mixed
BAE Systems says order backlog at record high as revenue rises 14% Britain’s largest defense firm BAE Systems said on Wednesday that its order backlog rose 11% to a record high at the end of 2024, as it reported a 14% increase in annual revenue for 2024. Operating profit rose 4% to £2.69 billion ($3.39 […]
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Trump froze a bribery law that previously hit suppliers for Elon Musk’s Tesla
Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | Reuters The anti-bribery law whose enforcement President Donald Trump has suspended was previously used by the Department of Justice and financial regulators to win settlements totaling more than […]
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Why merger mania is coming to the fore in the mining industry
The Rio Tinto Group logo atop Central Park tower, which houses the company’s offices, in Perth, Australia, on Friday, Jan. 17, 2025. Bloomberg | Bloomberg | Getty Images The mining sector appears poised for a frantic year of dealmaking, following market speculation over a potential tie-up between industry giants Rio Tinto and Glencore. It comes […]
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CNBC Daily Open: Markets are getting ready for Trump 2.0
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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Goldman Sachs just refreshed its conviction lists of global stocks, giving 3 over 20% upside
Goldman Sachs has refreshed its lists of top global stock picks, adding some and removing others. The stocks are featured in the investment bank’s “Conviction List – Directors’ Cut,” which it says offers a “curated and active” list of buy-rated stocks. They are selected by a subcommittee in each region which “collaborate with each sector […]
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Rio Tinto in talks to buy lithium miner Arcadium, sources tell Reuters
Jakob Stausholm, chief executive officer of Rio Tinto Ltd., during a Bloomberg Television interview in New York, US, on Thursday, Sept. 26, 2024. Victor J. Blue | Bloomberg | Getty Images Rio Tinto has been holding talks to buy lithium miner Arcadium, three sources with direct knowledge of the negotiations said, a deal that would make […]
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