Menendez says U.S. sanctions on Russia’s Deripaska should remain
WASHINGTON, Dec 5 (Reuters) – The top Democrat on the Senate Foreign Relations Committee on Wednesday urged the Trump administration not to waive or remove sanctions on Russian oligarch Oleg Deripaska or two companies he controls. In a letter to U.S. Treasury Secretary Steve Mnuchin, Senator Bob Menendez cited unspecified reports that Treasury was considering […]
Kupfer und Nickel stabilisiert
(shareribs.com) London 05.12.2018 – Die Metallpreise zeigen sich in London uneinheitlich. Die jüngsten Konjunkturdaten aus China und den USA zeichnen ein durchwachsenes Bild. Der Handelsstreit zwischen China und den USA ist weiterhin Thema. Kupfer und Nickel haben sich am Nachmittag an der London Metal Exchange stabilisiert. Für Kupfer ging es zuvor aber auf ein Wochentief, bedingt […]
U.S.-China trade conflict hurting German car sector – VDA
FRANKFURT/BERLIN, Dec 5 (Reuters) – A trade spat between the United States and China is leaving its mark on Germany’s automotive sector with the number of new vehicles in the Chinese market expected to fall this year, the VDA industry association said on Wednesday. China is the most important and historically the fastest growing market […]
Palladium outshines gold for first time in 16 years
BENGALURU, Dec 5 (Reuters) – Palladium is more valuable than gold for the first time since 2002, with prices soaring by around 50 percent in less than four months to record levels — just as gold failed to capitalise on some seemingly bullish scenarios. A sustained supply deficit coupled with robust demand and rising interest […]
Copper drifts to 1-week low as U.S.-China tensions rekindled
LONDON, Dec 5 (Reuters) – Copper fell to its lowest level in a week on Wednesday after comments by U.S. President Donald Trump stoked more worries about trade tensions with top metals consumer China. Most other industrial metals were in the red due to concern about growth in China and after the country’s currency slipped. […]
Caution over U.S-China trade war truce pulls copper down
LONDON, Dec 4 (Reuters) – Copper eased on Tuesday as markets awaited immediate action by the United States and China to de-escalate a damaging trade tariff dispute after the two countries agreed to a 90-day ceasefire at the weekend. But other metals held on to the previous session’s gains, powered by a weaker dollar. At […]
Devisen: Euro legt zu – Pfund im Aufwind
FRANKFURT (dpa-AFX) – Der Kurs des Euro ist am Dienstag in Richtung der Marke von 1,14 US-Dollar gestiegen. Am Vormittag kletterte der Kurs bis auf 1,1398 Dollar. Damit kostete die Gemeinschaftswährung rund einen halben Cent mehr als am Vorabend. Die Europäische Zentralbank (EZB) hatte den Referenzkurs am Montagnachmittag noch auf 1,1332 Dollar festgesetzt. Am Dienstag […]
BMW, BASF and Samsung launch initiative for sustainable cobalt mining
Driving cars emissions free seems like an amazing prospect but few people stop to think about what that implies. The sudden rise in demand for batteries led to a similarly abrupt increase in demand for the metals they are made of and that raised questions about how they are sourced. Various news reports claim that […]
VW mit Problemen beim US-Absatz
Detroit (dpa) – Volkswagen bekommt auch im US-Absatz die Schwierigkeiten mit der Einführung neuer Abgastestverfahren in der EU zu spüren. Im vergangenen Monat verkaufte die Kernmarke des VW-Konzerns in den USA mit 26.789 Autos acht Prozent weniger als ein Jahr zuvor, wie das Unternehmen mitteilt. Auch insgesamt schaltete der US-Markt im November trotz üppiger Rabatte […]
Indonesia says two companies can resume nickel ore exports
JAKARTA, Dec 4 (Reuters) – Indonesia has granted permission for two commodity companies in the country to restart exports of nickel ore as they have made progress on smelter projects, a government spokesman said on Tuesday. Indonesia grants mineral ore export permits to firms building smelters and reviews their construction progress every six months. The […]
