Chinalco (Xiong’an) Mining, a subsidiary of the Aluminum Corporation of China, has agreed to acquire a 95% stake in the Opuwo Cobalt-Copper Project in Namibia from Celsius Resources for $15m (101.88m yuan). The transaction follows the execution of a binding share sale agreement between the two parties. The Opuwo Project in the Kunene Region of…
Dubai and other Middle Eastern countries are bracing for an influx of cryptocurrency firms as new rules drive companies out of the European Union (EU). Crypto companies are reportedly heading for Dubai and the United Arab Emirates (U.A.E.) as the European Union’s Markets in Crypto-Assets regulation (MiCA) comes into force on July 1. The new…
The effort to sell Atom Bank is close to being abandoned after the process failed to produce offers matching the £600m valuation sought by its shareholders, reported The Financial Times. Sources told the publication that investors in the Newcastle lender, among them BBVA of Spain and asset manager Toscafund, are weighing whether to stop the…
UK firms supporting people to buy, trade and hold crypto must now meet clear standards under landmark rules set out by the FCA. All firms must meet financial resilience requirements including capital and stress testing. The FCA is also introducing new market integrity rules covering areas such as insider trading and market manipulation. The new…
Hormel Foods is to offload its business in Brazil to domestic food producer Zanchetta Alimentos as the US group looks to “simplify and streamline its portfolio”. Zanchetta Alimentos is acquiring a business operating under the Ceratti brand and which includes production. The financial terms of the deal were not disclosed. In a brief statement yesterday…
Summary MDU Resources Group Inc. is a natural gas utility with smaller electric utility operations. The company was founded in in 1924 as a small utility until it branched out into the construction industry. It spun off two construction service companies in 2023 and 2024. Through its four regulated utilities it provides generation, transmission, and…
Summary Treasury bond yields have backed up on fears of oil-price driven inflation in the months ahead, this as the war in Iran remains unresolved. Corporate bond yields have risen as well — but at a slower rate as bondholders are now less concerned over the risks of recession, given positive trends in employment. As…
By Mike Dolan June 30 (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It’s halftime for 2026 markets as the whistle blows on a turbulent and volatile first six months of the year. Despite the energy-shocking four-month Iran war and rancorous geopolitics over Venezuela, Greenland and…
Summary The volume of transactions made by corporate executives, directors, and beneficial owners is predictably starting to lessen as earnings season approaches and insiders are broadly prohibited from trading in advance. The weekly data from Vickers Stock Research shows that about 1270 insider transaction met the criteria for inclusion in Vickers’ Weekly Insider Report this…
September S&P 500 E-Mini futures (ESU26) are up +0.10%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.16% this morning, putting the major indexes on track for their strongest quarterly gains in years. The price of WTI crude was little changed on Tuesday ahead of the expected U.S.-Iran talks in Qatar. U.S. President Donald Trump…
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