(Reuters) -North American pilots and flight attendants are pushing for better pay and working conditions during their talks over new job contracts with company managements. Members at some unions have voted to authorize a strike if a new contract is not reached. The aggressive stance comes as the U.S. airline industry struggles to boost staff…
The mining industry in 2024 stands at a crossroads marked by a dynamic interplay of reduced capital expenditures, evolving market demands, heightened environmental, social, and governance (ESG) scrutiny, and strategic shifts by leading companies. This comprehensive analysis, which incorporates insights from recent reports and the investment trends in top mining stocks, aims to provide a…
In a time where the biggest tech companies are constantly trying to outdo each other, Alphabet (that’s the company that owns Google) recently shared some news about how it’s doing money-wise. And it’s mostly good news! They made more money than people thought they would, with a total revenue of $76.69 billion in the last…
Australia’s mining queen, Gina Rinehart, renowned for her dominance in the iron ore industry, is making waves again. But this time, she’s shifted her gaze towards lithium. Holding an impressive near-17% in Liontown Resources Ltd., she’s adding unexpected twists in its A$6.6 billion takeover by the American colossus, Albemarle Corp. But what does Rinehart want?…
Barrick Gold, a leading mining company, is known for its substantial gold and copper production, sales, and exploration activities. Operating globally, Barrick Gold has a diverse portfolio of mines and projects in regions like North America, South America, Australia, and Africa. As an industry leader, the company constantly endeavors to be the foremost gold mining…
Spot gold eased 0.1% to $1,819.98 per ounce by 2:04 p.m. EDT (1804 GMT). U.S. gold futures settled 0.2% lower at $1,831.80 per ounce. “The whole narrative of holding rates higher for longer is the big reason why people are removing positions from gold as the opportunity cost of holding it has risen,” Bart Melek,…
Gold extended its decline for a sixth straight session on Monday to hit a near seven-month trough, as a robust dollar and prospects of higher U.S. interest rates took the shine off bullion. Spot gold was down 0.9% by 1:52 p.m. EDT (1752 GMT) at $1,831.70 per ounce, its lowest level since early March….
Gold, the timeless hedge against financial turbulence, is not behaving as anticipated by long-term bulls. The recent price trends beg the question: how should investors navigate this anomaly? Snapshot: The Recent Plunge We saw Comex gold futures for October diving by 0.7%, landing at a six-month low of $1,860.40. A retreat from its 52-week…
In a move to increase its grip over the digital domain, China has recently stepped up its regulations surrounding mobile applications. The Cyberspace Administration of China (CAC) has released the first list of compliant mobile app stores that have conformed to these revamped rules. Notably, some of the biggest tech giants in the region…
Crypto aficionado and respected analyst Nicholas Merten isn’t sugar-coating it; he’s warning of a seismic shakeup in the crypto realm. According to Merten, we’re looking at a massive $440 billion nosedive in the total valuation of the crypto market. But why should you sit up and take notice? Here’s the full scoop. What’s the…
