Mining companies in Chile seek input into the country’s new constitution

Mining companies in Chile seek input into the country’s new constitution
FILE PHOTO: An aerial view of Anglo American's Los Bronces copper mine at Los Andes Mountain range, near Santiago city, November 17, 2014. REUTERS/Ivan Alvarado BUENOS AIRES (Reuters) - Mining companies operating in Chile will seek to enter the constitutional debate set to start soon in the world’s top copper-producing nation as the firms try… Read More

Global mining trade group picks sustainability expert as new CEO

Global mining trade group picks sustainability expert as new CEO
JOHANNESBURG (Reuters) - The International Council on Mining and Metals (ICMM) said on Tuesday that it had appointed Rohitesh Dhawan, a managing director at Eurasia Group with expertise in climate change and sustainability, as the trade group’s new chief executive.The appointment of Dhawan, effective from April, reflects increased pressure on the mining industry to put… Read More

Rally in mining stocks helps Europe shake off earnings gloom

Rally in mining stocks helps Europe shake off earnings gloom
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 16, 2021. REUTERS/Staff/File Photo(Reuters) - European shares rose on Thursday as mining stocks tracked a jump in commodity prices and helped outweigh the impact from a clutch of disappointing earnings reports from companies including Airbus and… Read More

World stock markets slip on second wave virus fears, safe-havens rise

World stock markets slip on second wave virus fears, safe-havens rise
NEW YORK/LONDON (Reuters) – Global stock markets drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift economic comeback from the pandemic, underpinning demand for safe-haven currencies such as the dollar and Japanese yen. Traders wear masks as they work on the floor of the New York Stock... Read More

U.S. retail foot traffic rebounds, more staff at work, as lockdowns ease

U.S. retail foot traffic rebounds, more staff at work, as lockdowns ease
(Reuters) – Retail foot traffic recovered to approach pre-lockdown levels last week and businesses appeared to bring more employees back to the job, according to data from firms that collect cellphone location information and manage employee time for companies. FILE PHOTO: Shoppers enter a grocery store near a sign requesting social distancing, following reports of coronavirus disease (COVID-19) cases in... Read More

World stocks drift lower as second wave virus fears mount

World stocks drift lower as second wave virus fears mount
LONDON/TOKYO (Reuters) – Global stocks drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift world economic comeback from the pandemic. FILE PHOTO: A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district, whilst British stocks tumble as investors... Read More

Stocks drift as second wave virus fears mount

Stocks drift as second wave virus fears mount
LONDON/TOKYO (Reuters) – Global stocks drifted on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic. FILE PHOTO: A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district, whilst British stocks tumble as investors fear that the coronavirus... Read More

Asian stocks set to fall as Wall St. snaps three-day winning streak

Asian stocks set to fall as Wall St. snaps three-day winning streak
WASHINGTON (Reuters) – Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery. A man wearing a protective face mask, following the coronavirus disease (COVID-19) outbreak, is silhouetted in front of a stock quotation board outside a brokerage in... Read More

Stocks waver on rising COVID cases, dollar in safety bidding

Stocks waver on rising COVID cases, dollar in safety bidding
NEW YORK (Reuters) – Global equity markets closed little changed on Wednesday as a rally on economic and vaccine hopes faded, while fresh coronavirus outbreaks and rising geopolitical tensions in Asia boosted demand for the dollar and safe-haven debt. Optimism over a quick economic recovery has been tempered by more global cases of the coronavirus, including an outbreak in Beijing... Read More

Stocks gain on recovery hopes, dollar on safe-haven bid

Stocks gain on recovery hopes, dollar on safe-haven bid
NEW YORK (Reuters) – A gauge of global equities edged higher on Wednesday, adding to the prior day’s rally on economic and vaccine hopes, while fresh coronavirus outbreaks and rising geopolitical tensions in Asia boosted demand for the dollar and safe-haven debt. Optimism over a quick economic recovery has been tempered by more global cases of the coronavirus, including an... Read More