UK pub group Marston's rejects Platinum Equity's takeover offer

UK pub group Marston's rejects Platinum Equity's takeover offer

Marston's rejected a 666 million pound takeover proposal from Platinum Equity Advisors on Monday, saying it significantly undervalued the British pub operator....
February 02, 2021 at 06:12 am IST
Anglo American :  Shares rally, retail surge drives silver to 8-year high

Anglo American : Shares rally, retail surge drives silver to 8-year high

Global shares rebounded from last week's steep sell-off and silver prices surged on Monday as retail investors expanded their social media-fueled battle with Wall Street to drive the precious metal to...
February 02, 2021 at 02:43 am IST
Reddit is coming for silver. A short squeeze? Unlikely

Reddit is coming for silver. A short squeeze? Unlikely

Silver prices have rocketed to their highest since 2013 as retail investors, egged on by messages on Reddit, pile into the market in an attempt to push up prices, although most analysts and traders...
February 01, 2021 at 10:48 pm IST
Miners push British stocks higher; ASOS gains on Arcadia deal

Miners push British stocks higher; ASOS gains on Arcadia deal

British shares rose on Monday, led by gains in mining stocks as silver became the latest target of a retail investor trading frenzy, while fashion retailer ASOS gained on a deal to buy rival brands...
February 01, 2021 at 10:46 pm IST
PageGroup :  Wrapped in Brexit red tape, a UK freight firm struggles to trade

PageGroup : Wrapped in Brexit red tape, a UK freight firm struggles to trade

In just one month of post-Brexit trading, British logistics expert Jon Swallow has seen exports dive, prices rise and customers so desperate that he is practically offering a counselling service....
February 01, 2021 at 10:38 pm IST
India's tax increase on crude palm oil imports could reduce shipments

India's tax increase on crude palm oil imports could reduce shipments

India has imposed an additional tax on crude palm oil imports as the world's biggest importer of vegetable oils tries to build domestic agriculture infrastructure by taxing imports, Finance Minister...
February 01, 2021 at 10:19 pm IST
Zambian court denies Vedanta attempt to halt Konkola Copper Mines split

Zambian court denies Vedanta attempt to halt Konkola Copper Mines split

A Zambian court on Monday dismissed a motion by miner Vedanta Resources' seeking to stop a state-appointed provisional liquidator from splitting up its Konkola Copper Mines unit and selling the...
February 01, 2021 at 06:55 pm IST
PC Jeweller :  India cuts import tax on gold, industry expects drop in smuggling

PC Jeweller : India cuts import tax on gold, industry expects drop in smuggling

India slashed import duties on gold and silver on Monday in a surprise move that industry officials say could boost retail demand and curtail smuggling in the world's second-biggest bullion consumer....
February 01, 2021 at 05:09 pm IST
Retail mania propels silver prices to near 8-year peak

Retail mania propels silver prices to near 8-year peak

Silver rallied for a third straight session on Monday, soaring as much as 11.2% to a near eight-year peak as retail investors in Asia followed up frenzied buying by U.S. counterparts last week...
February 01, 2021 at 02:19 pm IST
Irish freight volumes to EU ports doubled in first month of Brexit

Irish freight volumes to EU ports doubled in first month of Brexit

Irish freight volumes to and from European Union ports doubled in January, the government said on Monday, as many traders shunned the once-speedier route to the continent through Britain due to Brexit...
February 01, 2021 at 01:39 pm IST
India slashes base import price of crude palm oil by $36 per tonne

India slashes base import price of crude palm oil by $36 per tonne

India slashed the base import price of crude palm oil by $36 to $1,013 per tonne, the government said in a statement late on Friday....
January 30, 2021 at 10:43 am IST
Silver extends golden run as retail frenzy persists

Silver extends golden run as retail frenzy persists

Silver continued a blistering rally on Friday, taking its gains to around 10% since messages began to circulate on Reddit on Thursday morning urging retail investors to pile into the market and drive...
January 29, 2021 at 10:08 pm IST
China's Shandong ramps up industrial safety checks after gold mine blast

China's Shandong ramps up industrial safety checks after gold mine blast

China's northeastern province of Shandong plans to launch inspections of key industrial sectors in a bid to uncover safety risks after a gold mine explosion killed at least ten miners, state-backed...
January 29, 2021 at 09:55 am IST
Reddit raiders swarm silver stocks as GameStop, BlackBerry retreat

Reddit raiders swarm silver stocks as GameStop, BlackBerry retreat

Shares of silver mining companies were swept up into retail investors' battle with Wall Street on Thursday, with some notching double-digit gains driven by social-media hyped stock buying....
January 29, 2021 at 01:36 am IST
India rice prices hit two-year peak; Vietnam grapples with supply woes

India rice prices hit two-year peak; Vietnam grapples with supply woes

Rice export prices in India rose to their highest level in nearly two years on the back of healthy demand and an appreciating rupee, while a slow harvest squeezed supply and lifted Vietnamese rates. ...
January 28, 2021 at 07:08 pm IST
Gold dips as dollar becomes preferred safe-haven

Gold dips as dollar becomes preferred safe-haven

Gold eased on Thursday as investors opted for the relative shelter of the U.S. dollar from waning risk-on sentiment and after the U.S. Federal Reserve expressed worries over the slow pace of economic...
January 28, 2021 at 07:01 pm IST
Swiss gold exports fell to record low in 2020 as pandemic upended trade

Swiss gold exports fell to record low in 2020 as pandemic upended trade

A collapse in shipments to China and India, whose vast jewellery markets were partially shut by the coronavirus, drove Swiss exports of gold in 2020 to the lowest since at least 2012, customs data...
January 28, 2021 at 05:08 pm IST
Gold demand plunged to 11-year low in 2020 as virus upended trade - WGC

Gold demand plunged to 11-year low in 2020 as virus upended trade - WGC

Global demand for gold fell to its lowest in 11 years in 2020 as the coronavirus upended the market, triggering huge stockpiling by investors but collapsing sales of jewellery and purchases by central...
January 28, 2021 at 11:55 am IST
Gold hits more than one-week low on doubts over stimulus bill, firm dollar

Gold hits more than one-week low on doubts over stimulus bill, firm dollar

Gold prices fell to a more than one-week low on Wednesday, pressured by concerns over the U.S. stimulus bill and strength in the dollar as markets awaited the Federal Reserve's latest policy decision....
January 27, 2021 at 09:55 pm IST
China Petroleum & Chemical :  bought about 200 million gallons of U.S. ethanol for H1 2021 -ADM

China Petroleum & Chemical : bought about 200 million gallons of U.S. ethanol for H1 2021 -ADM

China has bought roughly 200 million gallons of U.S. ethanol for the first half of 2021, matching its previous record for annual imports of the corn-based biofuel, Archer Daniels Midland Co Chief...
January 27, 2021 at 01:48 pm IST