Chinese e-commerce giant Alibaba Group Holding Ltd kicked off its annual Singles' Day mega-shopping event on Wednesday, looking to cash in on consumers itching for discounts as the economy rebounds from the COVID-19 crisis.
An executive from China Minmetals Corp on Tuesday called for the creation of a Chinese zinc smelters group - along the lines of an existing collective for copper - to negotiate with miners on concentrate supply and pricing.
Meatpackers in Brazil such as JBS SA and BRF SA have yet to address key sustainability issues affecting investor perceptions of their industry, according to the Coller FAIRR Protein Producer Index released on Tuesday.
Short sellers betting against European and U.S. travel, leisure and bank stocks lost billions of dollars on Monday, after news of a COVID-19 vaccine triggered a rally in shares of companies that have suffered under months of virus-fueled restrictions and lockdowns.
Options investors, who helped push technology stocks to record highs with buying sprees earlier this year, are now taking aim at small-cap and other economically sensitive companies, reflecting a broader rotation into value shares on news of an effective COVID-19 vaccine.
Meatpackers in Brazil such as JBS SA and BRF SA have yet to address key sustainability issues affecting investor perceptions of their industry, according to the Coller FAIRR Protein Producer Index released on Tuesday.
The S&P 500 posted a modest loss and the Nasdaq closed sharply lower on Tuesday as promising news regarding an effective COVID-19 vaccine led investors away from market leaders and toward cyclical stocks associated with economic recovery.
Options investors, who helped push technology stocks to record highs with buying sprees earlier this year, are now taking aim at small-cap and other economically sensitive companies, reflecting a broader rotation into value shares on news of an effective COVID-19 vaccine.
Boeing Co lost another 12 orders for its grounded 737 MAX jetliner in October, and delivered 13 aircraft to customers, down from the 20 jets delivered in the same month a year ago, company data showed on Tuesday.
TUI is in talks with the German government on an extra 1.5-1.8 billion euros ($1.8-$2.1 billion) in state aid as two bailouts from earlier this year have not been enough for travel company to cope with the coronavirus travel slump, people close to the matter said.
In trading on Tuesday, shares of Equinox Gold Corp (Symbol: EQX) crossed below their 200 day moving average of $10.08, changing hands as low as $10.01 per share. Equinox Gold Corp shares are currently trading off about 5.5% on the day. The chart below shows the one year per
The S&P 500 and the Nasdaq lost ground on Tuesday and crude oil prices extended the previous session's surge as encouraging prospects of an effective COVID-19 vaccine led investors away from market leaders and toward cyclical stocks associated with economic recovery.
Chinese e-commerce giant Alibaba Group Holding Ltd kicked off its annual Singles' Day mega-shopping event on Wednesday, looking to cash in on consumers itching for discounts as the economy rebounds from the COVID-19 crisis.
Boeing Co lost another 12 orders for its grounded 737 MAX jetliner in October, and delivered 13 aircraft to customers, down from the 20 jets delivered in the same month a year ago, company data showed on Tuesday.
Argentina agro-export companies and grains port workers are still far from reaching a salary agreement, a port chamber source said on Tuesday, prolonging strikes that continue to impact shipments from one of the world's top exporters.
Brazilian meat processor BRF SA said on Tuesday the government's cash aid program to help the poor during the COVID-19 pandemic bolstered its performance in its domestic market in the third quarter.
Leasing giant AerCap said on Tuesday it had cancelled nine more orders for the grounded Boeing 737 MAX aircraft, but gave an upbeat assessment of the "steady recovery" in air travel that it believes will provide opportunities for lessors.
South Korea's agriculture ministry said on Tuesday it had confirmed the highly pathogenic H5N8 strain of bird flu in samples from wild birds in the central west of the country and issued its bird flu warning.
Robots whirr around, shifting fabrics and clothing, on the evening before Singles' Day at the Hangzhou site for Xunxi, Alibaba's first wholly-owned smart factory.
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