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24/09/2025
Asia-Pacific Infrastructure Group, Norway Sovereign Wealth Fund, and Singapore Government Investment Corporation plan to spend 9.5 billion euros to acquire a 46% stake in Germany's Tenet Energy Company.
Latest
3 m ago
Marvell's stock price rose 4.2% in pre-market trading, benefiting from a buyback plan.
3 m ago
Freeport's stock price fell as much as 9.6% in pre-market trading on Wednesday. The company had previously announced that production at its Grasberg Block Cave mine in Indonesia would be temporarily suspended following a fatal mudslide accident, leading to a reduction in copper and gold output. Production may not return to pre-accident levels until 2027. Meanwhile, other stocks such as Teck Resources rose by 5.3% and Southern Copper by 4.4%. The news also boosted European copper companies such as Antofagasta, KGHM, Anglo American, Glencore, and Boliden.
3 m ago
Freeport's stock price is falling sharply. The Grasberg mine accident will lead to a decrease in copper and gold production.
6 m ago
Evercore said that if the US government shutdown continues until October 3rd, the US Bureau of Labor Statistics may delay the release of the September non-farm payroll report. "This is consistent with past practice by the Labor Department when affected by a government shutdown," wrote Sarah Bianchi and Matthew Aks in a client report released on Tuesday; they believe there is a 65% probability of a government shutdown. The report points out that in 2013, the Bureau of Labor Statistics suspended data collection, analysis, and publication work, retaining only three employees to keep operations running. After the shutdown ended, the Bureau released a new schedule for economic data publication, with the first data released five days after the shutdown ended.
8 m ago
Goldman Sachs says that the EU's ban on importing Russian liquefied natural gas has limited impact on the global market.
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