What's breaking now, across thousands of outlets.
The price for the industrial metal is reaching ever new records and is thereby driving inflation. As such, copper is increasingly moving into focus as protection against inflation, Jakob Blume thinks.
We haven't written up this one. Handelsblatt has the full story — the link below goes straight to it.
Some of the key provisions introduced in the revised model concession agreement (MCA) include the buyback option, revenue support to concessionaires and traffic-risk sharing between the concessionaire and the government, making build-operate-transfer (BOT) projects more bankable, risk-free and attractive for the private sector.
MTN has been forced to write down its Irancell stake, sinking statutory earnings even as adjusted profit climbs.
Stocks traded near all-time highs and bonds rose as hopes for a deal to revive the Strait of Hormuz trimmed a rally in oil prices.
The Pound Sterling holds firm against the Greenback on Tuesday following the release of US jobs data, which was softer than expected, while investors await US inflation data and UK data releases on Thursday. The GBP/USD trades at 1.3508, nearly unchanged.
