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Bayer: no guidance hit from hurricane, planting trends

October 19, 2021 / www.kitco.com

BERLIN, Oct 19 (Reuters) - Bayer (BAYGn.DE) sees no impact on its full-year guidance from customers' changing planting habits or a five-week shutdown at its main glyphosate production site in Louisiana after Hurricane Ida, the German life science group said on Tuesday. read moreBayer had to close the Louisiana factory after the hurricane slammed the Gulf Coast in late August, further complicati...Read More

IN CASE YOU MISSED IT: 5 key stories from October 19

October 20, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday October 19 that are worth another look.Vietnam's Hoa Phat Steel is close to obtaining certification from the United Kingdom Certification Authority for Reinforcing Steels (Cares), which would allow it to sell its rebar to the key markets of Singapore...Read More

IMF in talks with Lebanon, calls to address financial losses

October 19, 2021 / www.kitco.com

DUBAI (Reuters) - The International Monetary Fund (IMF) and Lebanese authorities have started technical discussions to pull the country out of its crisis, a senior IMF official said, stressing the need to address the losses faced by the financial sector.An IMF programme is widely seen as the only way Lebanon can unlock foreign financial help which it desperately needs to emerge from one of the wor...Read More

GULF STEEL BILLET, REBAR: Market awaits new local prices, expects rise of $30 per tonne

October 20, 2021 / www.metalbulletin.com

Steel rebar and billet buyers in the United Arab Emirates were waiting for new local rebar prices to be announced in the week ended Tuesday October 19; they expect a price increase of around $30 per tonne, sources told Fastmarkets.Rebar producers normally announce new prices fortnightly in the UAE, but they have not made any changes since September 29.Domestic rebarRebar producers in the UAE sold...Read More

Ericsson plans cut in China ops on Huawei backlash, flags supply chain issues

October 19, 2021 / www.kitco.com

STOCKHOLM, Oct 19 (Reuters) - Sweden's Ericsson (ERICb.ST) announced on Tuesday plans to reduce its operations in China after suffering a big sales drop in one of its biggest markets due to retaliation for Sweden's ban on China's Huawei (HWT.UL) from selling 5G gear in the country.The news came as the company reported better than expected third-quarter core earnings boosted by strong sales of 5G...Read More

CHINA REBAR: Tight supply halts price descent

October 20, 2021 / www.metalbulletin.com

China's domestic rebar prices stopped falling on Tuesday October 19 on tight supply, though market sentiment on demand remained pessimistic. Domestic Eastern China (Shanghai): 5,730-5,770 yuan ($894-901) per tonne, unchangedSteel mills in eastern China's Jiangsu province lowered their production rates due to a tight supply of electricity, market sources said.A trader in Shanghai said that a...Read More

Chipmaker GlobalFoundries targets valuation of about $25 billion in U.S. IPO

October 19, 2021 / www.kitco.com

(Reuters) -Chipmaker GlobalFoundries, owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about $25 billion in its initial public offering in the United States.The IPO, one of the most hotly anticipated listings, is expected to cap a record year for flotations, after several big names such as Robinhood Markets Inc, Coinbase Global Inc and Roblox Corp cap...Read More

IN CASE YOU MISSED IT: 5 key stories from October 19

October 20, 2021 / www.metalbulletin.com

Here are five Fastmarkets stories you might have missed on Tuesday October 19 that are worth another look.Vietnam's Hoa Phat Steel is close to obtaining certification from the United Kingdom Certification Authority for Reinforcing Steels (Cares), which would allow it to sell its rebar to the key markets of Singapore...Read More

France's Photosol hires BNP to kick off possible 500 million euro sale - sources

October 19, 2021 / www.kitco.com

MADRID (Reuters) - French solar power group Photosol has hired BNP Paribas to launch a sales process that could be worth at least 500 million euros ($582.9 million), two sources familiar with the matter told Reuters.The company has sent out preliminary information to prospective bidders dubbing the project "POTUS" - a nod to U.S. President Joe Biden and his green agenda - according to a document s...Read More

Toronto index hits record high on boost from miners

October 19, 2021 / www.kitco.com

Oct 19 (Reuters) - Canada's main stock index hit a record high on Tuesday, helped by mining stocks, while the prospect of strong corporate earnings further lifted investor sentiment.At 9:33 a.m. ET (13:33 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 63.41 points, or 0.3%, at 21,048.78. (Reporting by Amal S in Bengaluru) Disclaimer: The views expressed in this article are thos...Read More

China will prevent platform monopolies and disorderly expansion of capital, Xi says

October 19, 2021 / www.kitco.com

BEIJING (Reuters) - China will prevent monopolistic behaviours by internet platform companies and the disorderly expansion of capital, state Xinhua News Agency quoted president Xi Jinping as saying on Tuesday.China will also correct practices that impede fair competition, Xi said, according to the Xinhua report.?EUREURReporting by Yilei Sun and Brenda Goh; Editing by Andrew Heavens Disclaimer: Th...Read More

Chris Martenson: "No Discernable Relationship" between Vaccines and Cases

October 19, 2021 / marketsanity.com

Peak Prosperity, Released on 10/19/21Website Link to Part 2 https://www.peakprosperity.com/the-da...As time rolls on and the months go by, more data is becoming available around the actual efficacy, safety and other attributes of the new experimental mRNA technologies which have been injected into billions of people. And that data is becoming less convincing and reassuring by the minute."At the co...Read More

Wolf Richter On The Everything Shortage: 'We're In A Crisis Situation And I Have Never Seen Anything Like This'

October 19, 2021 / marketsanity.com

Wealthion, Released on 10/19/21The disruption the pandemic has inflicted on global supply chains is really starting to harm consumers. Prices for most items are up double digits in the past year. And product shortages are rampant these days.How much longer is this pain for our pocketbooks likely to last?The world has been watching prices rise dramatically this year across nearly all asset classes...Read More

John Rubino: It's Good to Be a Debtor

October 18, 2021 / marketsanity.com

Financial Survival Network, Released on 10/18/21Summary: John Rubino and I catch up on all things in the economy starting with false information in the media-we are not receiving honest commentary on inflation, which could lead to other problems down the road. Furthermore, we discuss some of the effects of inflation in sectors such as energy, and discuss issues surrounding the Chinese real estate...Read More

Joe Rogan on the Outrage Around Dave Chappelle's New Special

October 19, 2021 / marketsanity.com

The Joe Rogan Experience, Released on 10/19/21*WARNING: PROFANITY AND OFFENSIVE LANGUAGETaken from JRE #1721 w/Michael Malice: https://open.spotify.com/episode/2Pob... cancel culture, censorship, dave chapelle, Joe RoganJoe Rogan on the Outrage Around Dave Chappelle's New Special added by Herman James on 10/18/2021View all posts by Herman James ?+'Read More

THE FED'S SECRET PLAN?...Lynette Zang & Egon von Greyerz

October 19, 2021 / marketsanity.com

ITM Trading, Released on 10/19/21To see Lynette's slides and research links from this video: https://www.itmtrading.com/blog/the-f...Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy...Read More

Doug Casey's Take: Supply Crunch, Inflation, and the Top 3 Western Hemisphere Countries

October 19, 2021 / marketsanity.com

Doug Casey's Take, Released on 10/19/21If you like these podcasts, it's time to join our email list. It's quite possible that the censorship hammer will soon fall on us here. Listen for more details. Join our email list to get Special reports and updates: https://dougcasey.substack.com/aboutConnect with us on Telegram: https://t.me/dougcaseyDoug Casey is an American-born libertarian economist and...Read More

Greenwald: The Mountain of Data Showing How Authoritarian Democrats Have Become

October 18, 2021 / marketsanity.com

Glenn Greenwald's System Update, Released on 10/18/21Glenn Greenwald is a journalist, constitutional lawyer, and author of four New York Times best-selling books on politics and law. His most recent book, "No Place to Hide," is about the U.S. surveillance state and his experiences reporting on the Snowden documents around the world. Glenn co-founded The Intercept but parted ways with the company i...Read More

Sprott Money "Ask The Expert" October 2021 - Ronald St??ferle

October 19, 2021 / marketsanity.com

Sprott Money, Released on 10/19/21Ronald St??ferle, author of the annual report, "In Gold We Trust", joins us for another value-packed edition of Ask the Expert with Craig Hemke. Ronnie answers your burning questions about Fed tapering QE program, gold prices, Central Bank Digital Currency and more.Topics:0:00 - Introduction3:15- Will the Fed be able to fully taper their current QE program in 2022...Read More

Carl Icahn: There will be a crisis, the way we're going

October 18, 2021 / marketsanity.com

CNBC, Released on 10/18/21Billionaire activist investor Carl Icahn joins the Halftime Report to give his thought on the market and where we're headed in the longer run.Carl Icahn is an American business magnate, investor, activist shareholder, and philanthropist. He is the founder and majority shareholder of Icahn Enterprises, a diversified conglomerate holding company based in New York City. C...Read More

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