King World News, Released on 10/25/21We still have a ways to go to achieve a confirmed upsideContinue... James Turk: Gold Breaking Above This Key Level Will Ignite Move To New All-Time Highs added by Herman James on 10/26/2021View all posts by Herman James ?+'Read More

(Reuters) -United Parcel Service Inc reported better-than-expected quarterly earnings and revenue on Tuesday, bolstered by strong e-commerce demand that has allowed the delivery giant to raise shipping prices and cherry-pick more profitable customers.The Atlanta-based firm also raised its full-year adjusted operating margin outlook to about 13% from about 12.7%, a month after rival FedEx Corp cut...Read More

ATHENS, Oct 26 (Reuters) - Macquarie Asset Management is in for the long haul with its planned investment in Greek power grid operator HEDNO, a senior executive at the investment manager told Reuters, pointing to the opportunity presented by the electrification of the Greek economy.Public Power Corp (PPC), Greece's biggest power utility, said last week it had agreed to sell 49% of fully-owned powe...Read More

Oct 26 (Reuters) - With oil and gas prices at multi-year highs, U.S. shale producers are poised to deliver the strongest earnings since the onset of the coronavirus pandemic, so long as they didn't lock in sales tied to much lower prices.Sky-high oil and gas prices will fill energy companies' bottom line, rewarding investors who hung on through the pandemic. U.S. crude averaged roughly $71 a barre...Read More

A summary of the operational results for Russia's largest steelmaker, Novolipetsk Steel (NLMK), which also has assets in Europe and the United States, for the third quarter (July-September) of 2021In brief?EUR? In the third quarter, NLMK's consolidated sales decreased by 4% compared with the second quarter, to 4.1 million tonnes amid steel output reductions at its Russian flat steel division.?EUR?...Read More

Adrian Day of Global Analyst discusses recent developments at several exploration companies and explains why he believes share prices may be lower before the end of the year. As gold approaches $1,800 again, the market increasingly doubts the Fed's "transitory inflation" narrative. At the same time, as we approach the end of the year, investors are right to worry about potential tax-loss selling,...Read More

Streetwise Reports sat down with Riley Gold Corp.'s President and CEO Todd Hilditch to talk about the progress of their Pipeline West/Clipper gold project in Nevada. One of Riley Gold's two gold projects in Nevada, Pipeline West/Clipper, sits between a massive open-pit gold mine/complex and a property that seems to sit above the carbonate host rocks of the Wenban formation - the geological home to...Read More

China's imports of billet and slab increased in September from a month earlier but volumes were down year on year, according to the latest customs data.Billet imports totaled 1.13 million tonnes in September, up by 33% from 847,126 tonnes in August but down by 18% from September 2020.Fastmarkets' price assessment for steel billet, import, cfr China averaged $700 per tonne in July and $686 per tonn...Read More

Streetwise Reports recently caught up with Ian Slater about his career trajectory from a chartered accountant to mining mogul whose companies include Libero Copper & Gold Corp., Zacapa Resources, and Outcrop Silver & Gold Corp. Ian Slater is pushing ahead in the global mining industry in Canada, the U.S., and South America. The mining entrepreneur is currently involved in several copper mining p...Read More

BEIJING, Oct 26 (Reuters) - Debt-laden real estate developer China Evergrande Group (3333.HK) has resumed construction on 40 projects in the Pearl River Delta region and expects to deliver 32 of them on time by the end of 2021, local media reported on Tuesday.Evergrande did not immediately respond to a request for comment on the reports in various media, including the Southern Metropolis Daily n...Read More

LONDON, Oct 26 (Reuters) - Sterling touched a new 20-month high against the euro on Tuesday, driven by diverging interest rate expectations for Britain and the euro zone, though concerns over economic growth and EU ties kept the currency broadly flat on the day.Money markets are pricing in a rate hike by the Bank of England at its Nov. 4 meeting, helping the pound rally around 2% versus the euro a...Read More

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* STOXX 600 hits 7-week high* Reckitt soars on forecast lift* Logitech slides after results (Adds comment, updates prices)Oct 26 (Reuters) - European stocks hit seven-week highs on Tuesday, as strong results from UBS, Reckitt Benckiser and others added to overall optimism about the third-qua...Read More

Mexican ferrous scrap prices declined again over the past week, with lower prices becoming more widespread among buyers in the country's two main markets, sources told Fastmarkets.But market participants believe prices are close to reaching a bottom, with some buyers having difficulty securing deals at lower prices."We continued to see low prices, but it seems that prices are reaching a minim...Read More

BEIJING, Oct 26 (Reuters) - China's state planner and foreign exchange regulator met with companies in key sectors on Tuesday over their foreign debt holdings, the National Development and Reform Commission (NDRC) said amid ongoing investor concerns over the debt of property developers including China Evergrande Group.The regulators asked the unnamed companies to optimise their foreign debt struct...Read More

(Reuters) -Credit reporting agency TransUnion said on Tuesday it will sell its unit TransUnion Healthcare to private equity firm Clearlake Capital Group-backed nThrive Inc in a $1.74 billion all-cash deal.The deal, which is expected to close in the fourth quarter this year, will let TransUnion focus on its core businesses of credit, marketing and fraud mitigation solutions, the company said.Chicag...Read More

BENGALURU, Oct 26 (Reuters) - Indian shares rose on Tuesday in a volatile session, led by gains in metal and auto stocks, with investors focusing on commentaries from companies over the impact of higher input costs on margins in an earnings-heavy week.The blue-chip NSE Nifty 50 index (.NSEI) ended up 0.8% at 18,268.40, while the benchmark S&P BSE Sensex (.BSESN) rose 0.63% to 61,350.26.The...Read More

A decision by the European Union on the future of the bloc's scrap metal export trade, which is worth billions of euros per year, could come as early as December this year, the Bureau of International Recycling (BIR) conference in Brussels heard on Tuesday October 26.The recycling industry is facing tremendous challenges, panelists said. The EU has proposed restrictions on the export of "waste" ma...Read More

(Adds details and background)LONDON, Oct 26 (Reuters) - The British public's expectations for inflation over the next year jumped to the highest since 2008 this month, bank Citi said on Tuesday, something the Bank of England will note as it meets to decide whether to raise interest rates next week.Expectations for inflation over the next 12 months rose to 4.4% in October from 4.1% in September, Ci...Read More

A summary of the operational results for Russia's largest steelmaker, Novolipetsk Steel (NLMK), which also has assets in Europe and the United States, for the third quarter (July-September) of 2021In brief?EUR? In the third quarter, NLMK's consolidated sales decreased by 4% compared with the second quarter, to 4.1 million tonnes amid steel output reductions at its Russian flat steel division.?EUR?...Read More

(Reuters) - THG announced changes to its board on Tuesday and published growth figures for its Ingenuity technology unit, as it sought to repair its image among investors concerned about transparency at the British e-commerce group.THG named an executive from backer SoftBank to its board and said it had begun seeking an independent chair to prepare for a planned premium listing on the London Stock...Read More