WASHINGTON/NEW YORK (Reuters) - Rival lenders privately congratulated the top U.S. consumer watchdog on its $100 million settlement with Wells Fargo over the bank’s phony accounts scandal, according to internal documents published by the Consumer Financial Protection Bureau this week.On Sept. 8, 2016, the CFPB and two other regulators announced they had reached settlements totaling $190 mill...Read More
Zinc Positional Call – BUY Zinc at CMP 210.10 Add more if price 209 with SL 207.90 (2.20 Points SL). For Target 212.20 – 214 – 215.50AFTER POST CONTENT Read More
The IPP procurement is the largest by the Department of Energy to date, representing R56 billion (US$4.7 billion) of investment and adding about 2,300MW of mostly wind- and solar-generation capacity to the country's grid over the next five years.The agreements were meant to be signed on March 13, but were delayed after the National Union of Metalworkers of South Africa (NUMSA) and Transform RSA tr...Read More
Offers for Brazilian slab will likely increase in April on sellers' optimism despite growing resistance from buyers, after the United States temporarily delayed its Section 232 import tariffs on Brazil. But in Asia, slab prices are expected to remain steady or even decline slightly on sluggish trading and weakness in upstream and downstream segments, while products from the Commonwealth of Indepen...Read More
Base metals prices on the London Metal Exchange are for the most part weaker this morning, Friday April 6, following further announcements from the White House of increased tariffs against China. The main movers are nickel (-1.2%), copper (-0.9%) at $6,755 per tonne, lead (-0.7%) and zinc (-0.5%), while tin and aluminium are little changed. Volume remains light with 2,931 lots traded as of 07.31 a...Read More
(Reuters) - A civil rights group and some consumer groups said on Friday they would file a complaint with the U.S. Federal Trade Commission (FTC) alleging that Facebook Inc's use of facial recognition techniques threaten users' privacy.The social media company has come under fire after it was disclosed that political consulting firm Cambridge Analytica, which worked for Donald Trump's presidential...Read More
FREE ZINC TARGET CALLSFree Zinc Target Calls – Zinc SELL Positional Hold Call 402 Advised at Price 214.25 Achieved 2nd Target 211.50. CMP 210.50. Total profit made 2.75 Points per lotTIPS ID 402 : ZINC HOLD Call - SELL Mcx Zinc April at CMP 214.25 with SL Above 216.10 for Target 213 - 211.50AFTER POST CONTENT Read More
The United States has sanctioned and frozen the assets of Oleg Deripaska and UC Rusal that are subject to US jurisdiction, prompting bullish sentiment and expectations of tightness in the US aluminium market, industry participants told Metal Bulletin."All assets subject to US jurisdiction of the designated individuals and entities, and of any other entities blocked by operation of law as a result...Read More
(Reuters) - U.S. stocks tumbled on Friday on fears of an escalating trade war between the United States and China after President Donald Trump threatened to slap $100 billion more in tariffs and Beijing warned it would fight back “at any cost.”In light of China’s “unfair retaliation” against earlier U.S. trade actions, Trump upped the ante by ordering U.S. officials t...Read More
Nickel Trading call – SELL Mcx Nickel at CMP 855.80 for Target 850 with SL Above price 860 with 2 lotsAFTER POST CONTENT Read More
Philip Marcella, chief executive of appScatter Group PLC (LON:APPS) tells Proactive's Andrew Scott they're strengthening their app monitoring service with the acquisition of German firm Priori Data for ?13.5mln.Marcella says Priori runs an app data intelligence operation and when combined with appscatter's existing service will enable the performance of millions of apps and billions of devices to...Read More
Local prices for flat steel goods in Brazil were stable for the second week in a row in early April, with new price adjustments expected only in June.Metal Bulletin's monthly price assessment for Brazilian hot-rolled coil (HRC) was steady month on month on Friday April 6, at 2,500-2,600 Reais ($750-780) per tonne ex-works.Over the same period, Metal Bulletin's monthly price assessment for Brazilia...Read More
TORONTO/VANCOUVER (Reuters) - Canada’s Nemaska Lithium Inc (NMX.TO) is in talks with U.S. private equity firm Orion Mine Finance Group on a lithium streaming deal, a type of specialized mining finance, according to people familiar with the transaction.Separately, Nemaska said Thursday Japan’s SoftBank Group Corp (9984.T) will buy a stake of up to 9.9 percent in the company and invest u...Read More
Zinc Tips – Zinc BUY Call 498 given at price 210.40 Achieved Target 211 (Made 211 at 12:30pm). Total 0.60 Points Profit per lot498 : Zinc Call - BU Zinc at CMP 210.40 for Target 211 - 211.50 with Small SL below price 209.90AFTER POST CONTENT Read More
Tony Sage, executive chairman for Cape Lambert Resources Ltd (ASX:CFE) speaks to Proactive Investors from Mines and Money Asia, where he says sentiment is buoyant on cobalt.The company recently acquired two synergistic cobalt copper tailings projects, in the Democratic Republic of Congo (DRC) and 170km away in neighbouring Zambia.A Pre-Feasibility Study (PFS) for the DRC project is due out in thre...Read More
Brazilian slab export prices remained unchanged this week, with few offers heard, but producers were reported to be hoping for a new increase in offers for May-production batches.Metal Bulletin's weekly assessment of Brazil export slab prices was unchanged on Friday April 6, at $580-590 per tonne fob.Demand for slab was reported to be increasing, with buyers in Europe and Southeast Asia returning...Read More
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Friday said it had targeted allegedly illegal stock sales involving Longfin Corp stock as well as the finance and technology company’s chief executive and three other people.The regulator, in a statement, said it had obtained a court order to freeze more than $27 million in trading proceeds from “allegedly illegal di...Read More
Zinc Call – BU Zinc at CMP 210.40 for Target 211 – 211.50 with Small SL below price 209.90AFTER POST CONTENT Read More
Stefan M? 1/4 ller outlines the outcomes of the hotly-anticipated pre-feasibility study (PFS) for European Lithium Ltd's (ASX:EUR) (FRA:PF8) (VSE:ELI) Wolfsberg Lithium Project in Austria.Results confirm the technical and economic viability of the project, and show strong potential for significant upside. A definitive feasibility study (DFS) is set to begin in July for completion before the end of...Read More
LONDON (Reuters) - Bank of England Governor Mark Carney said on Friday that governments and companies around the world were making progress in the push toward creating a low-carbon economy.“The good news is that governments are now establishing the policy frameworks, and the private sector is beginning to allocate capital accordingly,” Carney told an international conference on climate...Read More