(Bloomberg) — B2Gold Corp. agreed to buy Sabina Gold & Silver Corp. in a C$1.1 billion ($820 million) stock deal that will give the company its first mining assets in Canada. The takeover offer comes less than a week after B2Gold Chief Executive Officer Clive Johnson said the Canadian company was looking to buy struggling...
Reuters exclusively reported that, as shared by senior government sources directly involved in decision-making, India is considering extending a ban on wheat exports to replenish depleted state reserves and bring down record-high domestic prices. India’s plan to maintain the export curb until mid-2024 was confirmed by trade and industry officials. Earlier, India, the world’s second largest wheat...
Reuters was first to report that sugar mills in India’s top producing state Maharashtra are set to stop cane crushing 45 to 60 days earlier than last year as heavy rain has curtailed sugar cane availability. After Reuters revealed the news, New York raw sugar futures jumped 1.7% to a one-month high on Friday last...
Reuters was first to report that India is not looking at allowing more sugar exports, dampening speculation that the world’s biggest producer of the sweetener would permit a second tranche of overseas shipments. Raw sugar futures pared losses and turned positive after the report was published. The post Reuters reveals that India is likely to...
Citing an unpublished report, Reuters exclusively reported that Chile’s mining regulator Cochilco was forecasting far slower growth in copper production over the next decade than previously estimated, with peak output two years later than anticipated and at a significantly lower level. The news revealed that Chile, the world’s top producer of the metal, was facing hurdles ramping...
These are the stocks posting the largest moves in post-bell trading.
Wells Fargo Securities’ Michael Schumacher believes Fed policy is working against equity investors regardless of this week’s inflation data outcome.
Reuters exclusively revealed at least four Chinese-owned supertankers are shipping Russian Urals crude to China, as Moscow seeks vessels for exports after a G7 oil price cap restricted the use of Western cargo services and insurance. The post Reuters reveals Russian oil shipped to Asia in Chinese supertankers amid ship shortage appeared first on Reuters...
One year into its conflict with Russia, which invaded Ukraine in February 2022, Ukraine’s government is laying the groundwork to help rebuild the country.
The potential SEC charges came through what’s known as a Wells notice, which informs firms of the results of an investigation pending charges.