Latest News for: Swiss commodity


4 bankers convicted in Switzerland for helping Russian President Putin's friend

Beijing News 30 Mar 2023
The accounts in question were opened in the spring of 2014 at Gazprombank's Swiss unit by companies owned by Sergei Roldugin, a concert cellist close to Putin, reported WSJ ... It mainly served Russian and Swiss companies and commodities traders, according to Gazprombank Switzerland's financial reports.

Climate Funding Gets Squeezed by Volatile Markets -- Commodities Roundup

Market Watch 29 Mar 2023
0901 GMT - Commodity prices, especially oil, have been hit during the banking crisis this month, Swiss ... The Swiss bank expects commodity prices to broadly rise 20% in the next 12 months with the gains led by energy and industrial metals, while gold will also be a valuable hedge.

Financial markets are finally leveraging blockchain

The Times of India 29 Mar 2023
The sleeping giant of the financial markets is, at last, waking up to blockchain technology ... A few days ago, Switzerland-based Obligate executed a corporate bond issued by a Swiss commodity trading firm on Polygon’s blockchain platform, thus marking the first bond issuance that involved no intermediary or traditional rails ... Did you Know? ... (Disclaimer.

Interview: Swiss investment manager Vontobel positive on performance of Chinese equities

Xinhua 24 Mar 2023
GENEVA, March 24 (Xinhua) -- Swiss wealth and asset manager Vontobel told Xinhua recently that Chinese stocks remain an attractive asset class for international investors and that the firm was positive on China's contribution to global economic growth ... 31st, 2022, Vontobel held 254.6 billion Swiss francs (235 billion U.S.

Swiss franc grapples with safe-haven identity crisis after Credit Suisse

Reuters 24 Mar 2023
Swiss-centric crisis sees Swiss franc lose favourInvestors ... Speculators added over $800 million to their bearish positions on the Swiss franc in the week to March 21, according to data from the Commodities Futures Trading Commission, the most in one week since early March 2021.

Banking turmoil will not be major hit to commodities finance - CFOs

Mining Weekly 22 Mar 2023
The recent rout in bank shares will not result in a significant hit to commodities ...

Gunvor Looks To Replicate European Power Trading Success In U.S.

Oil Price 22 Mar 2023
Just two weeks after signing a US LNG supply deal with Chesapeake Energy, Swiss commodity trader Gunvor has ...

Blockchain-Based Debt Protocol Obligate Records First Bond Issuance on Polygon Network

CoinDesk 22 Mar 2023
Swiss commodities trading firm Muff Trading AG issued corporate bonds using Obligate’s decentralized finance platform, which is set to open to the public on 27 March ... .

Vitol sees oil demand rising 2m bpd in 2023 as it reveals $505bn revenue

Tradewinds 21 Mar 2023
Swiss commodities, chartering and shipowning group Vitol ...

Vitol Revenue Skyrocketed 80% In 2022

Oil Price 20 Mar 2023
Swiss commodities trading giant Vitol has reported $500 billion in revenues for 2022, an 80% increase ...

Zeb Metals relocating to Berkeley County

The Times & Democrat 20 Mar 2023
The company’s new operations will create 28 new jobs ... Listen now and subscribe. Apple Podcasts . Google Podcasts . Spotify . Stitcher . RSS Feed . Omny Studio ... Glencore, a Swiss-based commodities trader and one of the world’s largest diversified natural resource companies, will partner with ZEB Metals to expand its current aluminum portfolio ... ....

Medacta Reports Lower 2022 Profit, Predicts Higher 2023 Revenue

Market Watch 17 Mar 2023
The Swiss medical-product company reported a profit of 46.2 million Swiss francs ($49.7 million) on the year, down from CHF51.5 million in 2021. Volatile commodity prices and supply-chain disruptions wrought by Russia's invasion of Ukraine, combined ...

TSX futures rise as commodity prices gain

FX Empire 17 Mar 2023
(Reuters) – Futures tracking Canada’s main stock index gained on Friday, boosted by higher commodity prices, as concerns of a global banking meltdown ease on supportive measures ... banks offered a $30 billion lifeline for beleaguered First Republic Bank, while Credit Suisse also received an emergency liquidity line from the Swiss central bank.

Oil steadies as investors take stock of banking crisis

The Economic Times 17 Mar 2023
and Swiss governments scrambling to shore up liquidity at banks, and this has caused investors to flee ...

TSX futures down as caution around Credit Suisse prevails

FX Empire 16 Mar 2023
(Reuters) – Futures for Canada’s main stock index fell on Thursday, as caution prevailed around financial stocks after Credit Suisse secured a lifeline from the Swiss central bank, while higher commodity prices helped cut losses ... ET (1056 GMT), while their U.S ... Commodity-linked stocks account for nearly 31% of the Canadian benchmark ... Advertisement.

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