Latest News for: Swiss commodity

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Gunvor books four Celsius LNG newbuilds

Splash24/7 18 Oct 2021
Swiss-based commodity trading giant Gunvor, through its subsidiary Clearlake Shipping, has sealed a deal to charter four newbuild LNG carriers from Celsius Tankers, a unit of Danish owner Celsius Shipping ... After delivery, the ships will go on long-term employment with Clearlake. Charter details have not been disclosed ... .
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U.S. stock markets in global market rally, Dow up 535 points

Beijing News 15 Oct 2021
NEW YORK, New York - U.S. stocks were on the boil on Thursday as demand grew for bank stocks. All the major indices made solid advances. "So far bank earnings have been strong ... dollar got humbled ... The Japanese yen was little changed at 113.62, while the Swiss franc traded in a tight range around 0.9234. The commodity bloc was considerably stronger ... ....
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No Signs For An End To The Rally In Crude Oil Prices

The Tennessee Tribune 15 Oct 2021
By Daniel James Graeber. Federal U.S ... The U.S ... Giovanni Staunovo, a commodities analyst at Swiss investment bank UBS, said the weekly report was bearish ... It was a trifecta week, with the U.S ... The International Energy Agency in its report Thursday said the ongoing rally in natural gas prices is creating tailwinds for other commodities ... (White House) ... .
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Tesla inks multi-year nickel supply deal with Prony Resources

Mining Dot Com 13 Oct 2021
The deal was negotiated by Swiss commodity trader Trafigura, one of Prony’s main stakeholders, and it makes Tesla by far the miner’s largest customer, CEO Antonin Beurrier said.  ... RELATED. All the mines Tesla needs to build 20 million cars a year  ...  .
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New Caledonia’s Prony to supply nickel to Tesla in multi-year deal

Metro USA 13 Oct 2021
By Melanie Burton and Gus Trompiz ... electric car maker ... Dr. Adhi Sharma, President of Mount Sinai South Nassau and President of Clinical and Professional Affairs. Power Women with Victoria Schneps ... The supply agreement with Tesla was negotiated by Swiss commodity trader Trafigura, a shareholder in Prony Resources, and signed last month, he added ... [MET/L].
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European stocks hit by risk aversion ahead of earnings

Reuters 12 Oct 2021
Oct 12 (Reuters) - European shares lost ground on Tuesday as investors feared that soaring commodity prices would hamper a recovery in corporate profit, with fresh signs of troubles at property developer China Evergrande also denting sentiment.
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Iron ore price rout hacks $160 billion off top mining stocks

Mining Dot Com 06 Oct 2021
With no exposure to iron ore other than trading, Glencore bucked the trend during Q3 and the Swiss commodities giant is up by nearly half so far this year ... Evidence of the volatility of commodities markets is the spectacular performance of coal miners during the quarter; a sector ...
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Blockchain & cryptocurrencies: Prospects for African trade (7)

Business Day Online 05 Oct 2021
For instance, the first trade on the blockchain trading platform by Singaporean bank DBS and Swiss commodities trader Trafigura was for the shipping of a US$20 million worth cargo of iron ore from Africa to China.
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World’s cobalt supply deficit is shrinking, says S&P

Mining Dot Com 29 Sep 2021
Market Intelligence says the metal will likely continue to play a key role in rechargeable batteries in cars and on the grid, at least for the short term.  ... Swiss commodities giant Glencore could revive production at its copper-cobalt Mutanda mine in the DRC, S&P Market Intelligence reported on May 26 ... Share .
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Trafigura paid $390m in share deal with Angola’s ‘General Dino’

Swissinfo 28 Sep 2021
... in an international fuel supplier it controls, in a deal whose terms provide a glimpse into the costs of unwinding one of the Swiss commodity trader’s most lucrative yet controversial relationships.
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JPMorgan faces oil trading corruption probe in Brazil

Petroleum World 23 Sep 2021
The probe, which is in preliminary stages, is part of a larger investigation by Brazilian authorities who have been examining wrongdoing across the commodity trading industry for years ... JPMorgan largely exited physical commodity trading in 2014, selling its operations to Swiss trader Mercuria for $3.5 billion in an all-cash deal.
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Molecule and Fidectus Announce Technical Partnership to Streamline Energy Trading Automation and Deal Capture

Killeen Daily Herald 22 Sep 2021
22, 2021 /PRNewswire/ -- Molecule, the leader in cloud-native ETRM/CTRM software, and Fidectus, a Swiss SaaS company revolutionizing post-trading in over-the-counter energy and commodity markets, have announced a technical partnership ... Fidectus is a Swiss-based company ...
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JPMorgan probed in Petrobras oil bribery scheme in Brazil

Business Day 22 Sep 2021
The probe, which is in preliminary stages, is part of a larger investigation by Brazilian authorities who have been examining wrongdoing in the commodity trading industry for years ... JPMorgan largely exited physical commodity trading in 2014, selling its operations to Swiss trader Mercuria for $3.5bn in an all-cash deal.
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EXCLUSIVE JPMorgan faces oil bribery probe in Brazil

Reuters 22 Sep 2021
The probe, which is in preliminary stages, is part of a larger investigation by Brazilian authorities who have been examining wrongdoing across the commodity trading industry for years ... JPMorgan largely exited physical commodity trading in 2014, selling its operations to Swiss trader Mercuria for $3.5 billion in an all-cash deal.
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