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...He motors us along perfectly to match her striding pace as faster and much larger vehicles thunder past, inches from where my elbow rests on the rickshaw’s thin metal railing....
...Additional reporting by Ella Hermonio in Manila A version of this article was first published by Nikkei Asia on April 27 2022. ©2022 Nikkei Inc. All rights reserved....
...The metals magnate briefly held an equity stake in Greensill Capital in 2016, long before big venture capital investors such as the SoftBank Vision Fund and General Atlantic had invested in the finance group...
...A version of this article was first published by the Nikkei Asian Review on September 16 2020. ©2020 Nikkei Inc. All rights reserved....
...The US metal can maker is not even the first junk-rated borrower to break through the 1 per cent barrier....
...Shares in Fortune Minerals, which is developing a cobalt and gold project in Canada’s Northwest Territories, rose by 21 per cent to 12 Canadian cents....
...Outside, cranes towered over piles of stone and twisted metal. Herds of cows wandered through the site — a reminder that this was once one of Istanbul’s few remaining pockets of countryside....
...“Metro’s queue grew to an unprecedented length, forcing metal owners to wait, at times, up to nearly two years to get their metal out of storage in Detroit,” the Senate report said....
...Tesco, which has more than 1,600 convenience stores under its Express brand, is closing 43 unprofitable shops, the majority of them smaller convenience and Metro stores....
...Last December, Goldman Sachs sold Detroit warehouse operator Metro, although the bank said it had no plans to exit commodities....
...The London Metal Exchange has tried to impose a new rule to speed deliveries of aluminium and other metals from its registered warehouses, a move that would reduce rental revenue for warehouse operators....
...PME, the €40bn pension fund for the Dutch metals and electrical engineering industries, has appointed Eric Uijen as chief executive, succeeding Hans van der Windt who is retiring....
...The first part of the hearing focused on Goldman’s unit, Detroit-based Metro International Trade Services, which operates a network of metals warehouses....
...An aroma of lasagne from Charlie Bigham’s kitchens in northwest London is in the air as you approach the building....
...But at the same time, large smelters have opened in northwest China, taking advantage of the cheap coal deposits nearby....
...(Financial Times) The UK’s Metro Bank is attracting more small business customers as part of its drive to fill the void left by the large high street lenders....
...Goldman received several offers for Metro following a stormy senate hearing in July, where MillerCoors, the brewer, claimed its supply chain had been hampered by long queues to take delivery of metal from...
...Not surprisingly, the lessons and opportunities provided by the Metro acquisition were not lost on the big physical commodity trading houses, which, in a short space of time from March 2010 onwards, bought...
...(Financial Times) Goldman Sachs has begun a formal sales process for its controversial network of metals warehouses, calling them “not strategic” to its client business....
...Goldman acquired its warehousing division, Metro, in 2010 as the metals storage industry underwent a boom thanks to the build-up in inventories after the financial crisis....
...(Wall Street Journal) ON FT ALPHAVILLE - Can we expect a dehoarding effect in metals? - Turkey, bowing to the inevitable. - China’s GDP oddities, and the investment factor....
...TMH was founded in the 1990s by a group of Russian coal and metals business leaders to solve the transport needs of natural resource producers....
...Inc Q3 $0.33 ($0.35) Citigroup Q3 $1.06 ($1.06) Johnson & Johnson Q3 $1.32 ($1.25) Coca-Cola Q3 $0.53 ($0.51) Tata Consultancy Services Q2 Rs22.74 (Rs17.51) Trading and sales update H&M Hennes...
...It bought Metro, the warehousing company, for about $550m in 2010....
...And demand for the “metal of the future” is still rising....
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