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...Schroders, whose founding family is its largest shareholder and which has £750.6bn in assets under management, has hired Russell Reynolds, the headhunters, to work on “a full and extensive global search”...
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...Shadow business secretary Jonathan Reynolds told the Financial Times in February that Labour was committed to closing the loophole. But he added: “We will work with the sector on the implementation.”...
...“That is a priority for us,” Reynolds said. “If it needs capital expenditure, we are willing to look at it.”...
...Products such as the Love bracelet or the Trinity ring, which is made of three interwoven metals, require little explanation....
...Aberdeen previously raised cash at 7.5p a share last year, so this valuation has not been plucked from nowhere, but this is serious money for a company looking for metals with weak prices in an untested...
...An index tracking the performance of six industrial metals on the London Metal Exchange has climbed 8 per cent since the start of 2024, outpacing a 6.3 per cent rise for MSCI’s index of worldwide stocks....
...Huge bets by Chinese speculators on rising gold prices have helped super-charge the precious metal’s rally to an all-time high this month, in a sign that Asian traders are beginning to eclipse their western...
...The Potanin interview comes just after the US and UK took their biggest step yet to impose sanctions on Russian metals by banning copper, nickel and aluminium from being traded on the London Metal Exchange...
...Spending by the world’s biggest mining companies on copper exploration was small relative to volume of the metals the world was expected to need, Goldman said....
...Blanc, who has been a BP board member since September 2022, will take up the new role after the shareholder meeting in April, replacing Paula Rosput Reynolds, the company said in its annual report....
...The Food and Drug Administration said on Thursday that it had issued marketing denial orders for six vaping products sold by BAT-owned RJ Reynolds Vapor Company under its Vuse Alto brand....
...The latest sanctions do not prevent Russian companies from rushing to move metals produced before April 13 into LME warehouses or conducting bilateral deals independently of metals exchanges....
...Tory officials have claimed that Reynolds’ talks with Piyush Goyal, India’s commerce minister, last month complicated the search for a deal. Reynolds said that was “ridiculous”....
...Pål Kildemo, chief financial officer of the Norwegian company, said this construction crash because of high rates and rising building costs had hit the aluminium sector hard, undermining earnings of Hydro...
...Jonathan Reynolds, shadow business secretary, said ministers had never offered a “serious plan” for the steel industry in the long term....
...Undeterred, Nissan is putting its pedal to the metal. It plans to sell nothing but EVs in Europe by the end of the decade....
...The company’s De Beers diamond division and platinum metals unit have been hit by low prices. Bloomberg first reported news that BHP was considering a potential takeover of Anglo American....
...As prices fall, the companies can only awkwardly point out that these metals now matter less and less to the group’s profits....
...That scandal came to light just months after police raided the company in June over a separate case of missing metals worth more than €20mn....
...The metal is currently having a horrible time, down almost a quarter since the start of the year to $104 per tonne. China’s overbuilt and faltering property sector does not help sentiment....
...Imports of the transitional metal used for construction steel rose in 2023 compared to the previous year....
...The world’s largest mining company has made a proposal for an all-share combination with the 107-year-old company, as it seeks to grow its portfolio of copper mines, a metal vital for the energy transition...
...Commodity prices turn on a nickel — a metal, incidentally, worth three-fifths what it was a year ago....
...Labour also intends to spend £8.3bn to set up GB Energy, a state-owned energy company that will work with private partners on energy projects....
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