Hints and tips:
...Only Glencore has managed to buck the trend, helped by its exposure to thermal coal — one of the few commodities to escape the recent rout....
...Scions of more than a half-dozen wealthy American families took a trip last week to the twin valleys of the San Francisco area, Napa and Silicon Valley, for a two-day tour organised by their wealth managers...
...China’s twin desire to invest its accumulated financial capital abroad and to boost its influence in global affairs is logical and understandable....
...These twin effects have hit Caterpillar in the US and beyond....
...More than a dozen big deals followed – including a South Korean truck manufacturer, an Indonesian coal mine and an American chemicals group – culminating in the twin purchases of Corus and JLR....
...Many coal-fired plants date back to the 1940s. Dozens of nuclear reactors are 40 years old, with no new plants built in 30 years....
...Could China fall out of love with coal? China’s own coal reserves are a cheap and abundant source of power for the fast-growing economy, writes the FT’s Kate Mackenzie....
...First came the Titanic DNA watch that features iron and coal dust taken from the ill-fated vessel....
...The company is rumoured to be in preliminary talks to buy coal assets in North America....
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