2024-08-26 06:46:19 +0300

Chinese Copper Giant Maike Seeking Help on Liquidity Issues

Bloomberg

Maike Metals International Ltd., one of China’s biggest copper traders, has been seeking help from the government and financial institutions to alleviate “liquidity difficulties” that have caused it to delay some payments on cargoes, its founder said on Friday.

The company “is suffering temporary difficulties in logistics, transportation and product sales due to Covid flareups in China,” Chairman He Jinbi told Bloomberg News in an interview. It has delayed payments on some cargoes and, therefore, some suppliers have canceled some deliveries, He said.

#copper #government #logistics #seekinghelp

Continue read on bloomberg.com

MarketsBy Bloomberg2024-08-22 15:09:17 +0300

Climate Disasters Risk Putting a Damper on Electric-Car Making

Bloomberg. A barge passes exposed riverbed on the Rhine near Loreley, Germany. Photographer: Alex Kraus/Bloomberg (Bloomberg) -- Automakers racing to make...

#bloomberg #nasdaq #tsla #business #technology

Business / FinanceBy Bibhu Pattnaik2024-08-20 23:31:55 +0300

US Authorities Issue Ultimatum To Airlines, Demand Help For Stranded, Delayed Passengers

The U.S. Department of Transportation has decided to take stern action and a possible plan of rule changes for the airlines if they do not come up with...

#insurance #traveldisruptions #airlinepassengers #flightdelays #domesticflights

MarketsBy Reuters2024-08-18 15:00:13 +0300

METALS-Copper rises on hopes for improved Chinese demand

Updates throughout, adds LONDON dateline LONDON, Aug 18 (Reuters) - Copper prices rose on Thursday for the first time in a week as hopes for solid demand in...

#chinesedemand #reuters #forecast #opinion #nasdaq

MarketsBy Reuters2024-08-12 06:40:29 +0300

Glencore cuts ties with Chinese trader caught up in scandal over missing copper -FT

Reuters. FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, September 30, 2015....

#finance #bloomberg #Glencore #copperinventories #storagesite

Business / FinanceBy Reuters2024-08-12 06:31:54 +0300

Glencore cuts ties with Chinese trader caught up in scandal over missing copper -FT

Aug 12 (Reuters) - Switzerland-based Glencore Plc GLEN.L and other major traders have stopped supplying Chinese metals merchant Huludao Ruisheng over a...

#finance #bloomberg #opinion #nasdaq #Glencore

Business / FinanceBy Cna2024-08-12 06:36:48 +0300

Glencore cuts ties with Chinese trader caught up in scandal over missing copper -FT

Switzerland-based Glencore Plc and other major traders have stopped supplying Chinese metals merchant Huludao Ruisheng over a brewing scandal about missing...

#finance #bloomberg #copperinventories #storagesite #glencoreplc

MarketsBy Reuters2024-08-16 09:03:42 +0300

METALS-Copper rises, but cloudy demand outlook limits gains

(Updates prices, adds details) By Mai Nguyen Aug 16 (Reuters) - Copper prices rose on Tuesday, tracking upbeat sentiment in the U.S. markets on prospects of...

#inflation #insurance #opinion #nasdaq #speedguides

Business / Finance Press Release2024-08-25 13:00:00 +0300

Yunji Announces Second Quarter 2022 Unaudited Financial Results

HANGZHOU, China, Aug. 25, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform,...

#secondquarter #nasdaq #research #pandemic #finance

Business / FinanceBy Pr Newswire2024-08-25 13:00:00 +0300

Yunji Announces Second Quarter 2022 Unaudited Financial Results

HANGZHOU, China, Aug. 25, 2022 /PRNewswire/ -- Yunji Inc. (Yunji or the Company) YJ, a leading membership-based social e-commerce platform, today announced...

#secondquarter #research #pandemic #finance #technology

MarketsBy Bloomberg2024-08-18 15:18:16 +0300

Tesla Asks Chinese Government to Help Secure Power to Suppliers

Bloomberg. Vehicles in a lot at the Tesla Inc. Gigafactory in Shanghai, China, on Wednesday, June 15, 2022. Tesla has staged a remarkable comeback in terms...

#tesla #bloomberg #lockdown #nasdaq #tsla

PoliticsBy Reuters2024-08-05 04:18:16 +0300

Airlines Cancel, Reroute Flights During Chinese Military Drills Near Taiwan

By Joyce Lee and Jamie Freed SEOUL (Reuters) - Some airlines have cancelled flights to Taipei and rerouted others using nearby airspace that has been closed...

#pandemic #sharesinformation #russianairspace #northeastasia #cancelledflights

PoliticsBy Associated Press2024-08-19 21:33:35 +0300

Buttigieg warns airlines to help travelers or face new rules

WASHINGTON Transportation Secretary Pete Buttigieg has warned airlines that his department could draft new rules around passenger rights if the carriers dont...

#ceo #budget #pandemic #Newrules #latestsalvo

PoliticsBy Associated Press2024-08-19 21:33:35 +0300

Buttigieg Warns Airlines to Help Travelers or Face New Rules

WASHINGTON (AP) Transportation Secretary Pete Buttigieg has warned airlines that his department could draft new rules around passenger rights if the carriers...

#ceo #budget #pandemic #business #Newrules

Business / FinanceBy Reuters2024-08-19 13:48:49 +0300

METALS-Copper heading for weekly fall on bleak global growth outlook

Updates throughout, moves dateline from Beijing LONDON, Aug 19 (Reuters) - Copper prices rose on Friday but were set to end the week slightly lower as...

#reuters #opinion #nasdaq #benchmarkcopper #copperstocks

MarketsBy Charles Kennedy2024-08-03 17:30:00 +0300

Chinese Top Battery Maker Halts N. American Plans After Pelosi Visit To Taiwan

Contemporary Amperex Technology Co. Ltd. (CATL), the biggest battery maker for electric vehicles and a supplier of Tesla, among others, is postponing the...

#technology #tesla #investment #development #bloomberg

MarketsBy Reuters2024-08-15 13:13:15 +0300

METALS-Weak China data sparks industrial metals sell-off

By Pratima Desai LONDON, Aug 15 (Reuters) - Industrial metal prices fell on Monday as worries about demand in top consumer China surfaced due to weak...

#reuters #economy #investment #finance #opinion

Business / FinanceBy Tom Yun2024-08-10 20:57:00 +0300

Some air passengers take claims to court, seeking compensation for delays, missing bags

With some airlines denying compensation for delayed flights or missing baggage, a few Canadian passengers are taking their claims to court.. Edmonton...

#president #analysis #seekingcompensation #transportationagency #discountcode

Business / FinanceBy Bhavik Nair2024-08-24 10:56:05 +0300

After Nio, More US-listed Chinese Firms May Arrive In Singapore, Says Exchange CEO

Singapore Exchange Ltd. SPXCY expects more listings by U.S.-listed Chinese firms with the exchange trying to woo companies at a time when they are facing...

#chinesefirms #bloomberg #insurance #ceo #morelistings

PoliticsBy Associated Press2024-08-12 13:49:33 +0300

Three Chinese Corporate Giants Leaving NY Stock Exchange

By JOE McDONALD, AP Business Writer BEIJING (AP) Three state-owned Chinese corporate giants announced plans Friday to remove their shares from the New York...

#business #insurance #technology #security #money

MarketsBy Reuters2024-08-25 13:31:40 +0300

METALS-Copper claws higher on Chinese infrastructure hopes

By Eric Onstad LONDON, Aug 25 (Reuters) - Copper prices gained on Thursday on a weaker dollar and after a new injection of stimulus in China that could fuel...

#economy #finance #energy #index #opinion