In the third quarter, Glencore, the Anglo-Swiss commodity miner, experienced a decline in production across all metals, except for gold and coal. Notably, nickel and ferrochrome saw double-digit drops. However, the company stated that its output of key metals, including copper, coal, and zinc, remained in line with expectations. Let's take a closer look at the … [Read more...] about Glencore’s Third Quarter Production Report
Forex News
D4T4 Solutions Expects Positive Half-Year Results
D4T4 Solutions, an AIM-listed data company, has announced that it anticipates a swing to adjusted pretax profit for the first half-year. This improvement is attributed to the growth of its sales pipeline and delayed revenue from contracts signed in the previous year. According to the company, the adjusted pretax profit for the half-year ending September 30 is projected to be … [Read more...] about D4T4 Solutions Expects Positive Half-Year Results
Air Canada Updates Fourth Quarter Capacity and Full Year Forecast
Air Canada has announced that it is expecting higher capacity in the fourth quarter compared to the prior-year period. However, the airline has adjusted its forecast for the full year, citing higher costs. Fourth Quarter Capacity Increase Air Canada plans to increase its available seat miles (ASM) by approximately 10% in the fourth quarter. ASM is a measure of an airline's … [Read more...] about Air Canada Updates Fourth Quarter Capacity and Full Year Forecast
Auto Stocks Drop as ON Semiconductor Disappoints
Stock in Tesla and other auto makers took a hit on Monday following a disappointing forecast from automotive chip maker ON Semiconductor. The company reported third-quarter sales of $2.18 billion, slightly surpassing analysts' expectations of $2.15 billion. However, ON Semiconductor's management projected fourth-quarter sales of approximately $2 billion, falling short of Wall … [Read more...] about Auto Stocks Drop as ON Semiconductor Disappoints
Aker Carbon Capture Conducting Feasibility Study for Carbon-Capture Plant in Germany
Aker Carbon Capture, a Norwegian company, has announced that it will be conducting a feasibility study for a carbon-capture plant at a waste-to-energy facility in Germany. The study, awarded by Amsterdam-based renewables company Tree Energy Solutions, will focus on assessing the optimal carbon dioxide capture, liquefaction, and temporary storage facility. The proposed plan … [Read more...] about Aker Carbon Capture Conducting Feasibility Study for Carbon-Capture Plant in Germany
