Nickel Price Crash Seen Extending Indonesia’s Grip on Supply

Nov 22, 2024 | Markets

BHP reviews Australia assets as First Quantum halts mine Metal used in stainless steel and batteries extends losses A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s...

Indonesia Curbing Nickel Supply to Support Locals, Eramet Says

Nov 21, 2024 | Markets

French miner received 29% less ore sales quota than expected High ore price is a boon for local miners at smelters’ expense Indonesia is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged slump,...

KKR-Bain Brawl Worth $4 Billion Shows Japan Private Equity Boom

Nov 21, 2024 | Markets, Private Markets

Buyout firms are taking bolder steps to clinch deals KKR is bullish on Japan, where its returns are biggest When KKR & Co. offered almost $4 billion for a Japanese IT consulting company back in August, the proposal generated buzz in the country’s burgeoning buyout...

Billionaire Ken Griffin Says He’s Wary of Trump’s Tax-Cut and Tariff Agenda

Nov 21, 2024 | Markets

Trade barriers could lead to crony capitalism, Griffin warns Citadel founder says tax hikes may be needed to alleviate debt Billionaire Ken Griffin cast doubt on two of President-elect Donald Trump’s most loudly heralded economic policy plans: tax cuts and tariff...

Deere Shares Surge on Optimism Farm Gloom Will Lift in 2025

Nov 21, 2024 | Markets

Stock jumps to highest in a year despite weaker profit outlook Traders and executives have been looking for signs of a bottom Shares of Deere & Co. jumped to the highest level in more than a year as investors in the biggest farm machinery maker looked past a...