The IMF has warned the southern African nation is at high risk of debt distress, while investors have grown skeptical about the amount of external loans.
Donald Trump’s attempts to re-balance global trade have already sent the metals world into a tizzy and as countries respond to U.S. tariffs and sanctions, the disarray is set to increase.
Beijing Electric Vehicle Co.,is preparing for a stock-market listing and starting a battery-swap service to reduce customers’ range anxiety and keep up with similar offerings from rivals.
Goldman Sachs Group Inc. has poured cold water on the notion that a trade war between the U.S. and China represents a serious threat to raw materials, saying most of them aren’t likely to be significantly impacted.
Glencore Plc will buy back as much as $1 billion of its shares, a move that may soothe investor concerns after the world’s top commodity trader was hit by a U.S. Department of Justice probe earlier this week.
Shares in European carmakers are having their best trading day in two years after a U.S. official floated a proposal to eliminate vehicle-import tariffs on both sides of the Atlantic.
