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Analysis-Copper glut driven by tariff threat to deflate US price bubble
LONDON (Reuters) -U.S. President Donald Trump’s 50% tariff on copper has placed a record premium on prices of the metal in the United States that is likely to ease over the coming months as a stockpile created by traders anticipating the levy works through the system.The tariffs, which Commerce Secretary Howa … Read More >>
Trump administration to subpoena Harvard for information on foreign students
The Departments of Education and of Health and Human Services also said in a statement they had notified the school’s accreditor that it had violated federal law by not addressing alleged harassment of Jewish students. That could result in the loss of Harvard’s accreditation, making students ineligible for fe … Read More >>
Nvidia becomes first company to hit $4 trillion in market value
Shares of the leading chip designer were last up 1.63%, at $162.61, after reaching an all-time high of $164 earlier, as the company is benefiting from the ongoing surge in demand for artificial intelligence technologies.COMMENTS:MICHAEL ASHLEY SCHULMAN, CHIEF INVESTMENT OFFICER, RUNNING POINT CAPITAL, LOS ANG … Read More >>
Exclusive-Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say
LONDON/HOUSTON (Reuters) -Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company’s proposed facility in Cameron, Louisiana, as it seeks to strengthen its position in the market for the superchilled fuel, four people told Reuters on Wednesday.The talks are f … Read More >>
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