Page 44 - Glencore News Today

African and European decision-makers can achieve mutual benefit on critical raw materials – but the EU should be clearer about which parts of the value chain it…

London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

Iseq index sheds more than 1% as Ryanair falls

FTSE 100 8,049.18 0.05%

By Pranav Kashyap, Sruthi Shankar and Khushi Singh (Reuters) -Britain’s FTSE 100 index ended lower on Wednesday, reversing earlier gains, as a downbeat update from chemicals group Croda and losses in luxury retailer Burberry weighed, though a jump in metals miners kept losses limited. Earlier in the day, the blue-chip FTSE 100 index rose to…

Reckitt Benckiser shares rose 3.6p% after the consumer goods group reported steady demand for its hygiene and health products this year.

European stocks failed to hold early gains and ended weak on Wednesday with the mood turning cautious past mid afternoon as investors awaited some crucial U.S. economic data for more clarity about the outlook for interest rates.

The shift comes as forecasters turn increasingly bullish on copper, aluminum and other metals, where long-anticipated production shortfalls are starting to take shape. Many commodities houses also see strong links between metals usage and power markets - another growth area for traders.

European stocks failed to hold early gains and ended weak on Wednesday with the mood turning cautious past mid afternoon as investors awaited some crucial U.S. economic data for more clarity about the outlook for interest rates.

Sources close to discussions said negotiations were at an early-stage and other miners were interested in the London-based producer of platinum and copper.