4 Min Read
LONDON (Reuters) - World share indexes stalled near all-time highs on Tuesday and the dollar and government bond yields tip-toed higher, as some of the biggest global economies pushed on with easing COVID-19 restrictions.
FILE PHOTO: FILE PHOTO: A passersby wearing a protective face mask is reflected on screen displaying the Japanese yen exchange rate against the U.S. dollar and stock prices at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020. REUTERS/Issei Kato/File Photo
A surge in the price of almost everything, from wood and wheat to metals and microchips, has fuelled talk of an inflation spike.
By Reuters Staff
2 Min Read
HANOI, May 4 (Reuters) - London aluminium prices rose on Tuesday, as top producer China’s commitment to curb carbon emissions sparked worries that supply of the energy-intensive metal will be limited.
Three-month copper on the London Metal Exchange rose 1.5% to $2,432.50 a tonne by 0253 GMT, copper advanced 0.9% to $9,909.50 a tonne, zinc was up 0.4% to $2,936.50 a tonne, while nickel fell 0.2% to $17,635 a tonne.
“We expect aluminium to remain supported in the short term amid concerns climate change policies in China will curb output,” said ANZ analysts in a note.
“Coal-fired power is used by more than 80% of China’s aluminium smelters. Pollution-reduction policies are likely to push many of them to hook up to the grid, thereby increasing their costs,” they added.
WASHINGTON (dpa-AFX) - Payment technology company Global Payments Inc. (GPN) has decided to acquire property technology company Zego from Vista Equity Partners, in an all cash transaction valued
| 04 May 2021
Even though the market is set to show continued steady losses in key arenas, the global pay-TV industry is, says a study from Digital TV Research, on track to add 15 million more subscribers between 2020 and 2026 to take the global total to 1.02 billion.
The Global Pay TV Subscriber Forecasts report looked at the state of pay-TV in 138 countries and found that fundamentally between 2020 and 2026, 92 countries will add pay-TV subscribers and 46 countries will lose them.
Beset by years of continued cord-cutting, the US is projected to be the biggest loser by 2026 down by 16 million subscribers. While China and India will together continue to provide just under half the world’s pay-TV subscribers, China is set to lose 10 million subscribers between 2020 and 2026 as OTT platforms are more appealing than traditional pay-TV. However, India if forecast to add 21 million pay-TV subscribers.