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AMC collects a massive payout in recent sell-off, small businesses are having difficulty hiring, and Biden's new tax plan is gaining approval.
Coal is seeing a dramatic spike in demand just as several major miners are hit with production problems.
Indonesia, currently the No. 1 source of coal for Asia’s largest economy, has been hit by heavy rainfall. That’s seen total shipments drop about 15% below pre-virus levels, Morgan Stanley said in a note this week. Indonesian coal futures on the Singapore Exchange also rose to an all-time high in May. The Cerrejon mine in Colombia has been hit by blockades of a rail line and port last month. The company said May 30 that it would be gradually reopening. Even with China’s import ban, Australian coal futures are surging thanks to buying from Japan, South Korea and Taiwan. Spot prices for hi...
Carbon Management Software Market Swot Analysis By Key Players | Enable, Verisae, Accuvio
(Bloomberg) -- Oil steadied in Asia after closing at the highest level since October 2018 as an industry report pointing to a decline in U.S. crude stockpiles reinforced optimism over the demand recovery.Futures in New York traded near $69 a barrel after adding almost 4% over the previous two sessions. The American Petroleum Institute reported inventories fell by 5.36 million barrels last week, according to people familiar. That would be the biggest draw in a month if confirmed by official data.