4 d. ago ECB’s Simkus Warns of Fragile Inflation Path Due to Euro, Energy

The European Central Bank has fulfilled its inflation goal but volatility in foreign-exchange and commodities markets means the outlook for prices is murky, according to Governing Council member Gediminas Simkus.

Economics

1 week ago Auramet Closes $350 Million Syndicated Revolving Credit Facility to Support Metals Franchise

NEW YORK — Auramet International, Inc. (“Auramet”), a leading precious metals merchant, is pleased to announce that it has closed a $350 million syndicated revolving credit facility (the “Facility”) led by Macquarie Group (“Macquarie”). Macquarie’s Commodities and Global Markets business acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was well […]

Economics

1 week ago What is the Strait of Hormuz and why is it so important for oil markets? 

It's a vital transport route for major Middle East oil and LNG producers

Economics

1 week ago Lagarde Reiterates ECB Well Placed But Monitoring Oil Swings

The European Central Bank is well placed to tackle “exceptionally high” uncertainty but will closely watch gyrations in commodities markets as tensions in the Middle East flare, President Christine Lagarde said.

Other

2 w. ago Charting the Global Economy: Key Central Banks Hold on Rates

Central bankers in the US, UK and Japan held the line on interest rates this week as officials attempt to gauge the impact of tariffs, uncertainty about economic activity and war in the Middle East.

Culture

3 w. ago Canadian businesses have to ‘turn inward’ and focus on the homegrown market, says steel CEO

ArcelorMittal Dofasco's Ron Bedard castigated himself for making his business too dependent on the U.S.

Economics

3 w. ago Five Key Charts to Watch in Global Commodity Markets This Week

Oil watchers who have been anticipating a glut now have the numbers to back it up as global inventories climb. The world is spending billions for power infrastructure to meet soaring demand — and that’s going to need a lot of engineers. China hosts the world’s biggest solar convention this week where the mood might be gloomy. And silver is shining brighter.

Culture

3 w. ago Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Global Energy Show The Global Energy Show kicks off on Tuesday in Calgary with people from 100 countries expected to attend the conference that will include a keynote address from the head of the Organization of the Petroleum Exporting […]

Economics