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Anglo Platinum sees weak demand for metals this year on auto shift

Bloomberg Anglo American Platinum Ltd. sees a surplus of platinum-group metals this year as demand from makers of jewelry and car catalytic converters drops, weighing on prices and adding to pressure on miners. Lower demand follows falling sales of diesel vehicles in Europe, which use platinum to cut pollution, and a slowing Chinese jewelry market, the Johannesburg-based company said in ...

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Euro region grows at slowest pace in 6 months as manufacturing cools

Bloomberg Growth in the euro-region economy started the third quarter at the weakest pace in six months as manufacturing cooled. A composite Purchasing Managers’ Index fell to 55.8 in July from 56.3 in June, IHS Markit said on Monday. The figures indicate that gross domestic product is expanding at a 0.6 percent quarterly pace, compared with 0.7 percent in the ...

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The wild blue yonder ain’t what it used to be

The aircraft arrayed around the spacious lawn of Maxwell Air Force Base, home of the Air University, mostly represent long-retired types. The largest, however, is a glistening B-52 bomber, which represents a still-employed component of the Air Force’s aging fleet: The youngest B-52 entered service in 1962. Sons have flown the same plane their fathers and grandfathers flew. But, then, ...

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