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‘Cobalt rally far from over’

Bloomberg Tight cobalt supplies will keep boosting the price of one of this year’s hottest commodities, according to Eurasian Resources Group S.a.r.l., which is developing an almost $1 billion project in the Democratic Republic of Congo. Cobalt jumped 71 percent this year on surging demand for the metal used in batteries for electric cars made by firms such as Tesla ...

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Healthcare propels Stockholm’s First North as Promore plans listing

Bloomberg The number of fresh listings on Nasdaq Inc.’s alternative First North market in Stockholm has more than doubled this year, driven by health-care companies such as Promore Pharma, the latest from that industry to plan an initial public offering. Stockholm’s First North market saw 27 new listings, including 20 IPOs, between early January and May 22, according to data ...

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UK political chaos intensifies as no DUP deal reached yet

Bloomberg Prime Minister Theresa May’s office backtracked on a statement that a deal was reached with Northern Ireland’s Democratic Unionist Party, adding to a sense of chaos around her government after last week’s disastrous election, and eight days before Brexit talks begin. “The prime minister has tonight spoken with the DUP to discuss finalizing a confidence and supply deal when ...

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