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Top miner BHP strikes deal to look for copper in Serbia

  Bloomberg BHP Group struck a deal to look for copper in Serbia as the world’s biggest mining company expands efforts to find new deposits of the metal essential for the green revolution. The top miners are bullish on the outlook for copper, which is used in wind turbines, grids and electric vehicles. And with demand expected to outstrip supply, ...

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Europe bracing for a sharp, abrupt real estate reversal

  Bloomberg Turmoil at trophy properties in London and Frankfurt offer a glimpse of the damage awaiting European real estate investors as they face the sharpest reversal on record. From a fraught refinancing process for an office building in the City of London to the strained sale of the Commerzbank Tower in Germany’s financial hub, investors are scrambling to find ...

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Nearly 20% of US firms expect to cut jobs: Survey

  Bloomberg A new survey of business economists suggests US job market conditions are beginning to soften, with firms indicating an easing of labor shortages and a pullback in hiring expectations. A National Association for Business Economics survey showed about a third of respondents say their firms are not facing any labor shortages, and nearly 20% expect employment at their ...

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