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London loses way as home for gold miners

Bloomberg Reports that AngloGold Ashanti Ltd is considering a London listing provide some festive cheer to a city that’s lost its way as a home for gold miners. While Toronto, Johannesburg and Sydney have long hosted the biggest producers, London vies with New York as the world’s premier gold trading hub and its financiers have bankrolled the industry since the ...

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Mattel mired in longest streak of daily declines since 2015

Bloomberg Mattel Inc extended its longest streak of daily declines since 2015 after Goldman Sachs analysts cut estimates following the toymaker’s loss of licensing for certain DC Comics products, including boys’ action toys. Spin Master Corp will be the new licensee for DC in the boy’s action category, remote control and robotic vehicles, water toys and games and puzzles, displacing ...

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London’s loss is Luxembourg’s gain as funds face Brexit flux

Bloomberg Britain’s Brexit limbo is helping to give Luxembourg’s booming funds industry a boost at the expense of jobs in the City of London. UK funds are racing to set up management units in the EU to avoid being locked out of the soon-to-be 27 nation bloc come March 29. And many are choosing tiny Luxembourg, which has already carved ...

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