Bloomberg Copper sinks below $8,000 a ton, hitting its lowest since early 2021, as deepening fears about a global economic slowdown drive a rout in industrial metals. The metal, widely considered a barometer of the world economy, slumped as much as 3.6% to $7,959 a ton in London, extending losses after its worst quarter in a decade. Investors appear ...

  Bloomberg Sweden’s H2 Green Steel took a vital step toward building its first facility in the north of the country after receiving the go-ahead from a local court. The main permit was for construction of the plant, the Land and Environmental Court in Umea said in a statement on Friday. It also granted approval for rerouting a stream, while ...

It’s a sobering thought that, even after all the central bank wailing and gnashing about inflation, the European Central Bank (ECB) has yet to increase the official deposit rate from the negative 50 basis points it’s been stuck at for almost three years. When policy makers meet later this month, they should follow the example of peers elsewhere by implementing ...