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Chile copper production seen recovering

Bloomberg Chilean copper production is expected to recover from the leanest January in more than a decade to register a similar annual haul as last year, according to the president of the country’s mining society. The world’s biggest supplier saw output slide 7.5% from January 2021, with lower ore quality and water scarcity among the reasons. In some cases, the ...

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Commodities soar as war raises anxiety over supply shortages

  Bloomberg Commodities extended their massive rally as Russia’s invasion of Ukraine continues to roil global markets and fuel fears of supply crunches. Prices from crude and aluminum to wheat soared, as raw materials stage their most stunning weekly surge since 1974 during the days of the oil crisis. Russia’s growing isolation is choking off a major source of energy, ...

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Futures drop, European stocks slide as Ukraine war escalates

  Bloomberg US futures slid and European equities tumbled to a one-year low as war risks intensified after a Ukrainian nuclear power plant briefly caught fire. Contracts on US gauges signalled more losses for Wall Street as investors awaited the monthly jobs report. Europe’s Stoxx 600 benchmark fell nearly 3%, poised for its worst week since March 2020. An Asian ...

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