Deutsche Bank nominates Alexander Wynaendts as next chairman

Anglo CEO expects investor support for plan to keep ‘met’ coal

Anglo American, which divested its thermal coal mines this year after pressure from investors, plans to retain its steelmaking coal portfolio as it is confident that they will not press for an early exit, the mining group’s chief executive said. Anglo (AAL.L) spun out its South African thermal coal operations and sold its stake in […]

CMA CGM’s earnings soar on shipping rush

Shipping group CMA CGM on Friday reported a surge in third-quarter earnings and said it expected an even stronger performance for the end of the year as intense demand kept freight rates high and container capacity stretched. French-based CMA CGM, one of the world’s largest container lines, said net profit rose to $5.6 billion in […]

Cryptocurrency Update: 6 Coins Rise Up To 2,40,236% in a Day; Bitcoin Prices Fall

The global cryptocurrency market capitalisation saw a slight increase in its numbers on Wednesday, November 17, after a constant dip over the past few days. The market cap was standing at 2.63 trillion, data from crypto tracking website CoinMarketCap showed. The total crypto volume, however, fell significantly during the course of the last day. The […]