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Business Maverick: Spot Gold Breaks Through $2,000 With Haven Seekers Piling InSpot gold surged to a record $2,000 an ounce as investors continue to seek a haven amid growing economic and geopolitical risks.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: S&P 500 Climbs to Within 2% of Its Record High: Markets WrapThe S&P 500 Index headed for a fourth straight advance amid encouraging news on the vaccine front and speculation U.S. lawmakers are making progress on an aid package.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Tencent in Talks to Create $10 Billion Streaming GiantTencent Holdings Ltd. is driving discussions to merge China’s biggest game-streaming platforms Huya Inc. and DouYu International Holdings Ltd., people familiar with the matter said, in a deal that would allow it to dominate the $3.4 billion arena.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: PGM party: RBPlat surges back into profit, South Africa has positive terms of trade shockRoyal Bafokeng Platinum (RBPlat), a mid-tier and black-owned mining company, is the latest PGM (platinum group metals) producer to report stellar results in large part because of sky-high palladium and rhodium prices. These have also helped give South Africa a welcome shock on the terms of trade front.
Source: dailymaverick - 🏆 3. / 84 Read more »