In trading on Wednesday, shares of Coeur Mining Inc (Symbol: CDE) crossed above their 200 day moving average of $5.31, changing hands as high as $5.50 per share. Coeur Mining Inc shares are currently trading up about 5.9% on the day. The chart below shows the one year perfor
It seems that every fundamental factor is working in gold’s favor right now. U.S. debt is massive and growing, dollars are being created at an alarming rate, and that is all happening at a time when sustained economic weakness is a real possibility.
Gold pushed above $1,800 an ounce on Wednesday for the first time since 2011, with analysts expecting further gains as investors stock up on an asset they expect to hold its value while the coronavirus convulses the global economy.
Thousands of Airbus workers marched alongside an airport runway in France and staged an 'empty chair' protest in Germany on Wednesday to protest against plans to cut up to 15,000 jobs.
EU antitrust authorities have extended their investigation into Ray-Ban maker EssilorLuxottica's 7.2-billion-euro ($8.1 billion) bid for Dutch opticians group GrandVision by a week to Aug. 20.
Men's apparel brand Brooks Brothers filed for Chapter 11 bankruptcy on Wednesday, joining a long list of retailers including Neiman Marcus that have crumbled under the impact of the coronavirus crisis.
Russian fertiliser maker Uralchem said on Wednesday it had temporarily suspended its Azot plant, an ammonia, nitric acid and urea producer in the Perm region, due to high calcium chloride levels in a river it uses for water supply.
Britain will nominate former trade secretary Liam Fox as its candidate to be the next director general of the World Trade Organization, it said on Wednesday.
A rapid-fire succession of setbacks for big energy pipelines in the United States this week has revealed an uncomfortable truth for the oil and gas industry: environmental activists and landowners opposed to projects have become good at blocking them in court.
South African Airways (SAA) will provide a year's training for up to 1,000 employees, revisions to its restructuring plan show, in a concession to trade unions angered by thousands of looming job cuts.
When the coronavirus pandemic left Ron Mueller without a market for the 3,200 piglets his hog breeding operation cranks out weekly and facing huge bills, his local electricity provider offered to cut the Illinois farmer some slack.
Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and misinformation, with more such action expected.
Cash-strapped Air Namibia will have its planes grounded at midnight on Wednesday after it failed to secure enough funding to remain solvent, voiding its air licence, the transport authority said.
El Al Israel Airlines said on Wednesday it has reached an agreement with its administrative and engineering workers that will save the battered airline $88 million a year.
Britain will nominate former cabinet minister Liam Fox to be the new chief of the World Trade Organization, a journalist for the Spectator political magazine said on Wednesday.
China's steel futures rose on Wednesday on optimism about demand prospects in the world's top metals consumer, while low domestic stockpiles also lent support.
Kenya's sports and culture minister Amina Mohamed will run to be the next Director-General of the World Trade Organization (WTO), a spokesperson said on Wednesday and a WTO official confirmed.
Online fashion retailer Boohoo said it was launching an independent review of its supply chain in Britain, led by a senior lawyer, following a media report about dire working conditions in one English factory that has hammered its shares.
Malaysia's Sime Darby Plantation on Wednesday said it will look into "serious allegations" of forced and child labour conditions in its estates after an activist group petitioned the U.S. Customs to ban imports of its palm oil.