Perth - based coal miner Ascot Resources has received commitments
from global commodity trader Gunvor Group for a $ 5 million equity capital investment in its $ 11.2 million raising.
Not exact matches
«If Trump abandons the deal, he risks a spike in
global oil prices,» said Ole Hansen, head of
commodity strategy at Saxo Bank, adding that re-introducing U.S. sanctions could remove 300,000 - 500,000 bpd of Iranian oil
from global supplies.
Unlike oil, gold and copper, for which prices are set in London and New York, iron ore is one of the few
commodities whose
global pricing takes its cue
from China.
Add to that a
global shift away
from commodity investment.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in
commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services
from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal
from the EU, on general market conditions,
global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
They are uniquely positioned to feed and benefit
from global economic growth via their relative
commodity advantages, yet at the same time they have massive domestic market expansion opportunities due to a surplus of under - utilized land or people.
Their contribution to
global commodity demand is far
from played out.
Prices for crude oil, the world economy's most essential
commodity, will need until 2020 to recover
from the price war unleashed last year by Saudi Arabia, the International Energy Agency said Tuesday in its annual outlook for the
global energy market.
«If Trump abandons the deal, he risks a spike in
global oil prices,» said Ole Hansen, head of
commodity strategy at Saxo Bank, noting that reintroducing U.S. sanctions could remove 300,000 - 500,000 bpd of Iranian oil
from global supplies.
Commodities» performance is quite a reversal
from the weakness we've seen lately, particularly last year, but we shouldn't expect another 2004 or 2005, when
global trade was humming.
While it is true the automakers like General Motors source 90 percent of their steel and aluminum
from suppliers here in North America, the concern is what happens to the
global price of those
commodities.
Wholly independent
from the diamond industry, SDiX operates in accordance with existing
global stock and
commodity market regulations.
Yesterday's International Merchandise Trade Annual Review
from StatsCan confirms the Mel Watkins thesis that Canada is rapidly reverting to its historical role as a
commodity producer for the
global economy.
From nickel to soybean oil, plywood to sugar,
global commodity prices have been on a steady decline as the world's economy has lost momentum.
While the
global economy faltered, China continued to grow, buying ever more
commodities from developing countries.
Its relatively high
global position reflects the special place the Australian dollar holds in portfolios of international funds managers because of its relation to
commodity prices, offering a degree of diversification
from other currencies.
The ongoing surge in demand, which has put an end to a long - lasting
commodity bear market that began in 2011, also helped the asset class to occasionally decouple
from broad selloffs in challenging
global equity markets.
If anything should be clear
from the bubbles of recent years, the greatest risks are not when prices are depressed, the economy is weak, and investors are frightened, but rather when prices are elevated and an unendingly positive outlook for technology, or housing, or
global growth, or private equity, or emerging markets, or
commodities seems all but certain.
Tullett Prebon Information (TPI) is a provider of «real - time price information
from the
global OTC financial and
commodity markets.»
Following a January rally, the
global commodities complex underwent declines in February before partially recovering in March; for the first quarter as a whole, the benchmark Thomson Reuters CoreCommodity CRB Index (CRB) gained 0.8 % on a price - only basis.1 Among the 19 component
commodities tracked by the CRB, advancers had a slight edge over decliners, buoyed by growth in
global economies and weakness in the trade - weighted US dollar, which retreated 2.1 %, according to the Federal Reserve's (Fed's) US Dollar Index.1 Aside
from robust gains for a host of agricultural products, oil and gold were also among the
commodity winners.
But again, the prediction that these would be star - performing economies was at best half right; as the
commodities exporters (Indonesia and Nigeria) suffered
from lower
global prices, while Turkey and Mexico faced political turmoil.
Shifting (a nascent trend)
from a
global savings glut supported by lower
commodity prices and toward narrowing
global imbalances amid stronger
global demand, which will depend to some extent on whether China can succeed in making the middle income transition.
The IMBAs and MBAs worked on a case for
global commodities firm Methanex, and were judged by representatives
from the company, including Mark Allard, VP of corporate development, who holds an MBA
from Sauder.
The Canadian economy continues to work its way back
from the post-crisis
global recession and the associated collapse in our exports while, at the same time, is adjusting to lower prices for oil and other
commodities as well as a much lower exchange rate.
At Societe Generale, named this year's
global Best in Interest - Rate Derivatives, sales of these products grew substantially in 2016, making them the biggest contributor to a 42 % increase in revenues
from fixed income, currencies and
commodities trading during the third quarter of last year.
Bank revenues
from commodities trading have soared since 2003, fueled by increasing
global demand
from emerging markets like China and India, requiring more oil, metal and raw materials.
Either rising oil output
from the Permian Basin affects everything for
global commodities markets or there are other forces at play.
Growth in Australia's export volumes has remained weak over the past year or so, despite strong growth in
global demand and world
commodity prices, with total exports virtually unchanged
from four years ago (Graph 31).
Mueller - Glissmann and colleagues forecast that «balance» would return to
global oil markets by 2016 and they upgraded their 12 - month view of the
commodity sector to «overweight»
from «neutral».
Demand has suffered as
global growth has slowed, particularly
from commodity - intensive emerging markets.
Global equity markets (including India) will correct savagely
from 1st September 2015 to 14th September 2015 and so also
commodities.
But no sooner had China's industrial base started to show some positive effects
from the pickup in
global commodity prices — which has allowed its factories to push through some price increases after many years of producer price deflation — than several of the industrial materials most reliant on Chinese demand started to come under pressure during April.
We also still favor assets levered to rising oil prices — energy stocks and select master limited partnerships — and other
commodities that should benefit
from accelerating
global growth.
In addition, Fed commentary alone had caused real
global capital to recede
from QE beneficiary risk assets such as emerging market equities, bonds and currencies as well as precious metals,
commodities and developed economy fixed income vehicles.
These two forces, domestic investment concentration in one asset class and an incoming tide of liquidity
from broader
global risk assets (think emerging markets,
commodities and the metals) characterizes the moment.
Global equity markets have more than doubled
from 2008 - 2009 financial crisis lows, but with concerns about China, credit, central bank policies, currencies and
commodities all piling up, where do we go
from here?
This is hypothesized to happen for many different reasons, including a decline in the competitiveness of other economic sectors (caused by appreciation of the real exchange rate as resource revenues enter an economy, a phenomenon known as Dutch disease), volatility of revenues
from the natural resource sector due to exposure to
global commodity market swings, government mismanagement of resources, or weak, ineffectual, unstable or corrupt institutions (possibly due to the easily diverted actual or anticipated revenue stream
from extractive activities).
The speakers were numerous,
from famed economist Jan Hatzius, Goldman's head of
global economics, to Jeff Currie,
global head of
commodities research.
«The continued expansion of world demand, resulting
from global population and economic growth and increasing preference for dairy products are expected to be the main drivers, fuelling EU exports and sustaining
commodity prices,» said the EC report.
In the past two years the amount of product sold into
global commodity markets has fallen
from 40 to 30 per cent.
He said this was because the co-operative was shifting away
from producing
commodity products, which now account for about 30 per cent of its total production, and had not sold anything on the
Global Dairy Trade auction since 2013.
Through the Consumer Goods Forum, the CDP / We Mean Business Coalition, and the public - private Tropical Forest Alliance 2020, hundreds of major companies have committed to eliminating
commodity - driven deforestation
from their supply chains by 2020, including companies that account for 90 percent of the
global trade in palm oil.
Merricks Capital, which specialises in soft
commodities, helped to create derivative contracts with the major US hamburger companies to allow them to hedge the cost of Australian beef while allowing them to profit
from anomalies in
global beef prices, such as the perceived high price of Australian cattle.
The fund, managed by rural property veteran David Bryant, also grew distributions by 4 per cent to 8.92 cents in FY16 (a yield of about 5.4 per cent) as it benefited
from rising
global demand for the
commodities its properties produce, the increasing scale and value of its portfolio and growing appetite for agribusiness
from big institutional investors.
«The increase reflects the recovery in
global dairy
commodity markets, combined with the continuing strong performance of Arla's
global brands, and the benefits
from a series of efficiency improvements instigated in the first half of the year coming through.
Michael Harvey, a senior analyst (dairy) with Rabobank, said he was optimistic for the Australian industry after
global dairy
commodity prices started to firm
from the middle of 2016.
In Canberra on November 29, Deputy Prime Minister Barnaby Joyce will meet with executives
from Wilmar International as he intervenes to try to resolve a bitter stoush between the
global commodities trader, marketing house Queensland Sugar Limited and canegrowers.
there is a larger than anticipated impact of our financial crisis and deleveraging on potential output; there has been the
global commodity price shocks, exacerbated here by our depreciated exchange rate; and, of course, there is the ongoing uncertainty in the eurozone which is now acknowledged to be having an impact on growth and investment across the world,
from the US to China.
Brackett feels strongly that joining various committees of many multinational associations
from the very start of his career has allowed him to gain the understanding of internationalism and
global issues which is considered such a valuable
commodity in today's world.
To be on the frontier of discovery and in the vanguard of innovation requires new capabilities and skills that are qualitatively different
from production - line education that turns students into
commodities in the
global marketplace at the cheapest price.?