News

World’s third-largest insurer to divest from oil sands and pipelines

By analyst By Valentina Ruiz Leotaud AXA SA, the third-largest insurer in the world, announced today that it will divest about $822 million from the main oil sands producers and associated pipelines, and will stop further investments in these businesses. The move could affect companies such as TransCanada, Enbridge and Kinder Morgan. In a media

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This is how much copper, nickel, cobalt an electric vehicle world needs

By analyst By Frik Els Cobalt briquettes, Nikkelverk, Norway. Image: Glencore Glencore’s investor day on Tuesday painted a positive picture not just of the Swiss miner and commodities trader’s business but also had good news for the mining industry as a whole. Glencore commissioned CRU to measure the impact the global shift away from internal

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Bitcoin Goes Legit

By Brian Maher This post Bitcoin Goes Legit appeared first on Daily Reckoning. Dear Reader, Bitcoin takes its next step to $50,000… $1 million… or 1 cent… The Chicago Board Options Exchange (CBOE) opened bitcoin futures to trading this weekend. The Chicago Mercantile Exchange (CME) plans to open its own bitcoin futures next Monday, Dec.

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