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Alcoa earnings up on higher aluminium pricesAlcoa reported a stronger-than-expected increase in third-quarter profit as higher aluminum prices and lower costs drove a recovery in its business unit that produces aluminum. In the third quarter, the US company's net income More… |
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Saudi 'vulnerable to food inflation'Saudi Arabia remains vulnerable to increases in food prices due to its high dependence on imports, according to a report. In its new report analysing the impact of higher global food prices on Saudi’s food sector, NCB Capital, the kin More… |
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Raw materials surge in Q2Oil prices surged on Tuesday, heading for a spectacular end to a blistering quarter for industrial raw materials, most of which are on course for double-digit gains. Trading volume in both Brent and US crude oil futures surged to more than More… |
