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Trafigura Rattles Zinc Market With Huge Order for LME Metal

(Bloomberg) -- Trafigura Group has ordered thousands of tons of zinc out of London Metal Exchange warehouses, fueling a rally in prices, according to people familiar with the matter. Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldOrders to withdraw zinc from warehouses o

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In Hot Credit Market, Fixed-Maturity Funds Are Booming

(Bloomberg) -- Credit investors squeezed by the tightest spreads in almost 20 years are opting for bare-bones strategies, creating a boom for Europe’s fixed-maturity funds.Most Read from BloombergIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldThese previously-niche funds invest mostly in invest

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HP, Dell's weak forecasts spark share selloff, doubts over PC market recovery

Dell tumbled 11%, with the company set to shed about $11 billion from its $99.50 billion market value, after it forecast quarterly revenue below estimates. HP dropped about 5% and its market capitalization was set to shrink by nearly $2 billion, from $37.68 billion on Tuesday, following a quarterly profit projection that was short of analysts' view. The expected computer upgrade cycle due to Microsoft ending support for Windows 10 and transitioning to Windows 11 has been slower than anticipated.

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Landmark fish and meat markets in London to close, ending 1,000 years of tradition

Two of London's most famous markets — one selling fish, the other meat — are set to close in the coming years, bringing an end to traditions stretching back to medieval times. On Wednesday, the City of London Corporation, the governing body in the capital city's historic hub, is set to present a bill to Parliament to bring an end to its responsibilities to operate the Billingsgate fish market and the Smithfield meat market, both of which have existed in some shape or form since the 11th century.

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Why Is Drone Company Unusual Machines Stock Skyrocketing Today?

Unusual Machines, Inc. (AMEX:UMAC) shares are trading higher on Wednesday. The US-based drone and drone components manufacturer has made a notable move to strengthen its position in the growing drone industry by announcing the appointment of Donald Trump Jr. to its advisory board. Trump Jr., a renowned business leader, best-selling author, and investor in the company, brings significant expertise to the board. His appointment comes at a “pivotal time” as the company is working to bring drone com

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