Traders work on the floor of the New York Stock Exchange on Tuesday. Reuters
London Metal Exchange’s (LME) storage problems may badly affect small tin markets, according to analysts. Is the exchange’s physical storage function in danger of slipping into the shadows? That’s the question at the heart of the LME’s latest public discussion paper on its troublesome warehouse network.
The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays. But this year comparatively little has been happening.
Britain said it is ramping up preparations for a no-deal Brexit by spending an extra 2.1 billion pounds ($2.6 billion) to stockpile medicines, hire more border officials and fund one of the biggest peacetime advertising campaigns.
Etihad Airways and Pakistan International Airlines (PIA) have relaunched their codeshare partnership to provide their customers with greater access to both airlines’ trunk routes between the UAE and Pakistan, and on Etihad services across its global network.
The Middle East tourist inflow to Los Angeles is growing and we are expecting around 3 per cent growth in the near future, said Ernest Wooden Jr, President and CEO of Los Angeles Tourism & Convention Board.
ENGIE announces the signing of a Memorandum of Understanding (MoU) with the Saudi Industrial Development Fund (SIDF) to develop local talent and enhance the partnership between the two organisations.