All the updated news related to commodities

All the news related to commodities updated in real time

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City

BHP and Glencore deliver investor cheer as earnings soar

Mining giants BHP Group and Glencore have revealed bumper shareholder payouts after soaring commodity prices boosted earnings. BHP – the world’s biggest mining company – announced it would hand back more than 7 billion US dollars (£5.2 billion) to ...

15 Feb 2022 at 09:55

Inflation vow realistic ‘due to economic factors rather than political measures’

Rishi Sunak has made it one of his key pledges to halve inflation, but it is likely to be global commodity prices and a painful recession that bear down on prices rather than political measures, according to experts. The Prime Minister made the ...

04 Jan 2023 at 16:30

City

Government to scrap windfall tax if oil and gas prices fall further

The Government has announced it will remove the windfall tax on oil and gas companies should the price of the commodities continue to fall. Ministers said that they would slash the current 75% tax on North Sea oil and gas profits back to its ...

09 Jun 2023 at 11:43

City

Government accused of giving in to oil and gas giants with windfall tax change

The Government has been accused of “bowing to pressure from oil and gas giants” by announcing that it will remove the windfall tax should the price of the commodities continue to fall. Ministers said they would slash the current 75% tax on ...

09 Jun 2023 at 16:52

Barclays to pay £3m penalty after breaching US swap reporting rules

Barclays is to pay a four million-dollar (£3 million) penalty after being accused of breaching US trading rules. The Commodity Futures Trading Commission (CFTC) said the banking giant violated rules related to how it reported swap ...

01 Oct 2024 at 16:30

Court of Appeal dismisses challenge against London Metal Exchange nickel ruling

A commodity trader has lost a Court of Appeal challenge against a ruling that the London Metal Exchange (LME) acted lawfully by suspending and cancelling nickel trades following a “dramatic and unprecedented spike” in the metal’s ...

07 Oct 2024 at 17:11

Coffee drinkers braced for cost increase as bean prices reach record high

Coffee drinkers could be about to see costs rise yet again as the price of beans hits a new record high. The price for arabica beans – the world’s most popular bean variety – reached a 47-year high this week, having risen by ...

11 Dec 2024 at 09:27

City

KitKat maker Nestle reveals steep price hikes for coffee and chocolate

KitKat and Nespresso firm Nestle has pushed through double-digit price hikes for coffee and chocolate across some markets as it faces soaring commodity costs. The Swiss firm revealed it raised prices by 2.1% overall in the ...

25 Apr 2025 at 10:04

Years
2025

Related keywords
bhp group
commodities
glencore
mining

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