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Iron Ore Has Been Hit For Six
Following the lead provided by Chinese futures on Wednesday evening, the iron ore price was hammered on Thursday, closing at a fresh two-month low. According to Metal Bulletin, the spot price for benchmark 62% fines plunged by 5.83% to $53.47 a tonne, leaving the price at the lowest level seen since March 15. Full investment news article
Shell To Invest $1.7B In New Energies Division
As oil giants face a political economy demanding its evolution, Shell is not alone in its strides towards shifting from oil to harnessing green energy. Full investment news article