Billionaire Jay-Z’s Net Worth Jumps 40% With Sales Of Streaming Service Tidal, Champagne Brand

Billionaire Jay-Z’s Net Worth Jumps 40% With Sales Of Streaming Service Tidal, Champagne Brand

Jay-Z attends 2020 Roc Nation THE BRUNCH on January 25, 2020 in Los Angeles, California. (Photo by Kevin Mazur/Getty Images for Roc Nation) Over the past two weeks, the rapper struck deals to sell his boutique music streaming service and half of his champagne brand Armand de Brignac, adding an enormous pile of cash to […]

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Glencore has some stunning figures on the levels of battery metals the world will need by 2050

Glencore has some stunning figures on the levels of battery metals the world will need by 2050

Cars of the future will drive demand for battery metals. Picture: Tron: Legacy, Walt Disney Pictures Commodities producer and trader Glencore has put some bold numbers on the volumes of battery metals needed to supply the world as its moves away from fossil fuels usage. The London-listed company has modelled the quantities of cobalt, copper,

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Walgreens Poaches Starbucks Executive Rosalind Brewer for CEO

Walgreens Poaches Starbucks Executive Rosalind Brewer for CEO

Rosalind Brewer, speaking at Starbucks’ 2019 annual meeting, joined the coffee giant from Walmart. Images: JASON REDMOND/AGENCE FRANCE-PRESSE/GETTY IMAGES. Walgreens Boots Alliance Inc. named Starbucks Corp. operating chief Rosalind Brewer as its next chief executive, setting her up to be the only Black woman leading a Fortune 500 company today. Ms. Brewer will replace Stefano Pessina,

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Cobalt

Edito des Commo : Come-back du cobalt, du pétrole de schiste et de l’inflation ?

On les pensait morts et pourtant, leur renaissance pourrait bien marquer cette nouvelle année boursière. Je parle du retour en force du cobalt, dont les prix ne cessent de progresser depuis le 1er janvier, du pétrole de schiste US, qui n’a pas dit son dernier mot et de l’inflation, qui pourrait pointer le bout de son nez, une bonne nouvelle pour les acheteurs d’or.

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business

Apple Wants to Buy Cobalt Directly From Miners

The iPhone maker is reportedly keen to secure several thousand metric tons of cobalt, a key ingredient used to power smartphone batteries, for five years or longer, the anonymous sources said. Apple, one of the world’s biggest users of cobalt, is believed to have first opened talks with miners over a year ago in a bid to avoid getting caught out by potential future shortages of the raw material. Two-thirds of supplies come from the Democratic Republic of Congo.

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