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SKIP AHEAD Best Black Friday salesTo help you make the most of the shopping holiday ahead, we compiled some of the best Black Friday deals and sales that we think you’ll want to know about. Best Black Friday 2022 deals across retailersBelow, we’re sharing the best Black Friday deals based on our previous coverage and reporting. 4.7-star average rating from 10,600 on AmazonThis cookware set comes with 8-inch and 10-inch nonstick fry pans. Best Walmart Black Friday deals4.8-star average rating from 103 reviews at WalmartTineco’s S10 Cordless Smart Stick Vacuum is one of the brand’s newest models. Best Black Friday 2022 sales across retailersHere are the best Black Friday sales that we think you’ll want to know about.
Metals Rebound Fueled by Possible China Reopenings
  + stars: | 2022-11-15 | by ( Hardika Singh | ) www.wsj.com   time to read: 1 min
Rio Tinto said recently that aluminum demand has slowed down considerably in recent months. Signs of an end to China’s pandemic lockdowns have sparked a resurgence in prices for industrial metals. Traders are betting that the possible end of three years of China’s stringent pandemic restrictions could spark greater demand from the world’s leading user of commodities. U.S. copper futures recently recorded their largest one-day percentage gain since 2009. Zinc and tin trading in London had their best week since summer, while aluminum jumped over 6%.
Today's EVs run on lithium ion batteries — mostly made with lithium, cobalt, manganese and high-grade nickel, whose prices have soared. The EVs of the future — those arriving after 2025 — could shift to sodium ion or lithium sulfur battery cells that could be up to two-thirds cheaper than today's lithium ion cells. China's CATL (300750.SZ) has said it plans to begin producing sodium ion cells in 2023. Michigan-based Amandarry and British startup AMTE Power (AMTE.L) are developing sodium ion batteries using sodium chloride — basically table salt — as the main cathode ingredient. Battery developers hope they can add sodium ion and lithium sulfur batteries to the range open to the auto industry.
26 Early Black Friday Deals to Shop Right Now
  + stars: | 2022-11-14 | by ( ) www.wsj.com   time to read: +10 min
Madewell’s pre-holiday sale includes an extra 30% off sale styles and an extra 50% off select sale styles with the code SALEONSALE. The Segway Ninebot F30, a variant of the best electric scooter, is now available for $50 less than its previous best price. This is the lowest price we’ve ever seen for the Bonfire, with the sale running through Dec. 4. For Sur La Table’s Black Friday Early Deals event, select cookware is up to 60% off. Monos is offering up to 40% off sitewide during its early Black Friday sale.
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Frustrated by China’s huge trade surplus and accusing it of stealing US intellectual property, former President Donald Trump slapped tariffs on $50 billion of Chinese goods in June 2018. China, with its nearly $18 trillion economy, has in recent years been the main driver of global growth. China responded by slapping tariffs of its own on iconic American products like Harley-Davidson and Jack Daniel’s. Tech curbsBekink said she did not expect any dramatic shifts in trade flows to emerge as a result of the Biden-Xi meeting. US imports of semiconductors from China are 26% lower than before the imposition of 25% tariffs, according to Peterson.
Indonesia's Adaro signs MoU with Hyundai for aluminium supply
  + stars: | 2022-11-13 | by ( ) www.reuters.com   time to read: +1 min
NUSA DUA, Indonesia, Nov 13 (Reuters) - Indonesian metals company PT Adaro Minerals Indonesia, Tbk has signed a memorandum of understanding (MoU) with South Korea's Hyundai Motor Company on aluminium supply for automobile manufacturing, Adaro said in a statement on Sunday. The MoU was signed on the sidelines of the G20 summit in Bali, Indonesia. Under the MoU, Hyundai would secure the right to purchase aluminium produced by Adaro's subsidiary PT Kalimantan Aluminum Industry at an early stage of production, the statement said. Adaro Minerals is a unit of Indonesia's second-largest coal miner Adaro Energy. Reporting by Fransiska Nangoy and Ananda Teresia; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.
The US is sending Ukraine more riverine patrol boats in an aid package announced this month. The 40 boats in the latest package will join the 18 boats that the US supplied to Kyiv in June. The aid assistance package hasn't detailed the type of riverine boats that will be sent, but six from the previous batch were made by Louisiana-based Metal Shark. Those are now reportedly operating in the Black Sea. Ukraine defiantThe US supplied 10 34-foot Dauntless Sea Ark patrol boats, like those seen above, to Ukraine in June.
24 Early Black Friday Deals to Shop Right Now
  + stars: | 2022-11-11 | by ( ) www.wsj.com   time to read: +9 min
By Buy Side StaffIt’s not quite Black Friday yet, but that’s not stopping many of the top retailers from unleashing holiday deals. Madewell’s pre-holiday sale includes an extra 30% off sale styles and an extra 50% off select sale styles with the code SALEONSALE. The Segway Ninebot F30, a variant of the best electric scooter, is now available for $50 less than its previous best price. This is the lowest price we’ve ever seen for the Bonfire, with the sale running through Dec. 4. For Sur La Table’s Black Friday Early Deals event, select cookware is up to 60% off.
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19 Early Black Friday Deals to Shop Right Now
  + stars: | 2022-11-09 | by ( ) www.wsj.com   time to read: +7 min
By Buy Side StaffIt’s not quite Black Friday yet, but that’s not stopping many of the top retailers from unleashing holiday deals. It’s currently more than 50% off and close to the lowest price we’ve seen. Right now during the brand’s holiday sale, it’s more than 30% off. This is the lowest price we’ve ever seen for the Bonfire, with the sale running through Dec. 4. For Sur La Table’s Black Friday Early Deals event, select cookware is up to 60% off.
Business: Crown Holdings is a worldwide leader in the design, manufacture and sale of packaging products for consumer goods and industrial products. Activist Commentary: Carl Icahn is the grandfather of shareholder activism and a true pioneer of the strategy. The opportunity to create shareholder value here is relatively simple: sell non-core businesses, buy back shares and focus on the pure-play beverage business. The company announced its acquisition of Signode, a transit packaging business, for $3.9 billion in 2017, and might be reluctant to sell it for less than that now. There is more value in how they use those proceeds (i.e., buying back stock in an undervalued, growing business).
Automaker Stellantis expects inflation costs on raw materials to subside next year following significant increases during the coronavirus pandemic, CFO Richard Palmer told investors Thursday. The spiking costs of critical raw materials used by automakers such as steel, aluminum and others for EV batteries have been largely offset by record pricing of new vehicles, cushioning automakers' margins. "What we will see in 2023 is a lower impact from raw material inflation than the one we've seen this year. So, the entity of inflation impact, I think will be lower in 2023," he said when discussing the company's third-quarter revenue and deliveries. "Inflation may be high on other elements of the cost curve, but they are of a lower entity compared to raw material this year."
Rescue boats search the Machchu river where the pedestrian bridge collapsed on Sunday. Friends have lost friends and parents have lost children. By the time rescuers pulled Naseema to safety, the river had consumed every other family member who had been on the bridge that evening. He said that like many others, his daughter and son were excited to visit the bridge and watch the sunset. Crestfallen and anxious, he rushed to a nearby hospital where he saw his two children lying dead on stretchers.
He went with the 2023 Mini Cooper SE, which is a fully electric model priced at just over $25,000. I bought my first fully electric car, the Mini Cooper SE, in July. I gravitated toward the Mini Cooper SE, despite it costing slightly more, because it shares many of its technical components with the BMW i3 since BMW Group owns Mini. The gas cap on a 2023 red Mini Cooper SE. I've enjoyed every moment of owning my Mini Cooper SE.
MORBI, India — Police in western India arrested nine people on Monday as they investigated the collapse of a newly repaired 143-year-old suspension bridge in one of the country’s worst accidents in years, officials said. The collapse Sunday evening in Gujarat state plunged hundreds of people into a river, killing at least 134. The same month, Oreva closed the bridge, which spans a wide section of the Machchu river, for repairs. Modi was the top elected official of Gujarat for 12 years before becoming India’s prime minister in 2014. A Gujarat state government election is expected in coming months and opposition parties have demanded a thorough investigation of the accident.
Here are Tuesday's biggest calls on Wall Street: Bank of America reinstates Deckers as buy Bank of America called Deckers a "rare, consistent compounder." Deutsche Bank reiterates Amazon as buy Deutsche said "macro challenges are no doubt pressuring ad budgets" for Amazon, but the company continues to be well positioned. JPMorgan upgrades Carvana to neutral from underweight JPMorgan said in its upgrade of the stock that risks are now better understood. JPMorgan upgrades Monster to outperform from neutral JPMorgan said the beverage giant has an "attractive narrative." Bank of America reiterates Advanced Micro Devices as buy Bank of America said shares of AMD are attractive heading into earnings Tuesday afternoon.
JPMorgan thinks it's time to buy shares of Monster Beverage . Analyst Andrea Teixeira upgraded shares of Monster Beverage to overweight from neutral ahead of the company's third-quarter earnings results this week. "We think MNST is well positioned into 2023E from both organic top-line (JPMe: 11%) and bottom-line perspectives (JPMe: +31%)," Teixeira wrote in a Tuesday note. Several challenges remain for Monster Beverage, including rising inflation and greater competition from new entrants in the field. Shares of Monster Beverage are down just 2.4% this year.
China's factory activity declined in October, official data showed Monday. BEIJING — China's factory activity fell in October due to frequent Covid outbreaks, the National Bureau of Statistics said Monday. The official purchasing managers' index for manufacturing fell to 49.2 this month, down from 50.1 in September, the data showed. Readings below 50 indicate a contraction in business activity, while figures 50 above reflect expansion. Sub-indicators on factory employment, production, new orders and supplier delivery time all showed contraction in October compared to September.
Saudi shares rise on upbeat economic data, Dubai stocks fall
  + stars: | 2022-10-31 | by ( ) www.reuters.com   time to read: +2 min
Oct 31 (Reuters) - Saudi Arabia shares rose on Monday helped by strong economic data and some upbeat corporate results, while the Dubai index fell ahead of the U.S. Federal Reserve meeting. The benchmark Saudi index (<.TASI>) inched up 0.3%, erasing previous session's losses. The index was lifted by a 2.8% rise in Saudi National Bank's (<1180.SE>) shares. Saudi oil giant Aramco rose 0.4%, extending gains. The Dubai market declined as investors worldwide remain cautious ahead of the Fed's interest rate decision, said Wael Makarem, senior market strategist, MENA at Exness.
Goldman Sachs said this week that there are a bunch of stocks that are poised for long-term growth. "PEP remains very well positioned given its strong brand portfolio and long-term growth opportunities in Beverages," she wrote. Tesla "Mixed 3Q report; Company remains well positioned for long-term growth in part from potential cost and EPS drivers. BlackRock "Macro hurdles persist, but long-term growth outlook remains. … PEP remains very well positioned given its strong brand portfolio and long-term growth opportunities in Beverages."
Germany company Sono Motors says it will bring a solar-powered electric vehicle to market in Europe in mid-2023. Sono has brought the car, called the Sion, on a tour throughout the U.S., in anticipation of its eventual domestic release. For longer trips though, the Sion has a lithium iron phosphate battery with a 190-mile range, made by Chinese electric vehicle and battery giant BYD. Sono uses a polymer-based solar technology that it developed. While there are no mass-market solar electric vehicles available today, Hahn believes this technology will take off soon.
BERLIN—German chemicals giant BASF SE said it would downsize permanently in Europe, kindling concerns that persistently high energy prices could lead to a deindustrialization of the continent. High natural-gas prices in Europe in the wake of the Russian invasion of Ukraine have left few businesses untouched, leading to factory shutdowns and insolvencies from steel and aluminum to cars and toilet-paper makers. The chemical industry has been hit particularly hard as it uses gas to both generate power and as feedstock for products that make it into toothpaste, medicines and cars.
After spending decades working with silicon chips, Sheridan started Navitas to capitalize on an emerging technology he says has a multibillion-dollar market potential. Today, most of Navitas' GaN chips can be found in phone and laptop chargers made by companies like Samsung, LG, Lenovo, and Dell. Sheridan said integrated circuits gave Navitas chips a competitive edge over GaN chips produced by competitors like Infineon, Texas Instruments, and Nvidia. GaN chips are far from replacing silicon chipsWhile GaN chips have promise, silicon chips are dominant. It says it has also invested in research and development to design GaN chips for bigger systems.
Goldman Sachs has identified four "critical" sectors in the clean energy market, beyond the usual suspects. They are: copper or aluminum, electricity transmission, semiconductors and cybersecurity. The bank's picks include: Copper and aluminum: Major U.S. copper producer Freeport-McMoRan , aluminum manufacturer Constellium . Electricity transmission: U.S. energy infrastructure firm Sempra Energy , Public Service Enterprise Group . In electricity transmission, the permitting stage alone can take up to a decade or longer, said Goldman.
LEARN MORE What are single-serve coffee machines | Pods versus reusable brew baskets“Popularity of single-serve machines has been on the rise over recent years,” said Jessica Rodriguez, a coffee trainer who previously worked at the Specialty Coffee Association, a nonprofit coffee trade organization. Brew size : Experts told us single-serve coffee makers usually brew between a 5-ounce and a 12-ounce cup of coffee. : Experts told us single-serve coffee makers usually brew between a 5-ounce and a 12-ounce cup of coffee. Pods versus brew baskets : Most single-serve coffee makers employ single-use coffee pods — capsules of pre-ground coffee packaged into aluminum or plastic containers — but some are compatible with reusable brew baskets, giving you the flexibility to make any ground coffee of your choosing. : Most single-serve coffee makers employ single-use coffee pods — capsules of pre-ground coffee packaged into aluminum or plastic containers — but some are compatible with reusable brew baskets, giving you the flexibility to make any ground coffee of your choosing.
watch nowAluminum is the latest casualty of global economic headwinds as prices sink amid alleged dumping of Russian aluminum, weakening global demand and soaring operational costs. Earlier this week, stocks of aluminum in the London Metals Exchange (LME) warehouses leapt, sparking concerns of potential dumping of Russian-origin aluminum. The White House is already considering a ban on aluminum imports from Russian producer Rusal. Aluminum is the latest casualty of global economic headwinds as prices sink amid alleged dumping of Russian aluminum, weakening demand across the world including China and soaring operational costs. Any influx of Russian aluminum into LME warehouses also pose a more complex problem, Dhar said in a note.
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