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☆ AI will nearly double demand for copper, which is already facing a global shortage
▼ + stars: | 2024-09-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The AI boom will nearly double demand for copper, mining firm BHP told the Financial Times. Copper is a necessary material for electrification, and AI data centers will require power capacity to expand. Chief Financial Officer Vandita Pant told the Financial Times that AI data centers will account for 6% to 7% of copper demand by 2050. These conditions caused copper prices to peak to a record high in May, though China's economic tumble has helped deflate prices to $9,207 a ton. Previously, the bank also considered copper prices to benefit from the expansion of AI data centers.

Persons: —, Vandita Pant Organizations: BHP, Financial Times, Service, Lundin Mining, Bank of America

The shares pared some gains and closed at C$27.98, giving the company a market capitalization of C$3.44 billion ($2.52 billion). The Lundin family holds a 32% stake in copper miner Filo Corp, while BHP holds a 6% stake in the company, according to recent regulatory filings and LSEG data. Lundin, BHP and Filo Corp did not immediately respond to a Reuters request for comment. Bloomberg News reported earlier on Friday that Lundin had pitched BHP on a joint bid for Filo. New Tab , opens new tabSave Share XFacebookLinkedinEmailLink Purchase Licensing Rights

Persons: Dado, Filo, Lundin, Divya Rajagopal, Mrinalika Roy, Maju Samuel, Josie Kao Organizations: BHP, REUTERS, Lundin, Filo, Lundin Mining, Filo Corp, Bloomberg News, Thomson Locations: Canada, Sol, Chile, Argentina, Lundin, Toronto, Bengaluru

☆ Meet the woman behind Dubai’s viral super-chunky chocolate bar
▼ + stars: | 2024-06-19 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +5 min

CNN —On TikTok, gooey, crunchy, loaded chocolate bars are going viral. Bursting with unusual fillings such as filo pastry, vanilla custard, or tea and biscuits, these chunky chocolate bars originate from Fix Dessert Chocolatier. It’s not just a chocolate bar, she says: “We want to create an experience.”The 38-year-old, who has been Dubai-based for nine years, launched the brand in 2021 as a side hustle. Inspired by her pregnancy cravings, the British Egyptian entrepreneur set out to create something more than the “typical” chocolate fix. The 200-gram chocolate bars, which retail for $20 each, are only available through food delivery service Deliveroo, with sales going live at 5pm daily.

Persons: ”, Sarah Hamouda, It’s, Maria Vehera, ingle, ike, ince, ideo, egan, hank Organizations: CNN, ust Locations: Dubai, British Egyptian, arak

☆ University Graduations Are Flashpoints for Protests Over Gaza
▼ + stars: | 2024-05-05 | by ( Yan Zhuang | ) www.nytimes.com time to read: +4 min

Kent State students protested the war in Gaza on Saturday during the annual commemoration honoring the four students who were killed by the National Guard on May 4, 1970. Hundreds of pro-Palestinian demonstrators gathered at Kent State University in Ohio on Saturday to protest the war in Gaza, exactly 54 years after a similar campus demonstration ended in four student deaths. Many of them were hoisting signs calling on the university to divest from weapons manufacturers and military contractors. Image Mary Ann Vecchio kneels over the body of Jeffrey Miller, a student who was killed by Ohio National Guard troops during an antiwar demonstration at Kent State University on May 4, 1970. Credit... Today, demonstrators at Kent State are asking the university to divest its portfolio of instruments of war.

Persons: James Rhodes, — Allison Krause, William Schroeder, Sandra Scheuer, Jeffrey Miller —, Ohio ”, Crosby, Stills, Nash, Young, Sophia Swengel, “, ”, ” Ms, Swengel, Mary Ann Vecchio, Jeffrey Miller, John Filo, Camille Tinnin, Yaseen Shaikh, Tinnin, Shaikh, Mark Polatajko, Rebecca Murphy, Polatajko, Murphy Organizations: Kent, National Guard, Kent State University, Force, Ohio National Guard, Kent State, Justice Locations: Gaza, Ohio, Kent State’s, Vietnam, Cambodia, Kent, ’, “, Palestine, ”

☆ Wall Street is bullish on copper, thanks to AI. Analysts love these stocks, giving one 234% upside
▼ + stars: | 2024-04-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Copper is used in data centers for power cables, electrical connectors, power strips and more, Jefferies noted in an April 10 note. It estimates that global copper demand by data centers will increase from 239 kt (thousand tons) in 2023 to at least 450 kt per annum in 2030. "Hopes for GenAI / data centre copper demand growth are adding to investor bullishness on copper, against a backdrop of constrained supply," it wrote. For those looking to buy into the sector, CNBC Pro screened for stocks in the Global X Copper Miners ETF. In addition to the Global X Copper Miners ETF, those who want to invest in this sector via exchange-traded funds can consider the Sprott Copper Miners ETF and the iShares Copper and Metals Mining ETF.

Persons: Jefferies, Morgan Stanley, It's Organizations: CNBC Pro, Copper Miners, Solaris Resources, Filo Mining, Miners, Metals Mining

☆ Mike Lindell's MyPillow is getting evicted from its Minnesota warehouse after the company failed to cough up over $200,000 in unpaid rent
▼ + stars: | 2024-03-27 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

The embattled businessman is now facing eviction for one of his warehouses in Minnesota. Lindell's company owes more than $217,000 in rent to its landlord, per the Star Tribune. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMike Lindell's MyPillow is getting evicted from one of its Minnesota warehouses, the Star Tribune, a local Minnesota newspaper, reported on Tuesday.

Persons: Mike Lindell, —, Mike Lindell's MyPillow, MyPillow, Sara Filo, Filo Organizations: Star Tribune, Service Locations: Minnesota

☆ Keen on harvesting tax losses? Scotiabank names 10 Canadian stocks as 'prime candidates'
▼ + stars: | 2023-11-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

As the end of the year approaches, investors are likely to be reviewing their portfolios and considering which stocks to sell to harvest tax losses. Tax-loss harvesting is a strategy to offset capital gains tax from stocks that have run up in share price with losses from non-performing stocks. To aid investors, Scotiabank identified several stocks on Canada's TSX Composite index that are down significantly this year but are still rated as "Sector Outperform" by its analysts. "These are prime candidates to keep long-term exposure to despite recent weakness," said Scotiabank analysts led by Hugo Ste-Marie in a note to clients on Nov. 13. Scotiabank pointed out that the top 20 stocks in the S & P 500 index are up significantly this year, while the remaining 480 stocks are showing losses on average.

Persons: Hugo Ste, Marie Organizations: Scotiabank, Stocks, TELUS International, Allied, Trisura, HudBay Minerals, Hudbay Minerals, Capstone, Corp, Ivanhoe Mines, Teck Resources, Tech Locations: Park, Canada, Teck

☆ Goldman Sachs and others expect copper prices to soar. Here are some related stocks that analysts love
▼ + stars: | 2023-06-05 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Copper prices are at their lowest levels in almost a year, but it could provide investors with a buying opportunity. In another May report, Goldman Sachs gave copper prices 25% upside over the next 12 months, rising to $11,000 per ton. Copper prices suffered a nearly 6% decline in May — on pace for the worst month in almost a year since June 2022, according to CNBC analysis. But the market is currently in a "significant deficit" phase, said Goldman analysts. Filo Mining , another Canadian miner, had the highest buy rating at 91%.

Persons: Goldman Sachs, Goldman, It's, — CNBC's Michael Bloom Organizations: Wall Street, Citi, CNBC, CNBC Pro, Copper Miners, NGEx Minerals, Teck Resources, Filo Mining, United States Copper, Bloomberg Locations: China, U.S, Teck

☆ Veracruz state: Home of the flying Voladores, Mexico's top coffee and more
▼ + stars: | 2023-04-29 | by ( Tim Leffel | ) edition.cnn.com time to read: +8 min

The Voladores of Veracruz in Mexico have a history that goes back at least 1,400 years. “The flying ritual has never had a learning age, it is a project of a lifetime,” he says. Nearly all of the Voladores train in or around Papantla, where the flying schools prepare young people to take over for those who are eventually aging out. Coffee, ancient ruins and an overlooked capital cityMen with ankle ropes flying deftly around a pole are not the only export from this state, though. The big draw, however, is Mexico’s second most important archaeological museum after the one in Mexico City.

☆ Goldman and others are bullish on copper. Here are some stock ideas that analysts love
▼ + stars: | 2023-04-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The demand surge in metals such as copper, nickel and lithium "has only just begun," according to Goldman Sachs. Demand for copper in particular is set to rise to 17% of total demand for so-called green metals by 2030, according to Goldman, from 7% currently. Meanwhile, UBS in a separate March note was also bullish on the outlook for copper demand, saying there is a $60 billion opportunity in EV charging infrastructure. This will lead to a significant rise in copper demand, the bank added. Copper and gold miner SolGold was the only other firm with a 100% buy rating, although its upside was more limited at over 10%.

☆ TSX rises for fifth day as Filo Mining gains
▼ + stars: | 2023-03-30 | by ( Johann M Cherian | ) www.reuters.com time to read: +2 min

ET (14:11 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) was up 55.48 points, or 0.28%, at 19,893.13. Filo Mining Corp (FIL.TO) shares rose 4.8% after CIBC started the coverage of the miner with an "outperform" rating and a target price of C$38. Canadian equities are set to end the first quarter at 3% higher if gains hold. "Things are feeling a lot better than they did a few weeks ago, so people are allocating back to equities heading into quarter end," said Greg Taylor, chief investment officer at Purpose Investments. After a recent spike in investor concerns about a financial meltdown, banks (.GSPTXBA) are set to end the quarter down more than 1%.

☆ O bătrână din Italia a lăsat moştenire 5 milioane de euro celor nevoiași. Femeia și-a scos rudele din testament
▼ + stars: | 2021-04-20 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Au fost însă excluse din testament rudele femeii, care au încercat anul trecut să o interneze într-un centru pentru îngrijiri. Sper că Bunul Dumnezeu nu va voi să mă pedepsească pentru asta”, a scris dr. Torelli în testament. Din testament nu lipsește asistenta fostei dentiste, iar soțului ei i-a rămas o casă din Prato Nevoso. În februarie, tot la Genova, o profesoară ieşită la pensie a lăsat moştenire 25 de milioane de euro pentru 16 instituţii, printre care spitale şi organizaţii de caritate, dar şi persoane fizice. Edmonda Marisa Cavanna nu a uitat nici de femeia care a asistat-o în ultimele luni de viaţă, căreia i-a lăsat 3,7 milioane de euro.

Persons: Dentista, Angela Torelli, Edmonda Marisa Organizations: Lega del, Italiană, Mediafax Locations: Dentista pensionară, Genova, Lega del Filo, Prato

☆ O bătrână din Italia a lăsat moştenire cinci milioane de euro celor nevoiași; Femeia și-a scos rudele din testament
▼ + stars: | 2021-04-19 | by ( ) www.jurnal.md time to read: +2 min

Sursa foto: Profimedia ImagesO bătrână din Italia a lăsat moştenire cinci milioane de euro celor nevoiași; Femeia și-a scos rudele din testamentO bătrână din Italia, ieşită la pensie după ce a profesat zeci de ani ca medic stomatolog, a lăsat moştenire 5 milioane de euro unor organizaţii caritabile, care vor ajuta oamenii nevoiași. Femeia și-a exclus rudele din testament pentru că a vrut să o interneze într-un centru de îngrijire, iar în schimb i-a trecut pe fosta sa asistentă de la cabinetul medical, dar și pe femeia de serviciu. Au fost însă excluse din testament rudele femeii, care au încercat anul trecut să o interneze într-un centru pentru îngrijiri. În februarie, tot la Genova, o profesoară ieşită la pensie a lăsat moştenire 25 de milioane de euro pentru 16 instituţii, printre care spitale şi organizaţii de caritate, dar şi persoane fizice. Edmonda Marisa Cavanna nu a uitat nici de femeia care a asistat-o în ultimele luni de viaţă, căreia i-a lăsat 3,7 milioane de euro.

Persons: Angela Torelli, Edmonda Marisa Organizations: Lega del, Italiană, Mediafax Locations: Italia, Genova, Lega del Filo, Prato

☆ Turkish foods: 23 delicious dishes
▼ + stars: | 2020-04-09 | by ( Lisa Morrow | ) edition.cnn.com time to read: +15 min

SaksukaA traditional Turkish side dish, saksuka consists of eggplant, zucchinis, garlic, tomatoes and chili. ShutterstockTurkish cuisine incorporates a huge range of vegetable dishes known as zeytinyagli yemegi – foods cooked in olive oil. ShutterstockKisir is a salad made from fine bulgur wheat, tomatoes, garlic, parsley and mint. Hamsili pilavHamsili pilav -- an oven baked rice dish with a layer of fresh anchovies on top. GozlemeThis traditional Turkish pastry is often stuffed with salty white cheese, minced beef or spinach.

Persons: Manco, tahini, Ezogelin, Shutterstock, Ezo, Turkey it’s, pul, munch, Yaprak, Inegol, Mustafa Efendi, İskender Efendi, they’re, Shutterstock Hamsi, perde, Su, They’re, It’s, Suleyman the, Evliya Celebi, Cig, bulgur, Lokum, Shutterstock Lokum Organizations: CNN, biber, Turks, Oxford English Locations: Turkey, Turkish, Anatolia, Gaziantep, Mercimek, Shutterstock, Turkish Aegean, Bulgaria, Inegol, Bursa, Erzurum, marinate, Rize, Siirt, Kayseri, Central Anatolia, Avanos, alfoil, Borek, Central, Eastern Europe, Ottoman, Sanliurfa, Turkey’s, Istanbul

☆ International desserts: 50 famous desserts around the world
▼ + stars: | 2018-11-30 | by ( Jen Rose Smith | ) edition.cnn.com time to read: +41 min

Taste that rich filling for evidence of the Arab influence that infuses Sicilian cuisine: The candied citrus that often flavors the creamy interior remains beloved throughout the Middle East. In the 1990s, the cake became a menu star as a lava cake or molten chocolate cake. A soft, flaky dough is shaped into a plump half-moon that barely contains the sweet filling, then topped with a light blanket of powdered sugar. Variations on medovik differ widely, but the most popular takes incorporate one of two very Russian ingredients into the sweet filling. Sesame Balls, Jian Dui, ChinaShutterstockBite into the crisp shell of a deep-fried jian dui to discover a sweet filling within the golden, sesame-seed-studded exterior.

Persons: Hong, Austria Natasha Breen, it’s, United States Robert Lachman, Fannie, they’ve, Katharine Hepburn, “, don’t, ” Cannoli, Johanna Kindvall, Ruth Wakefield, Cornes, Brûlée, France David Carson, Louis, Dan Tats, eggy tarts, beignets, Maine’s, Bob Fila, you’re, Gulab Jamun, gulab, Eid, kashata, Kouign Amann, amann, Dominique Ansel, Brittany, kouign amann, kulfi, Pierre Hermé, Torte, daubing, ma’amoul, they’re, blini, United States Nathan Congleton, Pavlova, Aussies, Anna Pavlova, you’ll, Rigó, Rigó Jancsi, Princesse de Caraman, Saffron, Jian, Anita Chu, jian, Xue Hua Bing, Taipei’s, xue, bing, Sticky Rice, rong, treacle, ’, Tatin, you’ve, ”, Tim Krob, tim krob Organizations: CNN, Los Angeles Times, Boston Cooking, Southern, Morocco –, Louis Post, Dispatch, TNS, Chicago Tribune, Gelato, Sudan –, New, NBC, Philadelphia, Taste Research, New Zealand, Kiwis, Midwestern, Le, Central America Locations: Africa, Asia, Italy, Portugal, South, Argentina, Peru, de leche, America, Vienna, Baklava, Turkey, Ottoman, Levant, Balkans, Caucasus, North Africa, Constantinople, Germany, Middle East, East, United States, Fannie Farmer’s, Sicily, Palermo, Sweden, fika, Singapore, pandan, States, Massachusetts, Boston, France, Southern United States, Gazelle, Morocco, Tunisia, Algeria, Moroccan, Tetouan, St, Hong Kong, nata, Macau, Portland, Portland , Oregon, Torta, Hungary, Austro, Europe, Sarajevo, Budapest, Latin America, Spain, Mexico, Chocolat, Gelato, Bologna, India, Persia, York, East Africa, Kifli, Knafeh, Amman, Alexandria, Palestinian, Nablus, Brittany, SoHo, Breton, Kulfi, Mughal, Paris, Austria, Linz, Austrian, Tangier, South Sudan, Sudan, Tanzania, Kenya, Mozambique, Uganda, Medovik, Russia, borscht, New York, Eastern Europe, Philadelphia, Netherlands, Wageningen, Australia, New, New Zealand, Philippines, Manila, Mexico City, Qatayef, Rigó Jancsi, Belgium, Cream, Iran, Persian, Saffron, Tehran, Tehrangeles, China, Taiwan, Midwestern United States, Midwest, Mango, Thailand, Southeast Asia, United Kingdom, Treviso, Umbria, Ulaanbaatar, Tres, Central, United, Oakland

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