Canada's main stock index fell on Tuesday, dragged by mining and energy stocks, while expectations of a hawkish stance from the Bank of Canada in its meeting later this week further dented sentiment. At 9:46 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 16.76 points, or 0.08%, at 21,268.08, weighed by nearly 1% slide in mining and energy stocks.
During GreenBiz's VERGE 2021 climate tech event this week, Giatec®, a leading innovator in sustainable concrete, draws attention to the significant reductions in CO2 emissions from cement production using their artificial intelligence tools Roxi and SmartMix. Every year, 20 billion tons of concrete is produced globally. This translates to approximately 2 billion tons of Greenhouse Gas emissio...
German October export expectations fell to the worst value since February 2021 as raw material supply bottlenecks have been affecting the industry sector, the Ifo economic institute said on Tuesday. Export expectations fell to 13 points in October from 20.5 points a month before and the industries that are affected the most include electrical equipment, chemicals and car manufacturing, Ifo said.
Pinnacle, the largest reliability analytics company in the world, released its Economics of Reliability Report for the global chemicals industry today. The urgency to improve asset performance is very real in this sector of the global economy, said Jeff Krimmel, Chief Strategy Officer at Pinnacle.
U.S. farmers are pre-buying seeds and chemicals they need earlier than normal, in a bid to secure supplies for next spring amid sector-wide supply-chain problems, a top executive at German agricultural and pharmaceuticals firm Bayer AG said on Tuesday.
Russia's Nornickel, the world's largest palladium producer, said on Monday it had begun a contest for scientists to find new ways to use the metal that has been hit by a chip shortage in the auto industry, its top consumer sector.
BASF has partnered with the Womens Business Enterprise National Council a leading non-profit organization dedicated to helping women-owned businesses thrive to help foster greater supplier diversity and inclusion in the chemical industry supply chain.
Canada's main stock index hit a one-month high on Thursday, as Canopy Growth Corp (CGC) led gains in healthcare stocks and stronger commodities lifted energy and mining shares. At 9:50 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 142.24 points, or 0.69%, at 20,760.71, helped by healthcare and energy stocks.
Canada's commodities-heavy main stock index hit a one-month high at open on Thursday, aided by energy and mining shares, while Barrick Gold gained on a rise in third-quarter gold production. At 9:34 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 124.71 points, or 0.6%, at 20,743.18.
Japanese manufacturers have become less positive about business conditions whereas the service-sector outlook improved to a level not seen since the start of the coronavirus pandemic, showed the Reuters Tankan poll for October.
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