Mining shares have continued to fall in the face of low commodity prices.Shares in Anglo American, which fell more than 12% on Tuesday, fell another 10% on Wednesday morning in London.The group announced on Tuesday it would cut some 85,000 of its workforce in a massive restructuring.Among the major commodities only oil managed to stage a slight recovery, with Brent crude rising above $40 a barrel in Asian trade.However, most analysts believe that any recovery will be short-lived with the world continuing to face a glut of commodities.
Wednesday, December 9, 2015
commodity prices dip
Subscribe to: Post Comments (Atom)
Nah, 'murica does nothing but grow, grow, grow?ReplyDelete