David Goodman

2 months ago | mining.com | David Goodman |Cecilia Jamasmie

Reuters | January 30, 2025 | 11:29 am Markets Europe USA Gold  The London Bullion Market Association (LBMA) said on Thursday it is liaising with CME Group and US authorities on the significant premium of COMEX gold to the London market. “The US gold market has been trading at a premium to the London market since the US presidential election result in late 2024.

Oct 9, 2024 | gurutrade.com | Alvise Armellini |David Goodman

ROME, Oct 9 (Reuters) - Carmaker Stellantis is on course to secure Italian government backing for its planned sale of a majority stake in robotics business Comau to One Equity Partners, a source close to the matter said on Wednesday. So-called golden power legislation gives the government the right to block or set conditions on deals concerning Italian companies that operate in strategic sectors.

Oct 8, 2024 | gurutrade.com | David Goodman

LONDON, Oct 8 (Reuters) - Global physically backed gold exchange-traded funds (ETFs) registered a fifth consecutive month of inflows in September as North America-listed funds added to their holdings, the World Gold Council (WGC) said on Tuesday. Gold ETFs store bullion for investors and account for a significant amount of investment demand for the precious metal that touched a record high of $2,685.42 an ounce on Sept. 26, buoyed by the start of U.S. interest rate cuts.

Jul 25, 2024 | gurutrade.com | David Goodman

July 25 (Reuters) - Air France KLM faces a hit of about 10 million euros ($10.85 million) from last week's global technology outage, finance chief Steven Zaat said on Thursday. The group is one of the first airlines to disclose a cost linked to the disruption. "The expectation is that it will cost us around 10 million (euros)," Zaad said in a press call, adding that KLM and Transavia bore the brunt of the disruptions while Air France was not seriously affected.

Jul 22, 2024 | gurutrade.com | Tassilo Hummel |David Goodman |Alexander Smith

PARIS, July 22 (Reuters) - Vivendi said on Monday it will pursue a listing in London for its Canal+ pay TV unit while its Havas advertising arm will be listed in Amsterdam as it detailed break-up plans. In April, Vivendi said a feasibility study for its planned split into four separate businesses was progressing. Canal+ and Havas would have virtually zero net debt, the company said, adding that Vivendi itself could have net debt of about 1.5 billion euros to 2 billion euros after the move.