AUNZ

Stocks suffer renewed slide on growth fears, dollar extends rally

Stocks suffer renewed slide on growth fears, dollar extends rally

LONDON, May 9 (Reuters) – Stocks fell heavily again on Monday and the dollar rocketed to a new two-decade high as worries about higher interest rates and a tightened lockdown in Shanghai deepened investors’ fears that the global economy is rapidly heading for a slowdown. After a bruising session on Friday in which US stocks …

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Global scramble for metals thrusts Africa into mining spotlight

Global scramble for metals thrusts Africa into mining spotlight

A truck exits the mine after collecting ore from 516 meters below the surface at the Chibuluma copper mine in the Zambian copperbelt region. REUTERS/Rogan Ward Register now for FREE unlimited access to Reuters.com Register JOHANNESBURG, May 8 (Reuters) – The need to secure new sources of metals for the energy transition amid sanctions on …

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