
LME plans to replace LMEselect with HKEX Orion trading platform
London Metal Exchange plans to replace its LMEselect trading system with its owner Hong Kong Exchanges and Clearing’s Orion platform, CEO Matt Chamberlain said on Tuesday.

London Metal Exchange plans to replace its LMEselect trading system with its owner Hong Kong Exchanges and Clearing’s Orion platform, CEO Matt Chamberlain said on Tuesday.

With global borrowing costs probably as low as they can go, high debt levels will start to matter more in coming years, a Barclays study found, highlighting Brazil as the country at greatest risk of a hit to growth and debt sustainability.

Investment bankers’ business of putting together mergers and acquisitions (M&A) has never been stronger. Neither has their fear of missing out on meeting clients.

Rabobank is offering metal company clients incentives such as lower interest rates if they meet sustainability targets – and piloting penalties for the laggards, an executive from the Dutch lender said on Tuesday.

Consolidation of the aircraft leasing industry, which controls over 40% of the global passenger fleet, is likely to be accelerated by COVID-19, the head of major lessor SMBC Aviation Capital, said in an interview on Tuesday.

Germany’s two biggest listed landlords Vonovia SE (VNAn.DE) and Deutsche Wohnen have agreed to join forces in a 18 billion-euro ($22 billion) deal that risks stoking tensions over affordable housing in the run-up to general elections in September.

Commodities markets are unlikely to experience a “super-cycle” in the next few years, experts and audience polled at an online metals seminar on Tuesday said.

U.S. Treasury Deputy Secretary Wally Adeyemo said he expects strong backing from G7 peers for Washington’s proposed 15%-plus global minimum corporate tax, which should help solidify support in the U.S. Congress for domestic corporate tax legislation.

Asian shares advanced on Tuesday, tracking a rally on Wall Street, while the dollar held near a fourth-month low as inflation worries faded after Federal Reserve officials allayed fears about monetary policy tightening.

China’s Huawei Technologies (HWT.UL) said it will launch its new Harmony operating system for smartphones on June 2, its biggest move yet aimed at recovering from the damage done by U.S. sanctions to its mobile phone business.

London Metal Exchange plans to replace its LMEselect trading system with its owner Hong Kong Exchanges and Clearing’s Orion platform, CEO Matt Chamberlain said on Tuesday.

With global borrowing costs probably as low as they can go, high debt levels will start to matter more in coming years, a Barclays study found, highlighting Brazil as the country at greatest risk of a hit to growth and debt sustainability.

Investment bankers’ business of putting together mergers and acquisitions (M&A) has never been stronger. Neither has their fear of missing out on meeting clients.

Rabobank is offering metal company clients incentives such as lower interest rates if they meet sustainability targets – and piloting penalties for the laggards, an executive from the Dutch lender said on Tuesday.

Consolidation of the aircraft leasing industry, which controls over 40% of the global passenger fleet, is likely to be accelerated by COVID-19, the head of major lessor SMBC Aviation Capital, said in an interview on Tuesday.

Germany’s two biggest listed landlords Vonovia SE (VNAn.DE) and Deutsche Wohnen have agreed to join forces in a 18 billion-euro ($22 billion) deal that risks stoking tensions over affordable housing in the run-up to general elections in September.

Commodities markets are unlikely to experience a “super-cycle” in the next few years, experts and audience polled at an online metals seminar on Tuesday said.

U.S. Treasury Deputy Secretary Wally Adeyemo said he expects strong backing from G7 peers for Washington’s proposed 15%-plus global minimum corporate tax, which should help solidify support in the U.S. Congress for domestic corporate tax legislation.

Asian shares advanced on Tuesday, tracking a rally on Wall Street, while the dollar held near a fourth-month low as inflation worries faded after Federal Reserve officials allayed fears about monetary policy tightening.

China’s Huawei Technologies (HWT.UL) said it will launch its new Harmony operating system for smartphones on June 2, its biggest move yet aimed at recovering from the damage done by U.S. sanctions to its mobile phone business.
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