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Yankuang Energy goes overseas again: its subsidiary Yancoal Australia plans to acquire 80% equity of the Red Falcon coal mine for $2.4 billion, expanding its global coking coal portfolio.

Yankuang Energy goes overseas again: its subsidiary Yancoal Australia plans to acquire 80% equity of the Red Falcon coal mine for $2.4 billion, expanding its global coking coal portfolio.

Yancoal Australia, a listed subsidiary of Yancoal Energy, announced plans to acquire up to 80% ownership of the Red Falcon coking coal mine in Queensland for a maximum of USD 2.4 billion, further expanding its portfolio of high-quality overseas coking coal assets. According to a statement submitted by Yancoal
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Down another 15% this year! The S&P 500 Textile & Apparel Index hovers near pandemic lows, Goldman Sachs warns: high oil prices and US-Iran conflict will become "killers" of consumption

Down another 15% this year! The S&P 500 Textile & Apparel Index hovers near pandemic lows, Goldman Sachs warns: high oil prices and US-Iran conflict will become "killers" of consumption

The latest data from the global sports apparel supply chain shows that overall industry sentiment remains gloomy. Geopolitical tensions, rising raw material costs, and uncertainty in consumer demand have combined to exert continued pressure on sector valuations. The S&P 500 textiles, apparel & luxury goods sub-sector index has
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