TOP STORY:Glencore-Led Group to Buy Teck's Coal BusinessCanadian miner Teck Resources said it is selling its coal assets to a group led by mining and trading giant Glencore in a deal that would cap a lengthy saga and be one of the biggest in mining this year. Under the terms of the deal, Switzerland-based Glencore will pay $6.93 billion for a 77% stake. The deal value reflects a robust market for so-called metallurgical coal, the kind used in steelmaking. --MARKET TALKS:Palm Oil Rises, Tracking Soybean Oil1012 GMT - Palm oil rose, tracking soybean oil's gains overnight on the Chicago Board of Trade. (yusuf.khan@wsj.com)--Oil Inches Higher as Market Fundamentals Tighten0844 GMT - Oil prices are inching higher, with market fundamentals remaining tight despite worries over global growth.
Source: Wall Street Journal November 14, 2023 11:46 UTC