Sage Investment Club

Vedanta to sell its foreign zinc assets to Hindustan Zinc for $2.98 bn

Metals and mining major Vedanta on Thursday said that its board had approved the sale of its international zinc assets in South Africa and Namibia to subsidiary Hindustan Zinc (HZL) for $2.98 billion. In a disclosure to the stock exchanges, Vedanta said the transaction would be an all-cash […]

European gas prices fall to lowest since Feb 21, before Ukraine war began

European natural gas prices started the new year declining as mild weather curbed demand. Benchmark futures dropped as much as 7.9% to the lowest level since February 21, extending three weeks of net declines.Weather forecasts point to temperatures above seasonal norms for most of the region in the next […]