Latest news with #industrygroup
Reuters
5 days ago
- Business
- Reuters
German construction industry sees slight revenue gains in 2025
FRANKFURT, June 5 (Reuters) - German construction industry revenue is forecast to record a slight increase of up to 1% in 2025 after a decline in 2024, an industry group said on Thursday. The BVB construction association said it was cautiously optimistic and predicted revenue of 428 billion euros ($488.43 billion) for the year. In 2024, revenue slumped 3% to 425 billion euros as the country's property sector grappled with its worst crisis in decades. ($1 = 0.8763 euros)
Bloomberg
14-05-2025
- Business
- Bloomberg
Cobalt Market Awaits Congo Plan That May Roil Battery Industry
A forthcoming decision by the Democratic Republic of Congo on cobalt exports could potentially send prices for the metal soaring and lead battery makers to seek alternatives, an industry group said. Cobalt has jumped more than 50% since the African nation responsible for three quarters of global output halted exports on Feb. 22. An extension of the ban or strict quotas could push the price even higher, Benchmark Mineral Intelligence said Wednesday in a report prepared for the Cobalt Institute.
