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03/23/2022
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By Mary Villareal
Aluminum prices soar as Australia bans alumina exports to Russia
The ban on alumina exports to Russia has added more pressure on aluminum giant United Co. Rusal International PJSC. Moscow-based Rusal shares dropped after Australian Prime Minister Scott Morrison announced that the country is immediately banning exports. Australia supplies almost 20 percent of Russia’s alumina, which is a key ingredient for producing aluminum. Its exports of […]
01/21/2021
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By Franz Walker
Twitter shares dropped after the social media company banned former President Trump
Social media giant Twitter’s shares dropped by 12 percent on Monday, Jan. 11, after the company banned former President Donald Trump and other conservatives from their platform. The company’s shares dropped after the market opened, reaching a low of $45.17. According to Twitter, it had removed Trump’s account on Friday because some of the president’s […]
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