| Downturn is forcing change and, for some businesses, 2016 will be about ‘being boring’. When the world’s most powerful commodity traders and executives gather on the shores of Lake Geneva this week, they will reflect on a market that has tested their businesses to the limit.
One year ago at the Financial Times Commodities Global Summit, some of the delegates were prepared to bet that the worst of the commodity downturn was over. But on Tuesday and Wednesday at the Beau Rivage Hotel in the Swiss city of Lausanne, they will debate how to respond to a prolonged slide that has dragged oil down to $40 a barrel and copper to its lowest since the financial crisis...............................................Full Article: Source
|