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Copper Miningin Financial Markets
3 hours ago

China faces potential copper output cuts due to ore shortages, while Codelco halts rescue efforts after a tragic mining accident in El Teniente.

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AI is doing job interviews now—but candidates say they’d rather risk staying unemployed than talk to another robot

FortuneSunday, August 3, 2025 at 10:03:00 AM
NegativeFinancial MarketsAI in hiring
AI is doing job interviews now—but candidates say they’d rather risk staying unemployed than talk to another robot
Job seekers are pushing back against AI-driven interviews, with many telling Fortune they’d rather stay unemployed than endure what they see as dehumanizing robot screenings. Candidates argue these automated processes signal poor company culture and a lack of human connection in hiring.
Editor’s Note: As AI creeps into more workplace processes, this backlash highlights a growing tension between efficiency and human dignity. If companies ignore candidate discomfort, they risk alienating talent—and reinforcing perceptions that they care more about tech than people.
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Latest from Financial Markets
Codelco ends El Teniente rescue effort after five miners found dead
NegativeFinancial Markets
Four out of five workers trapped in a collapse at Codelco's El Teniente copper mine in Chile have been found dead, with rescue efforts ongoing for the remaining miner. The incident highlights the dangers of mining operations, even at one of the world's largest and most modern facilities.
Amphenol nears $10 bln deal for CommScope’s broadband and cable unit- WSJ
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Amphenol, a major electronics components maker, is close to finalizing a $10 billion deal to buy CommScope's broadband and cable business, according to a report by the Wall Street Journal. This acquisition would significantly expand Amphenol's footprint in the telecom and internet infrastructure sector.
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China May Need to Trim Record Copper Output on Shortage of Ore
NegativeFinancial Markets
China's copper smelters might have to cut back on their record-high production due to a shortage of raw copper ore. This comes as the Chinese government cracks down on industrial overcapacity, adding pressure to an already strained supply chain.
Editor’s Note: Copper is a crucial material for everything from electronics to construction, so a slowdown in China—the world's top producer—could ripple through global markets, potentially driving up prices and disrupting supply chains. This story highlights how resource shortages and policy shifts can impact both industry and consumers worldwide.
Trump Fired America’s Economic Data Collector. History Shows the Perils.
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The article discusses the potential risks of former President Trump dismissing the head of the U.S. agency responsible for collecting economic data, drawing parallels to historical instances where such actions led to unreliable or politicized statistics. Experts warn that undermining data integrity could harm policymaking and public trust.
BlueScope Leads Green Steel Push With Bid For Whyalla Steelworks
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BlueScope Steel is spearheading an international group to bid for the struggling Whyalla steelworks in South Australia, with plans to explore transforming it into a green steel production facility. This move could revitalize the site by shifting to low-carbon manufacturing.
Editor’s Note: This story matters because it signals a major step toward sustainable steel production, which is critical for reducing industrial carbon emissions. If successful, it could set a precedent for other heavy industries to adopt cleaner technologies while preserving jobs and local economies.
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