Thursday, March 31, 2016

Kunming police say Fanya Exchange used investor savings illegally

BEIJING, April 1 (Reuters) - Chinese authorities said they

have now determined that illegal activity took place at the

controversial Fanya Metals Exchange, which ceased operations

last year amid accusations by investors that it was running a

multibillion-dollar Ponzi scheme.

Read more

UPDATE 1-Workers at Cerro Verde copper mine in Peru plan strike next week

LIMA, March 31 (Reuters) - Workers at Freeport McMoRan Inc's

Cerro Verde mine in Peru plan to go on a 48-hour strike

April 8 to protest what they describe as the near disappearance

of their profit-sharing bonus this year, the union said

Thursday.

Read more

U.S. trade barrier report hits China on industrial overcapacity

WASHINGTON, March 31 (Reuters) - The United States on

Thursday criticized China's government support of heavy

industries including steel and aluminum in a new report on

foreign trade barriers, saying the resulting overproduction has

distorted markets and cost U.S. jobs.

Read more

UPDATE 1-Libya sanctions shift possible when unity gov't controls fund -UN

UNITED NATIONS, March 31 (Reuters) - The U.N. Security

Council said on Thursday it was ready to consider changes to

sanctions on Libya's sovereign wealth fund once a unity

government confirms it has control of it, along with the

National Oil Corporation and the central bank.

Read more

UPDATE 1-Guinea and Burkina Faso to take back unused mining permits

March 31 (Reuters) - Guinea and Burkina Faso plan to take

back hundreds of unused mining permits for re-auction, ministers

said this week, as governments try to reignite interest in the

sector.

Read more

UPDATE 1-Canada launches WTO complaint against U.S. on glossy paper duties

GENEVA, March 31 (Reuters) - Canada has filed a complaint

against the United States over anti-dumping duties imposed on

imports of supercalendered paper, which is used in glossy

magazines and catalogues, the World Trade Organization (WTO)

said on Thursday.

Read more

UK's Osborne says rallying support to tackle cheap steel imports

LONDON, March 31 (Reuters) - British finance minister George

Osborne said he was talking to other governments about taking

action to prevent the dumping of cheap steel after Britain's

biggest producer Tata Steel put its operations up for sale.

Read more

MIDEAST STOCKS-Markets end mixed after wild quarter

DUBAI, March 31 (Reuters) - Major Middle East stock markets

ended mixed on Thursday after a volatile quarter in which Gulf

bourses plunged to multi-year lows before recovering along with

oil prices, while Egypt swung in response to currency policy.

Read more

CANADA STOCKS-TSX seesaws, on track for 5 percent gain in March

TORONTO, March 31 (Reuters) - Canada's main stock index

seesawed on Thursday as energy stocks firmed after crude oil

prices turned higher but materials and healthcare stocks

dragged.

Read more

India's UltraTech buys Jaiprakash cement plants in new $2.4 bln deal

MUMBAI, March 31 (Reuters) - India's UltraTech Cement Ltd

will buy Jaiprakash Associates Ltd's cement

plants for 159 billion rupees ($2.4 billion) including debt, the

companies said in a revised deal unveiled on Thursday.

Read more

Guinea and Burkina Faso to take back unused mining permits

March 31 (Reuters) - Guinea and Burkina Faso plan to take

back hundreds of unused mining permits for re-auction, ministers

said this week, as governments try to reignite interest in the

sector amid a downturn.

Read more

Morocco's bourse suspends trading in Alliances Development

RABAT, March 31 (Reuters) - Morocco's financial market

watchdog AMMC suspended trading in property company Alliances

Development on Thursday pending an important announcement, a

source from the regulator said.

Read more

UPDATE 1-Russia's Sibur talking to Sinopec about gas plant investment

VYNGAPUR, Russia, March 31 (Reuters) - Russian petrochemical

company Sibur is in talks with shareholder Sinopec

about investing in a planned gas chemical plant in

Russia's Far East, Sibur boss Dmitry Konov told reporters on

Thursday.

Read more

UPDATE 1-Britain says state takeover not the answer in steel crisis

* South Wales plant is losing $1.4 million a day

(Adds comments from Cameron, worker at Port Talbot)

Read more

UPDATE 3-Baosteel sees higher 2016 output as world reels from China's glut

* Tata puts British business up for sale, cites cheap China

steel

Read more

Canada launches WTO complaint against US on paper duties

GENEVA, March 31 (Reuters) - Canada has filed a complaint

against the United States over countervailing duties imposed on

imports of supercalendered or glossy printing paper, the World

Trade Organization (WTO) said on Thursday.

Read more

Britain's Cameron says no guarantees over future of Tata Steel assets

LONDON, March 31 (Reuters) - Prime Minister David Cameron

said there were no guarantees that Tata Steel's business in

Britain would be saved after the Indian company put it up for

sale and that he did not believe nationalisation was the right

answer for the industry.

Read more

UPDATE 1-UK's Nanoco expects lower revenue after amending Dow license deal

March 31 (Reuters) - British nanotechnology company Nanoco

Group Plc said on Thursday that its full-year revenue

would be less than expected due to lower royalty payments from

Dow Chemical Co after the two amended a licence

agreement.

Read more

Russia's Sibur CEO says China's Sinopec eyes building Amur gas processing plant

VYNGAPUR, Siberia, March 31 (Reuters) - China Petrochemical

Corporation (Sinopec Group) is among a group of companies

displaying interest in building the Amur gas processing plant,

Sibur chief executive Dmitry Konov told reporters on Thursday.

Read more

UK's Nanoco cuts revenue forecast on amended Dow licensing deal

March 31 (Reuters) - British nanotechnology company Nanoco

Group Plc said on Thursday it expects full-year

revenue to be less than it previously expected due to lower

royalty payments from Dow Chemical Co.

Read more

Australian prospector goes Hollywood as mining bust bites

SYDNEY, March 31 (Reuters) - Movie making has joined

pursuits such as egg farming, the growing of medical marijuana

and beauty products as another way for struggling mining

companies to weather one of the industry's worst downturns in

decades.

Read more

Wednesday, March 30, 2016

Australia's Duet to raise $153 mln to pay for Alcoa pipeline stake

SYDNEY, March 31 (Reuters) - Energy infrastructure owner

Duet Group launched a A$200 million ($153 million)

capital raising on Thursday to finance the purchase of the

remaining 20 percent of the Western Australian state gas

transmission line it does not already own from Alcoa Inc's

Australian arm.

Read more

Eldorado Brasil hires Credit Suisse, BofA for bond debut -sources

NEW YORK/SAO PAULO, March 30 (Reuters) - Pulpmaker Eldorado

Brasil SA has hired the investment-banking units of three

international banks and a Brazilian lender to manage a debut

global bond offering of up to $500 million, four sources with

direct knowledge of the decision said on Wednesday.

Read more

Tata's UK steel exit raises expectations of European mergers

* Consolidation waves seen at times of distress or

empire-building

Read more

UPDATE 2-Kinross okays first-phase expansion of North Africa mine

March 30 (Reuters) - Kinross Gold Corp said on

Wednesday it plans to go ahead with a $300 million, first-phase

expansion of its Tasiast gold mine in North Africa that will

nearly double the mine's production and slash its production

costs.

Read more

Sex trafficking 'staggering' in illegal Latin American gold mines-researchers

BOGOTA, March 30 (Thomson Reuters Foundation) - The scale of

sex trafficking around illegal gold mines in parts of Latin

America is "staggering," and thousands of people working there

are prey to labour exploitation by organised crime groups, a

think-tank said on Wednesday.

Read more

MIDEAST STOCKS-Markets mixed, money flows to UAE

DUBAI, March 30 (Reuters) - Middle East stock markets were

mixed on Wednesday as money flowed into bourses in the United

Arab Emirates but many markets dropped in shrinking volumes,

suggesting some investors were pulling out.

Read more

Nationalisation not right answer for Tata's UK steel - minister

LONDON, March 30 (Reuters) - British business minister Sajid

Javid said he did not think that Tata Steel's British

steel-making assets should be nationalised and there was more

that the European Union could do to help the industry via import

tariffs.

Read more

UPDATE 1-K+S chairman backs CEO after report of pressure to replace him

* Chairman says board to decide succession in due course

(Releads with Chairman backing CEO, background on waste water

disposal, prosecutor's charges)

Read more

RPT-COLUMN-Yellen caution spells trouble for Australian miners: Russell

LAUNCESTON, Australia, March 30 (Reuters) - Janet Yellen has

emerged as another problem for commodity producers, particularly

those in Australia, as her caution over interest rates has

effectively weakened the U.S. dollar.

Read more

Russia police say blast kills officer, Islamic State claims responsibility

MOSCOW, March 30 (Reuters) - One police officer was killed

and two injured late on Tuesday when two vehicles were blown up

by an explosive device in Russia's Dagestan region, police said,

while the Islamic State group said it was behind the attack.

Read more

German EconMin wants to help steel sector compete with China

BERLIN, March 30 (Reuters) - German Economy Minister Sigmar

Gabriel backs demands from Europe's steel industry to create

globally fair competition and has, with some EU counterparts,

asked the EU to take measures to help, a spokeswoman said on

Wednesday.

Read more

RPT-UPDATE 2-India's Tata Steel puts British business up for sale

MUMBAI, March 30 (Reuters) - India's Tata Steel,

Britain's largest steelmaker, put its entire UK business up for

sale to stem heavy losses, a move that would draw a line under

its almost decade-long foray into Britain's declining steel

industry.

Read more

Finland hopes for new growth from shrunken forest industry

LAPPEENRANTA, Finland, March 30 (Reuters) - It has created a

modest 200 jobs in a Finnish forestry industry that has lost

around 20,000 in the past decade, but UPM-Kymmene's new biofuels

plant offers long-awaited growth and hope.

Read more

Tuesday, March 29, 2016

UPDATE 2-India's Tata Steel puts British business up for sale

* Includes Port Talbot, UK's biggest steelworks

(Adds share movement, analyst quote)

Read more

COLUMN-Yellen caution spells trouble for Australian miners: Russell

LAUNCESTON, Australia, March 30 (Reuters) - Janet Yellen has

emerged as another problem for commodity producers, particularly

those in Australia, as her caution over interest rates has

effectively weakened the U.S. dollar.

Read more

BUZZ-India's Tata Steel gains, puts UK business up for sale

** Britain's largest steelmaker is considering the sale of

its entire UK business to stem heavy losses

Read more

Tata Steel to sell entire UK operation -BBC

March 29 (Reuters) - Britain's largest steelmaker Tata Steel

Ltd is expected to announce the sale of its entire UK

business, BBC reported citing union sources.

Read more

Deere acquires stake in U.S. leader in high-clearance sprayers

March 29 (Reuters) - Deere & Co said on Tuesday it

has acquired a majority stake in Hagie Manufacturing, allowing

the farm and construction machinery manufacturer to enter the

high-clearance sprayer market.

Read more

UPDATE 1-No criminal charges in California balcony collapse that killed Irish students

March 29 (Reuters) - No criminal charges will be filed in

connection with the deadly collapse of an apartment balcony in

Berkeley, California, last year in which five visiting Irish

students and an American friend were killed, prosecutors said on

Tuesday.

Read more

MIDEAST STOCKS-Saudi falls after weak data, most bourses rise

DUBAI, March 29 (Reuters) - Saudi Arabia's stock market fell

sharply on Tuesday as petrochemical stocks sagged and the

central bank reported weak economic data, but most major markets

in the region gained.

Read more

RPT-Facing losses and grain glut, U.S. farmers to plant more corn

MANHATTAN, Ill., March 29 (Reuters) - Three years into a

grain market slump, U.S. farmers are set to plant more corn,

taking a calculated gamble that higher sales will help them make

up for falling prices without triggering even more declines.

Read more

British brick maker Forterra aims for 450 mln stg London listing

LONDON, March 29 (Reuters) - Brick maker Forterra,

previously known as Hanson's UK building products division, said

on Tuesday it would float in London next month, aiming to

capitalise on demand from house builders in Britain.

Read more

UPDATE 1-Russian gold producer Polymetal returns to profit in 2015

* Shares down 3 pct, underperform industry index

(Adds details, quotes, context)

Read more

UPDATE 1-Kyrgyzstan's cenbank cuts key rate 200 bp as economy contracts

BISHKEK, March 29 (Reuters) - Kyrgyzstan's central bank cut

its policy rate to 8 percent from 10 percent, it said on

Tuesday, citing economic contraction and falling consumer

prices.

Read more

Facing losses and grain glut, U.S. farmers to plant more corn

MANHATTAN, Ill., March 29 (Reuters) - Three years into a

grain market slump, U.S. farmers are set to plant more corn,

taking a calculated gamble that higher sales will help them make

up for falling prices without triggering even more declines.

Read more

Monday, March 28, 2016

Mounting debts could derail China plans to cut steel, coal glut



Read more

China's Dongbei Special Steel misses payment on short-term note

SHANGHAI, March 29 (Reuters) - Dongbei Special Steel Group

Co Ltd, an unlisted steel manufacturer based in Northeast China,

missed a payment on an 800 million yuan ($122.98 million)

short-term note which matured over the weekend, the Shanghai

Clearing House said in a statement on its website.

Read more

UPDATE 1-China's Dongbei Special Steel misses payment on short-term note

SHANGHAI, March 29 (Reuters) - Dongbei Special Steel Group

Co Ltd, an unlisted steel manufacturer based in Northeast China,

missed a payment on an 800 million yuan ($123 million)

short-term note which matured over the weekend, the Shanghai

Clearing House said in a statement on its website.

Read more

RPT-China mutual funds turn to commodities, bet on reforms

* Hope campaign to overhaul resources sector will push up

prices

Read more

UPDATE 1-Brazil steel production to fall further as job losses mount

March 28 (Reuters) - Brazil will produce 32.9 million tonnes

of raw steel in 2016, 1 percent less than last year, as the

sector wrestles with an historic slump in demand amid the worst

recession in a generation, the Brazil Steel Institute said on

Monday.

Read more

RPT-Tiny fruit fly sours Australia's big ambitions in agriculture

SYDNEY, March 27 (Reuters) - A tiny fruit fly is undermining

Australia's efforts to grow its $3 billion fruit and vegetable

exports, despite the country reaching a series of free trade

agreements with its largest trading partners in Asia.

Read more

To save South America's forests harmonize tough environment rules - study

TORONTO, March 28 (Thomson Reuters Foundation) - To feed a

growing population without destroying the world's forests,

governments and companies need to harmonise rules on

deforestation to stop farms or cattle ranches from moving

operations into areas with weak environmental laws, researchers

said on Monday.

Read more

CANADA STOCKS-TSX falls as energy, mining stocks weigh

TORONTO, March 28 (Reuters) - Canada's main stock index fell

on Monday, as energy and mining stocks pulled back with oil

prices slightly lower, while consumer names made some gains.

Read more

MIDEAST STOCKS-Markets narrowly mixed, Dubai holds chart support

* Kuwait Finance House surges on offer to buy affiliate

stake

Read more

China mutual funds turn to commodities, bet on reforms

* Hope campaign to overhaul resources sector will push up

prices

Read more

Sunday, March 27, 2016

S.Korea set for record IPO year as conglomerates prepare to sell family silver

HONG KONG, March 28 (Reuters) - Riding a Seoul stocks

revival, some of South Korea's biggest family firms are set to

clean house this year with multi-billion dollar initial public

offerings that will fire the country to a record year for new

listings.

Read more

Cheap buyout plans in Singapore? Not so quick, say minority shareholders

SINGAPORE, March 28 (Reuters) - Singapore managements are

increasingly being forced to pay up for taking their companies

private as minority investors demand bigger premiums to the

depressed market valuations of targets, underscoring a growing

trend of shareholder activism in Asia.

Read more

Tiny fruit fly sours Australia's big ambitions in agriculture

SYDNEY, March 27 (Reuters) - A tiny fruit fly is undermining

Australia's efforts to grow its $3 billion fruit and vegetable

exports, despite the country reaching a series of free trade

agreements with its largest trading partners in Asia.

Read more

Saturday, March 26, 2016

CORRECTED-Nails and nail varnish: Brussels bombers prepared a "satanic" cocktail

BRUSSELS, March 25 (Reuters) - An empty apartment block on a

quiet street turned out to be the perfect place for the three

suspected Brussels attackers to prepare the home-made nail bombs

used in Tuesday's airport and metro attacks that killed at least

31 people.

Read more

(EN) SteamBroker

false

Nails and nail varnish: Brussels bombers prepared a "satanic" cocktail

BRUSSELS, March 25 (Reuters) - An empty apartment block on a

quiet street turned out to be the perfect place for the three

suspected Brussels attackers to prepare the home-made nail bombs

used in Tuesday's airport and metro attacks that killed at least

31 people.

Read more

Friday, March 25, 2016

Polish minister approves tripling of logging in ancient forest

WARSAW, March 25 (Reuters) - Poland will approve a tripling

in the volume of wood to be harvested from Bialowieza Forest,

the environment minister said on Friday, putting the country on

a collision course with the European Union and

environmentalists.

Read more

Zijin Mining's 2015 profit falls 29 pct on weak gold, base metal prices

SINGAPORE, March 25 (Reuters) - Zijin Mining Group Co Ltd

, China's biggest listed gold producer, reported on

Friday a 29.4 percent fall in its 2015 net profit as a weak

global economy pressured metal prices.

Read more

China state firms' Jan-Feb profits fall 14.2 percent y/y

BEIJING, March 25 (Reuters) - Profits from China's state

firms fell 14.2 percent in the January to February period from a

year earlier to 222.61 billion yuan ($34.2 billion), the

Ministry of Finance said on Friday, in a sign of worsening

business conditions from a slowing economy.

Read more

UPDATE 1-U.S. extends BMW deadline to get replacement air bag inflators

March 24 (Reuters) - BMW AG will get five more

months to acquire Takata air bag replacement parts for

a massive recall because tests showed some of the substitute

inflators may also be defective, the U.S. auto safety agency

said on Thursday.

Read more

China's Dongbei Special Steel says it may be unable to make bond payment

SHANGHAI, March 25 (Reuters) - Dongbei Special Steel Group

Co Ltd may be unable to repay 852 million yuan ($131 million) of

principal and interest on short-term commercial paper maturing

Sunday, the unlisted firm said on Friday in a statement posted

on the website of one of China's main bond clearing houses.

Read more

Thursday, March 24, 2016

New York's transportation hub gets massive $22 billion boost

NEW YORK, March 24 (Reuters) - The New York City metro area

took a giant step toward revitalizing its crumbling

capacity-strained transport hubs on Thursday as a major bistate

agency authorized up to $22 billion of spending on air, rail,

and bus infrastructure.

Read more

U.S. extends BMW deadline to get replacement air bag inflators

March 24 (Reuters) - BMW AG will get five more

months to acquire Takata air bag replacement parts for

a massive recall because tests showed some of the substitute

inflators may also be defective, the U.S. auto safety agency

said on Thursday.

Read more

Battery-hungry world turns to South America's 'lithium triangle'



Read more

U.S. regulators finalize new silica limits for construction, other industries

March 24 (Reuters) - Capping a decades-long effort, U.S.

workplace regulators on Thursday announced a final rule to boost

protections against occupational exposure to crystalline silica,

a carcinogenic dust ubiquitous in construction, foundries and

fracking.

Read more

MIDEAST STOCKS-Egypt continues rises after cabinet reshuffle, Gulf slips

DUBAI, March 24 (Reuters) - Egypt's stock market rose again

on Thursday on hopes a new cabinet could give the economy a

boost, while a pull-back by Brent oil below $40 a barrel

and a cut in telecoms roaming fees pushed down Gulf bourses.

Read more

UPDATE 1-China Shenhua Energy's profit falls, to cut output in 2016

BEIJING, March 24 (Reuters) - China Shenhua Energy's

net profit fell 56.9 percent in 2015,

missing forecasts and dropping for a third straight year due to

lower demand in a slowing economy and the country's efforts to

switch to cleaner forms of energy.

Read more

COLUMN-Non-Chinese aluminium output creeps up to four-year high: Andy Home

LONDON, March 24 (Reuters) - China still holds the key to

balancing the global primary aluminium market.

Read more

Trump's tariff plan could boomerang, spark trade wars with China, Mexico

WASHINGTON, March 24 (Reuters) - Donald Trump's threats to

slap steep tariffs on Chinese and Mexican imports may have won

him votes in Republican primaries but they would likely

backfire, severely disrupting U.S. manufacturers that

increasingly depend on global supply chains.

Read more

Russian billionaire fond of Faberge eggs hit by more Swiss losses

ZURICH, March 24 (Reuters) - A Russian billionaire with a

soft spot for Faberge eggs continues to be hit hard by his Swiss

industrial portfolio, with steelmaker Schmolz+Bickenbach

on Thursday his latest holding to report a loss.

Read more

UPDATE 1-Russia's NLMK earnings drop 37 pct in fourth quarter

MOSCOW, March 24 (Reuters) - Russia's biggest steelmaker

NLMK said on Thursday its core earnings fell 37

percent in the last three months of 2015 from the previous

quarter due to lower prices for its products and a decline in

sales.

Read more

BUZZ-UK miners: bottom of the FTSE as dollar continues to rally

** UK miners among top losers on FTSE 100 as USD

advances for a fifth straight session

Read more

Petra Diamonds sells exceptional pink diamond for $15 mln

March 24 (Reuters) - Petra Diamonds Ltd said on

Thursday it had recovered and sold an exceptional 32.33 carat

pink diamond from the Williamson mine in Tanzania for $15

million.

Read more

Barrick Gold to face US group lawsuit over LatAm mine

March 24 (Reuters) - A federal judge on Wednesday granted

class certification for a U.S. class-action lawsuit filed

against Barrick Gold Corp claiming Barrick misstated

facts of its now halted Pascua-Lama gold-mine project on the

border of Argentina and Chile.

Read more

Renault recalling 10,649 Zoe electric cars for brake hose checks

PARIS, March 24 (Reuters) - Renault is recalling

10,649 Zoe electric cars to remove the potential risk of rupture

to brake fluid hoses, a spokesman for the carmaker said on

Thursday, confirming reports on specialist websites and BFM

Business TV.

Read more

China's Bohai Steel bonds off lows after restructuring report

HONG KONG, March 24 (Reuters) - Bohai Steel Group's 2017

bonds held steady on Thursday, after bouncing from lows

following reports the Chinese state-owned steelmaker was

planning to restructure $29.61 billion in debt.

Read more

Wednesday, March 23, 2016

Australia shares hit 3-week lows, NZ recoils from record high

SYDNEY/WELLINGTON, March 24 (Reuters) - Australian shares

fell to their lowest in three weeks on Thursday, while their New

Zealand counterparts recoiled from yet another record high as

investors turned defensive ahead of the Easter long weekend.

Read more

UPDATE 1-China's ENN buys $750 mln stake in Australia's Santos

* Santos keen to talk to ENN about gas supply to China

(Adds Santos, ENN comments)

Read more

China's ENN buys $750 mln stake in Australia's Santos

MELBOURNE, March 24 (Reuters) - Chinese private gas

distributor ENN is set to become the top shareholder in

Australia's Santos Ltd after agreeing to buy an 11.7 percent

stake for $750 million from Hony Capital, in a push to get into

gas production.

Read more

U.S. firms to invest $2.3 bln in Argentina over 18 months: chamber

BUENOS AIRES, March 23 (Reuters) - U.S. firms will invest

more than $2.3 billion in Argentina over the next 12-18 months,

a U.S. chamber of commerce official said, in a boost to

President Mauricio Macri who met with President Barack Obama on

Wednesday.

Read more

Brazil steelmakers to raise flat steel price in April -sources

SAO PAULO, March 23 (Reuters) - Brazilian steelmaker CSN

and the Brazil unit of ArcelorMittal are

preparing to increase the price of flat steel in April, two

distributors said on Wednesday, after rival Usiminas

announced a 10 percent price rise.

Read more

U.S. lawmakers call for USDA to review Syngenta deal - WSJ

WASHINGTON, March 23 (Reuters) - Senator Chuck Grassley and

other U.S. lawmakers are pushing for the U.S. Department of

Agriculture to have a formal role in weighing ChemChina's

planned take over of Switzerland's Syngenta, the Wall

Street Journal reported on Wednesday.

Read more

UPDATE 1-Kyrgyz security service accuse opposition of planning mass riots

BISHKEK, March 23 (Reuters) - Kyrgyzstan's state security

body said on Wednesday it had audio recordings that showed

several opposition politicians planned mass riots to oust

President Almazbek Atambayev, but two of the accused politicians

denounced the recordings as fakes.

Read more

Miners lead European shares lower, Credit Suisse outperforms

* William Hill slumps after profit warning

(ADVISORY- Reuters plans to replace intra-day European and UK

stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets

for site in development. See the bottom of the report for more

details. Adds details, closing prices)

Read more

MIDEAST STOCKS-Egypt rises after cabinet reshuffle; Gulf mixed

DUBAI, March 23 (Reuters) - Egypt's stock market rose on

Wednesday after President Abdel Fattah al-Sisi reshuffled his

cabinet, while Gulf bourses were mixed in the absence of fresh

incentives to trade.

Read more

China's biggest cement maker Anhui Conch has first profit fall in 3 yrs

SINGAPORE, March 23 (Reuters) - Anhui Conch

, China's largest cement maker by market value, on

Wednesday reported a 32 percent fall in 2015 net profit, missing

estimates and marking its first profit fall in three years as a

slowing economy hit construction.

Read more

CANADA STOCKS-TSX falls with gold, oil; Amaya slumps after CEO charges

* Half of TSX's 10 main groups lower, 2 fallers for every

gainer

Read more

RPT-COLUMN-Robust commodity imports don't tell the whole China story: Russell

LAUNCESTON, Australia, March 23 (Reuters) - - The improved

sentiment surrounding the outlook for China's demand for natural

resources is being reflected by rising imports for some major

commodities, but as usual it pays to be wary when interpreting

the numbers.

Read more

RPT-Big Corn finds unlikely allies in US biofuel push: carmakers and drivers

NEW YORK, March 23 (Reuters) - U.S. corn producers may have

found two unlikely allies in their decade-long battle with big

oil to get ethanol into the nation's fuel stream: automobile

manufacturers and American drivers.

Read more

UPDATE 2-Copper and gas writedowns push Mitsui to first ever loss

* Writedowns of 260 bln yen on copper, LNG, other assets

(Adds president comments)

Read more

Zimbabwe to ban foreign firms in breach of local ownership law

HARARE, March 23 (Reuters) - Zimbabwe will from April 1

cancel licences for foreign firms, including those operating

mines and banks, that have not complied with a law to sell

majority shares to locals, Empowerment Minister Patrick Zhuwao

said on Wednesday.

Read more

UPDATE 1-Zimbabwe to ban foreign firms in breach of local ownership law

HARARE, March 23 (Reuters) - Zimbabwe will from April 1

cancel licences for foreign firms, including those operating

mines and banks, that have not complied with a law to sell

majority shares to locals, Empowerment Minister Patrick Zhuwao

said on Wednesday.

Read more

Mitsui sees around $620 mln annual loss on writedowns on copper, LNG assets

TOKYO, March 23 (Reuters) - Japanese trading firm Mitsui &

Co said on Wednesday it expected a net loss of 70

billion yen ($623 million) for the business year to March 31,

against an earlier forecast for a profit of 190 billion yen, hit

by hefty one-off losses in its copper and other resource assets.

Read more

Poland may raise stake in copper miner KGHM- report

WARSAW, March 23 (Reuters) - Poland may consider increasing

its stake in copper producer KGHM to around 40 percent

from the current 31.8 percent if it has the funds, the country's

treasury minister told Gazeta Polska.

Read more

WORLD NEWS SCHEDULE AT 0600 GMT/2 AM ET

BRUSSELS - Belgian police hunt Islamic State suspect seen

with two supposed suicide bombers shortly before they struck

Brussels Airport in first of two attacks that also hit the

city's metro, killing at least 30 and wounding over 200.

(BELGIUM-BLAST/ (UPDATE 1, TV, PIX, GRAPHICS), expect by 0800

GMT/4 AM ET, by Alastair Macdonald, Foo Yun Chee and Bate Felix,

1000 words)

Read more

Tuesday, March 22, 2016

Big Corn finds unlikely allies in US biofuel push: carmakers and drivers

NEW YORK, March 23 (Reuters) - U.S. corn producers may have

found two unlikely allies in their decade-long battle with big

oil to get ethanol into the nation's fuel stream: automobile

manufacturers and American drivers.

Read more

UPDATE 1-China's Jiangxi Copper plans output cuts after profit fall

* Sees downward pressure on copper prices this year

(Adds production figures, views of copper market)

Read more

COLUMN-Robust commodity imports don't tell the whole China story: Russell

LAUNCESTON, Australia, March 23 (Reuters) - - The improved

sentiment surrounding the outlook for China's demand for natural

resources is being reflected by rising imports for some major

commodities, but as usual it pays to be wary when interpreting

the numbers.

Read more

HIGHLIGHTS-Thomson Reuters/INSEAD Q1 Asian Business Sentiment Survey -by economy

March 23 (Reuters) - Optimism for the coming six months

among Asia-Pacific's biggest firms picked up in the first

quarter of 2016, tempered mainly by concerns about declining

demand in China and excessive currency volatility, a Thomson

Reuters/INSEAD survey showed.

Read more

HIGHLIGHTS-Thomson Reuters/INSEAD Q1 Asian Business Sentiment Survey -by sector

March 23 (Reuters) - Optimism for the coming six months

among Asia-Pacific's biggest firms picked up in the first

quarter of 2016, tempered mainly by concerns about declining

demand in China and excessive currency volatility, a Thomson

Reuters/INSEAD survey showed.

Read more

RPT-COLUMN-LME walks fine line between beasts of aluminium and regulation: Andy Home

LONDON, March 22 (Reuters) - The London Metal Exchange (LME)

has just announced proposals for a new layer of regulatory

oversight in the form of "accountability levels".

Read more

RPT-UPDATE 1-Axiom Mining's nickel license revoked by Solomon Islands' court

TOKYO, March 22 (Reuters) - The development of a large

nickel deposit in the Solomon Islands is back to square one this

week, as the nation's highest court ruled that neither of the

two miners in Japan and Australia fighting over the discovery

were entitled to the license.

Read more

RPT-UPDATE 1-Some Japanese aluminium buyers agree to Q2 premium of $115/T -sources

TOKYO, March 22 (Reuters) - Some Japanese aluminium buyers

have agreed to pay a premium of $115 per tonne for primary metal

for shipment in the April-June quarter, three sources directly

involved in the quarterly pricing talks said.

Read more

China's Fosun swoops on central London office complex - source

LONDON, March 22 (Reuters) - Fosun International

is set to close a deal worth about 300 million pounds ($426.4

million) on Wednesday to buy the Thomas More Square complex in

London in its biggest real estate transaction in Europe, a

source familiar with the matter said.

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Rise in Anglo American share price could offer chance to fill its coffers

LONDON, March 22 (Reuters) - The doubling of Anglo

American's share price since late January means the time

could be ripe for a rights issue rather than an asset fire sale

to boost its defences against tumbling commodity prices, fund

managers say.

Read more

UPDATE 1-Western banks wary of helping Russian privatisations - bankers

* Deadline for banks to respond was Monday

(Adds quotes, background)

Read more

MIDEAST STOCKS-Markets mixed as Saudi, Egypt make late dip

* Egypt's Domty surges on bourse debut, buying boosts other

stocks

Read more

UPDATE 1-Axiom Mining's nickel license revoked by Solomon Islands' court

TOKYO, March 22 (Reuters) - The development of a large

nickel deposit in the Solomon Islands is back to square one this

week, as the nation's highest court ruled that neither of the

two miners in Japan and Australia fighting over the discovery

were entitled to the license.

Read more

UPDATE 1-Brazil police targets Odebrecht in new anti-corruption raid

BRASILIA, March 22 (Reuters) - Brazilian federal police were

seeking to arrest 15 people on Tuesday as part of the corruption

investigation centered on state-run oil producer Petroleo

Brasileiro SA, police and federal prosecutors said.

Read more

Shell, CNOOC take final decision to expand China petrochem plant

March 22 (Reuters) - Royal Dutch Shell Plc and

China's CNOOC Ltd said they had made a final decision

to double capacity of their jointly owned ethylene plant in

China's Guangdong province.

Read more

UPDATE 1-Some Japanese aluminium buyers agree to Q2 premium of $115/T -sources

TOKYO, March 22 (Reuters) - Some Japanese aluminium buyers

have agreed to pay a premium of $115 per tonne for primary metal

for shipment in the April-June quarter, three sources directly

involved in the quarterly pricing talks said.

Read more

Axiom Mining's nickel license revoked by Solomon Islands' court

TOKYO, March 22 (Reuters) - The development of a large

nickel deposit in the Solomon Islands is back to square one this

week, as the nation's highest court ruled that neither of the

two firms in Japan and Australia fighting over the discovery

were entitled to the license.

Read more

Monday, March 21, 2016

UPDATE 4-Congo ex-vice president guilty in landmark ICC war rape ruling

THE HAGUE, March 21 (Reuters) - Democratic Republic of

Congo's Jean-Pierre Bemba became the highest-ranking politician

convicted by the international war crimes court on Monday, when

it judged him responsible for a campaign of rape and murder in

Central African Republic.

Read more

UPDATE 2-Apple's robot rips apart iPhones for recycling

March 21 (Reuters) - Apple Inc on Monday unveiled a

robotic system called Liam to take apart junked iPhones and

recover valuable materials that can be recycled, such as silver

and tungsten.

Read more

REFILE-Apple unveils recycling robot to take apart iPhones

March 21 (Reuters) - Apple Inc on Monday unveiled a

robotic system called Liam to take apart junked iPhones and

recover valuable materials that can be recycled, such as silver

and tungsten.

Read more

UPDATE 2-Alberta regulator sets steam restriction at CNRL oil sands project

CALGARY, Alberta, March 21 (Reuters) - The Alberta Energy

Regulator said on Monday it is implementing additional

requirements at Canadian Natural Resources Ltd's

Primrose oil sands project after concluding excessive steaming

caused a 6,648-barrel bitumen emulsion leak in 2013.

Read more

UPDATE 1-Louis Dreyfus profits fall, seeks partners

* China's destocking, overseas acquisitions key trends

(Updates with partnership plans, details on results)

Read more

RPT-Apple unveils recycling robot to take apart iPhones

March 21 (Reuters) - Apple Inc on Monday unveiled a

robotic system called Liam to take apart junked iPhones and

recover valuable materials that can be recycled, such as silver

and tungsten.

Read more

ICC convicts Congolese politician of Central African war crimes

THE HAGUE, March 21 (Reuters) - Judges at the International

Criminal Court on Monday found Congolese politician Jean-Pierre

Bemba guilty of war crimes, including murder, rape and pillage

during a 2001-2002 conflict in the Central African Republic.

Read more

MIDEAST STOCKS-Egypt resumes post-devaluation uptrend, Gulf moves little

DUBAI, March 21 (Reuters) - Egypt's stock market resumed

rising on Monday after soaring last week in response to a

currency devaluation, while most Gulf markets moved little as

oil prices pulled back slightly.

Read more

UPDATE 2-WL Ross to buy chemicals distributor Nexeo from TPG

* Deal for $1.3 bln in cash and debt; up to 35 mln WL Ross

shares

Read more

Bayer shares jump on Monsanto crop science interest

FRANKFURT, March 21 (Reuters) - Shares in German drugs and

pesticides maker Bayer rose more than 5 percent on

Monday after sources close to the matter told Reuters that

Monsanto was interested in a deal with its crop science

business.

Read more

WL Ross to buy chemicals distributor Nexeo from TPG

March 21 (Reuters) - WL Ross Holdings Corp said it

would buy chemicals and plastics distributor Nexeo Solutions

Holdings LLC from private equity firm TPG in a cash-and-stock

deal valued at $1.67 billion.

Read more

Israel Chemicals CEO is candidate to head Syngenta- media

TEL AVIV, March 21 (Reuters) - Israel Chemicals

Chief Executive Stefan Borgas is a leading candidate to take the

top job at Swiss agrochemicals group Syngenta, Israeli

media reported on Monday.

Read more

UPDATE 1-UK's Synthomer to buy US adhesives & coatings firm for $226 mln

March 21 (Reuters) - Chemicals maker Synthomer Plc

said it would buy U.S.-based Hexion Performance Adhesives &

Coatings for $226 million, to grow its presence in the United

States and Asia.

Read more

BUZZ-UK miners: down as USD makes small comeback

** UK miners among top losers on FTSE 100 as USD

stages a small rebound from near 5-mth lows

Read more

UK's Synthomer to buy US adhesives & coatings firm for $226 mln

March 21 (Reuters) - Chemicals maker Synthomer Plc

said it would buy U.S.-based HEXION Performance Adhesives &

Coatings for $226 million, to grow its presence in the United

States and Asia.

Read more

RPT-Indian jewellers calls off strike; gold imports to rise

MUMBAI, March 19 (Reuters) - Indian jewellers called off a

19-day strike late on Saturday after government assured they

will not be "harassed" by the excise department in collecting a

new tax, the head of a trade body told Reuters.

Read more

Sunday, March 20, 2016

UPDATE 6-Sherwin-Williams paint company to buy Valspar for $9.3 bln

March 20 (Reuters) - The Sherwin-Williams Co has

agreed to acquire rival U.S. paint company Valspar Corp,

the companies said on Sunday, in an all-cash deal valued at

about $9.3 billion.

Read more

Sherwin-Williams paint company to acquire Valspar for $11.3 billion



Read more

Congolese is highest-ranking politician set for Hague court verdict

AMSTERDAM, March 20 (Reuters) - A former Congolese

vice-president becomes the most senior political leader ever to

face judgment before the International Criminal Court on Monday,

when judges rule on whether he committed war crimes in the

Central African Republic (CAR).

Read more

Australian govt abandons campaign to log World Heritage forest

SYDNEY, March 20 (Reuters) - The Australian government ended

its push to log World Heritage-listed forests on the southern

island state of Tasmania on Sunday, after the United Nations

cultural agency UNESCO issued a report calling for the area to

remain protected from logging.

Read more

Saturday, March 19, 2016

UPDATE 4-Brazil's Agnelli, who turned Vale into top miner, dies in crash

SAO PAULO, March 19 (Reuters) - Roger Agnelli, the Brazilian

banker who turned Vale SA into the world's No. 1 iron

ore producer, died on Saturday in a plane crash, a source close

to aviation authorities told Reuters. He was 56.

Read more

Congo orders mining and oil companies to pay taxes in U.S. dollars

KINSHASA, March 19 (Reuters) - Mining and oil firms in

Democratic Republic of Congo must pay taxes and import duties in

U.S. dollars from Saturday rather than in the national currency,

the Central Bank of the Congo said.

Read more

Indian jewellers calls off strike; gold imports to rise

MUMBAI, March 19 (Reuters) - Indian jewellers called off a

19-day strike late on Saturday after government assured they

will not be "harassed" by the excise department in collecting a

new tax, the head of a trade body told Reuters.

Read more

U.S. Steel to lay off workers, idle plants

March 18 (Reuters) - United States Steel Corp said it

would idle plants and lay off workers in Alabama, Ohio and Texas

as it tries to keep a lid on costs to tackle a steep fall in

steel prices.

Read more

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Brazil's Usiminas board calls meeting for capital increase -sources

SAO PAULO, March 18 (Reuters) - The board of Brazilian

steelmaker Usinas Siderúrgicas de Minas Gerais SA

decided on Friday to call a shareholder meeting on April 18 to

discuss a 1 billion-real ($278 million) capital increase

proposed by Japan's Nippon Steel & Sumitomo Corp, two sources

with knowledge of the decision said.

Read more

Congo soldiers accused of attacking civilians - report

BRAZZAVILLE, March 18 (Reuters) - Soldiers in Democratic

Republic of Congo's army have taken part in at least three

deadly attacks on civilians and turned a blind eye to other

assaults carried out by rebels, a former U.N. investigator said

in a report released on Friday.

Read more