LAGOS, Sept 22 (Reuters) - Lafarge Africa said on
Thursday it has raised 60 billion naira ($184 million) by
issuing three and five-year bonds through book building.
Read more
Thursday, September 22, 2016
RPT-COLUMN-Reality check for Australia's "mining to dining" hopes: Russell
LAUNCESTON, Australia, Sept 22 (Reuters) - One of the themes
in Australia as the resource boom comes to an end is that the
country will be able to compensate by boosting its agricultural
sector, the so-called "mining to dining" manoeuvre.
Read more
in Australia as the resource boom comes to an end is that the
country will be able to compensate by boosting its agricultural
sector, the so-called "mining to dining" manoeuvre.
Read more
Sri Lankan shares rise on blue chips; foreign outflow hits 7-mth high
COLOMBO, Sept 22 (Reuters) - Sri Lankan stocks hit a
one-week closing high on Thursday, led by blue chips as
investors picked up beaten down counters, even as foreign
investor outflow touched a seven-month high, mainly due to
selling in shares of National Development Bank.
Read more
one-week closing high on Thursday, led by blue chips as
investors picked up beaten down counters, even as foreign
investor outflow touched a seven-month high, mainly due to
selling in shares of National Development Bank.
Read more
COLUMN-Reality check for Australia's "mining to dining" hopes: Russell
LAUNCESTON, Australia, Sept 22 (Reuters) - One of the themes
in Australia as the resource boom comes to an end is that the
country will be able to compensate by boosting its agricultural
sector, the so-called "mining to dining" manoeuvre.
Read more
in Australia as the resource boom comes to an end is that the
country will be able to compensate by boosting its agricultural
sector, the so-called "mining to dining" manoeuvre.
Read more
China's Baosteel takes over Wuhan to create world's No.2 steelmaker
SHANGHAI, Sept 22 (Reuters) - China's Baosteel Group will
fully take over Wuhan Steel Group to create the world's second
largest steelmaker after ArcelorMittal, as Beijing aims to
increase the concentration level of the scattered industry.
Read more
fully take over Wuhan Steel Group to create the world's second
largest steelmaker after ArcelorMittal, as Beijing aims to
increase the concentration level of the scattered industry.
Read more
UPDATE 2-Rusty patched bumble bee proposed for U.S. endangered species status
Sept 21 (Reuters) - The U.S. Fish and Wildlife Service on
Wednesday proposed listing the rusty patched bumble bee, a
prized but vanishing pollinator once widely found in the upper
Midwest and Northeastern United States, for federal protection
as an endangered species.
Read more
Wednesday proposed listing the rusty patched bumble bee, a
prized but vanishing pollinator once widely found in the upper
Midwest and Northeastern United States, for federal protection
as an endangered species.
Read more
China's steel demand seen shrinking for a third straight year -CISA
DALIAN, China, Sept 22 (Reuters) - China's steel demand is
likely to drop for a third year in a row, an industry official
said on Thursday, as mills in the world's top producer focus on
reducing capacity.
Read more
likely to drop for a third year in a row, an industry official
said on Thursday, as mills in the world's top producer focus on
reducing capacity.
Read more
Wednesday, September 21, 2016
UPDATE 1-Brazil's Vale shares jump on talk of fertilizer unit sale
SAO PAULO, Sept 21 (Reuters) - Shares in Brazil's Vale SA
rose the most in almost 15 weeks on Wednesday on speculation the
world's largest iron ore producer would announce the partial
sale of a unit to U.S. fertilizer producer Mosaic Co
later in the day.
Read more
rose the most in almost 15 weeks on Wednesday on speculation the
world's largest iron ore producer would announce the partial
sale of a unit to U.S. fertilizer producer Mosaic Co
later in the day.
Read more
Chile's SQM says will boost annual lithium hydroxide capacity 7,500 tonnes
SANTIAGO, Sept 21 (Reuters) - Chilean fertilizer and
chemical producer SQM will invest around $30 million
by the end of 2017 to increase its annual lithium hydroxide
production capacity by 7,500 tonnes, the company said in a press
release on Wednesday.
Read more
chemical producer SQM will invest around $30 million
by the end of 2017 to increase its annual lithium hydroxide
production capacity by 7,500 tonnes, the company said in a press
release on Wednesday.
Read more
UK car output rose 9 percent in August - SMMT
LONDON, Sept 22 (Reuters) - British car production rose 9.1
percent in August compared with the same month last year, an
industry body said on Thursday, cautioning future growth would
depend on Britain continuing to trade competitively after its
vote to leave the European Union.
Read more
percent in August compared with the same month last year, an
industry body said on Thursday, cautioning future growth would
depend on Britain continuing to trade competitively after its
vote to leave the European Union.
Read more
Big gold miners see muted M&A as bullion's rise limits bargains
COLORADO SPRINGS, Colo., Sept 21 (Reuters) - The world's
biggest gold miners will stay shy of big acquisitions, top
executives said this week, noting that a jump in the price of
bullion has made potential purchases pricey, and memories of
failed deals linger.
Read more
biggest gold miners will stay shy of big acquisitions, top
executives said this week, noting that a jump in the price of
bullion has made potential purchases pricey, and memories of
failed deals linger.
Read more
Brazil's raging forest fires threaten indigenous land, uncontacted tribes
RIO DE JANEIRO, Sept 21 (Thomson Reuters Foundation) -
F orest fires raging in northeast Brazil are forcing indigenous
people out of their traditional territories and threatening
uncontacted tribes, an indigenous leader said on Wednesday.
Read more
F orest fires raging in northeast Brazil are forcing indigenous
people out of their traditional territories and threatening
uncontacted tribes, an indigenous leader said on Wednesday.
Read more
Ghana could be Africa's number four oil producer by 2020 -report
ACCRA, Sept 21 (Reuters) - Ghana could become the fourth
biggest oil producer in sub-Saharan Africa by 2020 once two new
offshore fields come on stream, to push total output above
240,000 barrels per day (bpd), pan-African bank Ecobank said on
Wednesday.
Read more
biggest oil producer in sub-Saharan Africa by 2020 once two new
offshore fields come on stream, to push total output above
240,000 barrels per day (bpd), pan-African bank Ecobank said on
Wednesday.
Read more
Ontario strikes deal with Bedrock to restructure U.S. Steel Canada
TORONTO, Sept 21 (Reuters) - The province of Ontario said on
Wednesday that it has signed an agreement with equity fund
Bedrock Industries LP to restructure U.S. Steel Canada, but the
deal still requires approval from other stakeholders and a
Canadian court.
Read more
Wednesday that it has signed an agreement with equity fund
Bedrock Industries LP to restructure U.S. Steel Canada, but the
deal still requires approval from other stakeholders and a
Canadian court.
Read more
FEATURE -Ugandan villagers locked out of forest waiting for the 'promised land'
BUKALEBA FOREST RESERVE, Uganda, Sept 21 (Thomson Reuters
Foundation) - D eep within a pine and eucalyptus forest on the
shores of Lake Victoria in southern Uganda, a parcel of land is
pitting a Norwegian timber company against more than 10,000
villagers who say its "green" project is costing their homes and
livelihood.
Read more
Foundation) - D eep within a pine and eucalyptus forest on the
shores of Lake Victoria in southern Uganda, a parcel of land is
pitting a Norwegian timber company against more than 10,000
villagers who say its "green" project is costing their homes and
livelihood.
Read more
Sri Lankan shares recover after four sessions of losses
COLOMBO, Sept 21 (Reuters) - Sri Lankan shares edged up on
Wednesday following four straight sessions of losses, as
investors shrugged off the impact of a proposed increase in
value added tax to pick up battered shares, amid high turnover.
Read more
Wednesday following four straight sessions of losses, as
investors shrugged off the impact of a proposed increase in
value added tax to pick up battered shares, amid high turnover.
Read more
UPDATE 1-Strong demand for $904 mln IPO of India's ICICI Pru Life
* ICICI Pru Life's IPO biggest in India in six years
(Updates subscription, adds IPO market outlook)
Read more
(Updates subscription, adds IPO market outlook)
Read more
UPDATE 2-Philippines to suspend 12 more mines in environmental crackdown
* Government looking at progressive mine site rehab
(Updates number of mine suspensions to 12 in headline, story,
adds details, officials' quotes, background)
Read more
(Updates number of mine suspensions to 12 in headline, story,
adds details, officials' quotes, background)
Read more
China Benxi Steel no longer in stake auction list amid talk of merger
SHANGHAI, Sept 21 (Reuters) - China's Benxi Iron and Steel
Group is no longer part of an auction to sell stakes in
state-owned firms to strategic investors, an official list
shows, amid rumours that a long postponed merger with local
rival Anshan Iron and Steel (Angang) is set to resume.
Read more
Group is no longer part of an auction to sell stakes in
state-owned firms to strategic investors, an official list
shows, amid rumours that a long postponed merger with local
rival Anshan Iron and Steel (Angang) is set to resume.
Read more
Tale of Eldorado does little to dampen Brazilian bond allure
LONDON/SAO PAULO, Sept 21 (Reuters) - Eldorado may offer a
cautionary tale for investing in Brazilian bonds, yet a 20
percent fall in the pulpmaker's debt since it borrowed $350
million in June has not reduced appetite for the country's
corporate credit.
Read more
cautionary tale for investing in Brazilian bonds, yet a 20
percent fall in the pulpmaker's debt since it borrowed $350
million in June has not reduced appetite for the country's
corporate credit.
Read more
Tuesday, September 20, 2016
Hong Kong stocks rise, China flat; markets look ahead to Fed,
SHANGHAI, Sept 21 (Reuters) - Hong Kong stocks were firm on
Wednesday morning ahead of the Federal Reserve's policy meeting,
while persistent sluggishness in China's equity market helped to
extend the flow of mainland money into Hong Kong.
Read more
Wednesday morning ahead of the Federal Reserve's policy meeting,
while persistent sluggishness in China's equity market helped to
extend the flow of mainland money into Hong Kong.
Read more
Philippines to suspend over 10 more mines in environmental crackdown - minister
MANILA, Sept 21 (Reuters) - The Philippines will suspend
more than 10 additional mines in an ongoing environmental
crackdown on the sector but the announcement of who will be shut
has been moved to Sept. 26, the minister in charge of mining
said on Wednesday.
Read more
more than 10 additional mines in an ongoing environmental
crackdown on the sector but the announcement of who will be shut
has been moved to Sept. 26, the minister in charge of mining
said on Wednesday.
Read more
HIGHLIGHTS-Thomson Reuters/INSEAD Q3 Asian Business Sentiment Survey -by economy
Sept 21 (Reuters) - Optimism among Asia-Pacific companies
rose for the third straight quarter in July-September 2016 on
signs China's growth is stabilising, although they remained wary
of risks from volatile oil prices and the outcome of the U.S.
presidential election, a Thomson Reuters/INSEAD survey showed.
Read more
rose for the third straight quarter in July-September 2016 on
signs China's growth is stabilising, although they remained wary
of risks from volatile oil prices and the outcome of the U.S.
presidential election, a Thomson Reuters/INSEAD survey showed.
Read more
China chemical accidents cause 199 deaths from Jan-Aug - Greenpeace
SHANGHAI, Sept 21 (Reuters) - China had 232 chemical-related
accidents from January to August this year, causing 199 deaths
and 400 injuries, according to research from the environmental
group Greenpeace published on Wednesday.
Read more
accidents from January to August this year, causing 199 deaths
and 400 injuries, according to research from the environmental
group Greenpeace published on Wednesday.
Read more
Salary of BHP CEO cut in half after Brazil mine disaster
SYDNEY, Sept 21 (Reuters) - BHP Billiton
Chief Executive Andrew Mackenzie's annual salary was cut in half
following the Samarco dam disaster in Brazil that claimed 19
lives and caused widespread environmental damage, the global
miner said.
Read more
Chief Executive Andrew Mackenzie's annual salary was cut in half
following the Samarco dam disaster in Brazil that claimed 19
lives and caused widespread environmental damage, the global
miner said.
Read more
HIGHLIGHTS-Thomson Reuters/INSEAD Q3 Asian Business Sentiment Survey -by sector
Sept 21 (Reuters) - Business sentiment at Asian companies
rose to its highest level in more than a year in the third
quarter, buoyed by signs that China's economy is stabilising and
as Brexit concerns receded.
Read more
rose to its highest level in more than a year in the third
quarter, buoyed by signs that China's economy is stabilising and
as Brexit concerns receded.
Read more
RPT-COLUMN-The lithium supply battle starts to heat up: Andy Home
Not a day goes by without an exploration company telling us
about an exciting development on their property, which is now a
lithium prospect irrespective of what minerals were originally
being hunted.
Read more
about an exciting development on their property, which is now a
lithium prospect irrespective of what minerals were originally
being hunted.
Read more
Medicare EpiPen spending outpaces prescription growth -Kaiser report
NEW YORK, Sept 20 (Reuters) - U.S. government spending on
Mylan Inc's EpiPen in the Medicare program for seniors
and the disabled rose 1,151 percent from 2007 through 2014,
while the number of EpiPen users grew 164 percent, the Kaiser
Family Foundation said on Tuesday in an analysis.
Read more
Mylan Inc's EpiPen in the Medicare program for seniors
and the disabled rose 1,151 percent from 2007 through 2014,
while the number of EpiPen users grew 164 percent, the Kaiser
Family Foundation said on Tuesday in an analysis.
Read more
U.S. lawmakers skeptical of ag chemical, seed merger wave
WASHINGTON, Sept 20 (Reuters) - U.S. lawmakers expressed
concern on Tuesday over a wave of mergers among companies that
sell farmers their seeds, herbicides and insecticides, worrying
that the deals could lead to higher prices and less innovation
at a time of dropping farm incomes.
Read more
concern on Tuesday over a wave of mergers among companies that
sell farmers their seeds, herbicides and insecticides, worrying
that the deals could lead to higher prices and less innovation
at a time of dropping farm incomes.
Read more
Florida sinkhole to cost Mosaic up to $50 million to fix
Sept 20 (Reuters) - A massive leak of contaminated water
through a sinkhole at a Mosaic Co fertilizer facility in
Florida will cost it
$20 million to $50 million to fix, a company executive said on
Tuesday.
Read more
through a sinkhole at a Mosaic Co fertilizer facility in
Florida will cost it
$20 million to $50 million to fix, a company executive said on
Tuesday.
Read more
As Mongolia teeters, bond investors bank on China for bailout
HONG KONG/LONDON, Sept 20 (Reuters) - Holders of Mongolia's
high-yielding dollar bonds are looking beyond a sharp rise in
sovereign default risks on a bet that China or the International
Monetary Fund (IMF) will help the once-booming commodity
producer to stay solvent.
Read more
high-yielding dollar bonds are looking beyond a sharp rise in
sovereign default risks on a bet that China or the International
Monetary Fund (IMF) will help the once-booming commodity
producer to stay solvent.
Read more
GRAPHIC-Credit Suisse sees scope for UK mining dividend rise
LONDON, Sept 20 (Reuters) - Dividend yields at British
mining companies have hit a five-year low just as cash flows in
the sector improve, prompting some analysts to call for higher
payouts as early as next year.
Read more
mining companies have hit a five-year low just as cash flows in
the sector improve, prompting some analysts to call for higher
payouts as early as next year.
Read more
Sri Lankan shares fall for 4th straight session; VAT proposal weighs
COLOMBO, Sept 20 (Reuters) - Sri Lankan shares fell for a
fourth straight session on Tuesday, led by large caps, as
selling pressure on stocks expected to take a hit from a
proposed tax increase weighed on sentiment.
Read more
fourth straight session on Tuesday, led by large caps, as
selling pressure on stocks expected to take a hit from a
proposed tax increase weighed on sentiment.
Read more
Emerging equity rally brightens IPO outlook
LONDON, Sept 20 (Reuters) - A stock market rally is
breathing fresh life into equity capital markets across
developing countries, with bankers predicting some long-awaited
IPO deals will finally get off the starting blocks in coming
months.
Read more
breathing fresh life into equity capital markets across
developing countries, with bankers predicting some long-awaited
IPO deals will finally get off the starting blocks in coming
months.
Read more
Cost-conscious major miners look to agility of junior explorers
LONDON, Sept 20 (Reuters) - Tight budgets and nervous
investors have convinced major miners that a cheap, timely way
to ensure a strong pipeline of quality assets is to team up with
junior, more nimble exploration firms.
Read more
investors have convinced major miners that a cheap, timely way
to ensure a strong pipeline of quality assets is to team up with
junior, more nimble exploration firms.
Read more
UPDATE 1-China's first debt-to-equity swap plan approved - report
SHANGHAI, Sept 20 (Reuters) - China's state-owned metals
trader Sinosteel will be permitted to swap 27 billion yuan
($4.05 billion) of debt into equity convertible bonds, the
online financial magazine Caixin reported on Tuesday citing
anonymous sources.
Read more
trader Sinosteel will be permitted to swap 27 billion yuan
($4.05 billion) of debt into equity convertible bonds, the
online financial magazine Caixin reported on Tuesday citing
anonymous sources.
Read more
China freezes Trafigura's investment in copper smelter as part of oil probe
BEIJING, Sept 20 (Reuters) - The Chinese authorities have
frozen part of commodity trader Trafigura's investment in a
Chinese copper smelter as part of a years-long probe into the
Swiss firm's oil trading, according to documents from the police
and banks reviewed by Reuters.
Read more
frozen part of commodity trader Trafigura's investment in a
Chinese copper smelter as part of a years-long probe into the
Swiss firm's oil trading, according to documents from the police
and banks reviewed by Reuters.
Read more
Indonesia rejects U.S. research estimate of 100,000 "haze" deaths
JAKARTA, Sept 19 (Reuters) - Harvard and Columbia university
research showing smoke from land fires in Southeast Asia led to
more than 100,000 premature deaths last year "makes no sense at
all," an official at Indonesia's Health Ministry said on
Wednesday.
Read more
research showing smoke from land fires in Southeast Asia led to
more than 100,000 premature deaths last year "makes no sense at
all," an official at Indonesia's Health Ministry said on
Wednesday.
Read more
Monday, September 19, 2016
Tokyo Steel cuts October prices by up to 13 pct amid soft demand
TOKYO, Sept 20 (Reuters) - Tokyo Steel Manufacturing Co Ltd
, Japan's top electric arc furnace steelmaker, said it
would slash prices of its products for October delivery by up to
13 percent to reflect soft local demand and weakening overseas
prices.
Read more
, Japan's top electric arc furnace steelmaker, said it
would slash prices of its products for October delivery by up to
13 percent to reflect soft local demand and weakening overseas
prices.
Read more
Takata shares tank after report some bidders considering bankruptcy proceedings
TOKYO, Sept 20 (Reuters) - Shares in Takata Corp
fell as much as 9 percent on Tuesday after a Bloomberg report
that some of the company's bidders are considering the
possibility of some form of bankruptcy proceedings for the
troubled Japanese air bag maker.
Read more
fell as much as 9 percent on Tuesday after a Bloomberg report
that some of the company's bidders are considering the
possibility of some form of bankruptcy proceedings for the
troubled Japanese air bag maker.
Read more
UPDATE 2-Barrick says Argentina mine may resume within two weeks
DENVER, Sept 19 (Reuters) - Barrick Gold's Veladero gold
mine in Argentina, one of its five core mines, could resume
operations in the next two weeks, Barrick President Kelvin
Dushnisky said in an interview on Monday.
Read more
mine in Argentina, one of its five core mines, could resume
operations in the next two weeks, Barrick President Kelvin
Dushnisky said in an interview on Monday.
Read more
Lotte boss appears for questioning in S.Korea corporate probe
SEOUL, Sept 20 (Reuters) - South Korean prosecutors on
Tuesday questioned Lotte Group Chairman Shin Dong-bin, the most
senior executive to face interrogation as part of a sweeping
criminal probe into the country's fifth-largest conglomerate.
Read more
Tuesday questioned Lotte Group Chairman Shin Dong-bin, the most
senior executive to face interrogation as part of a sweeping
criminal probe into the country's fifth-largest conglomerate.
Read more
Barrick could meet 2016 debt cut target from cash flow -president
DENVER, Sept 19 (Reuters) - Barrick Gold expects to
be able to reach its target of reducing debt by $2 billion by
year-end even without selling any assets, company President
Kelvin Dushnisky said on Monday.
Read more
be able to reach its target of reducing debt by $2 billion by
year-end even without selling any assets, company President
Kelvin Dushnisky said on Monday.
Read more
UPDATE 1-Barrick could meet 2016 debt cut target from cash flow -president
DENVER, Sept 19 (Reuters) - Barrick Gold expects to
be able to reach its target of reducing debt by $2 billion by
year-end even without selling any assets, company President
Kelvin Dushnisky said on Monday.
Read more
be able to reach its target of reducing debt by $2 billion by
year-end even without selling any assets, company President
Kelvin Dushnisky said on Monday.
Read more
UPDATE 1-EU to discuss Congo sanctions if Kabila avoids elections -France
NEW YORK, Sept 19 (Reuters) - European nations will discuss
the possibility of imposing sanctions on the Democratic Republic
of the Congo given the repeated postponement of elections,
French Foreign Minister Jean-Marc Ayrault said on Monday.
Read more
the possibility of imposing sanctions on the Democratic Republic
of the Congo given the repeated postponement of elections,
French Foreign Minister Jean-Marc Ayrault said on Monday.
Read more
Death toll in Congo riots rises to 17 - interior ministry
DAKAR, Sept 19 (Reuters) - Seventeen people were killed
during clashes between police and protesters in Democratic
Republic of Congo's capital of Kinshasa on Monday, Interior
Ministry spokesman Claude Pero Luwara said.
Read more
during clashes between police and protesters in Democratic
Republic of Congo's capital of Kinshasa on Monday, Interior
Ministry spokesman Claude Pero Luwara said.
Read more
UPDATE 2-Protests turn violent in Congo capital, police officer lynched
KINSHASA, Sept 19 (Reuters) - Congolese police fired shots
on Monday to disperse protesters marching against a perceived
move by the president to delay an election, and some
demonstrators lynched a police officer and burned his body
during the clashes.
Read more
on Monday to disperse protesters marching against a perceived
move by the president to delay an election, and some
demonstrators lynched a police officer and burned his body
during the clashes.
Read more
Four dead in Congo anti-government protest - government
KINSHASA, Sept 19 (Reuters) - At least four people,
including two police officers, were killed on Monday when an
anti-government march turned violent in the Democratic Republic
of Congo's capital Kinshasa, a government spokesman said.
Read more
including two police officers, were killed on Monday when an
anti-government march turned violent in the Democratic Republic
of Congo's capital Kinshasa, a government spokesman said.
Read more
Sri Lankan shares hit 7-wk closing low; Distilleries down
COLOMBO, Sept 19 (Reuters) - Sri Lankan shares fell for a
third straight session on Monday to post their lowest closing
level in seven weeks, led by Distilleries Company of Sri Lanka
due to selling by foreign investors ahead of a change
in company ownership.
Read more
third straight session on Monday to post their lowest closing
level in seven weeks, led by Distilleries Company of Sri Lanka
due to selling by foreign investors ahead of a change
in company ownership.
Read more
Brazilian airlines shaken by Ireland tax haven listing
BRASILIA, Sept 19 (Reuters) - Brazilian airlines are up in
arms over a decision by Brazil's tax authority to list Ireland
as a tax haven, which means about 1 billion reais ($306 million)
in new taxes on aircraft leases for carriers struggling to
regain profitability.
Read more
arms over a decision by Brazil's tax authority to list Ireland
as a tax haven, which means about 1 billion reais ($306 million)
in new taxes on aircraft leases for carriers struggling to
regain profitability.
Read more
Egypt expects 2-3 IPOs in first year of privatisation plan - NI Capital CEO
CAIRO, Sept 19 (Reuters) - Egypt expects to privatise two or
three state-owned companies via listings on the stock exchange
in the first year of a privatisation programme, the chief
executive of government-owned NI Capital said on Monday.
Read more
three state-owned companies via listings on the stock exchange
in the first year of a privatisation programme, the chief
executive of government-owned NI Capital said on Monday.
Read more
Protesters burn body of policeman during Congo riots - witness
KINSHASA, Sept 19 (Reuters) - Anti-government protesters in
Democratic Republic of Congo burned the body of a police officer
in the Limete suburb of the capital Kinshasa on Monday, a
Reuters witness said.
Read more
Democratic Republic of Congo burned the body of a police officer
in the Limete suburb of the capital Kinshasa on Monday, a
Reuters witness said.
Read more
Britain's FTSE gains as miners rally, though mid cap Mitie drops
LONDON, Sept 19 (Reuters) - British shares advanced on
Monday, led by a rise in mining companies which were supported
by firmer oil prices and a weaker dollar, though mid cap Mitie
Group slumped after a profit warning.
Read more
Monday, led by a rise in mining companies which were supported
by firmer oil prices and a weaker dollar, though mid cap Mitie
Group slumped after a profit warning.
Read more
Petra Diamonds expects up to 24 pct rise in 2017 production
Sept 19 (Reuters) - Petra Diamonds Ltd said it
expected production to rise up to 24.3 percent in 2017 from a
year earlier and grow further to hit 5 million carats (mcts) in
2018, a year earlier than expected.
Read more
expected production to rise up to 24.3 percent in 2017 from a
year earlier and grow further to hit 5 million carats (mcts) in
2018, a year earlier than expected.
Read more
COLUMN-China's iron ore imports stay robust, may delay price retreat: Russell
LAUNCESTON, Australia, Sept 19 (Reuters) - There is an
almost universal expectation that iron ore prices will start to
retreat soon, reversing some of the 29 percent surge this year
that has seen the steel-making ingredient become one of the
unexpected commodity top performers.
Read more
almost universal expectation that iron ore prices will start to
retreat soon, reversing some of the 29 percent surge this year
that has seen the steel-making ingredient become one of the
unexpected commodity top performers.
Read more
All Hanjin Shipping chartered vessels to be returned to owner after unloading-judge
SEOUL, Sept 19 (Reuters) - All Hanjin Shipping Co Ltd
chartered vessels that have completed unloading
their cargo have been directed to cancel their charter
agreements and return the ship to the shipowner, a judge at
Seoul Central District Court said on Monday.
Read more
chartered vessels that have completed unloading
their cargo have been directed to cancel their charter
agreements and return the ship to the shipowner, a judge at
Seoul Central District Court said on Monday.
Read more
UPDATE 1-All Hanjin Shipping chartered vessels to be returned to owners after unloading-judge
SEOUL, Sept 19 (Reuters) - All Hanjin Shipping Co Ltd
chartered vessels that have completed unloading
their cargo have been told to cancel their charter agreements
and return the ships to the shipowners, a South Korean judge
said on Monday.
Read more
chartered vessels that have completed unloading
their cargo have been told to cancel their charter agreements
and return the ships to the shipowners, a South Korean judge
said on Monday.
Read more
Sunday, September 18, 2016
China to invest $450 bln modernising agriculture by 2020
BEIJING, Sept 18 (Reuters) - The Agricultural Development
Bank of China, one of the country's main policy
lenders, agreed to loan at least 3 trillion yuan ($450 billion)
by 2020 for the modernisation of China's agriculture industry,
state media said on Sunday.
Read more
Bank of China, one of the country's main policy
lenders, agreed to loan at least 3 trillion yuan ($450 billion)
by 2020 for the modernisation of China's agriculture industry,
state media said on Sunday.
Read more
RPT-COLUMN-London tin market a small and shrinking space: Andy Home
LONDON, Sept 19 (Reuters) - The London tin market is
becoming increasingly prone to spread tightness.
Read more
becoming increasingly prone to spread tightness.
Read more
World's gold miners stick close to home in hunt for more metal
TORONTO/DENVER, Sept 18 (Reuters) - The world's biggest gold
miners are taking a cautious approach in their hunt for bullion,
spending more money to explore around existing mines rather than
new territory in a strategy that may have short-term gains but
risks future production growth.
Read more
miners are taking a cautious approach in their hunt for bullion,
spending more money to explore around existing mines rather than
new territory in a strategy that may have short-term gains but
risks future production growth.
Read more
S.Korean prosecutors to summon Lotte Group chairman - Yonhap
SEOUL, Sept 18 (Reuters) - South Korean prosecutors will
summon Lotte Group chairman Shin Dong-bin for questioning on
Tuesday, the Yonhap news agency reported on Sunday citing the
Seoul Central District Prosecutors' Office.
Read more
summon Lotte Group chairman Shin Dong-bin for questioning on
Tuesday, the Yonhap news agency reported on Sunday citing the
Seoul Central District Prosecutors' Office.
Read more
Saturday, September 17, 2016
Congo elections commission petitions high court for poll delay
KINSHASA, Sept 17 (Reuters) - Democratic Republic of Congo's
elections commission on Saturday petitioned the Constitutional
Court for a postponement of presidential elections, formally
confirming a poll delay that has created a dangerous political
impasse.
Read more
elections commission on Saturday petitioned the Constitutional
Court for a postponement of presidential elections, formally
confirming a poll delay that has created a dangerous political
impasse.
Read more
Riots erupt in Congo opposition stronghold - report
DAKAR, Sept 16 (Reuters) - Protesters calling for Democratic
Republic of Congo President Joseph Kabila to resign and hold
elections burned tires on Friday in the streets of the
opposition stronghold of Lubumbashi, and police fired tear gas
to disperse them, U.N.-backed Radio Okapi reported.
Read more
Republic of Congo President Joseph Kabila to resign and hold
elections burned tires on Friday in the streets of the
opposition stronghold of Lubumbashi, and police fired tear gas
to disperse them, U.N.-backed Radio Okapi reported.
Read more
Friday, September 16, 2016
UPDATE 1-EPA says glyphosate, used in Monsanto herbicide, likely not carcinogenic
CHICAGO, Sept 16 (Reuters) - Glyphosate, the key ingredient
in Monsanto Co's Roundup herbicide, is not likely
carcinogenic to humans, the U.S. Environmental Protection Agency
said on Friday as it outlined its current position on the
controversial chemical.
Read more
in Monsanto Co's Roundup herbicide, is not likely
carcinogenic to humans, the U.S. Environmental Protection Agency
said on Friday as it outlined its current position on the
controversial chemical.
Read more
EPA says glyphosate, key ingredient in Monsanto's Roundup, likely not carcinogenic
CHICAGO, Sept 16 (Reuters) - The U.S. Environmental
Protection Agency on Friday said its current position on
glyphosate, the key ingredient in Monsanto Co's Roundup
herbicide, is that the chemical is not likely carcinogenic to
humans.
Read more
Protection Agency on Friday said its current position on
glyphosate, the key ingredient in Monsanto Co's Roundup
herbicide, is that the chemical is not likely carcinogenic to
humans.
Read more
UPDATE 1-United Tech's Pratt issues will drag on cash flow -CEO
NEW YORK, Sept 16 (Reuters) - United Technologies Corp's
chief executive officer said on Friday the company would
deliver 150 Pratt & Whitney engines this year, missing its
target of 200 and putting "pressure on cash flow."
Read more
chief executive officer said on Friday the company would
deliver 150 Pratt & Whitney engines this year, missing its
target of 200 and putting "pressure on cash flow."
Read more
UPDATE 1-Florida sinkhole at Mosaic fertilizer site leaks radioactive water
Sept 16 (Reuters) - A sinkhole spanning 45 feet (13.7
meters) in diameter opened at a Mosaic Co phosphate
fertilizer facility in Florida, leaking 215 million gallons of
"slightly radioactive water," a company spokesman said on
Friday.
Read more
meters) in diameter opened at a Mosaic Co phosphate
fertilizer facility in Florida, leaking 215 million gallons of
"slightly radioactive water," a company spokesman said on
Friday.
Read more
Bayer in $66 bln bet that farmers will back linked-up supplies
FRANKFURT, Sept 16 (Reuters) - Bayer's $66
billion purchase of Monsanto amounts to a long-term bet
that farmers will grow to trust combinations of seeds and
pesticides rather than continue to pick from ranges of separate
products.
Read more
billion purchase of Monsanto amounts to a long-term bet
that farmers will grow to trust combinations of seeds and
pesticides rather than continue to pick from ranges of separate
products.
Read more
RPT-Millennials lead private media opening in Communist-run Cuba
HAVANA, Sept 16 (Reuters) - A handful of independent,
web-based news outlets in Cuba are chipping away at the
Communist-run island's half-century state media monopoly,
challenging the official version of reality.
Read more
web-based news outlets in Cuba are chipping away at the
Communist-run island's half-century state media monopoly,
challenging the official version of reality.
Read more
Protection of Amazon's biodiversity could fuel "fourth industrial revolution" - study
RIO DE JANEIRO, Sept 16 (Thomson Reuters Foundation) - The
Amazon rainforest holds the biological keys to kick-start a
"fourth industrial revolution" if its biodiversity is protected,
said a study published on Friday.
Read more
Amazon rainforest holds the biological keys to kick-start a
"fourth industrial revolution" if its biodiversity is protected,
said a study published on Friday.
Read more
Millennials lead private media opening in Communist-run Cuba
HAVANA, Sept 16 (Reuters) - A handful of independent,
web-based news outlets in Cuba are chipping away at the
Communist-run island's half-century state media monopoly,
challenging the official version of reality.
Read more
web-based news outlets in Cuba are chipping away at the
Communist-run island's half-century state media monopoly,
challenging the official version of reality.
Read more
COLUMN-London tin market a small and shrinking space: Andy Home
LONDON, Sep 16 (Reuters) - The London tin market is becoming
increasingly prone to spread tightness.
Read more
increasingly prone to spread tightness.
Read more
Thursday, September 15, 2016
Agrium to woo uneasy investors over Potash merger deal
WINNIPEG, Sept 15 (Reuters) - Canada's Agrium Inc
will woo reluctant shareholders next week in Toronto to support
its proposed merger with Potash Corp of Saskatchewan Inc
, and seek to appease concerns that it has little to
gain by marrying its fertilizer rival.
Read more
will woo reluctant shareholders next week in Toronto to support
its proposed merger with Potash Corp of Saskatchewan Inc
, and seek to appease concerns that it has little to
gain by marrying its fertilizer rival.
Read more
Silicon Valley 3D printing startup gets $81 million in new funding
REDWOOD CITY, Calif., Sept 15 (Reuters) - Carbon, a Silicon
Valley startup that is developing 3D printers to produce medical
devices and car parts on demand, said on Thursday it had closed
on $81 million in funding that brought the total it has raised
to $222 million.
Read more
Valley startup that is developing 3D printers to produce medical
devices and car parts on demand, said on Thursday it had closed
on $81 million in funding that brought the total it has raised
to $222 million.
Read more
REUTERS SUMMIT-Russia's Nornickel sees nickel price stabilising at $10,000/T
* For other news from Reuters Russia Investment Summit,
click on http://www.reuters.com/summit/russia16
Read more
click on http://www.reuters.com/summit/russia16
Read more
Spanish wetlands and wildlife sanctuary under threat - WWF
MADRID, Sept 15 (Reuters) - Donana National Park, part of
southern Spanish wetland used by 6 million migratory birds,
could dry out completely unless the Spanish government tackles
the threat of dredging, mining and intensive farming, a report
said on Thursday.
Read more
southern Spanish wetland used by 6 million migratory birds,
could dry out completely unless the Spanish government tackles
the threat of dredging, mining and intensive farming, a report
said on Thursday.
Read more
Nordea wants reasons for ABB to keep Power Grids business
STOCKHOLM, Sept 15 (Reuters) - ABB must come up
with convincing reasons to keep the company's power grids
division when it updates shareholders on the business next
month, another of the group's largest investors said, adding to
pressure on the group to break up.
Read more
with convincing reasons to keep the company's power grids
division when it updates shareholders on the business next
month, another of the group's largest investors said, adding to
pressure on the group to break up.
Read more
Lundin gets second bid extension on Freeport Congo mine stake
TORONTO, Sept 15 (Reuters) - Canadian base metals miner
Lundin Mining Corp has won a two week extension until
Sept. 29 to bid on Freeport-McMoRan Inc's stake in the
Tenke Fungurume copper and cobalt mine, Lundin said in a
statement on Thursday.
Read more
Lundin Mining Corp has won a two week extension until
Sept. 29 to bid on Freeport-McMoRan Inc's stake in the
Tenke Fungurume copper and cobalt mine, Lundin said in a
statement on Thursday.
Read more
RPT-Farmers must have choice post Bayer-Monsanto merger - EU's Vestager
PARIS, Sept 15 (Reuters) - European Union anti-trust chief
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between Bayer and Monsanto.
Read more
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between Bayer and Monsanto.
Read more
Farmers must have choice post Bayer-Monsanto merger - EU's Vestager
PARIS, Sept 15 (Reuters) - European Union anti-trust chief
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between Bayer and Monsanto.
Read more
Margrethe Vestager said on Thursday that farmers must continue
to have a choice when buying seeds and pesticides after the
merger between Bayer and Monsanto.
Read more
CANADA STOCKS-TSX rises as banks and energy stocks gain
TORONTO, Sept 15 (Reuters) - Canada's main stock index rose
on Thursday as financials and energy stocks led gains, despite
crude prices turning negative and investors jitters about next
steps for central banks.
Read more
on Thursday as financials and energy stocks led gains, despite
crude prices turning negative and investors jitters about next
steps for central banks.
Read more
UPDATE 1-Barrick's Argentina mine suspended after cyanide spill
TORONTO, Sept 15 (Reuters) - Barrick Gold Corp said
on Thursday that operations at its Veladero mine in Argentina
were temporarily suspended by the government after a "small
quantity" of processing solution that contains cyanide leaked
outside a processing area.
Read more
on Thursday that operations at its Veladero mine in Argentina
were temporarily suspended by the government after a "small
quantity" of processing solution that contains cyanide leaked
outside a processing area.
Read more
REUTERS SUMMIT-Russia's "blood river" spill shouldn't happen again, plant operator says
* For other news from Reuters Russia Investment Summit,
click on http://www.reuters.com/summit/russia16
Read more
click on http://www.reuters.com/summit/russia16
Read more
Sri Lankan shares post over 6-wk closing low on VAT hike concern
COLOMBO, Sept 15 (Reuters) - Sri Lankan shares posted their
lowest closing level in more than six weeks on Thursday, as a
government proposal to raise the value added tax (VAT) weighed
on markets.
Read more
lowest closing level in more than six weeks on Thursday, as a
government proposal to raise the value added tax (VAT) weighed
on markets.
Read more
Serbian state pharma tender attracts only one valid bid
BELGRADE, Sept 15 (Reuters) - A tender for a 25 percent
stake in Serbia's loss-making, state-owned pharmaceutical
company Galenika has attracted only one valid bid, the Economy
Ministry said on Thursday.
Read more
stake in Serbia's loss-making, state-owned pharmaceutical
company Galenika has attracted only one valid bid, the Economy
Ministry said on Thursday.
Read more
UPDATE 1-Peugeot inks 3D printing deal aimed at cutting car costs
PARIS, Sept 15 (Reuters) - French carmaker PSA
said on Thursday a partnership with a U.S. 3D printing startup
would lead to cheaper production of whole vehicle structures as
well as parts for its models.
Read more
said on Thursday a partnership with a U.S. 3D printing startup
would lead to cheaper production of whole vehicle structures as
well as parts for its models.
Read more
Three firms vie for BP's China petrochemicals plant - sources
FRANKFURT/LONDON, Sept 14 (Reuters) - At least three leading
chemical companies are set to vie for BP's stake in
Chinese petrochemicals joint venture SECCO which could fetch
more than $2 billion, sources close to the process said.
Read more
chemical companies are set to vie for BP's stake in
Chinese petrochemicals joint venture SECCO which could fetch
more than $2 billion, sources close to the process said.
Read more
Philippines delays release of mining audit outcome
MANILA, Sept 15 (Reuters) - The Philippine government will
release the results of a review of the operations of the
country's 40 metallic mines on Sept. 22 instead of this week,
the mining minister said on Thursday.
Read more
release the results of a review of the operations of the
country's 40 metallic mines on Sept. 22 instead of this week,
the mining minister said on Thursday.
Read more
China to support debt-to-equity transfers for steel, coal firms
BEIJING, Sept 15 (Reuters) - China will support asset
management companies converting debt into equity stakes for
steel and coal firms, and provide credit support to competitive
companies with overcapacity issues, the country's top banking
regulator said.
Read more
management companies converting debt into equity stakes for
steel and coal firms, and provide credit support to competitive
companies with overcapacity issues, the country's top banking
regulator said.
Read more
Wednesday, September 14, 2016
UPDATE 2-Canada says deadlocked with U.S. over lumber, ready to litigate
OTTAWA, Sept 14 (Reuters) - Canada has not yet managed to
settle a long-running dispute with the United States over
softwood lumber exports and is ready to resort to litigation if
necessary, Trade Minister Chrystia Freeland said on Wednesday.
Read more
settle a long-running dispute with the United States over
softwood lumber exports and is ready to resort to litigation if
necessary, Trade Minister Chrystia Freeland said on Wednesday.
Read more
Canada says deadlocked with U.S. over lumber, ready to litigate
OTTAWA, Sept 14 (Reuters) - Canada has not yet managed to
settle a long-running dispute with the United States over
softwood lumber exports and is ready to resort to litigation if
necessary, Canadian Trade Minister Chrystia Freeland told
reporters on Wednesday.
Read more
settle a long-running dispute with the United States over
softwood lumber exports and is ready to resort to litigation if
necessary, Canadian Trade Minister Chrystia Freeland told
reporters on Wednesday.
Read more
UPDATE 1-Bayer's Monsanto acquisition to face politically charged scrutiny
* Changing political landscape could pose challenge
(New throughout, adds comments by three additional lawmakers
and Cotton Council)
Read more
(New throughout, adds comments by three additional lawmakers
and Cotton Council)
Read more
Ford sees 'substantial headwinds' from 2017 commodity costs
DETROIT, Sept 14 (Reuters) - Ford Motor Co <F.N. Chief
Financial Officer Bob Shanks said that the company sees
"substantial headwinds" in 2017 on North American commodity
costs.
Read more
Financial Officer Bob Shanks said that the company sees
"substantial headwinds" in 2017 on North American commodity
costs.
Read more
ABB shareholder Artisan pushes for spin-off of Power Grids
NEW YORK, Sept 14 (Reuters) - Another shareholder of
Zurich-based conglomerate ABB has called for the
company to spin off its Power Grids division, in an effort to
streamline the company to improve its stock price.
Read more
Zurich-based conglomerate ABB has called for the
company to spin off its Power Grids division, in an effort to
streamline the company to improve its stock price.
Read more
UPDATE 5-Bayer clinches Monsanto with improved $66 billion bid
* Bayer says expects deal to close by end-2017
(Adds detail on regulatory hurdles, executive comments, updates
shares)
Read more
(Adds detail on regulatory hurdles, executive comments, updates
shares)
Read more
CANADA STOCKS-TSX rises with miners; energy stocks drag with lower oil
TORONTO, Sept 14 (Reuters) - Canada's main stock index made
a small gain in Wednesday morning trading as mining stocks
rebounded, while a further slide in oil prices weighed on shares
of energy companies.
Read more
a small gain in Wednesday morning trading as mining stocks
rebounded, while a further slide in oil prices weighed on shares
of energy companies.
Read more
BRIEF-Bayer CEO says has encouraging feedback from regulators on Monsanto deal
* CEO says there is no price adjustment mechanism in the
agreement with monsanto, regulatory risks are under control
Read more
agreement with monsanto, regulatory risks are under control
Read more
Sri Lankan shares edge down on VAT hike concern
COLOMBO, Sept 14 (Reuters) - Sri Lankan shares closed
marginally lower on Wednesday, posting their lowest closing
level in nearly six weeks, as a government proposal to raise the
value added tax (VAT) hurt market sentiment.
Read more
marginally lower on Wednesday, posting their lowest closing
level in nearly six weeks, as a government proposal to raise the
value added tax (VAT) hurt market sentiment.
Read more
RPT-COLUMN-China's steel failure, coal success show prices trump bureaucracy: Russell
LAUNCESTON, Australia, Sept 14 (Reuters) - China's steel and
coal sectors provide contrasting stories so far this year, with
one failing miserably to curb output and the other cutting so
successfully it's led to the unintended consequence of higher
prices and imports.
Read more
coal sectors provide contrasting stories so far this year, with
one failing miserably to curb output and the other cutting so
successfully it's led to the unintended consequence of higher
prices and imports.
Read more
Uber debuts self-driving vehicles in landmark Pittsburgh trial
PITTSBURGH, Sept 14 (Reuters) - When Pittsburgh wakes up on
Wednesday morning, some residents will have the choice of going
about their day in an Uber that drives itself.
Read more
Wednesday morning, some residents will have the choice of going
about their day in an Uber that drives itself.
Read more
UPDATE 1-Bayer signs deal worth close to $66 bln to buy Monsanto - source
* Bayer shares up 3 pct
(Adds calculation of overall deal size, comparison to past
deals, future market share)
Read more
(Adds calculation of overall deal size, comparison to past
deals, future market share)
Read more
Bayer agrees to acquire Monsanto for $128 per share - source
NEW YORK, Sept 14 (Reuters) - Bayer won over
Monsanto's management with a $128 per share offer to
take over the global seed market leader, a person familiar with
the matter told Reuters on Wednesday.
Read more
Monsanto's management with a $128 per share offer to
take over the global seed market leader, a person familiar with
the matter told Reuters on Wednesday.
Read more
Linde chairman says no new talks with Praxair "for now" -Handelsblatt
FRANKFURT, Sept 14 (Reuters) - The chairman of German
industrial gases group Linde said U.S. rival Praxair
would still be the best partner for it but he did not
foresee that merger talks would immediately resume after Linde's
two top executives quit.
Read more
industrial gases group Linde said U.S. rival Praxair
would still be the best partner for it but he did not
foresee that merger talks would immediately resume after Linde's
two top executives quit.
Read more
Australia shares snap 4 days of losses as banks firm; NZ down
Sept 14 (Reuters) - Australian shares recovered from
four-straight sessions of losses on Wednesday, boosted by
financial stocks, as expectations rose of the country's 30-year
bond debut drawing strong demand.
Read more
four-straight sessions of losses on Wednesday, boosted by
financial stocks, as expectations rose of the country's 30-year
bond debut drawing strong demand.
Read more
Tuesday, September 13, 2016
N.Korea ramps up uranium enrichment, enough for six nuclear bombs a year-experts
SEOUL, Sept 14 (Reuters) - North Korea will have enough
material for about 20 nuclear bombs by the end of this year,
with ramped-up uranium enrichment facilities and an existing
stockpile of plutonium, according to new assessments by weapons
experts.
Read more
material for about 20 nuclear bombs by the end of this year,
with ramped-up uranium enrichment facilities and an existing
stockpile of plutonium, according to new assessments by weapons
experts.
Read more
COLUMN-China's steel failure, coal success show prices trump bureaucracy: Russell
LAUNCESTON, Australia, Sept 14 (Reuters) - China's steel and
coal sectors provide contrasting stories so far this year, with
one failing miserably to curb output and the other cutting so
successfully it's led to the unintended consequence of higher
prices and imports.
Read more
coal sectors provide contrasting stories so far this year, with
one failing miserably to curb output and the other cutting so
successfully it's led to the unintended consequence of higher
prices and imports.
Read more
RPT-COLUMN-Norilsk's 1942 nickel plant gone but far from forgotten: Andy Home
LONDON, Sept 13 (Reuters) - Norilsk Nickel, or
Nornik as it has just rebranded itself, has just completed the
decommissioning of the nickel refining plant in its far-flung
Polar operations in the Arctic north of Siberia.
Read more
Nornik as it has just rebranded itself, has just completed the
decommissioning of the nickel refining plant in its far-flung
Polar operations in the Arctic north of Siberia.
Read more
CORRECTED-UPDATE 3-Hanjin Shipping secures $45 mln, more may take "considerable time"
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".
Read more
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".
Read more
UPDATE 1-Arch Coal's turnaround plan confirmed by U.S. court
Sept 13 (Reuters) - U.S. coal miner Arch Coal won
court approval on Tuesday for a plan to eliminate $4.7 billion
of debt from its balance sheet, the company said, clearing the
path to emerge from bankruptcy in early October.
Read more
court approval on Tuesday for a plan to eliminate $4.7 billion
of debt from its balance sheet, the company said, clearing the
path to emerge from bankruptcy in early October.
Read more
Top German companies say refugees not ready for job market
FRANKFURT, Sept 13 (Reuters) - Germany's blue-chip companies
will have to explain to Chancellor Angela Merkel on Wednesday
why they have managed to hire fewer than 100 refugees after
around a million arrived in the country last year.
Read more
will have to explain to Chancellor Angela Merkel on Wednesday
why they have managed to hire fewer than 100 refugees after
around a million arrived in the country last year.
Read more
U.S. senators set bill to keep focus on rights in Myanmar -document
WASHINGTON, Sept 13 (Reuters) - Senior U.S. senators will
introduce legislation on Tuesday intended to preserve a focus on
human rights issues in Myanmar, amid expectations that the Obama
administration will further ease or lift sanctions, according to
a summary of the measure seen by Reuters.
Read more
introduce legislation on Tuesday intended to preserve a focus on
human rights issues in Myanmar, amid expectations that the Obama
administration will further ease or lift sanctions, according to
a summary of the measure seen by Reuters.
Read more
Jaguar Land Rover picks contractors, breaks ground for Slovak plant
NITRA, Slovakia, Sept 13 (Reuters) - Luxury carmaker Jaguar
Land Rover (JLR) has picked Japanese firm Takenaka
and Czech company Vces, part of Bouygues group, as
subcontractors for the Slovak factory it started building on
Tuesday, the company said.
Read more
Land Rover (JLR) has picked Japanese firm Takenaka
and Czech company Vces, part of Bouygues group, as
subcontractors for the Slovak factory it started building on
Tuesday, the company said.
Read more
Romania moves to protect some of Europe's last virgin forests
VIDRARU, Romania, Sept 13 (Reuters) - With new technology
and a crackdown on logging, Romania is racing to save some of
Europe's last virgin forests, home to wolves and brown bears.
Read more
and a crackdown on logging, Romania is racing to save some of
Europe's last virgin forests, home to wolves and brown bears.
Read more
Desperation and death beneath South Africa's City of Gold
JOHANNESBURG, Sept 13 (Reuters) - When he lost his job as a
Johannesburg gardener a month ago, 25-year-old Sibangani Tsikwe
did what millions of men have done before him: seek their
fortune deep underground in the gold mines that help to define
South Africa.
Read more
Johannesburg gardener a month ago, 25-year-old Sibangani Tsikwe
did what millions of men have done before him: seek their
fortune deep underground in the gold mines that help to define
South Africa.
Read more
RPT-COLUMN-Coking coal bubble to deflate, unlikely to burst: Russell
LAUNCESTON, Australia, Sept 13 (Reuters) - When the price of
a commodity rises by 117 percent in a mere 15 weeks, it's
generally a sign that something is amiss in the market, and
coking coal's recent stellar run is no exception to this rule.
Read more
a commodity rises by 117 percent in a mere 15 weeks, it's
generally a sign that something is amiss in the market, and
coking coal's recent stellar run is no exception to this rule.
Read more
COLUMN-Norilsk's 1942 nickel plant gone but far from forgotten: Andy Home
LONDON, Sept 13 (Reuters) - Norilsk Nickel, or
Nornik as it has just rebranded itself, has just completed the
decommissioning of the nickel refining plant in its far-flung
Polar operations in the Arctic north of Siberia.
Read more
Nornik as it has just rebranded itself, has just completed the
decommissioning of the nickel refining plant in its far-flung
Polar operations in the Arctic north of Siberia.
Read more
Bulgaria's pine forests threatened by bark beetle
BREZNIK, Bulgaria, Sept 13 (Reuters) - Pine forests planted
in Bulgaria to combat soil erosion are falling prey to a beetle
that is feeding on trees already weakened by excessively hot
weather, dense planting and a lack of proper logging in the
years after the fall of communism.
Read more
in Bulgaria to combat soil erosion are falling prey to a beetle
that is feeding on trees already weakened by excessively hot
weather, dense planting and a lack of proper logging in the
years after the fall of communism.
Read more
Taiwan's commodities companies brace for another super typhoon
SINGAPORE/MELBOURNE, Sept 13 (Reuters) - Taiwan's
commodities industry was preparing on Tuesday for heavy wind and
flooding as Typhoon Meranti hurtled towards the south of the
island, threatening to disrupt grain and oil shipments from its
major port and a lead refinery.
Read more
commodities industry was preparing on Tuesday for heavy wind and
flooding as Typhoon Meranti hurtled towards the south of the
island, threatening to disrupt grain and oil shipments from its
major port and a lead refinery.
Read more
UPDATE 1-Hanjin Shipping secures $36 mln, more may take "considerable time"
* Ship held in Australia, others on the way face arrest -
sources
(Adds detail on vessels in Australia)
Read more
sources
(Adds detail on vessels in Australia)
Read more
South Korea says tough luck to Hanjin as shipping line sinks
SEOUL, Sept 13 (Reuters) - The South Korean government, long
a bastion of support for the country's big conglomerates, is
sticking to its hard-line stance on Hanjin Shipping Co Ltd
, whose collapse is roiling global supply chains.
Read more
a bastion of support for the country's big conglomerates, is
sticking to its hard-line stance on Hanjin Shipping Co Ltd
, whose collapse is roiling global supply chains.
Read more
Monday, September 12, 2016
UPDATE 2-China's August steel output rises for 6th straight month
BEIJING, Sept 13 (Reuters) - China's crude steel output rose
3 percent in August from a year ago, the sixth straight monthly
rise and the latest sign that a rally in prices and pick up in
demand spurred mills in the world's top producer to ramp up
production.
Read more
3 percent in August from a year ago, the sixth straight monthly
rise and the latest sign that a rally in prices and pick up in
demand spurred mills in the world's top producer to ramp up
production.
Read more
UPDATE 2-China August factory output, retail sales beat expectations
* China says downward pressure on economy still large
(Adds analysts' analysis of the data, details)
Read more
(Adds analysts' analysis of the data, details)
Read more
China Aug steel output up 3 pct at 68.57 mln T -stats bureau
BEIJING, Sept 13 (Reuters) - China's crude steel output rose
3 percent to 68.57 million tonnes in August from a year ago,
data from the National Bureau of Statistics showed on Tuesday,
the latest sign that a rally in prices spurred mills in the
world's top producer to ramp up.
Read more
3 percent to 68.57 million tonnes in August from a year ago,
data from the National Bureau of Statistics showed on Tuesday,
the latest sign that a rally in prices spurred mills in the
world's top producer to ramp up.
Read more
China Aug coal output drops 11 pct -stats bureau
BEIJING, Sept 13 (Reuters) - China produced 278 million
tonnes of coal in August, down 11 percent from a year ago, as
producers responded to Beijing's clampdown on overcapacity,
government data showed on Tuesday.
Read more
tonnes of coal in August, down 11 percent from a year ago, as
producers responded to Beijing's clampdown on overcapacity,
government data showed on Tuesday.
Read more
UPDATE 1-U.S. trade panel affirms hot-rolled steel duties on seven countries
WASHINGTON, Sept 12 (Reuters) - The U.S. International Trade
Commission handed another victory to American steelmakers on
Monday, affirming most of the recent anti-dumping and
anti-subsidy duties on hot-rolled flat steel imports from
Australia, Brazil, Britain, Japan, the Netherlands, South Korea
and Turkey.
Read more
Commission handed another victory to American steelmakers on
Monday, affirming most of the recent anti-dumping and
anti-subsidy duties on hot-rolled flat steel imports from
Australia, Brazil, Britain, Japan, the Netherlands, South Korea
and Turkey.
Read more
U.S. trade panel affirms hot-rolled steel duties on seven countries
WASHINGTON, Sept 12 (Reuters) - The U.S. International Trade
Commission handed another victory to American steelmakers on
Monday, affirming most of the recent anti-dumping and
anti-subsidy duties on hot-rolled flat steel imports from
Australia, Brazil, Britain, Japan, the Netherlands, South Korea
and Turkey.
Read more
Commission handed another victory to American steelmakers on
Monday, affirming most of the recent anti-dumping and
anti-subsidy duties on hot-rolled flat steel imports from
Australia, Brazil, Britain, Japan, the Netherlands, South Korea
and Turkey.
Read more
Anadarko to buy Freeport's U.S. Gulf assets for $2 billion
Sept 12 (Reuters) - Anadarko Petroleum Corp said it
agreed to buy deepwater Gulf of Mexico assets of Freeport
McMoRan Inc's oil and gas unit for $2 billion.
Read more
agreed to buy deepwater Gulf of Mexico assets of Freeport
McMoRan Inc's oil and gas unit for $2 billion.
Read more
UPDATE 1-Freeport to sell U.S. Gulf assets to Anadarko for $2 bln
Sept 12 (Reuters) - Freeport McMoRan Inc agreed to
sell its deepwater Gulf of Mexico assets to Anadarko Petroleum
Corp for $2 billion as it looks to cut its heavy debt
load.
Read more
sell its deepwater Gulf of Mexico assets to Anadarko Petroleum
Corp for $2 billion as it looks to cut its heavy debt
load.
Read more
UPDATE 1-Barrick Gold partners with Cisco in bid to boost productivity
VANCOUVER, Sept 12 (Reuters) - Barrick Gold Corp,
the world's biggest gold producer, said on Monday it would
partner with Cisco Systems to incorporate digital
technology in all aspects of its mining business, aiming to
improve productivity and reduce costs.
Read more
the world's biggest gold producer, said on Monday it would
partner with Cisco Systems to incorporate digital
technology in all aspects of its mining business, aiming to
improve productivity and reduce costs.
Read more
U.S. says Chinese stainless steel strip, sheet imports being dumped in U.S.
WASHINGTON, Sept 12 (Reuters) - The U.S. Commerce Department
on Monday said it had made a preliminary finding that imports of
stainless steel sheet and strip from China are being dumped in
the U.S. market at below fair value.
Read more
on Monday said it had made a preliminary finding that imports of
stainless steel sheet and strip from China are being dumped in
the U.S. market at below fair value.
Read more
UPDATE 1-Bangladesh factory owner, others flee as toll from fire rises
DHAKA, Sept 12 (Reuters) - A police case has been filed
against the owner of Tampaco Foils and seven other top managers
of the food and cigarette packaging plant near Dhaka who have
gone into hiding, as the death toll from a fire at the factory
over the weekend rose to 33 late on Monday.
Read more
against the owner of Tampaco Foils and seven other top managers
of the food and cigarette packaging plant near Dhaka who have
gone into hiding, as the death toll from a fire at the factory
over the weekend rose to 33 late on Monday.
Read more
Brazil ratifies Paris deal; joins top polluters U.S., China
BRASILIA/SAO PAULO, Sept 12 (Reuters) - Brazil, one of the
world's largest emitters of heat-trapping gases, on Monday
ratified the Paris agreement to fight global warming, joining
top polluters United States and China and bringing the deal
closer to implementation.
Read more
world's largest emitters of heat-trapping gases, on Monday
ratified the Paris agreement to fight global warming, joining
top polluters United States and China and bringing the deal
closer to implementation.
Read more
Barrick Gold partners with Cisco in bid to boost productivity
Sept 12 (Reuters) - Barrick Gold Corp, the world's
biggest gold producer, said on Monday it would partner with
Cisco Systems to incorporate digital technology in all
aspects of its mining business, aiming to improve productivity
and efficiency.
Read more
biggest gold producer, said on Monday it would partner with
Cisco Systems to incorporate digital technology in all
aspects of its mining business, aiming to improve productivity
and efficiency.
Read more
CANADA STOCKS-TSX slips; Potash-Agrium merger, Open Text deal limit loss
TORONTO, Sept 12 (Reuters) - Canada's main stock index
slipped on Monday as banks fell with a retreat in overseas
equities markets, but losses were cushioned by companies gaining
on domestic merger activity.
Read more
slipped on Monday as banks fell with a retreat in overseas
equities markets, but losses were cushioned by companies gaining
on domestic merger activity.
Read more
UPDATE 3-Potash Corp, Agrium to merge to create $36 bln company
Sept 12 (Reuters) - Canada's Agrium Inc and Potash
Corp of Saskatchewan Inc agreed to combine in a deal
that would create a fertilizer giant with an enterprise value of
about $36 billion but also draw scrutiny from U.S. regulators.
Read more
Corp of Saskatchewan Inc agreed to combine in a deal
that would create a fertilizer giant with an enterprise value of
about $36 billion but also draw scrutiny from U.S. regulators.
Read more
Agrium and Potash Corp to merge
Sept 12 (Reuters) - Canada's Agrium Inc and Potash
Corp of Saskatchewan Inc said on Monday they would
combine to create a fertilizer and farm retailing giant with
proforma enterprise value of $36 billion.
Read more
Corp of Saskatchewan Inc said on Monday they would
combine to create a fertilizer and farm retailing giant with
proforma enterprise value of $36 billion.
Read more
Two workers killed in explosion at Orica plant in Chile
SANTIAGO, Sept 11 (Reuters) - Two workers were killed in an
explosion at Australian company Orica Ltd's emulsions
manufacturing plant in Chile, the company said on Sunday.
Read more
explosion at Australian company Orica Ltd's emulsions
manufacturing plant in Chile, the company said on Sunday.
Read more
Sunday, September 11, 2016
UPDATE 1-Thyssenkrupp's Atzpodien to lose job after submarine tender loss -sources
* Atzpodien was charged with winning Australian sub tender
(Adds source saying Atzpodien to stay on as adviser, details on
Industrial Solutions restructuring)
Read more
(Adds source saying Atzpodien to stay on as adviser, details on
Industrial Solutions restructuring)
Read more
Friday, September 9, 2016
Thyssenkrupp's Atzpodien to lose job after submarine tender loss -sources
LONDON/BERLIN, Sept 9 (Reuters) - Thyssenkrupp
manager Hans Christoph Atzpodien is expected to leave the
management board of the group's Industrial Solutions unit after
losing a $40 billion Australian submarine tender, two sources
familiar with the matter told Reuters.
Read more
manager Hans Christoph Atzpodien is expected to leave the
management board of the group's Industrial Solutions unit after
losing a $40 billion Australian submarine tender, two sources
familiar with the matter told Reuters.
Read more
UPDATE 1-Main border crossing for Congo copper exports closed as riots kill three
KINSHASA, Sept 9 (Reuters) - Three people were killed in
riots on Friday near a border crossing between Democratic
Republic of Congo and Zambia that serves as the main export
route for Congolese copper, Congo's government said.
Read more
riots on Friday near a border crossing between Democratic
Republic of Congo and Zambia that serves as the main export
route for Congolese copper, Congo's government said.
Read more
GLOBAL LNG-Prices edge up as old and new buyers seek spot supplies
MILAN, Sept 9 (Reuters) - Asian liquefied natural gas (LNG)
prices edged up on a crop of fresh tenders expected to add to
already brisk demand from Indian and Middle Eastern importers.
Read more
prices edged up on a crop of fresh tenders expected to add to
already brisk demand from Indian and Middle Eastern importers.
Read more
Sri Lankan shares end down, dragged by large caps
COLOMBO, Sept 9 (Reuters) - Sri Lanka's benchmark index fell
for the third straight session on Friday, dragged down by large
caps, as investors stayed on the sidelines amid confusion over
falling bond yields, stockbrokers said.
Read more
for the third straight session on Friday, dragged down by large
caps, as investors stayed on the sidelines amid confusion over
falling bond yields, stockbrokers said.
Read more
EU regulators halt Dow, DuPont merger review to gather data
BRUSSELS, Sept 9 (REUTERS) - EU antitrust regulators have
halted their scrutiny of Dow Chemical Co and DuPont's
proposed merger while the companies provide more
information regarding their $130 billion deal.
Read more
halted their scrutiny of Dow Chemical Co and DuPont's
proposed merger while the companies provide more
information regarding their $130 billion deal.
Read more
Sri Lankan rupee weaker on importer demand
COLOMBO, Sept 9 (Reuters) - The Sri Lankan rupee traded
weaker on Friday as importer dollar demand surpassed inward
remittances of the U.S. currency amid a lack of exporter
conversions, dealers said.
Read more
weaker on Friday as importer dollar demand surpassed inward
remittances of the U.S. currency amid a lack of exporter
conversions, dealers said.
Read more
Thursday, September 8, 2016
CANADA STOCKS-TSX firms as gains for energy offset broader losses
TORONTO, Sept 8 (Reuters) - Canada's main stock index edged
higher on Thursday as an oil price-driven rally in energy stocks
offset broader losses for the market.
Read more
higher on Thursday as an oil price-driven rally in energy stocks
offset broader losses for the market.
Read more
Goldcorp hires Scotiabank to run Los Filos mine sale: sources
TORONTO/MEXICO CITY, Sept 8 (Reuters) - Goldcorp Inc
has hired Bank of Nova Scotia to lead the sale process
for Los Filos, its gold and silver mine in Mexico, according to
two sources familiar with the situation, after putting the asset
on the block earlier in the summer.
Read more
has hired Bank of Nova Scotia to lead the sale process
for Los Filos, its gold and silver mine in Mexico, according to
two sources familiar with the situation, after putting the asset
on the block earlier in the summer.
Read more
Bayer exploring sale of dermatology business - Bloomberg
Sept 8 (Reuters) - German chemicals and crop pesticides firm
Bayer AG is exploring the sale of its dermatology
business to push forward its deal with Monsanto Co,
Bloomberg reported, citing sources.
Read more
Bayer AG is exploring the sale of its dermatology
business to push forward its deal with Monsanto Co,
Bloomberg reported, citing sources.
Read more
South Africa's Eskom links Medupi unit five to grid
JOHANNESBURG, Sept 8 (Reuters) - Eskom has linked up unit
five of its Medupi coal power station to the grid, the Ministry
of Public Enterprises said on Thursday, as part of the
state-controlled company's drive to overcome South Africa's
chronic electricity shortages.
Read more
five of its Medupi coal power station to the grid, the Ministry
of Public Enterprises said on Thursday, as part of the
state-controlled company's drive to overcome South Africa's
chronic electricity shortages.
Read more
Kenya to plant a "green dress" the size of Costa Rica
NAIROBI, Sept 8 (Thomson Reuters Foundation) - Kenya aims to
restore trees and vegetation across almost nine percent of its
land mass by 2030, the government said on Thursday, in a bold
initiative to combat climate change, poverty and hunger.
Read more
restore trees and vegetation across almost nine percent of its
land mass by 2030, the government said on Thursday, in a bold
initiative to combat climate change, poverty and hunger.
Read more
UPDATE 2-Glencore, Origin put Chile hydropower business up for sale
* Larger dam projects have struggled in Chile
(Adds detail on hydropower in Chile, company no comment)
Read more
(Adds detail on hydropower in Chile, company no comment)
Read more
CANADA STOCKS-TSX falls as materials, banks offset energy gains
TORONTO, Sept 8 (Reuters) - Canada's main stock index
slipped on Thursday as losses for materials and banking stocks
canceled out gains for energy companies as oil prices rose.
Read more
slipped on Thursday as losses for materials and banking stocks
canceled out gains for energy companies as oil prices rose.
Read more
Thomas Cook shares rise on China JV launch, rival Dart's comments
Sept 8 (Reuters) - Shares in tour operator Thomas Cook Group
Plc rose more than 7 percent on Thursday, after the
company launched its China venture and positive comments on
bookings from a rival.
Read more
Plc rose more than 7 percent on Thursday, after the
company launched its China venture and positive comments on
bookings from a rival.
Read more
Sri Lankan shares hit more than 1-mth closing low; large caps down
COLOMBO, Sept 8 (Reuters) - Sri Lanka's benchmark index hit
a more than one-month closing low on Thursday, dragged down by
large cap shares, as investors largely stayed on the sidelines
amid confusion over falling bond yields, stockbrokers said.
Read more
a more than one-month closing low on Thursday, dragged down by
large cap shares, as investors largely stayed on the sidelines
amid confusion over falling bond yields, stockbrokers said.
Read more
South Africa's Oakbay "implores" banks to reopen its accounts
JOHANNESBURG, Sept 8 (Reuters) - Oakbay Investments said on
Thursday it will again try to restore its relationships with
South African banks which ostracised it after allegations of
undue political influence by its owners, the Gupta family.
Read more
Thursday it will again try to restore its relationships with
South African banks which ostracised it after allegations of
undue political influence by its owners, the Gupta family.
Read more
Indonesia evaluating mining rules as 2017 deadline on metal exports nears
JAKARTA, Sept 8 (Reuters) - Indonesia's mining ministry is
scrambling to find a way around a deadline on mineral processing
that could prevent some miners, including U.S. copper mining
giant Freeport-McMoRan Inc, from exporting minerals from
the country from 2017.
Read more
scrambling to find a way around a deadline on mineral processing
that could prevent some miners, including U.S. copper mining
giant Freeport-McMoRan Inc, from exporting minerals from
the country from 2017.
Read more
Deep investment cuts will slow rebound for offshore oil services-Bourbon
PARIS, Sept 8 (Reuters) - French oil services company
Bourbon said on Thursday that any rebound in oil and
gas prices will take a while to reach companies in the offshore
marine sector because of deep cuts in investments during the
prolonged oil downturn.
Read more
Bourbon said on Thursday that any rebound in oil and
gas prices will take a while to reach companies in the offshore
marine sector because of deep cuts in investments during the
prolonged oil downturn.
Read more
Sri Lankan rupee steady; exporter dlr sales offset importer demand
COLOMBO, Sept 8 (Reuters) - The Sri Lankan rupee traded
steady on Thursday as mild dollar demand from importers was
offset by exporters' greenback sales, dealers said.
Read more
steady on Thursday as mild dollar demand from importers was
offset by exporters' greenback sales, dealers said.
Read more
RPT-AFRICA BUSINESS - Move over, Manila? Congo call centre gives glimpse of what might be
KINSHASA, Sept 7 (Reuters) - In a renovated warehouse in
Kinshasa, dozens of young Congolese wearing headsets sit in rows
of identical orange cubicles, fielding phone calls in six
different languages.
Read more
Kinshasa, dozens of young Congolese wearing headsets sit in rows
of identical orange cubicles, fielding phone calls in six
different languages.
Read more
Wednesday, September 7, 2016
Australia shares dragged down by banks, basic materials; NZ lower
Sept 8 (Reuters) - Australian shares fell to their lowest in
close to two months on Thursday as many investors were edgy
about global economic prospects, and some encouraging trade data
from China did not lift spirits.
Read more
close to two months on Thursday as many investors were edgy
about global economic prospects, and some encouraging trade data
from China did not lift spirits.
Read more
UPDATE 1-China Aug imports rise for first time in nearly 2 years, export drop eases
BEIJING, Sept 8 (Reuters) - China's imports unexpected rose
in August for the first time in nearly two years while exports
fell at a more modest pace,
suggesting demand at home and abroad may finally be perking up
and putting the world's second-largest economy on a more
balanced footing.
Read more
in August for the first time in nearly two years while exports
fell at a more modest pace,
suggesting demand at home and abroad may finally be perking up
and putting the world's second-largest economy on a more
balanced footing.
Read more
Expanded U.S. habitat protection ordered for rare Lynx
SALMON, Idaho, Sept 7 (Reuters) - A federal judge ordered
U.S. wildlife managers on Wednesday to enlarge habitat
protections in Idaho, Montana and Colorado for the Canada lynx,
a rare wild cat that roams the Rockies and mountain forests of
several other states.
Read more
U.S. wildlife managers on Wednesday to enlarge habitat
protections in Idaho, Montana and Colorado for the Canada lynx,
a rare wild cat that roams the Rockies and mountain forests of
several other states.
Read more
AFRICA BUSINESS - Move over, Manila? Congo call centre gives glimpse of what might be
KINSHASA, Sept 7 (Reuters) - In a renovated warehouse in
Kinshasa, dozens of young Congolese wearing headsets sit in rows
of identical orange cubicles, fielding phone calls in six
different languages.
Read more
Kinshasa, dozens of young Congolese wearing headsets sit in rows
of identical orange cubicles, fielding phone calls in six
different languages.
Read more
UPDATE 3-St. Jude sues short-seller over heart device allegations
NEW YORK/BOSTON Sept 7 (Reuters) - St. Jude Medical Inc
on Wednesday sued short-selling firm Muddy Waters and
cybersecurity company MedSec Holdings Ltd, saying they
intentionally disseminated false information about its heart
devices to manipulate its stock.
Read more
on Wednesday sued short-selling firm Muddy Waters and
cybersecurity company MedSec Holdings Ltd, saying they
intentionally disseminated false information about its heart
devices to manipulate its stock.
Read more
Volkswagen targets East Africa with Kenya car assembly plant
NAIROBI, Sept 7 (Reuters) - Volkswagen's will
resume producing cars in Kenya by the end of the year as it
looks to sell more vehicles across the East African region.
Read more
resume producing cars in Kenya by the end of the year as it
looks to sell more vehicles across the East African region.
Read more
Sri Lankan shares fall to near one-month low
COLOMBO, Sept 7 (Reuters) - Sri Lanka's benchmark index
ended lower in lean trading on Wednesday, dragged by blue chips
to a near one-month closing low, as investors largely stayed on
the sidelines, stockbrokers said.
Read more
ended lower in lean trading on Wednesday, dragged by blue chips
to a near one-month closing low, as investors largely stayed on
the sidelines, stockbrokers said.
Read more
CANADA STOCKS-TSX barely lower as miners weigh, rails rise
TORONTO, Sept 7 (Reuters) - Canada's main stock index
slipped on Wednesday as mining shares pulled back, although
rising railway stocks and gains for some energy companies
limited losses.
Read more
slipped on Wednesday as mining shares pulled back, although
rising railway stocks and gains for some energy companies
limited losses.
Read more
Poland may block sale of local EDF, Engie assets under new law
KRYNICA-ZDROJ, Poland, Sept 7 (Reuters) - Poland has put
local heating assets owned by French EDF and Engie
on a list of companies deemed important for energy
security, in order to be able to block their potential sale, the
energy minister said.
Read more
local heating assets owned by French EDF and Engie
on a list of companies deemed important for energy
security, in order to be able to block their potential sale, the
energy minister said.
Read more
Sri Lankan rupee ends firmer on dollar selling by banks, exporters
COLOMBO, Sept 7 (Reuters) - The Sri Lankan rupee ended
slightly firmer on Wednesday as banks sold dollars on behalf of
foreign investors and as exporters sold the greenback amid a
lack of demand from importers for the U.S. currency, dealers
said.
Read more
slightly firmer on Wednesday as banks sold dollars on behalf of
foreign investors and as exporters sold the greenback amid a
lack of demand from importers for the U.S. currency, dealers
said.
Read more
Saudi's SABIC sells Polymershapes unit to U.S. firm
KHOBAR, Saudi Arabia, Sept 7 (Reuters) - Saudi Basic
Industries Corp (SABIC) has agreed to sell its
Polymershapes unit to U.S. investment firm Blackfriars Corp,
SABIC said without giving a value for the deal.
Read more
Industries Corp (SABIC) has agreed to sell its
Polymershapes unit to U.S. investment firm Blackfriars Corp,
SABIC said without giving a value for the deal.
Read more
China gold reserves rose to 58.95 mln fine troy oz at end-Aug
BEIJING, Sept 7 (Reuters) - China's gold reserves rose to
58.95 million fine troy ounces (oz) at the end of August, from
58.79 million fine troy ounces at the end of July, the central
bank said on Wednesday.
(Reporting by Beijing Monitoring Desk; Editing by Himani
Sarkar)
Read more
58.95 million fine troy ounces (oz) at the end of August, from
58.79 million fine troy ounces at the end of July, the central
bank said on Wednesday.
(Reporting by Beijing Monitoring Desk; Editing by Himani
Sarkar)
Read more
UPDATE 1-Malaysia extends bauxite mining ban until year-end
* Says may extend moratorium if stocks not cleared by year
end
(Adds comment, detail, background)
Read more
end
(Adds comment, detail, background)
Read more
Sri Lankan rupee steady as dollar sales offset importer demand
COLOMBO, Sept 7 (Reuters) - The Sri Lankan rupee traded
steady on Wednesday as dollar sales by exporters and banks to
convert inward remittances offset the demand from importers for
the greenback, dealers said.
Read more
steady on Wednesday as dollar sales by exporters and banks to
convert inward remittances offset the demand from importers for
the greenback, dealers said.
Read more
Tuesday, September 6, 2016
UPDATE 1-Brazil could raise emissions and still meet Paris goal -study
SAO PAULO, Sept 6 (Reuters) - Brazil could increase carbon
emissions by up to 21 percent until 2030 and still meet its
pledge under the 2015 Paris climate agreement to fight global
warming, according to a study released on Tuesday.
Read more
emissions by up to 21 percent until 2030 and still meet its
pledge under the 2015 Paris climate agreement to fight global
warming, according to a study released on Tuesday.
Read more
New Australian farm registry allays Chinese ownership concerns
SYDNEY, Sept 7 (Reuters) - A new Australian farm registry
reveals nearly 15 percent of rural land is foreign owned, with
British investors dominating and Chinese a distant fifth,
allaying popular fears that Chinese rural investment may
threaten food security.
Read more
reveals nearly 15 percent of rural land is foreign owned, with
British investors dominating and Chinese a distant fifth,
allaying popular fears that Chinese rural investment may
threaten food security.
Read more
RPT-COLUMN-G20 kicks steel overcapacity can down the road again: Andy Home
LONDON, Sept 6 (Reuters) - When G20 leaders met in the
Chinese city of Hangzhou this week, they did so under, if not
quite blue skies, at least smog-free skies.
Read more
Chinese city of Hangzhou this week, they did so under, if not
quite blue skies, at least smog-free skies.
Read more
Brazil could raise emissions and still meet Paris goal -study
SAO PAULO, Sept 6 (Reuters) - Brazil could increase its
carbon emissions by up to 21 percent from 2014 to 2030 and still
meet its pledge under the 2015 Paris climate agreement to fight
global warming, according to a study released on Tuesday.
Read more
carbon emissions by up to 21 percent from 2014 to 2030 and still
meet its pledge under the 2015 Paris climate agreement to fight
global warming, according to a study released on Tuesday.
Read more
UPDATE 1-Part of Houston Ship Channel shut; tankers stopped to 4 refineries
Sept 6 (Reuters) - Four Houston-area refineries were unable
to receive crude oil from tankers on Tuesday after a portion of
the Houston Ship Channel was shut due to a fire aboard an empty
tanker, according to the U.S. Coast Guard.
Read more
to receive crude oil from tankers on Tuesday after a portion of
the Houston Ship Channel was shut due to a fire aboard an empty
tanker, according to the U.S. Coast Guard.
Read more
COLUMN-G20 kicks steel overcapacity can down the road again: Andy Home
LONDON, Sept 6 (Reuters) - When G20 leaders met in the
Chinese city of Hangzhou this week, they did so under, if not
quite blue skies, at least smog-free skies.
Read more
Chinese city of Hangzhou this week, they did so under, if not
quite blue skies, at least smog-free skies.
Read more
Sri Lankan rupee ends firmer on dollar selling by exporters, banks
COLOMBO, Sept 6 (Reuters) - The Sri Lankan rupee ended
higher on Tuesday as dollar selling by exporters and banks on
behalf of foreign investors to buy government securities helped
the currency amid a lack of demand from importers for the
greenback, dealers said.
Read more
higher on Tuesday as dollar selling by exporters and banks on
behalf of foreign investors to buy government securities helped
the currency amid a lack of demand from importers for the
greenback, dealers said.
Read more
RPT-Canada tech players reap benefits as export picture brightens
TORONTO, Sept 6 (Reuters) - Smaller Canadian technology
companies making products like robotics, drones and high-tech
thermostats are proving to be some of the biggest winners as the
country's recently struggling non-commodity export sector shows
signs of revival.
Read more
companies making products like robotics, drones and high-tech
thermostats are proving to be some of the biggest winners as the
country's recently struggling non-commodity export sector shows
signs of revival.
Read more
Sri Lankan shares end steady; heavyweight John Keells down
COLOMBO, Sept 6 (Reuters) - Sri Lankan shares ended steady
in thin trade on Tuesday, hovering near a more than three-week
closing low hit in the previous session, as investors largely
stayed on the sidelines, stockbrokers said.
Read more
in thin trade on Tuesday, hovering near a more than three-week
closing low hit in the previous session, as investors largely
stayed on the sidelines, stockbrokers said.
Read more
UPDATE 1-ChemChina extends public tender offers for Syngenta to Nov. 8
ZURICH, Sept 6 (Reuters) - ChemChina on Tuesday extended by
almost two months the deadline for Syngenta investors
to tender their shares as the Chinese company seeks to complete
a $43 billion takeover of the Swiss pesticides and seeds group.
Read more
almost two months the deadline for Syngenta investors
to tender their shares as the Chinese company seeks to complete
a $43 billion takeover of the Swiss pesticides and seeds group.
Read more
Sri Lankan rupee firmer on dollar sales by exporters, banks
COLOMBO, Sept 6 (Reuters) - The Sri Lankan rupee edged up on
Tuesday as dollar sales by exporters and banks on behalf of
foreign investors to buy government securities helped the
currency amid a lack of demand from importers for the greenback,
dealers said.
Read more
Tuesday as dollar sales by exporters and banks on behalf of
foreign investors to buy government securities helped the
currency amid a lack of demand from importers for the greenback,
dealers said.
Read more
Turkish bank regulator takes control of Boydak in coup probe
ISTANBUL, Sept 6 (Reuters) - Turkey's bank regulator has
taken control of Boydak Holding, which features in the Fortune
500 list of top Turkish firms, after the state said it would
manage or sell off firms linked to a religious movement it
blames for a failed coup, the Dogan News Agency said on Tuesday.
Read more
taken control of Boydak Holding, which features in the Fortune
500 list of top Turkish firms, after the state said it would
manage or sell off firms linked to a religious movement it
blames for a failed coup, the Dogan News Agency said on Tuesday.
Read more
Ghana opposition woos voters with billon-dollar spending promise
SALAGA, Ghana, Sept 6 (Reuters) - The leader of Ghana's main
opposition party, Nana Akufo-Addo, climbed from his car, picked
up a microphone and made a bold election promise to give every
constituency the equivalent of $1 million a year if his party
wins power.
Read more
opposition party, Nana Akufo-Addo, climbed from his car, picked
up a microphone and made a bold election promise to give every
constituency the equivalent of $1 million a year if his party
wins power.
Read more
Monday, September 5, 2016
Canada tech players reap benefits as export picture brightens
TORONTO, Sept 6 (Reuters) - Smaller Canadian technology
companies making products like robotics, drones and high-tech
thermostats are proving to be some of the biggest winners as the
country's recently struggling non-commodity export sector shows
signs of revival.
Read more
companies making products like robotics, drones and high-tech
thermostats are proving to be some of the biggest winners as the
country's recently struggling non-commodity export sector shows
signs of revival.
Read more
Banks pump billions into deforestation-linked firms in Southeast Asia - study
JAKARTA, Sept 6 (Thomson Reuters Foundation) - Banks have
financed companies responsible for rainforest destruction in
Southeast Asia to the tune of billions of dollars, a study
showed Tuesday, and called on lenders to stop "fuelling forest
crime".
Read more
financed companies responsible for rainforest destruction in
Southeast Asia to the tune of billions of dollars, a study
showed Tuesday, and called on lenders to stop "fuelling forest
crime".
Read more
UPDATE 3-Bayer sweetens Monsanto bid as talks enter final stretch
Sept 5 (Reuters) - German pharmaceutical and crops
manufacturer Bayer AG said on Monday that its
negotiations with Monsanto Co had advanced, and that it
was now willing to offer more than $65 billion to acquire the
world's largest seeds company.
Read more
manufacturer Bayer AG said on Monday that its
negotiations with Monsanto Co had advanced, and that it
was now willing to offer more than $65 billion to acquire the
world's largest seeds company.
Read more
RPT-COLUMN-As Nyrstar hedges forward, should zinc bulls be worried? Andy Home
LONDON, Sept 5 (Reuters) - Zinc continues to glow red hot
amid the general gloom pervading the industrial metals sector.
Read more
amid the general gloom pervading the industrial metals sector.
Read more
Brazil judge orders JBS CEO and others to step away from companies
BRASILIA, Sept 5 (Reuters) - The Brazilian judge overseeing
a sweeping graft probe of state-run companies' pension funds
ordered on Monday that dozens of business leaders and financiers
under investigation step away from their corporate roles,
including the chief executive of the world's biggest beef
exporter JBS SA.
Read more
a sweeping graft probe of state-run companies' pension funds
ordered on Monday that dozens of business leaders and financiers
under investigation step away from their corporate roles,
including the chief executive of the world's biggest beef
exporter JBS SA.
Read more
Brazil bans third builder from government work for Petrobras bribes
BRASILIA, Sept 5 (Reuters) - Brazil on Monday banned IESA
Oil & Gas from government work for paying bribes, the
third construction and engineering company barred in the massive
graft and political kickbacks scandal involving contracts with
state oil company Petrobras.
Read more
Oil & Gas from government work for paying bribes, the
third construction and engineering company barred in the massive
graft and political kickbacks scandal involving contracts with
state oil company Petrobras.
Read more
UPDATE 1-Saudi Aramco-Motiva in lead to buy Lyondell's Houston refinery-sources
HOUSTON/NEW YORK, Sept 5 (Reuters) - Saudi Aramco
and its U.S. refining joint-venture Motiva
Enterprises lead the race to buy LyondellBasell
Industries Houston refinery, according to three sources
familiar with the matter.
Read more
and its U.S. refining joint-venture Motiva
Enterprises lead the race to buy LyondellBasell
Industries Houston refinery, according to three sources
familiar with the matter.
Read more
Tata applies to set aside DoCoMo court order on asset claims
NEW DELHI, Sept 5 (Reuters) - Tata Sons Ltd said on Monday
it had made an application to set aside an order obtained by NTT
DoCoMo from a London court that would allow the
Japanese company to lay claim to Tata's overseas assets to
settle a dispute over Tata Teleservices.
Read more
it had made an application to set aside an order obtained by NTT
DoCoMo from a London court that would allow the
Japanese company to lay claim to Tata's overseas assets to
settle a dispute over Tata Teleservices.
Read more
Taboos and ancient traditions help one community protect Kenya's forests
LAIKIPIA, Kenya, Sept 5 (Thomson Reuters Foundation) - Deep
within the Mukogodo forest in central Kenya, a community of
traditional hunter gatherers are working with the government to
help expand forests and crack down on illegal logging and
poaching using ancient conservation techniques.
Read more
within the Mukogodo forest in central Kenya, a community of
traditional hunter gatherers are working with the government to
help expand forests and crack down on illegal logging and
poaching using ancient conservation techniques.
Read more
UPDATE 1-Obama says countries must move in concert on tax avoidance
HANGZHOU, China, Sept 5 (Reuters) - U.S. President Barack
Obama said on Monday that the United States had to move in
concert with other countries on the issue of tax avoidance, as
some U.S. allies were "racing to the bottom" with their tax
policies.
Read more
Obama said on Monday that the United States had to move in
concert with other countries on the issue of tax avoidance, as
some U.S. allies were "racing to the bottom" with their tax
policies.
Read more
Sri Lankan stocks end lower; turnover slumps
COLOMBO, Sept 5 (Reuters) - Sri Lankan shares ended down on
Monday while turnover slumped to its lowest in six weeks as
investors stayed on the sidelines, stockbrokers said.
Read more
Monday while turnover slumped to its lowest in six weeks as
investors stayed on the sidelines, stockbrokers said.
Read more
UPDATE 1-G20 pledges to tackle global steel glut, quell China tensions
HANGZHOU, China Sept 5 (Reuters) - G20 leaders have pledged
to work together to address excess steel capacity that has
punished the global industry with low metal prices for years
while raising tensions between China and other major producers.
Read more
to work together to address excess steel capacity that has
punished the global industry with low metal prices for years
while raising tensions between China and other major producers.
Read more
Obama says needs to move in concert on tax avoidance issue
HANGZHOU, China, Sept 5 (Reuters) - U.S. President Barack
Obama said on Monday that the United States had to move in
concert with other countries on the tax avoidance issue.
Read more
Obama said on Monday that the United States had to move in
concert with other countries on the tax avoidance issue.
Read more
COLUMN-As Nyrstar hedges forward, should zinc bulls be worried? Andy Home
LONDON, Sept 5 (Reuters) - Zinc continues to glow red hot
amid the general gloom pervading the industrial metals sector.
Read more
amid the general gloom pervading the industrial metals sector.
Read more
Japan PM Abe calls for structural reforms to address steel overcapacity
HANGZHOU, China, Sept 5 (Reuters) - Japanese Prime Minister
Shinzo Abe told the G20 summit on Monday that the issue of steel
overcapacity should be addressed by pressing ahead with
structural reforms based on market mechanisms, a senior
Japanese government spokesman said.
Read more
Shinzo Abe told the G20 summit on Monday that the issue of steel
overcapacity should be addressed by pressing ahead with
structural reforms based on market mechanisms, a senior
Japanese government spokesman said.
Read more
Sri Lankan rupee edges up as dollar sales surpass importer demand
COLOMBO, Sept 5 (Reuters) - The Sri Lankan rupee was
marginally higher on Monday, supported by exporter dollar sales
and on lack of importer demand for the greenback, dealers said.
Read more
marginally higher on Monday, supported by exporter dollar sales
and on lack of importer demand for the greenback, dealers said.
Read more
Indonesia environment team threatened with death investigating haze
JAKARTA, Sept 5 (Reuters) - Dozens of Indonesian men,
suspected of being hired by an oil palm plantation company,
threatened to kill environmental investigators checking on fires
on Sumatra island, the environment ministry said.
Read more
suspected of being hired by an oil palm plantation company,
threatened to kill environmental investigators checking on fires
on Sumatra island, the environment ministry said.
Read more
Sunday, September 4, 2016
UPDATE 3-Siege of eastern Aleppo resumes as Syrian government re-takes army site
BEIRUT, Sept 4 (Reuters) - Syrian government forces and
their allies recaptured areas in southwestern Aleppo on Sunday
that rebels had seized last month and laid siege to the city's
opposition-held eastern sector for a second time since July,
rebels and monitors said.
Read more
their allies recaptured areas in southwestern Aleppo on Sunday
that rebels had seized last month and laid siege to the city's
opposition-held eastern sector for a second time since July,
rebels and monitors said.
Read more
China's Henan to close 62.5 mln T of coal capacity by 2018 -Xinhua
SHANGHAI, Sept 5 (Reuters) - Central China's Henan province
will cut annual coal capacity by 62.54 million tonnes and crude
steel by 2.4 million tonnes over the 2016-2018 period as part of
efforts to tackle nationwide supply gluts in the sectors, Xinhua
news agency reported.
Read more
will cut annual coal capacity by 62.54 million tonnes and crude
steel by 2.4 million tonnes over the 2016-2018 period as part of
efforts to tackle nationwide supply gluts in the sectors, Xinhua
news agency reported.
Read more
EU's Juncker says it is crucial for China to address overcapacity
HANGZHOU, China, Sept 4 (Reuters) - It is crucial for China
to set up a mechanism to address its problem of industrial
overcapacity, European Commission President Jean-Claude Juncker
said on Sunday, saying it was "unacceptable" that the European
steel industry had lost so many jobs in recent years.
Read more
to set up a mechanism to address its problem of industrial
overcapacity, European Commission President Jean-Claude Juncker
said on Sunday, saying it was "unacceptable" that the European
steel industry had lost so many jobs in recent years.
Read more
Saturday, September 3, 2016
Seaweed farming, a sudden slimy success, needs greener rules-UN
OSLO, Sept 4 (Reuters) - Seaweed farming needs tighter
regulation to limit damage to the environment after booming into
a $6.4 billion business with uses in everything from sushi to
toothpaste, a United Nations study showed on Sunday.
Read more
regulation to limit damage to the environment after booming into
a $6.4 billion business with uses in everything from sushi to
toothpaste, a United Nations study showed on Sunday.
Read more
UPDATE 1-India shelves plan to expand French submarine order after data breach
NEW DELHI, Sept 3 (Reuters) - India is unlikely to give
French naval contractor DCNS a proposed order for three new
submarines, in addition to the six it is already building in the
country, following the leak of secret data about its
capabilities, Indian defence officials said.
Read more
French naval contractor DCNS a proposed order for three new
submarines, in addition to the six it is already building in the
country, following the leak of secret data about its
capabilities, Indian defence officials said.
Read more
REFILE-Korean firm burns rainforest for palm oil in Indonesia, report says
JAKARTA, Sept 2 (Reuters) - A South Korean-owned company is
cutting down primary rainforests for timber and then setting
fires to clear the land to plant oil palm in apparent violation
of Indonesian law, according to an investigation by
environmental groups.
Read more
cutting down primary rainforests for timber and then setting
fires to clear the land to plant oil palm in apparent violation
of Indonesian law, according to an investigation by
environmental groups.
Read more
Friday, September 2, 2016
UPDATE 1-India shelves plan to expand French submarine order after data breach
NEW DELHI, Sept 2 (Reuters) - India is unlikely to give
French naval contractor DCNS a proposed order for three new
submarines, in addition to the six it is already building in the
country, following the leak of secret data about its
capabilities, Indian defence officials said.
Read more
French naval contractor DCNS a proposed order for three new
submarines, in addition to the six it is already building in the
country, following the leak of secret data about its
capabilities, Indian defence officials said.
Read more
Canada fertilizer merger faces easier approval at home than in U.S.
TORONTO/WASHINGTON, Sept 2 (Reuters) - Canada's Potash Corp
of Saskatchewan and Agrium Inc are more likely
to win approval for a potential merger in Canada than the United
States, but U.S. rejection of the deal would scuttle it
globally, competition lawyers said.
Read more
of Saskatchewan and Agrium Inc are more likely
to win approval for a potential merger in Canada than the United
States, but U.S. rejection of the deal would scuttle it
globally, competition lawyers said.
Read more
RPT-India shelves plan to expand French submarine order after data breach
NEW DELHI, Sept 2 (Reuters) - India is unlikely to give
French naval contractor DCNS a proposed order for three new
submarines, in addition to the six it is already building in the
country, following the leak of secret data about its
capabilities, Indian defence officials said.
Read more
French naval contractor DCNS a proposed order for three new
submarines, in addition to the six it is already building in the
country, following the leak of secret data about its
capabilities, Indian defence officials said.
Read more
UPDATE 1-Latam banana workers' claims over pesticide are revived in U.S.
Sept 2 (Reuters) - Hundreds of banana farmers from Central
America and South America will again have their day in court,
after a U.S. appeals court on Friday revived six lawsuits
accusing several big fruit and chemical companies of sickening
them with a toxic pesticide.
Read more
America and South America will again have their day in court,
after a U.S. appeals court on Friday revived six lawsuits
accusing several big fruit and chemical companies of sickening
them with a toxic pesticide.
Read more
India shelves plan to expand French submarine order after data breach
NEW DELHI, Sept 2 (Reuters) - India is unlikely to give
French naval contractor DCNS a proposed order for three new
submarines, in addition to the six it is already building in the
country, following the leak of secret data about its
capabilities, Indian defence officials said.
Read more
French naval contractor DCNS a proposed order for three new
submarines, in addition to the six it is already building in the
country, following the leak of secret data about its
capabilities, Indian defence officials said.
Read more
UPDATE 1-U.S. affirms duties on steel from Brazil, India, UK, South Korea
WASHINGTON, Sept 2 (Reuters) - The U.S. International Trade
Commission voted on Friday to lock in duties on imports of
cold-rolled steel flat products from Brazil, India, South Korea
and Britain but said imports from Russia were not injuring the
U.S. industry.
Read more
Commission voted on Friday to lock in duties on imports of
cold-rolled steel flat products from Brazil, India, South Korea
and Britain but said imports from Russia were not injuring the
U.S. industry.
Read more
Latam banana workers' claims over pesticide are revived in U.S.
Sept 2 (Reuters) - Hundreds of banana farmers from Central
America and South America will again have their day in court,
after a U.S. appeals court on Friday revived their lawsuits
accusing several companies of sickening them by using a toxic
pesticide.
Read more
America and South America will again have their day in court,
after a U.S. appeals court on Friday revived their lawsuits
accusing several companies of sickening them by using a toxic
pesticide.
Read more
U.S. affirms duties on steel from Brazil, India, Korea, Britain
WASHINGTON, Sept 2 (Reuters) - The U.S. International Trade
Commission voted on Friday to lock in duties on imports of
cold-rolled steel flat products from Brazil, India, Korea and
Britain, but said imports from Russia were not injuring the U.S.
industry.
Read more
Commission voted on Friday to lock in duties on imports of
cold-rolled steel flat products from Brazil, India, Korea and
Britain, but said imports from Russia were not injuring the U.S.
industry.
Read more
GLOBAL LNG-Prices slip as Nigeria shakes off output problems
MILAN, Sept 2 (Reuters) - Asian liquefied natural gas (LNG)
prices fell in a slow week as traders awaited the outcome of two
tenders and Argentina turned away shipments due to mild weather
curbing demand.
Read more
prices fell in a slow week as traders awaited the outcome of two
tenders and Argentina turned away shipments due to mild weather
curbing demand.
Read more
Canada July trade deficit shrinks as non-energy sector shines
OTTAWA, Sept 2 (Reuters) - Canada's trade deficit in July
unexpectedly shrank on stronger non-energy exports, a sector the
Bank of Canada says is crucial to helping revive an economy hit
by low oil prices.
Read more
unexpectedly shrank on stronger non-energy exports, a sector the
Bank of Canada says is crucial to helping revive an economy hit
by low oil prices.
Read more
Interim waste water report prolongs uncertainty for K+S
FRANKFURT, Sept 2 (Reuters) - The interim results of a
German environmental regulator's probe into waste water
discharge by K+S will keep the potash mining company
in limbo, with hundreds of thousands of tonnes of potential
potash production at risk.
Read more
German environmental regulator's probe into waste water
discharge by K+S will keep the potash mining company
in limbo, with hundreds of thousands of tonnes of potential
potash production at risk.
Read more
Sri Lankan rupee posts marginal gains on remittances
COLOMBO, Sept 2 (Reuters) - The Sri Lankan rupee ended
marginally higher on Friday as inward remittances surpassed
importer dollar demand, dealers said.
Read more
marginally higher on Friday as inward remittances surpassed
importer dollar demand, dealers said.
Read more
UPDATE 1-Canadian Q2 labor productivity drops 0.3 pct, hit by wildfires
OTTAWA, Sept 2 (Reuters) - The labor productivity of
Canadian businesses in the second quarter of 2016 fell by 0.3
percent, reflecting the damage caused by a major wildfire in
Alberta, Statistics Canada said on Friday.
Read more
Canadian businesses in the second quarter of 2016 fell by 0.3
percent, reflecting the damage caused by a major wildfire in
Alberta, Statistics Canada said on Friday.
Read more
INSIGHT-U.S. fights Zika mosquitoes with limited arsenal
Sept 2 (Reuters) - Over Wynwood, the Miami neighborhood where Zika gained a foothold in the continental United States, low flying planes have been spraying naled, a tightly controlled pesticide often used as a last resort. It appears to be working, killing at least 90 percent of the target mosquitoes.
Read more
Read more
Caterpillar says it may lay off 2,000 workers at Belgium plant
Sept 2 (Reuters) - Heavy machinery maker Caterpillar Inc
said it could lay off about 2,000 employees at a plant
in Belgium, as it considers shifting production to other
facilities as part of a restructuring program announced last
year.
Read more
said it could lay off about 2,000 employees at a plant
in Belgium, as it considers shifting production to other
facilities as part of a restructuring program announced last
year.
Read more
Korean firm burns rainforest for palm oil in Indonesia, report says
JAKARTA, Sept 2 (Reuters) - A South Korean-owned company is
cutting down primary rainforests for timber and then setting
fires to clear the land to plant oil palm in apparent violation
of Indonesian law, according to an investigation by
environmental groups.
Read more
cutting down primary rainforests for timber and then setting
fires to clear the land to plant oil palm in apparent violation
of Indonesian law, according to an investigation by
environmental groups.
Read more
Russia's Polyus considering placing GDRs in London says CEO
VLADIVOSTOK, Russia, Sept 2 (Reuters) - Russia's largest
gold producer Polyus is considering placing global
depository receipts (GDRs) in London in the future, its chief
executive said on Friday, less then a year after it left the
London market.
Read more
gold producer Polyus is considering placing global
depository receipts (GDRs) in London in the future, its chief
executive said on Friday, less then a year after it left the
London market.
Read more
China leverage ratio will continue to rise in short term -vice c.bank gov
BEIJING, Sept 2 (Reuters) - Yi Gang, a People's Bank of
China deputy governor, said on Friday that China needs to
stabilise the leverage ratio in the economy, though he noted use
of debt capital is likely to increase in the short term.
Read more
China deputy governor, said on Friday that China needs to
stabilise the leverage ratio in the economy, though he noted use
of debt capital is likely to increase in the short term.
Read more
Sri Lankan rupee steady, remittances offset importer dlr demand
COLOMBO, Sept 2 (Reuters) - The Sri Lankan rupee traded
steady on Friday as dollar sales by banks from inward
remittances offset importer dollar demand, dealers said.
Read more
steady on Friday as dollar sales by banks from inward
remittances offset importer dollar demand, dealers said.
Read more
INSIGHT-U.S. fights Zika mosquitoes with limited arsenal
Sept 2 (Reuters) - Over Wynwood, the Miami neighborhood where Zika gained a foothold in the continental United States, low flying planes have been spraying naled, a tightly controlled pesticide often used as a last resort. It appears to be working, killing at least 90 percent of the target mosquitoes.
Read more
Read more
Thursday, September 1, 2016
In China's electric car boom, global automakers select different gear
TIANJIN, China, Sept 2 (Reuters) - By 2020, Beijing says
automakers must meet tough new green standards to cut epic
pollution in China's cities. As domestic firms bet heavily on
electric cars to meet that goal, foreign peers are set to stay
in a different, petrol-driven gear.
Read more
automakers must meet tough new green standards to cut epic
pollution in China's cities. As domestic firms bet heavily on
electric cars to meet that goal, foreign peers are set to stay
in a different, petrol-driven gear.
Read more
UPDATE 1-Liberian parliament speaker steps down after Sable Mining indictment
MONROVIA, Sept 1 (Reuters) - Liberia's parliament speaker
said on Thursday that he is stepping down to face bribery
charges in a case involving London AIM-listed Sable Mining's
attempted acquisition of an iron ore concession in the
north of the country.
Read more
said on Thursday that he is stepping down to face bribery
charges in a case involving London AIM-listed Sable Mining's
attempted acquisition of an iron ore concession in the
north of the country.
Read more
UPDATE 1-Bolivia announces mining crackdown after murder of gov't official
LA PAZ/SANTIAGO, Sept 1 (Reuters) - Bolivia responded to
last week's murder of a government official by announcing a
crackdown on mining cooperatives on Thursday, saying it would
return contracts signed between them and private companies to
state control.
Read more
last week's murder of a government official by announcing a
crackdown on mining cooperatives on Thursday, saying it would
return contracts signed between them and private companies to
state control.
Read more
Liberian parliament speaker steps down after Sable Mining indictment
MONROVIA, Sept 1 (Reuters) - Liberia's parliament speaker
said on Thursday that he is stepping down to face bribery
charges in a case involving London AIM-listed Sable Mining's
attempted acquisition of an iron ore concession in the
north of the country.
Read more
said on Thursday that he is stepping down to face bribery
charges in a case involving London AIM-listed Sable Mining's
attempted acquisition of an iron ore concession in the
north of the country.
Read more
Argentina seeks to unify regulations to spur mining investments
BUENOS AIRES, Sept 1 (Reuters) - The Argentine government
wants to unify mining regulations under a proposed federal law
that would permit open-pit mines to operate throughout the
country as part of an effort to jump-start investment in the
sector, a government official said.
Read more
wants to unify mining regulations under a proposed federal law
that would permit open-pit mines to operate throughout the
country as part of an effort to jump-start investment in the
sector, a government official said.
Read more
U.S. says American Air Liquide Holdings can sell some assets to Matheson Tri-Gas
WASHINGTON, Sept 1 (Reuters) - U.S. regulators on Thursday
said they have approved American Air Liquide Holdings' bid to
sell some of its assets to Matheson Tri-Gas in order to settle
charges that its recent merger with Airgas Inc would have harmed
industrial gas competition.
Read more
said they have approved American Air Liquide Holdings' bid to
sell some of its assets to Matheson Tri-Gas in order to settle
charges that its recent merger with Airgas Inc would have harmed
industrial gas competition.
Read more
Bolivia announces mining crackdown after murder of govt official
LA PAZ, Sept 1 (Reuters) - Bolivia on Thursday announced a
crackdown on the operations of mining co-operatives, a week
after the murder of a government official who had attempted
dialogue with protesting miners.
Read more
crackdown on the operations of mining co-operatives, a week
after the murder of a government official who had attempted
dialogue with protesting miners.
Read more
UPDATE 1-Thyssenkrupp seeks to ease dispute with steel workers
* Labour wants to debate consolidation, restructuring
(Adds Thyssenkrupp statement, further details)
Read more
(Adds Thyssenkrupp statement, further details)
Read more
CANADA STOCKS-TSX rises modestly with gold miners; oil weighs
TORONTO, Sept 1 (Reuters) - Canada's main stock index moved
slightly higher on Thursday as gold miners bucked bullion's fall
after an August sell-off and investors cheered the expansion of
Tim Hortons into Britain.
Read more
slightly higher on Thursday as gold miners bucked bullion's fall
after an August sell-off and investors cheered the expansion of
Tim Hortons into Britain.
Read more
COLUMN-Have rumours of the iron ore market's death been greatly exaggerated? Andy Home
LONDON, Sept 1 (Reuters) - Rumours of the death of the iron
ore market appear to have been greatly exaggerated.
Read more
ore market appear to have been greatly exaggerated.
Read more
Britain's FTSE rises as housebuilders, miners rally
LONDON, Sept 1 (Reuters) - UK shares rose on Thursday,
starting September in positive territory as housebuilders
rallied and mining stocks rose on recovering metals prices.
Read more
starting September in positive territory as housebuilders
rallied and mining stocks rose on recovering metals prices.
Read more
Thyssenkrupp management agrees to discuss restructuring with workers
DUESSELDORF, Germany, Sept 1 (Reuters) - Thyssenkrupp
managers have agreed to discuss potential
restructuring measures including whether cost cuts, site
closures and other measures are necessary at the industrial
group's European steel business, a labour boss said.
Read more
managers have agreed to discuss potential
restructuring measures including whether cost cuts, site
closures and other measures are necessary at the industrial
group's European steel business, a labour boss said.
Read more
Sri Lankan rupee firmer on bank dollar sales; stocks edge up
COLOMBO, Sept 1 (Reuters) - The Sri Lankan rupee traded
firmer on Thursday as dollar sales by banks on behalf of foreign
investors to buy government securities surpassed the importer
dollar demand, dealers said.
Read more
firmer on Thursday as dollar sales by banks on behalf of foreign
investors to buy government securities surpassed the importer
dollar demand, dealers said.
Read more
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