Thursday, February 2, 2017
UPDATE 1-In Congo, Tshisekedi's death undermines chances of 2017 transition
Congo's opposition leader Etienne Tshisekedi leaves opponents of
President Joseph Kabila seriously weakened in their bid to force
Kabila to quit power after he defied constitutional term limits
to stay on last year.
Read more
UPDATE 1-EU set to approve ChemChina's $43 bln bid for Syngenta - sources
secure conditional EU antitrust approval for its $43 billion bid
for Swiss pesticides and seeds group Syngenta, the
largest foreign acquisition by a Chinese company, two people
familiar with the matter said on Thursday.
Read more
Congolese police fire tear gas at protesters in Kinshasa
on Thursday at more than 100 anti-government protesters gathered
near the home of late opposition leader Etienne Tshisekedi in
the capital Kinshasa, a Reuters witness said.
Read more
Brazil top court picks newest member to head corruption probes
newest member on Thursday to take over the investigation of
politicians implicated in Brazil's biggest graft scandal, which
is expected to shake the country's establishment and its
government.
Read more
Sri Lankan shares edge up as investors buy battered blue chips
higher on Thursday, snapping two straight sessions of falls, as
investors picked up battered blue chips while net foreign buying
also boosted sentiment.
Read more
COLUMN-Another year, another lead squeeze, but is this one different? Andy Home
performer among the major base metals traded on the London Metal
Exchange (LME).
Read more
Britain's FTSE flat as sterling strength outweighs M&A and strong miners
index was flat on Thursday, as a strong sterling offset
gains by consumer products group Reckitt Benckiser
related to a potential acquisition, as well as strong energy and
mining sectors.
Read more
UPDATE 1-Russia's Severstal beats forecasts with 32 pct jump in quarterly earnings
Russia's largest steelmakers, said on Thursday its
fourth-quarter core earnings jumped 32 percent from a year
earlier to $528 million, benefiting from a rebound in steel
prices and an improving domestic economy.
Read more
British construction grows more slowly, costs soar - PMI
grew last month at the weakest rate since August against a
backdrop of rocketing costs linked to the Brexit vote, but
builders were more upbeat about the year ahead, an industry
survey showed on Thursday.
Read more
UPDATE 1-Glencore sticks with 2017 production targets
target for broadly higher output in 2017 on Thursday after
reporting falls in copper and zinc which led overall production
lower last year.
Read more
Glencore sticks with 2017 production targets
Glencore's full-year output was in line with target, it
said on Thursday, and reiterated its 2017 guidance.
Read more
Wednesday, February 1, 2017
UPDATE 1-Philippines to shut mines, suspend others as clampdown deepens
over 20 mines, mostly nickel producers that account for about
half of output in the world's biggest nickel ore supplier, as a
government campaign to fight environmental degradation deepens.
Read more
After 16 attempts, a cheaper method for carbon capture at work in India
the prestigious Indian Institute of Technology in Kharagpur in
eastern India, Aniruddha Sharma and Prateek Bumb had one
obsession: finding a cheaper, more efficient way to capture
carbon emissions to combat climate change.
Read more
NEWSMAKER-Congo's Tshisekedi leaves legacy of democratic struggle, unfulfilled promise
black-and-white photograph of Etienne Tshisekedi in the
reception hall of the prime minister's offices in Democratic
Republic of Congo's capital, Kinshasa, testify to a fraught and
complicated relationship with power.
Read more
UPDATE 4-Congo's main opposition leader, Etienne Tshisekedi, dies at 84
veteran opposition leader, Etienne Tshisekedi, has died in
Brussels aged 84, his party said on Wednesday.
Read more
Ending years of cuts, miners are exploring again - cautiously
squeezing existing mines, global mining giants are again
scouting for new deposits: industry analysts say 2017 will see
the first increase in spending on exploration in five years.
Read more
CANADA STOCKS-TSX rises with resources stocks, Cameco slumps
slightly higher on Wednesday, boosted by gains for some miners
and energy companies, while a scrapped contract to supply
uranium pushed Cameco Corp down 11.3 percent.
Read more
Congo's main opposition leader, Etienne Tshisekedi, dies -diplomatic sources
Etienne Tshisekedi, one of the country's most important
advocates of democracy, has died in Brussels aged 84, diplomatic
sources said on Wednesday.
Read more
UPDATE 2-Voestalpine says acted legally in communicating Texas plant costs
(Adds comment by financial watchdog, details, background)
Read more
Forestry firm UPM says eyeing next biofuel investment
UPM-Kymmene is planning its next step in wood-based
renewable fuel products after a successful ramp-up at its
initial biofuels plant, the head of UPM's biofuels business said
on Wednesday.
Read more
UPDATE 1-Arconic digs in heels against Elliott as proxy fight begins
Executive Officer Klaus Kleinfeld, under pressure from hedge
fund Elliott Management, on Wednesday defended the metal maker's
performance since spinning off from aluminum producer Alcoa Corp
.
Read more
WRAPUP 1-U.S. factory activity hits two-year high; private payrolls surge
accelerated to more than a two-year high in January amid
sustained increases in new orders and raw material costs,
pointing to a recovery in manufacturing as domestic demand
strengthens and the drag from low oil prices ebbs.
Read more
Ukraine's steel output rises 8.5 pct in Jan
percent year-on-year in January to 2.1 million tonnes, local
specialised news agency Uaprom said on Wednesday.
Read more
CANADA STOCKS-TSX rises early as oil boosts energy stocks; Cameco slumps
early on Wednesday as energy stocks jumped with higher oil
prices, while uranium producer Cameco Corp sank after
saying its contract to supply the operator of Japan's wrecked
Fukushima nuclear plant had been scrapped.
Read more
FEATURE-Green startups sprout on shores of polluted Russian lake
Klimentyev, an eco-entrepreneur in eastern Russia's Irkutsk
region, produces camelina oil, used in cooking, and sells it to
supermarkets as part of a co-operative also supplying herbal
teas and jams made from wild forest fruits.
Read more
Tepco scraps uranium supply contract with Canada's Cameco
said on Wednesday that Tokyo Electric Power (Tepco)
, the operator of Japan's wrecked Fukushima nuclear
plant, had scrapped its uranium supply contract with the
company.
Read more
Royal Mint bullion coin sales surge on wave of political turmoil
miles to the northwest of Cardiff, the Royal Mint is running its
machines through the night to keep up with demand for one of the
big beneficiaries of the last year's political turmoil - gold
and silver bullion.
Read more
RPT-COLUMN-China iron ore imports off to strong start; support rally: Russell
fundamental justification for the strong start to 2017 for iron
ore prices, with imports by top buyer China remaining robust and
showing no signs of easing.
Read more
Japan's Kansai Electric cancels plans to switch oil-fired power station to coal
cancelled plans to switch a 1,200 megawatt oil-fired power
station to coal as demand for electricity fell amid a push to
cut the country's emissions after it signed up to a global
climate change accord.
Read more
UPDATE 1-Investor Standard Life seeks change at Sports Direct, Volkswagen
fund arm of insurer Standard Life, has concerns about
governance at Sports Direct and Volkswagen
and will press for more change at the companies, it said in its
annual governance report on Wednesday.
Read more
RPT-UK corporate pensions headache could worsen in 2017
adjust capital or cut dividends to fill growing holes in final
salary pension schemes this year.
Read more
Flowering compost urinals adorn smelly corner of Paris
miniature gardens have been installed at a notoriously smelly
site in Paris - behind the Gare de Lyon station in the east of
the French capital.
Read more
Tuesday, January 31, 2017
COLUMN-China iron ore imports off to strong start; support rally: Russell
fundamental justification for the strong start to 2017 for iron
ore prices, with imports by top buyer China remaining robust and
showing no signs of easing.
Read more
UPDATE 2-Chilean workers vote to strike at world no.1 copper mine
Escondida mine in Chile, the world's biggest
copper mine, have voted to reject a company wage offer and go on
strike, the union told Reuters in the early hours of Wednesday.
Read more
UPDATE 1-Elliott nominates 5 directors in Arconic proxy fight
proxy fight against metals maker Arconic Inc.
nominating five directors on Tuesday to serve on the company's
board.
Read more
Philippine minister says some mines need to be shut on eve of green audit results
shut given the environmental harm they have caused, the minister
in charge of sector said on Wednesday, a day before the
government announces the results of a months-long review of the
country's mineral producers.
Read more
Elliott nominates 5 directors in proxy fight aimed at Arconic
a proxy fight from its largest shareholder after Elliott
Management on Tuesday nominated five directors to serve on the
company's board.
Read more
UPDATE 2-Elliott starts proxy fight with Arconic as it posts Q4 loss
Management Corp on Tuesday launched a proxy fight against
Arconic Inc, which makes engineered metal parts for the
aerospace, automotive and other industries, campaigning for the
ouster of the company's chief executive and saying it had a plan
to boost the company's performance.
Read more
UPDATE 1-Brazil court upholds decision blocking Petrobras plan for fuels unit
rejected an appeal by state-run oil firm Petrobras and upheld a
decision blocking the company's plan to sell a stake in fuel
distribution unit BR Distribuidora, according to a court
document seen by Reuters on Tuesday.
Read more
Anadarko posts smaller quarterly loss
Corp reported a smaller fourth-quarter loss than a year
ago, when it recorded one-time charges totaling $954 million.
Read more
Two dead at Hochschild gold and silver mine in Peru -police
caved in at Hochschild Mining Plc's Inmaculada gold and
silver mine in southern Peru on Tuesday, a police chief said on
local broadcaster RPP.
Read more
REFILE-Gold becomes one of investors' favorite safe havens with Trump uncertainty
fund managers have taken a contrarian bet on gold, wagering that
U.S. President Donald Trump's governing style and upcoming
elections in Europe will combine to create more stock market
volatility and boost the prices of a metal long seen as a safe
haven.
Read more
European shares end January lower as Trump rally fades
STOXX Europe 600 index ends month down 0.4 pct
Read more
UK corporate pensions headache could worsen in 2017
adjust capital or cut dividends to fill growing holes in final
salary pension schemes this year.
Read more
UPDATE 1-Ecobat, two other lead recylers face EU antitrust fines - sources
the world's biggest lead recycler, Belgian rival Campine
and France's Recylex are set to be fined by EU
antitrust regulators next month for taking part in a cartel, two
people familiar with the matter said on Tuesday.
Read more
UPDATE 1-Congo says M23 fighters captured downed air crew
said armed fighters belonging to the former M23 rebel group had
captured four crew members of a military helicopter which
crashed in eastern Democratic Republic of Congo last week, and
that three died after being tortured.
Read more
Grammer says Hastor demand for board reshuffle is "not comprehensible"
maker Grammer rebuffed efforts by Bosnia's Hastor
family, a minority shareholder, to replace nearly half of its
supervisory board, saying the demand was "completely unexpected
and not comprehensible".
Read more
Global ag tech startup investments drop 30 pct in 2016 -study
agriculture technology startups fell 30 percent in 2016 as
investor interest in companies offering drones and
satellite-guided farm machines cooled following the biggest
capital inflow ever a year earlier, according to a study
released on Tuesday.
Read more
Steelmaker Nucor's quarterly revenue rises 14.5 pct
14.5 percent rise in quarterly revenue on Tuesday, as its steel
mill shipments increased.
Read more
Sri Lankan shares fall on foreign selling amid political uncertainties
Tuesday to end near a 10-month low as foreign investors sold
equities amid political instability and on worries of further
interest rate hikes, brokers said.
Read more
European shares set for 3rd month of gains, Ocado soars
third straight month of gains on Tuesday, underpinned by a rally
in British online supermarket Ocado and Swedish engineer Alfa
Laval after encouraging earnings updates.
Read more
UPDATE 1-Zimplats says Zimbabwe in fresh bid to seize its mining claims
fresh attempt to seize more than half of platinum producer
Zimplats' mining land, the company said on Tuesday.
Read more
Brazil's Petrobras says judge orders suspension of Suape and Citepe sale
Petroleo Brasileiro SA said on Tuesday a judge had
ordered the suspension of the sale of petrochemical companies
Suape and Citepe.
Read more
Lisin's Freight One bids for Russian Railways stake in Transcontainer - Ifax
freight rail operator and part of Vladimir Lisin's UCL Holding,
has submitted an official bid for a stake in Transcontainer
, Freight One board member Alexander Sapronov was
quoted as saying by Interfax on Tuesday.
Read more
European shares set for 3rd month of gains, Ocado soars
Tuesday and headed for their third straight month of gains, with
a rally in firms such as British online supermarket Ocado and
Swedish engineer Alfa Laval after their encouraging earnings
updates supporting the market.
Read more
European shares steady, Ocado rally offsets UPM losses
trading on Tuesday as a rally in companies such as British
online supermarket Ocado on strong results was offset
by weaker firms like UPM-Kymmene and Givaudan following their
updates.
Read more
RPT-UPDATE 1-Japan's JFE says plans for Mexico steel plant on track, but Trump in focus
Holdings on Tuesday said it was on track to build a
steel plant in Mexico with U.S. company Nucor, although
it is closely watching U.S. policy after President Donald Trump
threatened to tear up a regional trade pact.
Read more
South Africa's Richards Bay 2016 coal exports fall 3.7 percent
Africa's Richards Bay Coal Terminal (RBCT) said on Tuesday 2016
coal exports fell 3.7 percent to 72.6 million tonnes, despite
strong demand from India and Pakistan.
Read more
UPDATE 1-Japan's JFE says plans for Mexico steel plant on track, but Trump in focus
(Recasts on plans for Mexico plant, adds profit forecast)
Read more
Monday, January 30, 2017
Sparks fly as culprit sought for Chile blazes
the historic blazes that have taken 11 lives, burned over 1,000
homes and wiped an entire town off the map, the theories about
who may be to blame have spread as quickly as the wildfires
themselves.
Read more
Australia's Iluka says expects 2016 loss after impairments
said on Tuesday it expects top show a net loss of A$220-A230
million ($166 -$173 million) for 2016 as it refocuses on
operations in Sierra Leone and writes off non-operating assets,
mainly in Australia.
Read more
UPDATE 1- Republicans take first steps to kill five Obama-era regulations
began the process of killing five Obama-era rules on corruption,
the environment, labor and guns under the first real test of the
Congressional Review Act, a law intended to keep regulation in
check.
Read more
House Republicans prepare to kill five Obama-era regulations
Monday to begin the process of killing five Obama-era rules on
corruption, the environment, labor and guns under the first real
test of a law intended to keep regulation in check.
Read more
UPDATE 1-Investors urge Arconic to oust CEO Klaus Kleinfeld - WSJ
shareholders are pressing the company to remove Chief Executive
Klaus Kleinfeld, the Wall Street Journal reported on Monday,
citing people familiar with the matter.
Read more
European shares slip on weaker commodities, M&A optimism limits losses
(ADVISORY- Follow European and UK stock markets in real time on
the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets)
Adds details, updates prices)
Read more
German packaging group Mauser targets $319 mln New York listing
aims to raise up to $319 million from a stock market
listing in New York, the company said in a regulatory filing on
Monday.
Read more
UPDATE 1-Russia appeals to WTO over EU duties on Russian steel
Trade Organisation on Monday to settle a dispute with the
European Union over anti-dumping duties imposed on its
steelmakers, one of a number of trade disputes between the two.
Read more
UPDATE 1-Ex-tycoon Batista held on return to Brazil on graft charges-report
Brazil's richest man, flew into Rio de Janeiro on Monday and was
detained by federal police in connection with charges including
an alleged $16 million bribe to a former governor, Globo news
television reported.
Read more
India to explore mining potential with massive aerial survey
aero geophysical survey of minerals next month to unearth
deep-seated resources such as gold and copper, as it seeks to
develop its mining industry and reduce its dependence on
imports.
Read more
Russia appeals to WTO over EU duties on Russian steel
appealing to the World Trade Organisation to settle a dispute
with the European Union over anti-dumping duties imposed on its
steelmakers.
Read more
RPT-COLUMN-India cedes top coal importer spot back to China as growth trend stalls: Russell
surrendered its status as the world's top importer of coal back
to China, with its overseas purchases in 2016 falling to less
than 200 million tonnes.
Read more
Sri Lankan shares close slightly higher in dull trade
marginally higher on Monday in lacklustre trading as
bargain-hunting investors picked up battered shares, but
political instability and a rise in interest rates capped gains,
brokers said.
Read more
Chinese battery maker CATL buys stake in Finnish car supplier
Contemporary Amperex Technology Limited (CATL) has bought a 22
percent stake in Finnish auto supplier Valmet Automotive to
expand in the European electric car market.
Read more
Brazil Supreme Court approves Odebrecht graft plea deal testimony
Supreme Court, Carmen Lucia Rocha, has approved plea bargain
statements by 77 executives of engineering conglomerate
Odebrecht, who are being investigated for paying
bribes in the country's biggest graft scandal, the court said on
Monday.
Read more
UPDATE 1-Gold miner Randgold says talking to Tongon mine employees to end sit-in
said it was in talks with some of its employees to end their
illegal sit-in at its Tongon mine in Ivory Coast over demands to
make some additional annual payments.
Read more
Gold miner Randgold says talking to Tongon mine employees to end sit-in
said it is negotiating with some of its employees to end their
illegal sit-in at its Tongon mine in Ivory Coast demanding
annual ex-gratia payments.
Read more
Sudan calls Trump ban unfortunate in light of sanctions progress
Trump's decision to ban entry of its citizens "very unfortunate"
in light of "historic steps" taken just weeks earlier to lift
sanctions for cooperation on combating terrorism, its foreign
ministry said on Saturday.
Read more
COLUMN-India cedes top coal importer spot back to China as growth trend stalls: Russell
surrendered its status as the world's top importer of coal back
to China, with its overseas purchases in 2016 falling to less
than 200 million tonnes.
Read more
Saturday, January 28, 2017
Braskem buys Odebrecht stake in Brazil environmental services firm Cetrel
company Braskem SA agreed to buy a controlling stake
in environmental services company Cetrel SA for 610 million
reais ($194 million) from Odebrecht Utilities SA, Braskem said
on Friday in a securities filing.
Read more
Council of Europe to investigate bribery allegations
to investigate possible corruption in its assembly in response
to reports that Azerbaijani members had bribed others to
influence votes on human rights there.
Read more
Swedish ex-finance minister and tycoon named suspects in bribery case
Sweden's most powerful tycoons, and former finance minister
Anders Borg have been questioned by prosecutors as suspects in a
bribery probe.
Read more
Friday, January 27, 2017
New "green" fertilizer could contribute to food revolution - scientists
fertiliser could help farmers to save money, boost food
production and reduce planet-warming emissions, scientists have
found after trialling it on rice farms in Sri Lanka.
Read more
(EN) SteamBroker
What is "SteamBroker"?
SteamBroker service provides marketplace to trade items from digital distribution platform Steam™. Using our marketplace you can buy goods from other users or sell any items from your inventory yourself, which can be exchanged with Steam™ trade offers. For example, items from such games as Dota 2™, Counter Strike: Global Offensive™ (CS:GO), Team Fortress™, Unturned™ and so on. Also it's possible to buy and sell Steam Trading Cards and any games, presented as a Steam gifts if you already can exchange it. You will pay a price set by other users for it, so will guarantee you lowest possible prices. You can even get discounts in case of constant use of our service.
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Сервис SteamBroker предоставляет площадку для торговли вещами из сервиса цифровой дистрибуции Steam. На нашей площадке вы можете купить у других пользователей или продать сами любые предметы из Вашего инвентаря, которые возможно передать через торговое предложение Steam. Например, вещи из таких игр как Dota™ 2, Counter Strike: Global Offensive™ (CS:GO), Team Fortress™ 2, H1Z1 и прочих. А так же возможна продажа коллекционных карточек Steam и даже игр, в виде подарков в инвентаре, которые так же возможно передавать. Вы можете купить вещи за ту цену, которую указывают другие пользователи, что гарантирует отличные цены без лишних наценок.
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Steam-trader.com - Trade platform Dota2, CS:GO, TF2, Gifts.
It is a unique traiding platform, allowing you to buy and sell cosmetic items of Dota 2, CS:GO, Team Fortress2 or Games (Gifts) for real money, at the best prices! Trading platform consists of four sections, which are interlinked by a shared wallet that will allow you to sell things in one section and buy them in another. Deposit and withdrawal funds available with the help of multiple payment systems. Earn - resting! Successful auction!
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Kernel ends Ukraine bond drought, but don't expect issuance rush
Kernel ended Ukraine's corporate bond issuance drought this week
with a $500 million deal. But other firms are unlikely to
receive such a warm welcome from investors due to high debts, a
secessionist war and a frail economy.
Read more
New "green" fertilizer could contribute to food revolution - scientists
fertiliser could help farmers to save money, boost food
production and reduce planet-warming emissions, scientists have
found after trialling it on rice farms in Sri Lanka.
Read more
Kernel ends Ukraine bond drought, but don't expect issuance rush
Kernel ended Ukraine's corporate bond issuance drought this week
with a $500 million deal. But other firms are unlikely to
receive such a warm welcome from investors due to high debts, a
secessionist war and a frail economy.
Read more
Prospects brighten for Russian steelmakers as economy improves
expecting 2017 to be a better year for the industry as the
national economy improves, thanks to firmer oil prices, and
higher steel prices support profits.
Read more
Russia's Phosagro sees global fertiliser market rebalancing
set to rebalance as China reduces exports after flooding the
market in the past few years, said the head of Phosagro, the
Russian fertiliser giant.
Read more
Sri Lankan shares end higher; investors pick diversified stocks
on Friday, moving further away from a near 10-month low, as
investors picked up beaten down shares, including beverages and
diversified counters.
Read more
Thursday, January 26, 2017
Amid rising bilateral tensions, Mexico mogul Slim calls news conference
who was attacked by President Donald Trump during his election
campaign but who later met with the U.S. leader in Florida, on
Thursday called a press conference for Friday amid growing
tensions between the two nations.
Read more
RPT-UPDATE 2-Malaysia's Petronas says RAPID project remains on track after Aramco's snub
Petroliam Nasional Berhad (Petronas) is pushing ahead with plans
to start operations in 2019 at a large refining and
petrochemical complex in the southeast of the country despite
Saudi Aramco ditching plans for a joint venture.
Read more
UPDATE 2-Malaysia's Petronas says RAPID project remains on track after Aramco's snub
Petroliam Nasional Berhad (Petronas) is pushing ahead with plans
to start operations in 2019 at a large refining and
petrochemical complex in the southeast of the country despite
Saudi Aramco ditching plans for a joint venture.
Read more
UPDATE 1-Canada set as jurisdiction for Guatemalan suit against Tahoe Resources -court
Thursday that a lawsuit against Tahoe Resources Inc
filed by Guatemalan men who claim to have been shot by the
miner's private security guards can proceed in British Columbia,
according to a copy of the judgment seen by Reuters.
Read more
UPDATE 3-U.S. SEC charges two former Och-Ziff executives in bribery case
regulators on Thursday accused two former executives at hedge
fund Och-Ziff Capital Management Group of masterminding
a far-reaching scheme to pay tens of millions of dollars in
bribes to African officials.
Read more
Court sets Canada as jurisdiction for Guatemalan suit against Tahoe
Thursday that a lawsuit against Tahoe Resources Inc by
Guatemalan men claiming they were shot by the miner's private
security guards can proceed in British Columbia, according to a
copy of the judgment seen by Reuters.
Read more
UPDATE 5-Brazil police seek former billionaire Batista in graft probe
(Adds statements from Batista representatives, OSX, MMX)
Read more
U.S. judge approves Braskem $633 mln fine in record corruption case
sentenced the Brazilian petrochemical company Braskem SA
to pay a $632.6 million criminal fine, in connection
with a corruption case that led to the largest foreign bribery
settlement in U.S. history.
Read more
Brazil plans flexible iron ore royalty rate of 2-4 pct -report
introduce a bill to set a flexible royalty rate for iron ore
that would be between 2 percent and 4 percent depending on
international prices for the steelmaking raw material, Broadcast
reported on Thursday.
Read more
Geely's Lynk plans 2019 U.S., Europe car launch, eyes Trump tax
Automobile Holdings Ltd, the owner of Volvo cars,
plans to roll out its mid-priced Lynk & Co brand in the United
States and Europe in early 2019, but cautioned those plans could
change if U.S. President Donald Trump imposes a border tax on
imported vehicles, a senior company executive told Reuters.
Read more
Tata must fix pension deficits before any deal - Thyssenkrupp CEO
first resolve the pension deficit at its British and Dutch
operations, before any merger of its steel operations with
Thyssenkrupp, the German company's chief executive
told a German newspaper.
Read more
Tata Steel UK's pensions trustee expects 1-2 bln pound deficit
pension scheme is set to tell its members it expects
to report a scheme deficit of between 1 billion and 2 billion
pounds at its next actuarial valuation at end-March.
Read more
UPDATE 1-Potash Corp posts lower-than-expected profit, shares fall
reported a lower-than-expected quarterly profit, hurt by
weak prices, but said it expected potash sales volumes to rise
in 2017.
Read more
Vietnam punishes four officials over Formosa environmental disaster
punish four officials over one of its worst environmental
disasters, caused by a unit of Taiwan conglomerate Formosa
Plastics, in the first action against government
officials ten months after the accident.
Read more
Indian film heroes tackle land rights, champion underdog
company. Corrupt government officials. A heroic defender of
farmers emerging victorious from a fight over land.
Read more
UPDATE 1-Dow Chemical profit beats estimates as consumer focus pays off
reported a better-than-expected quarterly adjusted
profit, helped by its focus on consumer markets such as
agriculture and automotive, and a move to take full control of
its Dow Corning venture.
Read more
Auspicious brush strokes to usher in Lunar New Year in Taiwan
inscriptions for Lunar New Year celebrations this weekend may be
easier and cheaper to buy, but calligraphy enthusiasts in Taiwan
are opting to make their own.
Read more
UPDATE 1-Russia sells Sukhoi Log gold deposit to Polyus-Rostec JV
develop Sukhoi Log, one of the world's largest untapped gold
deposits, to a joint venture of miner Polyus and state
conglomerate Rostec, Russian Natural Resources Minister Sergei
Donskoi said on Thursday.
Read more
Turkey's $2.6 bln Dardanelles bridge project draws 24 interested parties
operate a 10 billion lira ($2.62 billion) suspension bridge over
the Dardanelles Straits has drawn interest from 24 parties and a
tender will be held on Thursday, a transport ministry official
said.
Read more
Physical gold demand slides to 7-year low in 2016 -GFMS
* Gold market surplus biggest this century
* GFMS forecasts gold at $1,259/oz in 2017
By Jan Harvey
LONDON, Jan 26 (Reuters) - Physical gold demand fell 20
percent last year to its lowest since 2009, GFMS analysts at
Thomson Reuters said in a report on Thursday, as a rebound in
prices after three straight years of losses blunted appetite for
the metal.
Buying of jewellery, coins and bars, plus official sector
and indu
Read more
Vallourec and Asco finalise acquisition of France's Saint Saulve steel mill
and Asco Industries announced on Thursday the
finalisation of their acquisition of the Saint Saulve steel mill
in northern France.
Read more
Wednesday, January 25, 2017
UPDATE 1-Freeport says it will challenge $469m Indonesia water tax case
Inc said its Indonesian unit, facing $469 million in
water taxes and penalties in Papua province dating back to 2011,
will contest a ruling by a local tax court that rejected its
lawsuit on the matter.
Read more
UPDATE 1-China's 2016 industrial profits rise most in 3 years on commodities recovery
firms rose 8.5 percent in 2016, the most in three years, as a
construction boom fueled a months-long rally in prices of
building materials from steel to cement, giving companies more
flexibility to start chipping away at a mountain of debt.
Read more
UK car output hits 17-year high but investment tumbles
17-year high last year, but the country's vote to leave the
European Union contributed to a roughly 33 percent drop in
investment in the sector, a car industry body said on Thursday.
Read more
UPDATE 2-Shares of materials companies up on Trump wall, pipeline plans
companies that could benefit from U.S. President Trump's plans
to push ahead with a border wall with Mexico and his approval of
key energy pipeline expansion projects.
Read more
UPDATE 1-Brazil yellow fever outbreak kills 40
Brazil are working to stop an outbreak of yellow fever that has
killed at least 40 people from becoming an epidemic and urged
people in nine states on Thursday to seek vaccinations.
Read more
U.S. chemical industry body calls for reform of WHO cancer agency
industry body called on Wednesday for World Health
Organization's cancer agency to reform, accusing it of "dubious
and misleading" work in classifying potential carcinogens.
Read more
Germany's DAX buoyant but Italian shares lag European stock market rally
sharply on Wednesday, boosted by strong earning updates from
Logitech and Banco Santander, with the STOXX
600 scoring its biggest one-day gain for 11 weeks.
Read more
Republicans to kill U.S. rules on corruption, environment, labor and guns next week
set to overturn a slew of Obama-era regulations next week,
including a controversial anti-bribery rule aimed at U.S.
resource companies such as Exxon Mobil Corp and Chevron
Corp, according to a top lawmaker.
Read more
UPDATE 3-Cemex says Cementos de Chihuahua stake could be worth $410 million
SAB de CV said on Wednesday it was forging ahead
with its plan to sell its 23 percent stake in Grupo Cementos de
Chihuahua SAB de CV, a move that could raise more than
$400 million.
Read more
Indonesian provincial government says Freeport loses $188m tax appeal
of the giant Grasberg copper mine operated by the local unit of
Freeport McMoRan Inc, said it has won a court battle in
a claim against the company for 2.51 trillion rupiah ($188
million) in outstanding surface water taxes.
Read more
Barrick Gold estimates gold output dropped 9.8 pct in 2016
on Wednesday estimated its gold production in 2016 fell 9.8
percent to 5.52 million ounces.
Read more
UPDATE 1-Freeport-McMoRan profit falls short but gold sales seen doubling
reported a lower-than-expected profit on Wednesday but said it
would double gold sales to 2.2 million ounces this year, while
selling less copper.
Read more
UPDATE 2-Saudi Aramco shelves plan for joint venture with Malaysia's Petronas -sources
shelved plans for a partnership with Malaysian state-oil firm
Petroliam Nasional Berhad in a $27 billion refining
and petrochemical project in the southeast Asian country,
industry sources familiar with the matter told Reuters on
Wednesday.
Read more
Freeport-McMoran reports quarterly profit vs. year-earlier loss
Inc reported a fourth-quarter profit, compared with a
year-ago loss, when it recorded $4.1 billion in one-time
charges.
Read more
CORRECTED-UPDATE 1-Saudi Aramco shelves plans for Malaysia venture with Petronas -sources
shelved plans for a multi-billion-dollar refining and
petrochemical joint venture with Petronas in Malaysia,
industry sources familiar with the matter told Reuters on
Wednesday.
Read more
Sri Lankan shares hit near 10-mth closing low; foreign selling boosts turnover
third straight session on Wednesday to close at their lowest in
nearly 10 months, dragged down by beverages and banking shares,
as concerns over rising interest rates and ongoing political
instability weighed on sentiment.
Read more
Foreign direct investment growth in Indonesia slows in Q4
into Indonesia rose 2.1 percent on an annual basis in the fourth
quarter of 2016 in rupiah terms, slowing significantly from the
7.8 percent pace the previous quarter, the investment board said
on Wednesday.
Read more
RPT-INSIGHT-How Russia sold its oil jewel -- without saying who bought it
after Russia announced one of its biggest privatisations since
the 1990s, selling a 19.5 percent stake in its giant oil company
Rosneft, it still isn't possible to determine from public
records the full identities of those who bought it.
Read more
Chilean miner Antofagasta sticks to 2017 copper production target
stuck by its 2017 copper production target on Wednesday, after
higher output at its Centinela mine and additional copper from
two new operations drove up its 2016 production.
Read more
Tuesday, January 24, 2017
Fund firms plan to get tough on excessive pay at Britain's top firms
stocks plan to get tougher on executive pay, as the government
turns up the heat over the yawning income gap between bosses and
employees following Britons' vote to leave the European Union.
Read more
POSCO Q4 operating profit climbs nearly 40 pct, but misses market forecast
posted fourth-quarter operating profit that jumped
40 percent but was still well below market forecasts, according
to Reuters' calculations, reflecting raw material costs that
rose faster than steel prices.
Read more
New Zealand government orders building repairs due to quake risks
said on Wednesday it will require building owners to urgently
fix hundreds of hazardous buildings due to concerns over the
heightened earthquake risk following a deadly tremor in
November.
Read more
RPT-COLUMN-Copper the constant in China's shifting metals trade: Andy Home
tonnes of refined copper last year, just shy of the previous
year's record 3.68 million tonnes.
Read more
Panama charges 17 people linked to Odebrecht bribe case
Tuesday they had charged 17 people, including several
businessmen and former government officials, with money
laundering as part of the case of millions of dollars worth of
bribes paid by Brazilian construction firm Odebrecht S.A.
Read more
RPT-COLUMN-Coking coal's bubble deflates, China's imports from North Korea remain key: Russell
see what a speculative commodity bubble looks like, then coking
coal's huge rally in the second half of last year and subsequent
retreat provides a good example.
Read more
UPDATE 2-Alcoa beats revenue estimates, sees higher aluminum demand
higher-than-expected revenue in its first quarterly results
after the metals company split into two in November, helped
partly by a rise in alumina prices.
Read more
Alcoa reports quarterly loss
first quarterly results after the metals company split into two
in November.
Read more
Brazil probe sees no mechanical failure in judge's plane crash
Brazilian Supreme Court justice overseeing a political bribery
investigation did not suffer any obvious mechanical failure when
it crashed into a bay amid heavy rain and killed all five on
board, investigators said on Tuesday.
Read more
UPDATE 1-Workers at Chile's Escondida reject wage offer, strike looms
Billiton-owned Escondida, the world's biggest
copper mine, said on Tuesday that they rejected the company's
latest wage offer and asked its workers to vote for a strike and
prepare themselves for an extended conflict.
Read more
Spy-cam ring boxes and blinking tiaras at Japan jewelry expo
engagement ring boxes equipped with spy-cams and diamond-dusted
hourglasses were some of the most eye-catching items showcased
among more than a thousand jewelry booths at Japan's biggest
jewelry exposition on Tuesday.
Read more
INSIGHT-How Russia sold its oil jewel -- without saying who bought it
after Russia announced one of its biggest privatisations since
the 1990s, selling a 19.5 percent stake in its giant oil company
Rosneft, it still isn't possible to determine from public
records the full identities of those who bought it.
Read more
How to boost rural incomes in Africa? Plant more trees
overlooked source of income for farmers in sub-Saharan Africa
and should be promoted as a means of reducing poverty and hunger
in regions hit hard by climate change, researchers said.
Read more
Trump signs orders advancing Keystone, Dakota pipelines
on Tuesday signed executive actions to accelerate the Keystone
XL and Dakota Access pipeline projects and to decree that
American steel should be used for pipelines built in the United
States.
Read more
MIDEAST STOCKS-Saudi continues rebound, Egypt pulls back
continued rebounding on Tuesday in a generally strong Gulf
region, while a drop by shares in real estate firm Emaar Misr
dragged down Egypt.
Read more
UPDATE 1-Packaging company WestRock to buy smaller rival for $1.39 bln
will buy Multi Packaging Solutions International Ltd
for about $1.39 billion to boost its portfolio of
products that serve the spirits, confectionary, and cosmetics
markets.
Read more
Sri Lankan shares hit near 10-mth closing low
their lowest in nearly 10 months on Tuesday, dragged down by
banking and telecom shares, as concerns over rising interest
rates and ongoing political instability weighed on sentiment.
Read more
UPDATE 1-DuPont sees Dow merger closing in first half of 2017
said on Tuesday it expected its merger with Dow Chemical
Co to close in the first half of the year, suggesting it
will take longer than previously estimated to win approvals for
the $130 billion deal.
Read more
Packaging company WestRock to buy smaller rival for $1.39 bln
will buy Multi Packaging Solutions International Ltd
for about $1.39 billion to boost its portfolio of
products that serve the spirits, confectionary, and cosmetics
markets.
Read more
UPDATE 1-Rio Tinto sells coal assets to China's Yancoal for up to $2.45 bln
regulators
(Adds quotes, divestment program)
Read more
Fire-prone Indonesian province declares early emergency to combat "haze"
province declared a state of emergency on Tuesday, the disaster
mitigation agency said, after President Joko Widodo urged
regional authorities to avoid a repeat of fires that smothered
Southeast Asia in smog in 2015.
Read more
UPDATE 1-South Africa's Anglogold Ashanti to hold back on job cuts - NUM union
producer Anglogold Ashanti will hold back on job cuts
announced last week and will instead redeploy most of the
workers within the firm, the National Union of Mineworkers said
on Tuesday.
Read more
Monday, January 23, 2017
China safety agency says 'illegal' output led to fatalities at state coal mine
Work Safety said on Tuesday that "illegal" ramped-up output and
poor maintenance at a state-owned coal mine in Shanxi province
led to an accident that killed 10 workers last week.
Read more
Pakistan stocks hit record-high of 50,050
index briefly touched a record high level of 50,050.19 on
Tuesday, before edging down, underpinned by buying in cement
sector.
Read more
More businesses must work with suppliers to curb climate change -study
their suppliers to reduce greenhouse gas emissions, according to
study that praised 29 companies including General Motors,
Sky and Sony Corp for taking the lead.
Read more
Australia shares higher on metal prices; NZ falls
by materials, as a weaker U.S. dollar boosted copper and gold
prices.
Read more
Miner Teck eyes sharing port with Anglo American in Chile
held talks with fellow miner Anglo American Plc about
sharing port infrastructure at their neighboring copper mines in
Chile, Teck's chief executive officer said on Monday, arguing
for more industry partnerships.
Read more
Trump moving U.S. toward era of bilateral trade -White House
with key business leaders on Monday and signed an executive
order withdrawing the United States from the Trans-Pacific
Partnership trade deal, moving the country toward an era of
bilateral trade and job creation at home, the White House said.
Read more
UPDATE 1-Saudi Arabia warns over cyber attacks as labour ministry hit
organisations in the kingdom on Monday to be on the alert for
cyber attacks including a version of the destructive Shamoon
virus, as a chemicals firm reported a network disruption and the
labour ministry said it had been attacked.
Read more
CEO's discussed tax, regulations and trade with Trump -Liveris
the chief executives of 12 large companies discussed tax,
regulations and trade on Monday and the business leaders will
return in 30 days with a series of actions to help U.S.
manufacturing, Dow Chemical CEO Andrew Liveris said.
Read more
UPDATE 1-Trump tells manufacturers he will cut regulations, taxes
met with a dozen American manufacturers at the White House on
Monday, pledging to slash regulations and cut corporate taxes,
but warning them he would impose taxes on imports if they move
production outside the country.
Read more
UPDATE 1-Struggling UK steel sector needs broad govt support - MPs
(Adds detail, industry and politician comment)
Read more
UPDATE 2-Trump to talk manufacturing with executives, meet labor leaders
planned to hold meetings on Monday with business and labor
leaders at the start of his first full week in office, seeking
to work quickly on his campaign promise to boost the American
manufacturing sector and deliver more jobs.
Read more
Trump to company executives: We think we can cut regulations by 75 pct
told leaders of companies ranging from defense manufacturer
Lockheed Martin Corp to sportswear apparel maker Under
Armour Inc on Monday that he believed his administration
could cut U.S. regulations governing companies by 75 percent or
more.
Read more
Sri Lankan shares end at near 2-week low
their lowest in nearly two weeks on Monday led by diversified
shares as concerns about rising interest rates and the ongoing
political stability weighed on sentiment.
Read more
UPDATE 1-Silgan buys WestRock's dispensers unit for about $1 bln
Holdings Inc said it would buy WestRock Co's
business that makes soap dispensers and perfume sprayers for
about $1 billion.
Read more
UPDATE 1-Miner Centamin won't bid in Egypt gold tender, terms not viable
Egypt's only commercial gold mine, said it would not bid in the
country's new gold exploration tender because the terms are not
commercially viable.
Read more
UK scientists give cancer risk warning on overdone chips, toast
temperatures for a long time could increase the risk of cancer
in people who eat them regularly, British government scientists
said on Monday.
Read more
UPDATE 1-Essentra sees FY operating profit near lower end of forecast
speciality plastic and packaging components, warned that
full-year adjusted operating profit would miss or could come in
at the lower end of its forecast, citing challenging business
conditions in health and personal care packaging unit.
Read more
Sunday, January 22, 2017
China bans more than 100 golf courses to safeguard resources
more than 100 golf courses, the powerful state planner said on
Sunday, after a multi-year campaign to tackle illegal
development in the sector.
Read more
Indian regulator may bolster rules on removing company directors - CNBC-TV18
looking to tighten regulations related to the appointment and
removal of directors from company boards amid an ongoing spat
between the Tata group and its ousted chairman Cyrus Mistry,
CNBC-TV 18 cited sources as saying on Sunday.
Read more
UPDATE 1-Saudi's SABIC to acquire remaining 50 pct of Shell venture for $820 mln
Industries Corp (SABIC) has signed an agreement to
acquire the 50 percent that it does not already own in its
petrochemical venture with Shell Arabia, a unit of Royal Dutch
Shell, for $820 million, SABIC said on Sunday.
Read more
UPDATE 1-Brazil graft probe judge buried after being killed in plane crash
justice who had overseen the investigation of politicians linked
to the nation's largest graft scheme was buried on Saturday, two
days after he died in a plane crash.
Read more
Saturday, January 21, 2017
Funeral of major graft probe judge killed in plane crash
Saturday of a Brazilian Supreme Court justice who died in a
plane crash after overseeing the investigation of politicians
linked to the nation's largest graft scheme.
Read more
Trudeau speaks with Trump about trade -prime minister's office
Justin Trudeau on Saturday spoke to U.S. President Donald Trump
about trade and congratulated him on his inauguration, according
to the prime minister's office.
Read more
Dead miner pulled from under landslide in Peru, 6 others missing
trapped under a landslide for four days in southern Peru was
pulled from a 200-meter (660 feet) deep tunnel on Friday, but
hopes of finding the others alive dimmed, authorities said.
Read more
Friday, January 20, 2017
Chile declares state of emergency due to massive wildfires
emergency on Friday as more than a dozen wildfires that have
scorched nearly 50,000 hectares (123,500 acres) threatened to
encroach on towns, factories and vineyards.
Read more
UPDATE 1-'Black box' found after plane crash killed Brazil judge
Friday recovered the black box that was in a small plane that
crashed and killed a Supreme Court justice who was overseeing
the investigation of a political kickback scheme, the largest
ever uncovered in the country.
Read more
France to review food whitener additive for health risks
a review of the safety of titanium dioxide as a food additive
after a scientific study released on Friday found health effects
in animals that consumed the substance.
Read more
CANADA STOCKS-TSX Jumps 1 pct as oil rally boosts energy stocks; Trump eyed
1 percent on Friday in a broad rally led by resources stocks as
oil prices pushed higher and other commodity prices also gained
and as investors eyed the inauguration of Donald Trump as the
next U.S. president.
Read more
Brazil begins probe of plane crash that killed top court justice
Friday started their investigation into a small plane crash that
killed a Supreme Court justice who was overseeing the
investigation of a political kickback scheme, the largest ever
uncovered in the country.
Read more
Sri Lankan shares end higher on foreign buying
on Friday led by financials, after hitting a more than one-week
closing low in the previous session, on increased appetite for
risky assets by foreign investors.
Read more
UPDATE 1-Chemicals maker Synthomer sees 2016 profit ahead of estimates
estimated 2016 profit ahead of market expectations after
stronger-than-expected trading in Europe and Asia and the
sterling's weakness boosted fourth-quarter trading, pushing its
stock to a record high.
Read more
Shippers avoid new "pirate hotspot" in waters west of the Philippines
of the Philippines is forcing shipowners to divert vessels
through other waters, stoking their costs and extending the time
it takes to transport goods such as Australian iron ore to key
Asian destinations.
Read more
Chemicals maker Synthomer sees 2016 profit ahead of estimates
estimated 2016 underlying pretax profit at constant currencies
ahead of market expectations after fourth-quarter trading was
boosted by stronger-than-expected trading in Europe and Asia.
Read more
Holiday on ice as coal mines get skates on to beat Beijing curbs
determined to cash in on a window of high prices that many are
slashing holiday leave for workers and raising pay through the
Lunar New Year celebrations before government introduces limits
on output again.
Read more
Thursday, January 19, 2017
UPDATE 1-Bad weather and broken generator stall bid to rescue Peru miners
stalled efforts in Peru on Thursday to rescue seven miners who
were trapped in a tunnel hundreds of feet under a landslide
three days ago, officials said.
Read more
China Dec coal output hits 1-year high on winter demand
rose 1 percent from November to hit its highest level in a year,
as miners cranked out more product to meet government orders
amid increased demand from utilities during the cold winter
months, data showed on Friday.
Read more
CANADA STOCKS-TSX rises, led by CP Rail on railroad merger prospects
higher on Thursday, helped by a jump in Canadian Pacific Railway
shares on prospects of consolidation in the railroad industry
and a rebound of uranium producer Cameco Corp.
Read more
UPDATE 3-Brazil Supreme Court judge handling graft probe killed in plane crash
Justice Teori Zavascki was killed in a plane crash on Thursday,
raising questions about who will take over his investigation
into dozens of politicians in the country's biggest ever
corruption scandal.
Read more
UPDATE 2-New Vale pact seeks dispersed share ownership in six years -sources
SA are close to endorsing a plan to turn the world's No. 1 iron
ore producer into a company with dispersed share ownership
within six years, two people familiar with the talks said.
Read more
French prosecutors probe Lafarge's Syria activities - source
investigation into cement group Lafarge's activities in Syria in
October of last year on suspicion that it infringed custom
rules, a judicial source said on Thursday.
Read more
UPDATE 2-Trump picks southerner over Midwest candidate for Agriculture
Trump officially announced Sonny Perdue as his choice for
secretary of agriculture on Thursday, selecting a former Georgia
governor over candidates from the Midwest states that dominate
U.S. agricultural exports.
Read more
CANADA STOCKS-TSX rises as CP Rail and Cameco gain
higher in morning trade on Thursday, helped by a jump in
Canadian Pacific Railway shares and a rebound in uranium
producer Cameco Corp.
Read more
UPDATE 2-Court upholds conviction of Massey ex-CEO in fatal mine blast
rejected former Massey Energy Co Chief Executive Officer Donald
Blankenship's bid to overturn his conviction and one-year prison
sentence related to his role in a 2010 West Virginia mine
explosion that killed 29 workers.
Read more
Sri Lankan shares hit more than 1-wk closing low
than one-week closing low on Thursday, falling for a fourth
straight session, as uncertainty over foreign investments and
rising yields on short-term government securities hurt investor
sentiment.
Read more
U.S. investors praise Saudi reform commitment at Davos
giant BlackRock and chemical major Dow Chemical praised
Saudi Arabia on Thursday as the kingdom said it was pressing
ahead with reforms and investments beyond oil.
Read more
U.S. cities move to curb lead poisoning following Reuters report
United States are taking action after a Reuters report
identified thousands of communities where children tested with
lead poisoning at higher rates than in Flint, Michigan.
Read more
Britain says auto industry is a key sector, looking to ensure best EU market access
part of the economy and the government is looking to ensure the
best possible EU market access for all of the country's
important sectors, Prime Minister Theresa May's spokesman said
on Thursday.
Read more
UPDATE 2-South African mining deaths fall to new record low in 2016
miners killed in South Africa's mines fell in 2016 to a new
record low of 73 from 77 in 2015 thanks to a government drive to
improve practices, Mineral Resources Minister Mosebenzi Zwane
said on Thursday.
Read more
South African mining deaths fall to new record low in 2016
miners killed in South Africa's mines fell in 2016 to a new
record low of 73 from 77 in 2015, mines minister Mosebenzi
Joseph Zwane said on Thursday.
Read more
Wednesday, January 18, 2017
BHP says reached settlement agreement with Brazil over Samarco
partner Vale SA and Samarco have reached an agreement
with Brazil authorities to settle a $47.5 billion civil claim
over the Samarco iron ore mine disaster, the companies said on
Thursday.
Read more
UPDATE 1-Lotte Chem says looking to acquire Singapore's Jurong Aromatics
said on Thursday it had submitted a letter of intent earlier
this month to acquire Singapore petrochemical company Jurong
Aromatics Corp (JAC).
Read more
New Vale pact seeks dispersed share ownership in six years -sources
SA are close to endorsing a plan to turn the world's No. 1 iron
ore producer into a company with dispersed share ownership
within six years, two people familiar with the talks said.
Read more
Lotte Chem says submitted letter of intent to acquire Singapore's Jurong Aromatics
said on Thursday it had submitted a letter of intent earlier
this month to acquire Singapore petrochemical company Jurong
Aromatics Corp (JAC).
Read more
CANADA STOCKS-TSX ends down as Cameco plunges, energy stocks weigh
lower on Wednesday, hurt by a 17 percent fall in shares of
uranium producer Cameco Corp after a profit warning and
as lower oil prices weighed on energy companies.
Read more
UPDATE 1-U.S. affirms finding of China steel plate dumping, subsidies
said on Wednesday it had made a final finding of dumping of
certain imports of carbon and alloy steel cut-to-length (CTL)
plate from China.
Read more
Peru tries to rescue seven miners trapped by landslide
Wednesday to free seven miners trapped for two days in a tunnel
covered by a landslide in southern Peru, authorities said on
Wednesday.
Read more
U.S. finalizes finding of dumping, subsidies of steel plate from China
said on Wednesday it had made a final finding of dumping of
certain imports of carbon and alloy steel cut-to-length (CTL)
plate from China.
Read more
COLUMN-Policymakers: Don't Take Clean Air For Granted
persist in the United States, as seen most recently with the
Flint water crisis, many Americans today take clean air and
water for granted. With Donald Trump two days from his
inauguration as the country's president, it is a good time -- as
Congress considers his nominee to lead the Environmental
Protection Agency (EPA), Scott Pruitt, who has like the
president-elect been a vocal critic of the agency -- to recall
that this was not always
Read more
UPDATE 1-Renault-Nissan's Ghosn intent on staying ahead in electric cars
has sold more than 400,000 electric cars
globally and the leader in plug-in vehicles is planning further
investment to maintain its market lead, the chief executive of
the auto alliance said.
Read more
CANADA STOCKS-TSX falls as energy stocks slip, Cameco falls
on Wednesday as energy stocks weighed with a fall in oil prices
and uranium producer Cameco Corp plunged on a negative
outlook.
Read more
CANADA STOCKS-TSX falls as Cameco slides, oil fall weighs on energy stocks
slipped in early trade on Wednesday, weighed down by energy
stocks as oil prices slid and by a slump in uranium miner Cameco
Corp after it warned of a net loss and job cuts.
Read more
Sri Lankan shares little changed; rising rates weigh
slightly weaker on Wednesday, falling for a third straight
session, as investor sentiment took a hit on uncertainty over
foreign investments and rising yields on short-term government
securities.
Read more
European shares boosted by company updates, though Pearson plummets
Wednesday in early deals, helped by a slew of well-received
company results from ASML, Novozymes and
Burberry, though shares in Pearson slumped
after its update.
Read more
UPDATE 1-Rosneft raises 175 mln euros from Saras stake sales-sources
sold its 12 percent stake in Italian refiner Saras for
1.53 euros a share, three market sources said on Wednesday,
raising around 175 million euros ($187 million).
Read more
Novozymes cuts 198 jobs, to invest more in emerging markets
Novozymes said on Wednesday it would cut 198 jobs and
allocate resources to high-growth opportunities in emerging
markets, indicating it could take time to return to previous
growth rates.
Read more
Tuesday, January 17, 2017
China stocks rise despite weak small-caps; Hong Kong has solid gain
morning despite renewed weakness in small-caps and worries about
Donald Trump's approach to Beijing, helped by a blue chip's
solid 2016 earnings projection.
Read more
REFILE-UPDATE 2-China 2016 home prices surge most in 5 years, but moderating, easing bubble fears
grew last year at the fastest rate since 2011, but moderated
enough in December to calm fears of a speculative bubble
bursting with disastrous economic consequences.
Read more
Brazil's Odebrecht settling bribe cases in 12 countries
conglomerate Odebrecht SA plans to reach settlements
in all 12 countries where it has admitted to paying bribes to
obtain contracts, two sources with knowledge of the matter told
Reuters on Tuesday.
Read more
UPDATE 1-China's December home price growth moderates, bubble fears abate
moderated slightly in December as local governments stepped up
curbs to tame speculation which some fear is fuelling a property
bubble.
Read more
Cameco expects to report net loss for 2016, cut jobs at uranium mines
on Tuesday said it expected its 2016 adjusted
profit to be significantly lower than analysts' estimates and
also said it would cut 120 jobs at three of its uranium mines in
2017.
Read more
Strike ends at Yamana Gold's El Peñón mine, union says
Inc's El Peñón mine in Chile have reached a wage
agreement with the Canadian miner, a union leader said on
Tuesday, ending the work stoppage.
Read more
UPDATE 1-Strike ends at Yamana Gold's El Peñón mine, union says
Inc's El Peñón mine in Chile have reached a wage
agreement with the Canadian miner, allowing for the mine to
reopen on Wednesday, a union leader said on Tuesday.
Read more
Vedanta's Zambia mine to pay first instalment of $100 mln fine by month-end
by global conglomerate Vedanta Resources PLC, will pay
the first tranche of a $100 million fine to the Zambian
government by the end of month, the country's investment firm
said on Tuesday.
Read more
UPDATE 2-Gold miner Goldcorp details growth plan, shares rise
Inc detailed an ambitious growth plan on Tuesday that
includes increasing production as well as yet-to-be-mined
reserves by 20 percent over the next five years from existing
operations and deposits, lifting its shares.
Read more
Trump Commerce nominee Ross to divest assets worth up to $187 million
Donald Trump's nominee for Commerce Secretary, has pledged to
divest assets worth about $62 million to $187 million and resign
his corporate board seats, but the billionaire investor intends
to retain his interests in mortgage lending and transoceanic
shipping.
Read more
Britain's FTSE falls most since June 2016 after PM May's Brexit speech
(Recasts, adds detail and updates prices at close)
Read more
Bayer to boost U.S. jobs, investments amid Monsanto deal -Trump spokesman
its investments in the United States amid its deal to buy U.S.
seeds giant Monsanto, investing$8 billion in research and
development and adding American jobs, U.S. President-elect
Donald Trump's spokesman said on Tuesday.
Read more
UPDATE 2-Russian state bank lent billions to fund Rosneft privatisation deal
(Changes attribution, edits, adds Glencore comment)
Read more
Southern African maize munching pest is South American invader - experts
crops in southern Africa is a South American species which is
harder to detect and eradicate than its African counterpart,
agriculture officials and experts said on Tuesday.
Read more
UPDATE 1-Syngenta sees no sale of ChemChina's Adama to get merger nod
(Adds details on future organisation, planned biotech R&D push
in China)
Read more
UPDATE 1-Former Yara legal chief sentenced to 7 years for corruption
the former chief legal officer of fertiliser-maker Yara
International, Kendrick Wallace, to seven years in
prison in a bribery case, it said on Tuesday.
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UPDATE 1-Audi to expand electric car range in China with FAW
(Adds executive comment, detail and background)
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Former Yara legal chief sentenced to 7 years for corruption
the former chief legal officer of fertiliser-maker Yara
International, Kendrick Wallace, to seven years in
prison in a bribery case, it said on Tuesday.
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Hong Kong regulator sues StanChart, UBS, KPMG, others over China Forestry IPO
regulator has filed a suit against Standard Chartered Plc
, UBS Group AG and four other parties over the
2009 IPO of timber company China Forestry Holdings Co Ltd
, according to court documents.
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CEO of Russia's Alrosa: not expedient to sell another 10 pct stake in 2017 - RIA
diamond miner Alrosa, Andrey Zharkov, said on Tuesday
it was not expedient to sell another 10 percent stake in the
company in 2017, RIA news agency reported.
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Sri Lankan shares end lower; heavyweights down
on Tuesday for a second straight session as investor sentiment
took a hit on political uncertainty and as yields on short-term
bonds rose.
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COLUMN-China steel, iron ore: A new year, a new bubble: Russell
started with something familiar from the last - a bubble in
Chinese iron ore and steel prices.
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Monday, January 16, 2017
RPT-COLUMN-U.S. complaint against China's aluminium sector risks back-firing: Andy Home
the simmering dispute between the United States and China about
that country's rising exports of aluminium.
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Brazil to boost new crop financing by about 20 pct -Temer
subsidized credit line available to farmers to prepare for the
2017-2018 crop by about one-fifth to 12 billion reais ($3.72
billion), President Michel Temer told Reuters on Monday.
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Britain's FTSE ends historic rally, dragged down by banks' 'hard Brexit' worries
its record 14-day winning streak on Monday, finishing down for
the first day since Dec. 21, as banking stocks slumped on 'hard
Brexit' worries ahead of Theresa May's speech on Tuesday.
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CANADA STOCKS-TSX slips as Trump talk weighs on auto stocks
back in morning trade on Monday, with several auto parts makers
losing ground as U.S. President-elect Donald Trump upped
pressure on carmakers to build locally.
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At least two dozen dead in ethnic clashes in southeastern Congo
of them women, have been killed over the past week in ethnic
violence between Bantus and Pygmies in southeastern Democratic
Republic of Congo, a U.N. human rights official said on Monday.
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CANADA STOCKS-TSX slips as energy stocks weigh, Stella-Jones falls
slipped in early trade on Monday, with energy stocks lower as
investors fret about oversupply, while lumber company
Stella-Jones Inc plunged on price target cuts after
warning of lower profit and revenue.
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UPDATE 2-Atlas Copco to split group, company veteran Rahmstrom named new CEO
(Adds new comments from Chairman, analysts, updates background
details)
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UPDATE 1-China's Xi says Chinese economy to keep growing steadily
and keep growing steadily while resisting protectionism,
President Xi Jinping told Swiss executives on Monday.
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MIDEAST STOCKS-Sinking banks drag down Saudi stocks, rest of region mixed
earnings at a major bank missed analysts' estimates dragged down
Saudi Arabia's stock market on Monday, while markets in the rest
of the region were mixed.
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Sri Lankan shares end lower on rising rates
on Monday as investors sold financials after rising yields in
short-term government securities hit sentiment, brokers said.
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UK to test Fiat Chrysler Jeep model after U.S. emission accusations
carry out tests on the Jeep Grand Cherokee model following U.S.
accusations carmaker Fiat Chrysler Automobiles mislead
regulators on diesel car emissions.
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Britain's FTSE touches fresh record high as sterling slides
a fresh record high on Monday in choppy trade after sterling
tumbled to a three-month low on worries that Britain was headed
for a "hard" Brexit from the European Union.
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Sunday, January 15, 2017
Australia govt, Alcoa say making progress in aluminium smelter talks
support to keep open a 30-year-old aluminium smelter in
Australia owned by Alcoa have made "progress", parties
involved in talks said on Monday without giving details.
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RPT-COLUMN-Indonesia rocks the nickel market (again): Andy Home
Indonesia rocked the global nickel market by banning the export
of unprocessed minerals.
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Tokyo Steel raises product prices for 3rd straight month; cites China pickup, Olympics
, Japan's top electric-arc furnace steelmaker, will
raise product prices for a third straight month, citing firmer
international prices and domestic building projects getting
under way for the 2020 Olympics.
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China's top coal province to cut 20 mln T of capacity in 2017 - Xinhua
province Shanxi will cut 20 million tonnes of output capacity
this year, state news agency Xinhua reported.
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Saturday, January 14, 2017
Brazil's Camargo Correa seeks new plea deal over corruption -Veja
one of Brazil's biggest engineering firms, is in talks with
federal prosecutors for a new plea bargain deal linked to the
country's sweeping "Operation Car Wash" corruption scandal,
weekly magazine Veja said on Saturday.
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Move to lift Sudan sanctions came after Trump approval, months of talks
preliminary decision to ease sanctions on Sudan came with the
full approval of the incoming Trump administration and after
months of secret meetings, Sudan's foreign minister said on
Saturday.
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UPDATE 1-Iraqi forces fight on at Mosul university, find chemicals - officers
Islamic State militants inside the Mosul University campus on
Saturday in a second day of fierce clashes in the complex and
also discovered chemicals used to try to make weapons, officers
said.
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Indonesian miners' nickel ore exports "comparable" to smelter capacity -minister
on Saturday the amount of nickel ore and bauxite that can be
exported by individual miners under the country's new mining
rules will be "comparable" to their smelter capacity.
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Friday, January 13, 2017
UPDATE 2-Codelco chairman treated for minor injuries after package explodes
Chile's state-run copper miner, was being treated in the
hospital for minor injuries after receiving a package that
exploded at his home on Friday.
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UPDATE 1-Chile's SQM to pay $30 mln U.S. penalty over invoices case
giant SQM said on Friday it had agreed to pay more than $30
million in penalties to the U.S. Department of Justice and
Securities and Exchange Commission to resolve a probe over
alleged fake invoices.
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Codelco chairman unhurt after receiving explosive package
Chile's state-run copper miner, is unhurt after receiving a
package at his home on Friday that exploded, the company said in
a statement.
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Acacia confirms in early talks to combine with Endeavour Mining
said on Friday it was in early talks about a possible merger
with Canadian gold miner Endeavour Mining Corp.
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UPDATE 1-Acacia confirms merger talks with Endeavour Mining
said on Friday it was in early talks about a possible merger
with Canadian gold miner Endeavour Mining Corp.
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Banks boost European stocks; Britain's FTSE sets record high
led higher by banks stocks, with Britain's blue chip index
finishing at an all-time high after extending a record winning
streak to 14 days.
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UPDATE 1-U.S. moves to lift some trade, oil-related sanctions on Sudan
Friday moved to lift the trade embargo against Sudan in response
to the east African nation's recent cooperation in helping to
tackle terrorism.
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Trump adviser: TPP 'dead,' will move quickly on bilateral trade deals
will not revive his predecessor's stalled Trans-Pacific
Partnership trade deal in any form, but will quickly pursue
bilateral trade agreements, a Trump transition policy adviser
said.
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